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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 296 · 40 sums
TalentJR

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).

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  1. 1.Vivaan keeps ₹1100 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
  2. 2.Meera has ₹400. In a piggy bank it stays ₹400. In a bank at 4% simple interest per year, how many rupees more will Meera have after 2 years?
  3. 3.Karan keeps ₹2000 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
  4. 4.Riya keeps ₹1500 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 3 years?
  5. 5.Nisha has ₹2000. In a piggy bank it stays ₹2000. In a bank at 7% simple interest per year, how many rupees more will Nisha have after 5 years?
  6. 6.Joseph keeps ₹1700 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 4 years?
  7. 7.Sneha has ₹300. In a piggy bank it stays ₹300. In a bank at 10% simple interest per year, how many rupees more will Sneha have after 4 years?
  8. 8.Vivaan keeps ₹700 in a bank. After 5 years the simple interest is ₹280. What is the rate of interest per year (in %)?
  9. 9.Farhan keeps ₹200 in a bank at 3% simple interest per year. How much money will there be after 3 years (in ₹)?
  10. 10.Karan has ₹300. In a piggy bank it stays ₹300. In a bank at 8% simple interest per year, how many rupees more will Karan have after 4 years?
  11. 11.₹700 earns 10% simple interest per year. In how many years will the interest be ₹350?
  12. 12.Diya keeps ₹2000 in a bank. After 4 years the simple interest is ₹640. What is the rate of interest per year (in %)?
  13. 13.Karan keeps ₹700 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
  14. 14.Isha keeps ₹300 in a bank at 10% simple interest per year. How much money will there be after 1 year (in ₹)?
  15. 15.Aditya keeps ₹1100 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 4 years?
  16. 16.Rohan keeps ₹200 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 5 years?
  17. 17.Nisha keeps ₹800 in a bank. After 1 year the simple interest is ₹24. What is the rate of interest per year (in %)?
  18. 18.Arjun keeps ₹1300 in a bank at 10% simple interest per year. How much money will there be after 4 years (in ₹)?
  19. 19.Farhan keeps ₹700 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
  20. 20.₹300 earns 3% simple interest per year. In how many years will the interest be ₹27?
  21. 21.Rohan has ₹700. In a piggy bank it stays ₹700. In a bank at 10% simple interest per year, how many rupees more will Rohan have after 2 years?
  22. 22.Isha keeps ₹1000 in a bank. After 5 years the simple interest is ₹400. What is the rate of interest per year (in %)?
  23. 23.Diya keeps ₹1900 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
  24. 24.Gurpreet keeps ₹700 in a bank at 6% simple interest per year. How much money will there be after 5 years (in ₹)?
  25. 25.Ananya keeps ₹1000 in a bank. After 2 years the simple interest is ₹200. What is the rate of interest per year (in %)?
  26. 26.Karan keeps ₹700 in a bank. After 3 years the simple interest is ₹105. What is the rate of interest per year (in %)?
  27. 27.Manav keeps ₹100 in a bank at 5% simple interest per year. How much money will there be after 2 years (in ₹)?
  28. 28.Ananya has ₹900. In a piggy bank it stays ₹900. In a bank at 6% simple interest per year, how many rupees more will Ananya have after 5 years?
  29. 29.Meera keeps ₹400 in a bank. After 3 years the simple interest is ₹96. What is the rate of interest per year (in %)?
  30. 30.Aditya keeps ₹2000 in a bank. After 4 years the simple interest is ₹720. What is the rate of interest per year (in %)?
  31. 31.Vivaan has ₹1000. In a piggy bank it stays ₹1000. In a bank at 4% simple interest per year, how many rupees more will Vivaan have after 1 year?
  32. 32.Meera keeps ₹600 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
  33. 33.Kabir keeps ₹1000 in a bank at 9% simple interest per year. How much money will there be after 4 years (in ₹)?
  34. 34.Meera has ₹400. In a piggy bank it stays ₹400. In a bank at 9% simple interest per year, how many rupees more will Meera have after 3 years?
  35. 35.Nisha has ₹900. In a piggy bank it stays ₹900. In a bank at 10% simple interest per year, how many rupees more will Nisha have after 2 years?
  36. 36.Meera keeps ₹900 in a bank. After 1 year the simple interest is ₹63. What is the rate of interest per year (in %)?
  37. 37.Riya has ₹700. In a piggy bank it stays ₹700. In a bank at 10% simple interest per year, how many rupees more will Riya have after 4 years?
  38. 38.₹700 earns 5% simple interest per year. In how many years will the interest be ₹35?
  39. 39.Aarav has ₹500. In a piggy bank it stays ₹500. In a bank at 2% simple interest per year, how many rupees more will Aarav have after 5 years?
  40. 40.Kabir has ₹1200. In a piggy bank it stays ₹1200. In a bank at 2% simple interest per year, how many rupees more will Kabir have after 1 year?

Answer key

  1. 1320
  2. 32
  3. 60
  4. 360
  5. 700
  6. 680
  7. 120
  8. 8
  9. 218
  10. 96
  11. 5
  12. 8
  13. 840
  14. 330
  15. 220
  16. 100
  17. 3
  18. 1820
  19. 721
  20. 3
  21. 140
  22. 8
  23. 1976
  24. 910
  25. 10
  26. 5
  27. 110
  28. 270
  29. 8
  30. 9
  31. 40
  32. 618
  33. 1360
  34. 108
  35. 180
  36. 7
  37. 280
  38. 1
  39. 50
  40. 24

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