Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 42 · 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.Farhan keeps ₹800 in a bank. After 2 years the simple interest is ₹160. What is the rate of interest per year (in %)?
2. 2.Pooja keeps ₹300 in a bank. After 1 year the simple interest is ₹24. What is the rate of interest per year (in %)?
3. 3.Sneha has ₹500. In a piggy bank it stays ₹500. In a bank at 6% simple interest per year, how many rupees more will Sneha have after 2 years?
4. 4.Arjun has ₹300. In a piggy bank it stays ₹300. In a bank at 5% simple interest per year, how many rupees more will Arjun have after 3 years?
5. 5.₹500 earns 10% simple interest per year. In how many years will the interest be ₹50?
6. 6.Isha keeps ₹400 in a bank at 7% simple interest per year. How much money will there be after 2 years (in ₹)?
7. 7.Dev keeps ₹100 in a bank at 5% simple interest per year. How much money will there be after 3 years (in ₹)?
8. 8.Riya has ₹800. In a piggy bank it stays ₹800. In a bank at 4% simple interest per year, how many rupees more will Riya have after 5 years?
9. 9.Pooja keeps ₹600 in a bank. After 5 years the simple interest is ₹150. What is the rate of interest per year (in %)?
10. 10.Kavya keeps ₹200 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 2 years?
11. 11.Zoya keeps ₹1600 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 4 years?
12. 12.₹2000 earns 4% simple interest per year. In how many years will the interest be ₹80?
13. 13.₹1300 earns 10% simple interest per year. In how many years will the interest be ₹520?
14. 14.Gurpreet keeps ₹100 in a bank. After 5 years the simple interest is ₹50. What is the rate of interest per year (in %)?
15. 15.₹1100 earns 6% simple interest per year. In how many years will the interest be ₹198?
16. 16.Zoya keeps ₹1600 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
17. 17.Ananya keeps ₹100 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
18. 18.Meera keeps ₹400 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
19. 19.Ananya keeps ₹1400 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 1 year?
20. 20.Kavya has ₹1700. In a piggy bank it stays ₹1700. In a bank at 5% simple interest per year, how many rupees more will Kavya have after 1 year?
21. 21.Rahul has ₹300. In a piggy bank it stays ₹300. In a bank at 4% simple interest per year, how many rupees more will Rahul have after 5 years?
22. 22.₹300 earns 8% simple interest per year. In how many years will the interest be ₹96?
23. 23.Ishaan keeps ₹1600 in a bank at 6% simple interest per year. How much money will there be after 4 years (in ₹)?
24. 24.₹300 earns 10% simple interest per year. In how many years will the interest be ₹30?
25. 25.₹400 earns 3% simple interest per year. In how many years will the interest be ₹60?
26. 26.Karan keeps ₹1000 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
27. 27.Joseph keeps ₹1600 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 4 years?
28. 28.Sneha keeps ₹900 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?
29. 29.₹2000 earns 2% simple interest per year. In how many years will the interest be ₹120?
30. 30.Gurpreet keeps ₹1100 in a bank at 9% simple interest per year. How much money will there be after 5 years (in ₹)?
31. 31.Lakshmi has ₹800. In a piggy bank it stays ₹800. In a bank at 8% simple interest per year, how many rupees more will Lakshmi have after 5 years?
32. 32.Kavya has ₹1300. In a piggy bank it stays ₹1300. In a bank at 3% simple interest per year, how many rupees more will Kavya have after 4 years?
33. 33.₹700 earns 4% simple interest per year. In how many years will the interest be ₹56?
34. 34.Aditya keeps ₹100 in a bank at 2% simple interest per year. How much money will there be after 4 years (in ₹)?
35. 35.Isha keeps ₹800 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 5 years?
36. 36.Joseph keeps ₹200 in a bank at 9% simple interest per year. How much money will there be after 4 years (in ₹)?
37. 37.Ananya keeps ₹700 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
38. 38.Aarav has ₹300. In a piggy bank it stays ₹300. In a bank at 10% simple interest per year, how many rupees more will Aarav have after 2 years?
39. 39.Ishaan keeps ₹1800 in a bank at 5% simple interest per year. How much money will there be after 5 years (in ₹)?
40. 40.₹1100 earns 5% simple interest per year. In how many years will the interest be ₹275?

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