← Simple interest lesson New set →

Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 81 · 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.₹1100 earns 10% simple interest per year. In how many years will the interest be ₹110?
  2. 2.Lakshmi keeps ₹1600 in a bank. After 4 years the simple interest is ₹256. What is the rate of interest per year (in %)?
  3. 3.₹200 earns 2% simple interest per year. In how many years will the interest be ₹4?
  4. 4.Meera keeps ₹2000 in a bank at 2% simple interest per year. How much money will there be after 4 years (in ₹)?
  5. 5.Aditya keeps ₹100 in a bank. After 1 year the simple interest is ₹2. What is the rate of interest per year (in %)?
  6. 6.Priya keeps ₹300 in a bank. After 3 years the simple interest is ₹81. What is the rate of interest per year (in %)?
  7. 7.Manav has ₹800. In a piggy bank it stays ₹800. In a bank at 10% simple interest per year, how many rupees more will Manav have after 5 years?
  8. 8.Ananya keeps ₹1900 in a bank at 3% simple interest per year. How much money will there be after 4 years (in ₹)?
  9. 9.Joseph has ₹700. In a piggy bank it stays ₹700. In a bank at 5% simple interest per year, how many rupees more will Joseph have after 3 years?
  10. 10.Aditya keeps ₹700 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
  11. 11.₹1600 earns 2% simple interest per year. In how many years will the interest be ₹128?
  12. 12.Farhan keeps ₹300 in a bank. After 1 year the simple interest is ₹6. What is the rate of interest per year (in %)?
  13. 13.Dev keeps ₹700 in a bank at 5% simple interest per year. How much money will there be after 1 year (in ₹)?
  14. 14.₹200 earns 6% simple interest per year. In how many years will the interest be ₹12?
  15. 15.Aarav keeps ₹100 in a bank. After 3 years the simple interest is ₹15. What is the rate of interest per year (in %)?
  16. 16.Lakshmi has ₹1900. In a piggy bank it stays ₹1900. In a bank at 5% simple interest per year, how many rupees more will Lakshmi have after 4 years?
  17. 17.Kabir keeps ₹1800 in a bank at 3% simple interest per year. How much money will there be after 2 years (in ₹)?
  18. 18.Tara has ₹100. In a piggy bank it stays ₹100. In a bank at 4% simple interest per year, how many rupees more will Tara have after 2 years?
  19. 19.₹900 earns 10% simple interest per year. In how many years will the interest be ₹360?
  20. 20.Meera has ₹600. In a piggy bank it stays ₹600. In a bank at 2% simple interest per year, how many rupees more will Meera have after 1 year?
  21. 21.Dev keeps ₹400 in a bank. After 3 years the simple interest is ₹60. What is the rate of interest per year (in %)?
  22. 22.₹1200 earns 10% simple interest per year. In how many years will the interest be ₹360?
  23. 23.Manav keeps ₹1600 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 2 years?
  24. 24.Aditya keeps ₹200 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 4 years?
  25. 25.Sneha has ₹500. In a piggy bank it stays ₹500. In a bank at 5% simple interest per year, how many rupees more will Sneha have after 3 years?
  26. 26.Ananya has ₹800. In a piggy bank it stays ₹800. In a bank at 9% simple interest per year, how many rupees more will Ananya have after 3 years?
  27. 27.Kabir keeps ₹1400 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?
  28. 28.Lakshmi keeps ₹1700 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
  29. 29.Nisha keeps ₹1700 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 1 year?
  30. 30.Sneha keeps ₹400 in a bank. After 1 year the simple interest is ₹20. What is the rate of interest per year (in %)?
  31. 31.₹900 earns 8% simple interest per year. In how many years will the interest be ₹144?
  32. 32.Karan keeps ₹600 in a bank. After 1 year the simple interest is ₹36. What is the rate of interest per year (in %)?
  33. 33.Gurpreet keeps ₹1400 in a bank at 2% simple interest per year. How much money will there be after 3 years (in ₹)?
  34. 34.₹100 earns 8% simple interest per year. In how many years will the interest be ₹8?
  35. 35.Isha keeps ₹1200 in a bank. After 2 years the simple interest is ₹96. What is the rate of interest per year (in %)?
  36. 36.₹1300 earns 10% simple interest per year. In how many years will the interest be ₹520?
  37. 37.Tara keeps ₹1100 in a bank. After 3 years the simple interest is ₹66. What is the rate of interest per year (in %)?
  38. 38.Joseph keeps ₹600 in a bank at 7% simple interest per year. How much money will there be after 3 years (in ₹)?
  39. 39.Tara keeps ₹300 in a bank. After 2 years the simple interest is ₹42. What is the rate of interest per year (in %)?
  40. 40.Rohan keeps ₹1200 in a bank. After 1 year the simple interest is ₹72. What is the rate of interest per year (in %)?

Answer key

  1. 1
  2. 4
  3. 1
  4. 2160
  5. 2
  6. 9
  7. 400
  8. 2128
  9. 105
  10. 742
  11. 4
  12. 2
  13. 735
  14. 1
  15. 5
  16. 380
  17. 1908
  18. 8
  19. 4
  20. 12
  21. 5
  22. 3
  23. 320
  24. 48
  25. 75
  26. 216
  27. 140
  28. 1853
  29. 68
  30. 5
  31. 2
  32. 6
  33. 1484
  34. 1
  35. 4
  36. 4
  37. 2
  38. 726
  39. 7
  40. 6

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