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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 43 · 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.Pooja keeps ₹200 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 5 years?
  2. 2.Rohan keeps ₹400 in a bank at 6% simple interest per year. How much money will there be after 2 years (in ₹)?
  3. 3.Kabir keeps ₹800 in a bank. After 4 years the simple interest is ₹96. What is the rate of interest per year (in %)?
  4. 4.Diya keeps ₹1900 in a bank. After 3 years the simple interest is ₹513. What is the rate of interest per year (in %)?
  5. 5.Sneha keeps ₹1600 in a bank. After 3 years the simple interest is ₹96. What is the rate of interest per year (in %)?
  6. 6.₹300 earns 9% simple interest per year. In how many years will the interest be ₹54?
  7. 7.₹600 earns 2% simple interest per year. In how many years will the interest be ₹48?
  8. 8.Rahul keeps ₹1200 in a bank at 3% simple interest per year. How much money will there be after 2 years (in ₹)?
  9. 9.Lakshmi keeps ₹300 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 1 year?
  10. 10.Arjun keeps ₹1400 in a bank. After 1 year the simple interest is ₹70. What is the rate of interest per year (in %)?
  11. 11.Meera has ₹500. In a piggy bank it stays ₹500. In a bank at 8% simple interest per year, how many rupees more will Meera have after 4 years?
  12. 12.Rohan keeps ₹300 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 4 years?
  13. 13.Ishaan has ₹1000. In a piggy bank it stays ₹1000. In a bank at 5% simple interest per year, how many rupees more will Ishaan have after 4 years?
  14. 14.Rohan has ₹1500. In a piggy bank it stays ₹1500. In a bank at 8% simple interest per year, how many rupees more will Rohan have after 3 years?
  15. 15.Aarav keeps ₹900 in a bank at 8% simple interest per year. How much money will there be after 2 years (in ₹)?
  16. 16.Pooja keeps ₹300 in a bank. After 4 years the simple interest is ₹48. What is the rate of interest per year (in %)?
  17. 17.Rohan has ₹1400. In a piggy bank it stays ₹1400. In a bank at 3% simple interest per year, how many rupees more will Rohan have after 2 years?
  18. 18.Joseph keeps ₹1000 in a bank at 7% simple interest per year. How much money will there be after 1 year (in ₹)?
  19. 19.Karan keeps ₹1900 in a bank at 8% simple interest per year. How much money will there be after 5 years (in ₹)?
  20. 20.Farhan has ₹1100. In a piggy bank it stays ₹1100. In a bank at 8% simple interest per year, how many rupees more will Farhan have after 2 years?
  21. 21.Zoya keeps ₹300 in a bank at 7% simple interest per year. How much money will there be after 1 year (in ₹)?
  22. 22.Dev keeps ₹1900 in a bank. After 3 years the simple interest is ₹171. What is the rate of interest per year (in %)?
  23. 23.₹1200 earns 3% simple interest per year. In how many years will the interest be ₹144?
  24. 24.₹1400 earns 2% simple interest per year. In how many years will the interest be ₹84?
  25. 25.₹600 earns 10% simple interest per year. In how many years will the interest be ₹120?
  26. 26.Lakshmi has ₹400. In a piggy bank it stays ₹400. In a bank at 10% simple interest per year, how many rupees more will Lakshmi have after 3 years?
  27. 27.Zoya keeps ₹600 in a bank. After 3 years the simple interest is ₹36. What is the rate of interest per year (in %)?
  28. 28.Kabir keeps ₹1100 in a bank at 8% simple interest per year. How much money will there be after 5 years (in ₹)?
  29. 29.Sneha keeps ₹1900 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
  30. 30.Ishaan keeps ₹800 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
  31. 31.Farhan keeps ₹900 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
  32. 32.Aditya keeps ₹1000 in a bank. After 5 years the simple interest is ₹300. What is the rate of interest per year (in %)?
  33. 33.Ishaan keeps ₹1900 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 1 year?
  34. 34.₹1400 earns 9% simple interest per year. In how many years will the interest be ₹252?
  35. 35.Vivaan keeps ₹700 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
  36. 36.₹300 earns 9% simple interest per year. In how many years will the interest be ₹27?
  37. 37.₹300 earns 8% simple interest per year. In how many years will the interest be ₹120?
  38. 38.Karan keeps ₹1900 in a bank. After 5 years the simple interest is ₹855. What is the rate of interest per year (in %)?
  39. 39.Tara keeps ₹200 in a bank. After 3 years the simple interest is ₹12. What is the rate of interest per year (in %)?
  40. 40.Lakshmi has ₹200. In a piggy bank it stays ₹200. In a bank at 10% simple interest per year, how many rupees more will Lakshmi have after 4 years?

Answer key

  1. 90
  2. 448
  3. 3
  4. 9
  5. 2
  6. 2
  7. 4
  8. 1272
  9. 27
  10. 5
  11. 160
  12. 48
  13. 200
  14. 360
  15. 1044
  16. 4
  17. 84
  18. 1070
  19. 2660
  20. 176
  21. 321
  22. 3
  23. 4
  24. 3
  25. 2
  26. 120
  27. 2
  28. 1540
  29. 152
  30. 872
  31. 54
  32. 6
  33. 171
  34. 2
  35. 98
  36. 1
  37. 5
  38. 9
  39. 2
  40. 80

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