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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 5 · 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.Zoya keeps ₹900 in a bank at 6% simple interest per year. How much money will there be after 4 years (in ₹)?
  2. 2.Isha keeps ₹900 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 5 years?
  3. 3.Joseph keeps ₹1400 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
  4. 4.Isha has ₹2000. In a piggy bank it stays ₹2000. In a bank at 8% simple interest per year, how many rupees more will Isha have after 1 year?
  5. 5.₹200 earns 6% simple interest per year. In how many years will the interest be ₹24?
  6. 6.Gurpreet keeps ₹900 in a bank at 3% simple interest per year. How much money will there be after 2 years (in ₹)?
  7. 7.Aditya keeps ₹1700 in a bank. After 1 year the simple interest is ₹85. What is the rate of interest per year (in %)?
  8. 8.₹500 earns 10% simple interest per year. In how many years will the interest be ₹100?
  9. 9.Zoya keeps ₹1600 in a bank. After 2 years the simple interest is ₹64. What is the rate of interest per year (in %)?
  10. 10.Diya has ₹1100. In a piggy bank it stays ₹1100. In a bank at 3% simple interest per year, how many rupees more will Diya have after 3 years?
  11. 11.Arjun keeps ₹1500 in a bank at 10% simple interest per year. How much money will there be after 1 year (in ₹)?
  12. 12.₹200 earns 10% simple interest per year. In how many years will the interest be ₹20?
  13. 13.Tara keeps ₹200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 4 years?
  14. 14.Gurpreet keeps ₹400 in a bank. After 1 year the simple interest is ₹12. What is the rate of interest per year (in %)?
  15. 15.Joseph has ₹100. In a piggy bank it stays ₹100. In a bank at 5% simple interest per year, how many rupees more will Joseph have after 1 year?
  16. 16.₹1000 earns 10% simple interest per year. In how many years will the interest be ₹400?
  17. 17.Riya keeps ₹1900 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
  18. 18.₹1700 earns 2% simple interest per year. In how many years will the interest be ₹102?
  19. 19.Kabir has ₹600. In a piggy bank it stays ₹600. In a bank at 6% simple interest per year, how many rupees more will Kabir have after 2 years?
  20. 20.Rohan keeps ₹1900 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
  21. 21.₹2000 earns 3% simple interest per year. In how many years will the interest be ₹180?
  22. 22.₹1900 earns 3% simple interest per year. In how many years will the interest be ₹57?
  23. 23.Riya keeps ₹1800 in a bank. After 3 years the simple interest is ₹486. What is the rate of interest per year (in %)?
  24. 24.Manav keeps ₹1700 in a bank at 8% simple interest per year. How much money will there be after 3 years (in ₹)?
  25. 25.Isha has ₹1400. In a piggy bank it stays ₹1400. In a bank at 5% simple interest per year, how many rupees more will Isha have after 1 year?
  26. 26.Sneha keeps ₹1800 in a bank at 5% simple interest per year. How much money will there be after 2 years (in ₹)?
  27. 27.Ishaan keeps ₹1100 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
  28. 28.₹1800 earns 10% simple interest per year. In how many years will the interest be ₹180?
  29. 29.₹1100 earns 8% simple interest per year. In how many years will the interest be ₹264?
  30. 30.Ananya keeps ₹300 in a bank at 4% simple interest per year. How much money will there be after 5 years (in ₹)?
  31. 31.Aditya keeps ₹1600 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 1 year?
  32. 32.Aarav keeps ₹100 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
  33. 33.Priya keeps ₹1900 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
  34. 34.Saanvi keeps ₹500 in a bank at 10% simple interest per year. How much money will there be after 5 years (in ₹)?
  35. 35.₹1100 earns 5% simple interest per year. In how many years will the interest be ₹275?
  36. 36.Sneha has ₹600. In a piggy bank it stays ₹600. In a bank at 2% simple interest per year, how many rupees more will Sneha have after 2 years?
  37. 37.Karan keeps ₹400 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
  38. 38.Riya keeps ₹800 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 5 years?
  39. 39.Ananya keeps ₹1000 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
  40. 40.Arjun keeps ₹200 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 5 years?

Answer key

  1. 1116
  2. 270
  3. 112
  4. 160
  5. 2
  6. 954
  7. 5
  8. 2
  9. 2
  10. 99
  11. 1650
  12. 1
  13. 24
  14. 3
  15. 5
  16. 4
  17. 114
  18. 3
  19. 72
  20. 57
  21. 3
  22. 1
  23. 9
  24. 2108
  25. 70
  26. 1980
  27. 176
  28. 1
  29. 3
  30. 360
  31. 112
  32. 3
  33. 1976
  34. 750
  35. 5
  36. 24
  37. 120
  38. 320
  39. 1060
  40. 70

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