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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 80 · 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.₹1100 earns 10% simple interest per year. In how many years will the interest be ₹110?
  2. 2.Rohan keeps ₹1400 in a bank at 5% simple interest per year. How much money will there be after 2 years (in ₹)?
  3. 3.Saanvi has ₹100. In a piggy bank it stays ₹100. In a bank at 8% simple interest per year, how many rupees more will Saanvi have after 5 years?
  4. 4.₹700 earns 4% simple interest per year. In how many years will the interest be ₹112?
  5. 5.Vivaan has ₹1300. In a piggy bank it stays ₹1300. In a bank at 8% simple interest per year, how many rupees more will Vivaan have after 1 year?
  6. 6.Kabir keeps ₹1900 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 2 years?
  7. 7.Dev has ₹1600. In a piggy bank it stays ₹1600. In a bank at 4% simple interest per year, how many rupees more will Dev have after 2 years?
  8. 8.₹1200 earns 4% simple interest per year. In how many years will the interest be ₹96?
  9. 9.Priya keeps ₹100 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 2 years?
  10. 10.Ananya keeps ₹1900 in a bank. After 1 year the simple interest is ₹95. What is the rate of interest per year (in %)?
  11. 11.Aarav keeps ₹200 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
  12. 12.Rahul keeps ₹1800 in a bank at 10% simple interest per year. How much money will there be after 1 year (in ₹)?
  13. 13.Sneha keeps ₹900 in a bank. After 2 years the simple interest is ₹90. What is the rate of interest per year (in %)?
  14. 14.₹1600 earns 2% simple interest per year. In how many years will the interest be ₹32?
  15. 15.Joseph has ₹600. In a piggy bank it stays ₹600. In a bank at 4% simple interest per year, how many rupees more will Joseph have after 1 year?
  16. 16.Ishaan keeps ₹1800 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 3 years?
  17. 17.Aditya has ₹700. In a piggy bank it stays ₹700. In a bank at 8% simple interest per year, how many rupees more will Aditya have after 5 years?
  18. 18.Lakshmi keeps ₹800 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 4 years?
  19. 19.Rohan keeps ₹500 in a bank at 7% simple interest per year. How much money will there be after 5 years (in ₹)?
  20. 20.₹2000 earns 9% simple interest per year. In how many years will the interest be ₹720?
  21. 21.Nisha keeps ₹500 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
  22. 22.₹200 earns 4% simple interest per year. In how many years will the interest be ₹24?
  23. 23.Sneha has ₹700. In a piggy bank it stays ₹700. In a bank at 7% simple interest per year, how many rupees more will Sneha have after 2 years?
  24. 24.Sneha keeps ₹1900 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 4 years?
  25. 25.Priya keeps ₹1500 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
  26. 26.Joseph keeps ₹1200 in a bank. After 2 years the simple interest is ₹192. What is the rate of interest per year (in %)?
  27. 27.Farhan keeps ₹100 in a bank. After 4 years the simple interest is ₹8. What is the rate of interest per year (in %)?
  28. 28.₹900 earns 3% simple interest per year. In how many years will the interest be ₹27?
  29. 29.Farhan keeps ₹1300 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
  30. 30.Nisha keeps ₹2000 in a bank at 10% simple interest per year. How much money will there be after 5 years (in ₹)?
  31. 31.Manav keeps ₹1600 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
  32. 32.Ishaan keeps ₹1200 in a bank. After 2 years the simple interest is ₹96. What is the rate of interest per year (in %)?
  33. 33.Nisha keeps ₹1900 in a bank at 10% simple interest per year. How much money will there be after 4 years (in ₹)?
  34. 34.Priya keeps ₹800 in a bank. After 4 years the simple interest is ₹256. What is the rate of interest per year (in %)?
  35. 35.Isha has ₹1400. In a piggy bank it stays ₹1400. In a bank at 8% simple interest per year, how many rupees more will Isha have after 2 years?
  36. 36.Saanvi has ₹1000. In a piggy bank it stays ₹1000. In a bank at 9% simple interest per year, how many rupees more will Saanvi have after 2 years?
  37. 37.Rohan keeps ₹1800 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
  38. 38.Diya keeps ₹500 in a bank at 9% simple interest per year. How much money will there be after 5 years (in ₹)?
  39. 39.Ananya keeps ₹1500 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
  40. 40.Meera has ₹900. In a piggy bank it stays ₹900. In a bank at 6% simple interest per year, how many rupees more will Meera have after 3 years?

Answer key

  1. 1
  2. 1540
  3. 40
  4. 4
  5. 104
  6. 152
  7. 128
  8. 2
  9. 10
  10. 5
  11. 20
  12. 1980
  13. 5
  14. 1
  15. 24
  16. 162
  17. 280
  18. 288
  19. 675
  20. 4
  21. 515
  22. 3
  23. 98
  24. 608
  25. 60
  26. 8
  27. 2
  28. 1
  29. 78
  30. 3000
  31. 1744
  32. 4
  33. 2660
  34. 8
  35. 224
  36. 180
  37. 2160
  38. 725
  39. 1620
  40. 162

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