Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 294 · 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.Dev keeps ₹500 in a bank. After 4 years the simple interest is ₹40. What is the rate of interest per year (in %)?
2. 2.Joseph keeps ₹1400 in a bank. After 3 years the simple interest is ₹420. What is the rate of interest per year (in %)?
3. 3.Arjun keeps ₹1700 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
4. 4.Vivaan keeps ₹600 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
5. 5.Diya keeps ₹1200 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 4 years?
6. 6.Lakshmi keeps ₹700 in a bank. After 4 years the simple interest is ₹196. What is the rate of interest per year (in %)?
7. 7.Kabir keeps ₹500 in a bank at 7% simple interest per year. How much money will there be after 3 years (in ₹)?
8. 8.Zoya keeps ₹1600 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
9. 9.Rahul has ₹2000. In a piggy bank it stays ₹2000. In a bank at 9% simple interest per year, how many rupees more will Rahul have after 1 year?
10. 10.Diya has ₹1000. In a piggy bank it stays ₹1000. In a bank at 3% simple interest per year, how many rupees more will Diya have after 5 years?
11. 11.₹1100 earns 3% simple interest per year. In how many years will the interest be ₹99?
12. 12.Karan keeps ₹1400 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 3 years?
13. 13.₹1100 earns 6% simple interest per year. In how many years will the interest be ₹66?
14. 14.Isha keeps ₹1000 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
15. 15.Diya keeps ₹1100 in a bank. After 2 years the simple interest is ₹154. What is the rate of interest per year (in %)?
16. 16.₹200 earns 7% simple interest per year. In how many years will the interest be ₹70?
17. 17.Aditya keeps ₹500 in a bank. After 1 year the simple interest is ₹50. What is the rate of interest per year (in %)?
18. 18.Riya has ₹2000. In a piggy bank it stays ₹2000. In a bank at 6% simple interest per year, how many rupees more will Riya have after 5 years?
19. 19.Kabir keeps ₹900 in a bank at 8% simple interest per year. How much money will there be after 3 years (in ₹)?
20. 20.Farhan keeps ₹800 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
21. 21.Saanvi keeps ₹500 in a bank. After 2 years the simple interest is ₹50. What is the rate of interest per year (in %)?
22. 22.Farhan keeps ₹1200 in a bank at 5% simple interest per year. How much money will there be after 5 years (in ₹)?
23. 23.Aditya keeps ₹1300 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
24. 24.₹1000 earns 8% simple interest per year. In how many years will the interest be ₹320?
25. 25.Pooja keeps ₹100 in a bank at 10% simple interest per year. How much money will there be after 5 years (in ₹)?
26. 26.Ananya keeps ₹1300 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 4 years?
27. 27.Gurpreet keeps ₹1900 in a bank. After 4 years the simple interest is ₹228. What is the rate of interest per year (in %)?
28. 28.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 3 years?
29. 29.Aarav keeps ₹200 in a bank. After 4 years the simple interest is ₹32. What is the rate of interest per year (in %)?
30. 30.₹1900 earns 2% simple interest per year. In how many years will the interest be ₹76?
31. 31.Diya keeps ₹1200 in a bank. After 2 years the simple interest is ₹240. What is the rate of interest per year (in %)?
32. 32.Isha keeps ₹1300 in a bank. After 3 years the simple interest is ₹117. What is the rate of interest per year (in %)?
33. 33.₹1600 earns 10% simple interest per year. In how many years will the interest be ₹320?
34. 34.Aditya has ₹1400. In a piggy bank it stays ₹1400. In a bank at 7% simple interest per year, how many rupees more will Aditya have after 1 year?
35. 35.Manav keeps ₹500 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
36. 36.Meera has ₹1800. In a piggy bank it stays ₹1800. In a bank at 5% simple interest per year, how many rupees more will Meera have after 2 years?
37. 37.Manav keeps ₹500 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
38. 38.Zoya keeps ₹100 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?
39. 39.Nisha keeps ₹1400 in a bank. After 3 years the simple interest is ₹84. What is the rate of interest per year (in %)?
40. 40.Aditya keeps ₹1900 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 5 years?

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