Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 62 · 40 sums

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).

1. 1.Aditya keeps ₹500 in a bank at 9% simple interest per year. How much money will there be after 3 years (in ₹)?
2. 2.₹300 earns 10% simple interest per year. In how many years will the interest be ₹120?
3. 3.Meera keeps ₹1900 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
4. 4.Diya has ₹100. In a piggy bank it stays ₹100. In a bank at 3% simple interest per year, how many rupees more will Diya have after 1 year?
5. 5.Saanvi keeps ₹1700 in a bank at 6% simple interest per year. How much money will there be after 2 years (in ₹)?
6. 6.Gurpreet keeps ₹1300 in a bank. After 3 years the simple interest is ₹156. What is the rate of interest per year (in %)?
7. 7.Rahul has ₹1100. In a piggy bank it stays ₹1100. In a bank at 8% simple interest per year, how many rupees more will Rahul have after 4 years?
8. 8.Saanvi keeps ₹1600 in a bank. After 3 years the simple interest is ₹288. What is the rate of interest per year (in %)?
9. 9.₹1200 earns 6% simple interest per year. In how many years will the interest be ₹216?
10. 10.Sneha has ₹2000. In a piggy bank it stays ₹2000. In a bank at 9% simple interest per year, how many rupees more will Sneha have after 1 year?
11. 11.Aarav keeps ₹1800 in a bank at 5% simple interest per year. How much money will there be after 4 years (in ₹)?
12. 12.Ishaan keeps ₹900 in a bank at 10% simple interest per year. How much money will there be after 3 years (in ₹)?
13. 13.Karan keeps ₹1100 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
14. 14.Sneha keeps ₹700 in a bank. After 1 year the simple interest is ₹63. What is the rate of interest per year (in %)?
15. 15.Kavya keeps ₹1400 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
16. 16.Isha keeps ₹1700 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
17. 17.Priya has ₹600. In a piggy bank it stays ₹600. In a bank at 7% simple interest per year, how many rupees more will Priya have after 4 years?
18. 18.Manav keeps ₹1800 in a bank at 3% simple interest per year. How much money will there be after 2 years (in ₹)?
19. 19.Kavya keeps ₹400 in a bank. After 3 years the simple interest is ₹108. What is the rate of interest per year (in %)?
20. 20.Meera keeps ₹1300 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
21. 21.Manav has ₹200. In a piggy bank it stays ₹200. In a bank at 7% simple interest per year, how many rupees more will Manav have after 2 years?
22. 22.Arjun has ₹1700. In a piggy bank it stays ₹1700. In a bank at 2% simple interest per year, how many rupees more will Arjun have after 1 year?
23. 23.Riya keeps ₹1100 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
24. 24.Lakshmi has ₹100. In a piggy bank it stays ₹100. In a bank at 5% simple interest per year, how many rupees more will Lakshmi have after 4 years?
25. 25.₹300 earns 9% simple interest per year. In how many years will the interest be ₹27?
26. 26.Rohan keeps ₹1500 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 4 years?
27. 27.₹600 earns 4% simple interest per year. In how many years will the interest be ₹24?
28. 28.Riya keeps ₹1300 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
29. 29.Ananya keeps ₹1000 in a bank at 8% simple interest per year. How much money will there be after 1 year (in ₹)?
30. 30.₹1400 earns 2% simple interest per year. In how many years will the interest be ₹112?
31. 31.Riya keeps ₹200 in a bank at 5% simple interest per year. How much money will there be after 5 years (in ₹)?
32. 32.₹600 earns 5% simple interest per year. In how many years will the interest be ₹60?
33. 33.Ananya keeps ₹1600 in a bank. After 1 year the simple interest is ₹64. What is the rate of interest per year (in %)?
34. 34.₹1300 earns 5% simple interest per year. In how many years will the interest be ₹65?
35. 35.Vivaan keeps ₹400 in a bank. After 1 year the simple interest is ₹40. What is the rate of interest per year (in %)?
36. 36.₹900 earns 8% simple interest per year. In how many years will the interest be ₹216?
37. 37.Ishaan has ₹1200. In a piggy bank it stays ₹1200. In a bank at 3% simple interest per year, how many rupees more will Ishaan have after 5 years?
38. 38.Vivaan keeps ₹300 in a bank at 2% simple interest per year. How much money will there be after 3 years (in ₹)?
39. 39.Pooja has ₹600. In a piggy bank it stays ₹600. In a bank at 3% simple interest per year, how many rupees more will Pooja have after 3 years?
40. 40.₹1400 earns 6% simple interest per year. In how many years will the interest be ₹168?

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