← Simple interest lesson New set →

Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 49 · 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.₹1000 earns 10% simple interest per year. In how many years will the interest be ₹200?
  2. 2.Farhan keeps ₹1400 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
  3. 3.Ananya keeps ₹1000 in a bank at 7% simple interest per year. How much money will there be after 3 years (in ₹)?
  4. 4.Vivaan keeps ₹1100 in a bank. After 2 years the simple interest is ₹132. What is the rate of interest per year (in %)?
  5. 5.Priya has ₹400. In a piggy bank it stays ₹400. In a bank at 7% simple interest per year, how many rupees more will Priya have after 3 years?
  6. 6.Lakshmi keeps ₹600 in a bank at 10% simple interest per year. How much money will there be after 1 year (in ₹)?
  7. 7.Aditya keeps ₹1600 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
  8. 8.Arjun keeps ₹1300 in a bank. After 4 years the simple interest is ₹416. What is the rate of interest per year (in %)?
  9. 9.Aarav keeps ₹1100 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 2 years?
  10. 10.₹2000 earns 4% simple interest per year. In how many years will the interest be ₹320?
  11. 11.Kavya has ₹1400. In a piggy bank it stays ₹1400. In a bank at 7% simple interest per year, how many rupees more will Kavya have after 2 years?
  12. 12.Joseph keeps ₹1100 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 5 years?
  13. 13.Lakshmi keeps ₹1100 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
  14. 14.Aarav keeps ₹300 in a bank at 3% simple interest per year. How much money will there be after 3 years (in ₹)?
  15. 15.Vivaan keeps ₹100 in a bank at 8% simple interest per year. How much money will there be after 1 year (in ₹)?
  16. 16.Aarav has ₹1700. In a piggy bank it stays ₹1700. In a bank at 3% simple interest per year, how many rupees more will Aarav have after 2 years?
  17. 17.Riya keeps ₹2000 in a bank. After 4 years the simple interest is ₹560. What is the rate of interest per year (in %)?
  18. 18.Diya has ₹1200. In a piggy bank it stays ₹1200. In a bank at 3% simple interest per year, how many rupees more will Diya have after 1 year?
  19. 19.Ananya keeps ₹1300 in a bank at 7% simple interest per year. How much money will there be after 5 years (in ₹)?
  20. 20.₹800 earns 8% simple interest per year. In how many years will the interest be ₹192?
  21. 21.Sneha keeps ₹900 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
  22. 22.Vivaan keeps ₹700 in a bank at 3% simple interest per year. How much money will there be after 2 years (in ₹)?
  23. 23.Priya keeps ₹300 in a bank at 6% simple interest per year. How much money will there be after 3 years (in ₹)?
  24. 24.Priya keeps ₹1200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
  25. 25.Joseph keeps ₹500 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
  26. 26.Meera keeps ₹1400 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
  27. 27.Joseph keeps ₹300 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 4 years?
  28. 28.Dev keeps ₹1700 in a bank. After 3 years the simple interest is ₹459. What is the rate of interest per year (in %)?
  29. 29.Kabir keeps ₹100 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 4 years?
  30. 30.Aarav keeps ₹100 in a bank. After 2 years the simple interest is ₹10. What is the rate of interest per year (in %)?
  31. 31.₹200 earns 5% simple interest per year. In how many years will the interest be ₹20?
  32. 32.Diya keeps ₹300 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 2 years?
  33. 33.Tara keeps ₹1900 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 1 year?
  34. 34.Pooja keeps ₹1100 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 5 years?
  35. 35.Karan has ₹1200. In a piggy bank it stays ₹1200. In a bank at 10% simple interest per year, how many rupees more will Karan have after 5 years?
  36. 36.₹900 earns 4% simple interest per year. In how many years will the interest be ₹180?
  37. 37.Arjun has ₹200. In a piggy bank it stays ₹200. In a bank at 4% simple interest per year, how many rupees more will Arjun have after 3 years?
  38. 38.Saanvi keeps ₹400 in a bank. After 5 years the simple interest is ₹60. What is the rate of interest per year (in %)?
  39. 39.Riya keeps ₹800 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 5 years?
  40. 40.Joseph has ₹800. In a piggy bank it stays ₹800. In a bank at 2% simple interest per year, how many rupees more will Joseph have after 4 years?

Answer key

  1. 2
  2. 420
  3. 1210
  4. 6
  5. 84
  6. 660
  7. 64
  8. 8
  9. 220
  10. 4
  11. 196
  12. 220
  13. 1133
  14. 327
  15. 108
  16. 102
  17. 7
  18. 36
  19. 1755
  20. 3
  21. 81
  22. 742
  23. 354
  24. 108
  25. 80
  26. 1526
  27. 48
  28. 9
  29. 28
  30. 5
  31. 2
  32. 30
  33. 114
  34. 495
  35. 600
  36. 5
  37. 24
  38. 3
  39. 200
  40. 64

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