Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 71 · 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.Gurpreet keeps ₹500 in a bank. After 2 years the simple interest is ₹90. What is the rate of interest per year (in %)?
2. 2.₹1300 earns 2% simple interest per year. In how many years will the interest be ₹26?
3. 3.₹1900 earns 3% simple interest per year. In how many years will the interest be ₹114?
4. 4.Tara has ₹900. In a piggy bank it stays ₹900. In a bank at 4% simple interest per year, how many rupees more will Tara have after 1 year?
5. 5.₹1900 earns 6% simple interest per year. In how many years will the interest be ₹342?
6. 6.₹1000 earns 5% simple interest per year. In how many years will the interest be ₹150?
7. 7.Meera keeps ₹900 in a bank at 10% simple interest per year. How much money will there be after 3 years (in ₹)?
8. 8.₹200 earns 9% simple interest per year. In how many years will the interest be ₹72?
9. 9.Aditya has ₹1300. In a piggy bank it stays ₹1300. In a bank at 2% simple interest per year, how many rupees more will Aditya have after 1 year?
10. 10.Joseph keeps ₹200 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 5 years?
11. 11.Kavya keeps ₹500 in a bank. After 4 years the simple interest is ₹160. What is the rate of interest per year (in %)?
12. 12.Diya keeps ₹300 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
13. 13.Priya keeps ₹1200 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
14. 14.Ananya keeps ₹900 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 3 years?
15. 15.Gurpreet keeps ₹1000 in a bank. After 4 years the simple interest is ₹80. What is the rate of interest per year (in %)?
16. 16.Aarav keeps ₹2000 in a bank. After 5 years the simple interest is ₹500. What is the rate of interest per year (in %)?
17. 17.Ishaan keeps ₹1900 in a bank. After 2 years the simple interest is ₹228. What is the rate of interest per year (in %)?
18. 18.Vivaan keeps ₹900 in a bank. After 4 years the simple interest is ₹108. What is the rate of interest per year (in %)?
19. 19.Arjun keeps ₹100 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
20. 20.Aditya keeps ₹1300 in a bank at 2% simple interest per year. How much money will there be after 4 years (in ₹)?
21. 21.Rohan keeps ₹300 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
22. 22.Arjun has ₹1800. In a piggy bank it stays ₹1800. In a bank at 4% simple interest per year, how many rupees more will Arjun have after 3 years?
23. 23.Nisha keeps ₹100 in a bank. After 1 year the simple interest is ₹8. What is the rate of interest per year (in %)?
24. 24.Tara keeps ₹1300 in a bank. After 1 year the simple interest is ₹26. What is the rate of interest per year (in %)?
25. 25.Ishaan keeps ₹1800 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 3 years?
26. 26.Rohan keeps ₹400 in a bank. After 5 years the simple interest is ₹160. What is the rate of interest per year (in %)?
27. 27.Riya keeps ₹1000 in a bank at 2% simple interest per year. How much money will there be after 2 years (in ₹)?
28. 28.Joseph has ₹200. In a piggy bank it stays ₹200. In a bank at 2% simple interest per year, how many rupees more will Joseph have after 2 years?
29. 29.Sneha keeps ₹700 in a bank. After 4 years the simple interest is ₹224. What is the rate of interest per year (in %)?
30. 30.Diya keeps ₹200 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
31. 31.Nisha keeps ₹1300 in a bank. After 5 years the simple interest is ₹520. What is the rate of interest per year (in %)?
32. 32.Aarav keeps ₹100 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
33. 33.₹900 earns 9% simple interest per year. In how many years will the interest be ₹405?
34. 34.Farhan keeps ₹1600 in a bank at 10% simple interest per year. How much money will there be after 1 year (in ₹)?
35. 35.Vivaan keeps ₹1500 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
36. 36.Ananya keeps ₹400 in a bank. After 2 years the simple interest is ₹16. What is the rate of interest per year (in %)?
37. 37.Saanvi keeps ₹300 in a bank. After 5 years the simple interest is ₹90. What is the rate of interest per year (in %)?
38. 38.Aditya has ₹900. In a piggy bank it stays ₹900. In a bank at 7% simple interest per year, how many rupees more will Aditya have after 5 years?
39. 39.Dev keeps ₹1700 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 2 years?
40. 40.Arjun keeps ₹1300 in a bank. After 2 years the simple interest is ₹104. What is the rate of interest per year (in %)?

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