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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 65 · 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.₹300 earns 9% simple interest per year. In how many years will the interest be ₹54?
  2. 2.Dev keeps ₹1200 in a bank. After 2 years the simple interest is ₹144. What is the rate of interest per year (in %)?
  3. 3.Zoya keeps ₹800 in a bank at 5% simple interest per year. How much money will there be after 4 years (in ₹)?
  4. 4.Priya keeps ₹1800 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 3 years?
  5. 5.Kavya keeps ₹200 in a bank at 5% simple interest per year. How much money will there be after 2 years (in ₹)?
  6. 6.₹600 earns 10% simple interest per year. In how many years will the interest be ₹180?
  7. 7.Meera has ₹600. In a piggy bank it stays ₹600. In a bank at 6% simple interest per year, how many rupees more will Meera have after 1 year?
  8. 8.₹1600 earns 3% simple interest per year. In how many years will the interest be ₹144?
  9. 9.Farhan keeps ₹100 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 3 years?
  10. 10.₹400 earns 8% simple interest per year. In how many years will the interest be ₹128?
  11. 11.Aarav keeps ₹500 in a bank at 5% simple interest per year. How much money will there be after 1 year (in ₹)?
  12. 12.Riya keeps ₹900 in a bank at 8% simple interest per year. How much money will there be after 2 years (in ₹)?
  13. 13.₹1400 earns 6% simple interest per year. In how many years will the interest be ₹168?
  14. 14.Pooja keeps ₹100 in a bank. After 2 years the simple interest is ₹18. What is the rate of interest per year (in %)?
  15. 15.₹1300 earns 3% simple interest per year. In how many years will the interest be ₹195?
  16. 16.Zoya keeps ₹400 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 5 years?
  17. 17.Isha keeps ₹1600 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
  18. 18.Manav keeps ₹700 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
  19. 19.₹1400 earns 5% simple interest per year. In how many years will the interest be ₹70?
  20. 20.Rahul has ₹1000. In a piggy bank it stays ₹1000. In a bank at 4% simple interest per year, how many rupees more will Rahul have after 5 years?
  21. 21.Rohan keeps ₹1400 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 2 years?
  22. 22.Dev keeps ₹200 in a bank. After 2 years the simple interest is ₹36. What is the rate of interest per year (in %)?
  23. 23.Manav keeps ₹500 in a bank at 8% simple interest per year. How much money will there be after 3 years (in ₹)?
  24. 24.₹900 earns 4% simple interest per year. In how many years will the interest be ₹144?
  25. 25.₹500 earns 4% simple interest per year. In how many years will the interest be ₹20?
  26. 26.₹200 earns 9% simple interest per year. In how many years will the interest be ₹36?
  27. 27.Riya keeps ₹1100 in a bank at 7% simple interest per year. How much money will there be after 2 years (in ₹)?
  28. 28.Rohan keeps ₹1400 in a bank at 7% simple interest per year. How much money will there be after 3 years (in ₹)?
  29. 29.Priya keeps ₹800 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 5 years?
  30. 30.Isha keeps ₹600 in a bank. After 5 years the simple interest is ₹120. What is the rate of interest per year (in %)?
  31. 31.₹1400 earns 3% simple interest per year. In how many years will the interest be ₹84?
  32. 32.Ananya has ₹1400. In a piggy bank it stays ₹1400. In a bank at 7% simple interest per year, how many rupees more will Ananya have after 3 years?
  33. 33.Tara keeps ₹1900 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
  34. 34.₹300 earns 8% simple interest per year. In how many years will the interest be ₹120?
  35. 35.Meera keeps ₹100 in a bank. After 2 years the simple interest is ₹14. What is the rate of interest per year (in %)?
  36. 36.₹600 earns 9% simple interest per year. In how many years will the interest be ₹162?
  37. 37.Aditya keeps ₹1900 in a bank at 8% simple interest per year. How much money will there be after 1 year (in ₹)?
  38. 38.Lakshmi keeps ₹1100 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
  39. 39.Joseph keeps ₹1200 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 5 years?
  40. 40.Ananya keeps ₹400 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?

Answer key

  1. 2
  2. 6
  3. 960
  4. 324
  5. 220
  6. 3
  7. 36
  8. 3
  9. 27
  10. 4
  11. 525
  12. 1044
  13. 2
  14. 9
  15. 5
  16. 160
  17. 80
  18. 840
  19. 1
  20. 200
  21. 168
  22. 9
  23. 620
  24. 4
  25. 1
  26. 2
  27. 1254
  28. 1694
  29. 200
  30. 4
  31. 2
  32. 294
  33. 2071
  34. 5
  35. 7
  36. 3
  37. 2052
  38. 154
  39. 360
  40. 120

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