Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 290 · 40 sums

The method (P × R × T ÷ 100): Interest I = P × R × T ÷ 100. Amount after T years = P + I. Turn it round: R = I × 100 ÷ (P × T) and T = I × 100 ÷ (P × R).

1. 1.Aditya keeps ₹2000 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
2. 2.₹400 earns 6% simple interest per year. In how many years will the interest be ₹120?
3. 3.Priya keeps ₹1000 in a bank. After 4 years the simple interest is ₹120. What is the rate of interest per year (in %)?
4. 4.Rahul keeps ₹600 in a bank. After 4 years the simple interest is ₹48. What is the rate of interest per year (in %)?
5. 5.Zoya keeps ₹1000 in a bank. After 2 years the simple interest is ₹180. What is the rate of interest per year (in %)?
6. 6.₹100 earns 5% simple interest per year. In how many years will the interest be ₹15?
7. 7.Pooja keeps ₹1900 in a bank. After 3 years the simple interest is ₹513. What is the rate of interest per year (in %)?
8. 8.Rohan has ₹500. In a piggy bank it stays ₹500. In a bank at 6% simple interest per year, how many rupees more will Rohan have after 1 year?
9. 9.₹1300 earns 6% simple interest per year. In how many years will the interest be ₹312?
10. 10.Manav keeps ₹500 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 4 years?
11. 11.Riya keeps ₹2000 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 4 years?
12. 12.₹100 earns 4% simple interest per year. In how many years will the interest be ₹16?
13. 13.Joseph keeps ₹200 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
14. 14.Dev keeps ₹200 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
15. 15.Saanvi keeps ₹1600 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
16. 16.Nisha keeps ₹300 in a bank. After 2 years the simple interest is ₹12. What is the rate of interest per year (in %)?
17. 17.Tara keeps ₹1800 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
18. 18.Kavya keeps ₹200 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 2 years?
19. 19.₹400 earns 10% simple interest per year. In how many years will the interest be ₹40?
20. 20.₹1600 earns 3% simple interest per year. In how many years will the interest be ₹144?
21. 21.Joseph keeps ₹400 in a bank at 10% simple interest per year. How much money will there be after 1 year (in ₹)?
22. 22.Farhan has ₹600. In a piggy bank it stays ₹600. In a bank at 3% simple interest per year, how many rupees more will Farhan have after 1 year?
23. 23.Aarav has ₹1200. In a piggy bank it stays ₹1200. In a bank at 2% simple interest per year, how many rupees more will Aarav have after 4 years?
24. 24.Vivaan keeps ₹600 in a bank at 8% simple interest per year. How much money will there be after 4 years (in ₹)?
25. 25.₹600 earns 4% simple interest per year. In how many years will the interest be ₹24?
26. 26.₹1000 earns 4% simple interest per year. In how many years will the interest be ₹160?
27. 27.Kabir keeps ₹1100 in a bank. After 1 year the simple interest is ₹77. What is the rate of interest per year (in %)?
28. 28.₹400 earns 9% simple interest per year. In how many years will the interest be ₹72?
29. 29.Sneha keeps ₹1200 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 5 years?
30. 30.Meera keeps ₹1000 in a bank. After 5 years the simple interest is ₹350. What is the rate of interest per year (in %)?
31. 31.₹1700 earns 4% simple interest per year. In how many years will the interest be ₹272?
32. 32.Karan has ₹1500. In a piggy bank it stays ₹1500. In a bank at 5% simple interest per year, how many rupees more will Karan have after 3 years?
33. 33.Karan keeps ₹1100 in a bank at 10% simple interest per year. How much money will there be after 1 year (in ₹)?
34. 34.Rohan keeps ₹1000 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
35. 35.Gurpreet has ₹1000. In a piggy bank it stays ₹1000. In a bank at 2% simple interest per year, how many rupees more will Gurpreet have after 2 years?
36. 36.Rohan has ₹1400. In a piggy bank it stays ₹1400. In a bank at 2% simple interest per year, how many rupees more will Rohan have after 2 years?
37. 37.Riya keeps ₹1000 in a bank. After 4 years the simple interest is ₹160. What is the rate of interest per year (in %)?
38. 38.₹1500 earns 8% simple interest per year. In how many years will the interest be ₹480?
39. 39.Manav has ₹700. In a piggy bank it stays ₹700. In a bank at 8% simple interest per year, how many rupees more will Manav have after 4 years?
40. 40.Joseph has ₹800. In a piggy bank it stays ₹800. In a bank at 10% simple interest per year, how many rupees more will Joseph have after 2 years?

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