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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 53 · 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).

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  1. 1.Priya keeps ₹600 in a bank at 6% simple interest per year. How much money will there be after 4 years (in ₹)?
  2. 2.Dev has ₹700. In a piggy bank it stays ₹700. In a bank at 6% simple interest per year, how many rupees more will Dev have after 1 year?
  3. 3.Sneha keeps ₹100 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 1 year?
  4. 4.Rahul keeps ₹200 in a bank at 7% simple interest per year. How much money will there be after 4 years (in ₹)?
  5. 5.Arjun keeps ₹600 in a bank at 3% simple interest per year. How much money will there be after 3 years (in ₹)?
  6. 6.Aditya keeps ₹1500 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
  7. 7.Meera has ₹1500. In a piggy bank it stays ₹1500. In a bank at 5% simple interest per year, how many rupees more will Meera have after 2 years?
  8. 8.Joseph keeps ₹100 in a bank at 5% simple interest per year. How much money will there be after 1 year (in ₹)?
  9. 9.Manav keeps ₹400 in a bank. After 5 years the simple interest is ₹120. What is the rate of interest per year (in %)?
  10. 10.Dev keeps ₹1900 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
  11. 11.Rohan has ₹1100. In a piggy bank it stays ₹1100. In a bank at 3% simple interest per year, how many rupees more will Rohan have after 4 years?
  12. 12.Rahul keeps ₹100 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
  13. 13.Rohan keeps ₹200 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 4 years?
  14. 14.Manav has ₹1700. In a piggy bank it stays ₹1700. In a bank at 2% simple interest per year, how many rupees more will Manav have after 3 years?
  15. 15.₹100 earns 7% simple interest per year. In how many years will the interest be ₹21?
  16. 16.Dev keeps ₹400 in a bank. After 2 years the simple interest is ₹56. What is the rate of interest per year (in %)?
  17. 17.Riya has ₹700. In a piggy bank it stays ₹700. In a bank at 10% simple interest per year, how many rupees more will Riya have after 4 years?
  18. 18.Kavya has ₹200. In a piggy bank it stays ₹200. In a bank at 2% simple interest per year, how many rupees more will Kavya have after 1 year?
  19. 19.Vivaan keeps ₹100 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
  20. 20.Ananya keeps ₹1600 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
  21. 21.Ishaan has ₹1700. In a piggy bank it stays ₹1700. In a bank at 8% simple interest per year, how many rupees more will Ishaan have after 4 years?
  22. 22.₹1100 earns 7% simple interest per year. In how many years will the interest be ₹308?
  23. 23.₹300 earns 10% simple interest per year. In how many years will the interest be ₹150?
  24. 24.Joseph has ₹1600. In a piggy bank it stays ₹1600. In a bank at 3% simple interest per year, how many rupees more will Joseph have after 3 years?
  25. 25.Diya has ₹200. In a piggy bank it stays ₹200. In a bank at 2% simple interest per year, how many rupees more will Diya have after 4 years?
  26. 26.Lakshmi keeps ₹900 in a bank. After 4 years the simple interest is ₹72. What is the rate of interest per year (in %)?
  27. 27.Meera keeps ₹400 in a bank. After 5 years the simple interest is ₹40. What is the rate of interest per year (in %)?
  28. 28.₹600 earns 8% simple interest per year. In how many years will the interest be ₹48?
  29. 29.₹1000 earns 4% simple interest per year. In how many years will the interest be ₹200?
  30. 30.Karan has ₹700. In a piggy bank it stays ₹700. In a bank at 3% simple interest per year, how many rupees more will Karan have after 5 years?
  31. 31.Tara has ₹800. In a piggy bank it stays ₹800. In a bank at 9% simple interest per year, how many rupees more will Tara have after 5 years?
  32. 32.Gurpreet keeps ₹2000 in a bank at 7% simple interest per year. How much money will there be after 2 years (in ₹)?
  33. 33.Aarav keeps ₹800 in a bank. After 1 year the simple interest is ₹24. What is the rate of interest per year (in %)?
  34. 34.Diya keeps ₹1300 in a bank at 4% simple interest per year. How much money will there be after 5 years (in ₹)?
  35. 35.Zoya keeps ₹400 in a bank at 2% simple interest per year. How much money will there be after 4 years (in ₹)?
  36. 36.₹600 earns 9% simple interest per year. In how many years will the interest be ₹54?
  37. 37.Nisha keeps ₹1700 in a bank at 7% simple interest per year. How much money will there be after 2 years (in ₹)?
  38. 38.Vivaan keeps ₹1200 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
  39. 39.Saanvi keeps ₹1400 in a bank at 9% simple interest per year. How much money will there be after 3 years (in ₹)?
  40. 40.Ishaan has ₹1900. In a piggy bank it stays ₹1900. In a bank at 6% simple interest per year, how many rupees more will Ishaan have after 2 years?

Answer key

  1. 744
  2. 42
  3. 4
  4. 256
  5. 654
  6. 90
  7. 150
  8. 105
  9. 6
  10. 2052
  11. 132
  12. 118
  13. 32
  14. 102
  15. 3
  16. 7
  17. 280
  18. 4
  19. 104
  20. 1856
  21. 544
  22. 4
  23. 5
  24. 144
  25. 16
  26. 2
  27. 2
  28. 1
  29. 5
  30. 105
  31. 360
  32. 2280
  33. 3
  34. 1560
  35. 432
  36. 1
  37. 1938
  38. 192
  39. 1778
  40. 228

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