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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 6 · 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.Joseph keeps ₹1200 in a bank at 7% simple interest per year. How much money will there be after 5 years (in ₹)?
  2. 2.Manav keeps ₹700 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 5 years?
  3. 3.Isha keeps ₹300 in a bank at 5% simple interest per year. How much money will there be after 4 years (in ₹)?
  4. 4.Farhan keeps ₹1500 in a bank. After 3 years the simple interest is ₹360. What is the rate of interest per year (in %)?
  5. 5.Riya has ₹1100. In a piggy bank it stays ₹1100. In a bank at 7% simple interest per year, how many rupees more will Riya have after 3 years?
  6. 6.Lakshmi keeps ₹200 in a bank at 8% simple interest per year. How much money will there be after 3 years (in ₹)?
  7. 7.Kabir keeps ₹600 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 5 years?
  8. 8.Tara keeps ₹700 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 5 years?
  9. 9.₹1000 earns 6% simple interest per year. In how many years will the interest be ₹180?
  10. 10.₹600 earns 4% simple interest per year. In how many years will the interest be ₹72?
  11. 11.Isha has ₹2000. In a piggy bank it stays ₹2000. In a bank at 10% simple interest per year, how many rupees more will Isha have after 1 year?
  12. 12.Kavya keeps ₹500 in a bank at 10% simple interest per year. How much money will there be after 1 year (in ₹)?
  13. 13.Pooja keeps ₹300 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 4 years?
  14. 14.Meera keeps ₹1300 in a bank. After 2 years the simple interest is ₹78. What is the rate of interest per year (in %)?
  15. 15.Isha keeps ₹200 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
  16. 16.Arjun keeps ₹900 in a bank. After 4 years the simple interest is ₹360. What is the rate of interest per year (in %)?
  17. 17.Pooja keeps ₹1700 in a bank. After 1 year the simple interest is ₹119. What is the rate of interest per year (in %)?
  18. 18.Lakshmi keeps ₹200 in a bank. After 1 year the simple interest is ₹12. What is the rate of interest per year (in %)?
  19. 19.Karan keeps ₹1300 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 3 years?
  20. 20.Ishaan keeps ₹300 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 1 year?
  21. 21.Saanvi keeps ₹1600 in a bank. After 4 years the simple interest is ₹512. What is the rate of interest per year (in %)?
  22. 22.Lakshmi keeps ₹1400 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 3 years?
  23. 23.Joseph has ₹500. In a piggy bank it stays ₹500. In a bank at 6% simple interest per year, how many rupees more will Joseph have after 2 years?
  24. 24.Arjun keeps ₹200 in a bank. After 1 year the simple interest is ₹6. What is the rate of interest per year (in %)?
  25. 25.Saanvi keeps ₹1100 in a bank at 2% simple interest per year. How much money will there be after 3 years (in ₹)?
  26. 26.Arjun keeps ₹1500 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
  27. 27.Pooja has ₹1200. In a piggy bank it stays ₹1200. In a bank at 5% simple interest per year, how many rupees more will Pooja have after 2 years?
  28. 28.Aarav has ₹500. In a piggy bank it stays ₹500. In a bank at 7% simple interest per year, how many rupees more will Aarav have after 4 years?
  29. 29.Saanvi has ₹100. In a piggy bank it stays ₹100. In a bank at 5% simple interest per year, how many rupees more will Saanvi have after 5 years?
  30. 30.₹200 earns 7% simple interest per year. In how many years will the interest be ₹28?
  31. 31.Rohan keeps ₹100 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
  32. 32.Rohan keeps ₹1900 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
  33. 33.Zoya keeps ₹400 in a bank at 5% simple interest per year. How much money will there be after 5 years (in ₹)?
  34. 34.Ananya has ₹1800. In a piggy bank it stays ₹1800. In a bank at 2% simple interest per year, how many rupees more will Ananya have after 5 years?
  35. 35.Ishaan keeps ₹1100 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
  36. 36.Farhan keeps ₹700 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
  37. 37.₹1900 earns 2% simple interest per year. In how many years will the interest be ₹190?
  38. 38.₹1000 earns 9% simple interest per year. In how many years will the interest be ₹360?
  39. 39.Vivaan has ₹1700. In a piggy bank it stays ₹1700. In a bank at 2% simple interest per year, how many rupees more will Vivaan have after 1 year?
  40. 40.Pooja keeps ₹900 in a bank at 8% simple interest per year. How much money will there be after 4 years (in ₹)?

Answer key

  1. 1620
  2. 280
  3. 360
  4. 8
  5. 231
  6. 248
  7. 270
  8. 245
  9. 3
  10. 3
  11. 200
  12. 550
  13. 36
  14. 3
  15. 32
  16. 10
  17. 7
  18. 6
  19. 195
  20. 12
  21. 8
  22. 336
  23. 60
  24. 3
  25. 1166
  26. 1560
  27. 120
  28. 140
  29. 25
  30. 2
  31. 2
  32. 1938
  33. 500
  34. 180
  35. 1320
  36. 112
  37. 5
  38. 4
  39. 34
  40. 1188

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