Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 291 · 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.Karan keeps ₹1600 in a bank. After 3 years the simple interest is ₹144. What is the rate of interest per year (in %)?
2. 2.Aarav has ₹1500. In a piggy bank it stays ₹1500. In a bank at 6% simple interest per year, how many rupees more will Aarav have after 2 years?
3. 3.Aditya has ₹800. In a piggy bank it stays ₹800. In a bank at 7% simple interest per year, how many rupees more will Aditya have after 3 years?
4. 4.Lakshmi keeps ₹900 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 2 years?
5. 5.Manav keeps ₹400 in a bank at 3% simple interest per year. How much money will there be after 3 years (in ₹)?
6. 6.Manav has ₹1200. In a piggy bank it stays ₹1200. In a bank at 9% simple interest per year, how many rupees more will Manav have after 2 years?
7. 7.Pooja keeps ₹500 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 4 years?
8. 8.Aditya keeps ₹200 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
9. 9.Arjun keeps ₹2000 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 3 years?
10. 10.₹1200 earns 9% simple interest per year. In how many years will the interest be ₹432?
11. 11.Tara keeps ₹2000 in a bank at 6% simple interest per year. How much money will there be after 4 years (in ₹)?
12. 12.Aarav keeps ₹1700 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
13. 13.Aarav keeps ₹1900 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 4 years?
14. 14.Manav has ₹300. In a piggy bank it stays ₹300. In a bank at 8% simple interest per year, how many rupees more will Manav have after 1 year?
15. 15.Zoya keeps ₹1400 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?
16. 16.₹900 earns 8% simple interest per year. In how many years will the interest be ₹72?
17. 17.₹900 earns 8% simple interest per year. In how many years will the interest be ₹144?
18. 18.Gurpreet keeps ₹1600 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
19. 19.₹1900 earns 8% simple interest per year. In how many years will the interest be ₹608?
20. 20.Rahul keeps ₹1600 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
21. 21.₹1300 earns 9% simple interest per year. In how many years will the interest be ₹468?
22. 22.Priya keeps ₹800 in a bank at 8% simple interest per year. How much money will there be after 4 years (in ₹)?
23. 23.Rahul keeps ₹1400 in a bank. After 2 years the simple interest is ₹224. What is the rate of interest per year (in %)?
24. 24.Rohan keeps ₹300 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 2 years?
25. 25.₹400 earns 8% simple interest per year. In how many years will the interest be ₹96?
26. 26.Karan keeps ₹1200 in a bank. After 3 years the simple interest is ₹72. What is the rate of interest per year (in %)?
27. 27.Sneha has ₹1100. In a piggy bank it stays ₹1100. In a bank at 6% simple interest per year, how many rupees more will Sneha have after 1 year?
28. 28.₹500 earns 10% simple interest per year. In how many years will the interest be ₹200?
29. 29.₹1100 earns 6% simple interest per year. In how many years will the interest be ₹132?
30. 30.Farhan keeps ₹1300 in a bank. After 4 years the simple interest is ₹364. What is the rate of interest per year (in %)?
31. 31.Dev keeps ₹1000 in a bank. After 1 year the simple interest is ₹50. What is the rate of interest per year (in %)?
32. 32.Aarav keeps ₹1800 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
33. 33.₹500 earns 6% simple interest per year. In how many years will the interest be ₹90?
34. 34.Farhan has ₹1100. In a piggy bank it stays ₹1100. In a bank at 4% simple interest per year, how many rupees more will Farhan have after 1 year?
35. 35.Farhan keeps ₹1900 in a bank at 9% simple interest per year. How much money will there be after 4 years (in ₹)?
36. 36.Meera keeps ₹2000 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 4 years?
37. 37.Gurpreet keeps ₹1200 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
38. 38.Karan keeps ₹1600 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 5 years?
39. 39.Riya keeps ₹400 in a bank at 3% simple interest per year. How much money will there be after 3 years (in ₹)?
40. 40.Aarav keeps ₹100 in a bank at 6% simple interest per year. How much money will there be after 2 years (in ₹)?

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