← Simple interest lesson New set →

Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 36 · 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).

NameDateTime takenScore ___ / 40
  1. 1.Saanvi keeps ₹1300 in a bank at 6% simple interest per year. How much money will there be after 2 years (in ₹)?
  2. 2.₹300 earns 7% simple interest per year. In how many years will the interest be ₹105?
  3. 3.₹1400 earns 3% simple interest per year. In how many years will the interest be ₹84?
  4. 4.Meera keeps ₹100 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
  5. 5.Lakshmi keeps ₹100 in a bank. After 1 year the simple interest is ₹5. What is the rate of interest per year (in %)?
  6. 6.Vivaan has ₹200. In a piggy bank it stays ₹200. In a bank at 2% simple interest per year, how many rupees more will Vivaan have after 4 years?
  7. 7.Meera has ₹1200. In a piggy bank it stays ₹1200. In a bank at 9% simple interest per year, how many rupees more will Meera have after 2 years?
  8. 8.₹2000 earns 6% simple interest per year. In how many years will the interest be ₹240?
  9. 9.Isha has ₹1100. In a piggy bank it stays ₹1100. In a bank at 3% simple interest per year, how many rupees more will Isha have after 1 year?
  10. 10.Meera keeps ₹100 in a bank. After 4 years the simple interest is ₹12. What is the rate of interest per year (in %)?
  11. 11.Kabir keeps ₹1700 in a bank. After 1 year the simple interest is ₹102. What is the rate of interest per year (in %)?
  12. 12.Rahul has ₹600. In a piggy bank it stays ₹600. In a bank at 5% simple interest per year, how many rupees more will Rahul have after 1 year?
  13. 13.Ananya keeps ₹600 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 5 years?
  14. 14.Joseph keeps ₹1200 in a bank. After 2 years the simple interest is ₹72. What is the rate of interest per year (in %)?
  15. 15.Kavya has ₹2000. In a piggy bank it stays ₹2000. In a bank at 2% simple interest per year, how many rupees more will Kavya have after 1 year?
  16. 16.Karan keeps ₹1600 in a bank. After 5 years the simple interest is ₹560. What is the rate of interest per year (in %)?
  17. 17.Ishaan has ₹300. In a piggy bank it stays ₹300. In a bank at 10% simple interest per year, how many rupees more will Ishaan have after 1 year?
  18. 18.Ishaan keeps ₹2000 in a bank at 3% simple interest per year. How much money will there be after 4 years (in ₹)?
  19. 19.₹300 earns 9% simple interest per year. In how many years will the interest be ₹27?
  20. 20.Isha keeps ₹1800 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 1 year?
  21. 21.₹900 earns 8% simple interest per year. In how many years will the interest be ₹216?
  22. 22.Diya keeps ₹1900 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 5 years?
  23. 23.Meera keeps ₹1700 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 3 years?
  24. 24.Nisha has ₹600. In a piggy bank it stays ₹600. In a bank at 3% simple interest per year, how many rupees more will Nisha have after 3 years?
  25. 25.Saanvi has ₹400. In a piggy bank it stays ₹400. In a bank at 7% simple interest per year, how many rupees more will Saanvi have after 2 years?
  26. 26.Isha keeps ₹1800 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
  27. 27.₹200 earns 4% simple interest per year. In how many years will the interest be ₹32?
  28. 28.Aditya has ₹1800. In a piggy bank it stays ₹1800. In a bank at 3% simple interest per year, how many rupees more will Aditya have after 1 year?
  29. 29.Rohan keeps ₹2000 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 5 years?
  30. 30.Diya has ₹700. In a piggy bank it stays ₹700. In a bank at 4% simple interest per year, how many rupees more will Diya have after 1 year?
  31. 31.Rahul keeps ₹100 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 4 years?
  32. 32.₹100 earns 6% simple interest per year. In how many years will the interest be ₹12?
  33. 33.Isha keeps ₹400 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 4 years?
  34. 34.Aditya keeps ₹1900 in a bank at 6% simple interest per year. How much money will there be after 2 years (in ₹)?
  35. 35.Karan keeps ₹1600 in a bank. After 5 years the simple interest is ₹160. What is the rate of interest per year (in %)?
  36. 36.₹1500 earns 2% simple interest per year. In how many years will the interest be ₹60?
  37. 37.Kavya keeps ₹1500 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
  38. 38.Gurpreet keeps ₹500 in a bank. After 2 years the simple interest is ₹90. What is the rate of interest per year (in %)?
  39. 39.₹1900 earns 2% simple interest per year. In how many years will the interest be ₹76?
  40. 40.Manav keeps ₹200 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?

Answer key

  1. 1456
  2. 5
  3. 2
  4. 2
  5. 5
  6. 16
  7. 216
  8. 2
  9. 33
  10. 3
  11. 6
  12. 30
  13. 300
  14. 3
  15. 40
  16. 7
  17. 30
  18. 2240
  19. 1
  20. 108
  21. 3
  22. 570
  23. 255
  24. 54
  25. 56
  26. 288
  27. 4
  28. 54
  29. 800
  30. 28
  31. 40
  32. 2
  33. 160
  34. 2128
  35. 2
  36. 2
  37. 1560
  38. 9
  39. 2
  40. 8

Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids