← Simple interest lesson New set →

Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 7 · 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.Ananya keeps ₹900 in a bank at 8% simple interest per year. How much money will there be after 5 years (in ₹)?
  2. 2.₹1100 earns 4% simple interest per year. In how many years will the interest be ₹220?
  3. 3.Rohan keeps ₹1500 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
  4. 4.Farhan has ₹600. In a piggy bank it stays ₹600. In a bank at 9% simple interest per year, how many rupees more will Farhan have after 3 years?
  5. 5.Tara keeps ₹100 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 5 years?
  6. 6.Priya keeps ₹1700 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 3 years?
  7. 7.Rahul keeps ₹1400 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
  8. 8.Manav has ₹300. In a piggy bank it stays ₹300. In a bank at 7% simple interest per year, how many rupees more will Manav have after 1 year?
  9. 9.Ananya keeps ₹1800 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
  10. 10.Pooja keeps ₹1300 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 5 years?
  11. 11.Riya keeps ₹1100 in a bank at 9% simple interest per year. How much money will there be after 3 years (in ₹)?
  12. 12.Rahul keeps ₹1300 in a bank at 6% simple interest per year. How much money will there be after 5 years (in ₹)?
  13. 13.Gurpreet keeps ₹1300 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
  14. 14.Rahul keeps ₹400 in a bank. After 4 years the simple interest is ₹48. What is the rate of interest per year (in %)?
  15. 15.Kavya keeps ₹1800 in a bank at 9% simple interest per year. How much money will there be after 3 years (in ₹)?
  16. 16.Dev keeps ₹1400 in a bank at 5% simple interest per year. How much money will there be after 5 years (in ₹)?
  17. 17.Lakshmi keeps ₹300 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
  18. 18.Dev keeps ₹1700 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
  19. 19.Riya keeps ₹700 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
  20. 20.Sneha has ₹500. In a piggy bank it stays ₹500. In a bank at 6% simple interest per year, how many rupees more will Sneha have after 3 years?
  21. 21.Sneha has ₹2000. In a piggy bank it stays ₹2000. In a bank at 2% simple interest per year, how many rupees more will Sneha have after 3 years?
  22. 22.Rohan has ₹1300. In a piggy bank it stays ₹1300. In a bank at 2% simple interest per year, how many rupees more will Rohan have after 5 years?
  23. 23.Karan keeps ₹2000 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
  24. 24.Riya keeps ₹300 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
  25. 25.Kavya keeps ₹1900 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 2 years?
  26. 26.Dev has ₹900. In a piggy bank it stays ₹900. In a bank at 5% simple interest per year, how many rupees more will Dev have after 1 year?
  27. 27.Pooja has ₹1100. In a piggy bank it stays ₹1100. In a bank at 8% simple interest per year, how many rupees more will Pooja have after 4 years?
  28. 28.Farhan keeps ₹400 in a bank. After 2 years the simple interest is ₹80. What is the rate of interest per year (in %)?
  29. 29.Zoya keeps ₹500 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?
  30. 30.Manav has ₹600. In a piggy bank it stays ₹600. In a bank at 10% simple interest per year, how many rupees more will Manav have after 5 years?
  31. 31.₹1700 earns 3% simple interest per year. In how many years will the interest be ₹51?
  32. 32.Arjun keeps ₹500 in a bank at 8% simple interest per year. How much money will there be after 2 years (in ₹)?
  33. 33.Rohan keeps ₹400 in a bank. After 2 years the simple interest is ₹48. What is the rate of interest per year (in %)?
  34. 34.Arjun keeps ₹1700 in a bank at 5% simple interest per year. How much money will there be after 5 years (in ₹)?
  35. 35.₹1300 earns 5% simple interest per year. In how many years will the interest be ₹325?
  36. 36.Zoya has ₹1300. In a piggy bank it stays ₹1300. In a bank at 7% simple interest per year, how many rupees more will Zoya have after 4 years?
  37. 37.Manav keeps ₹100 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 5 years?
  38. 38.₹1900 earns 4% simple interest per year. In how many years will the interest be ₹228?
  39. 39.Rohan has ₹100. In a piggy bank it stays ₹100. In a bank at 9% simple interest per year, how many rupees more will Rohan have after 5 years?
  40. 40.Pooja keeps ₹1900 in a bank. After 1 year the simple interest is ₹114. What is the rate of interest per year (in %)?

Answer key

  1. 1260
  2. 5
  3. 135
  4. 162
  5. 50
  6. 408
  7. 126
  8. 21
  9. 54
  10. 260
  11. 1397
  12. 1690
  13. 26
  14. 3
  15. 2286
  16. 1750
  17. 24
  18. 136
  19. 42
  20. 90
  21. 120
  22. 130
  23. 420
  24. 18
  25. 152
  26. 45
  27. 352
  28. 10
  29. 50
  30. 300
  31. 1
  32. 580
  33. 6
  34. 2125
  35. 5
  36. 364
  37. 35
  38. 3
  39. 45
  40. 6

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