Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 83 · 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.Dev keeps ₹1300 in a bank. After 5 years the simple interest is ₹195. What is the rate of interest per year (in %)?
2. 2.Ananya keeps ₹1600 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
3. 3.Aarav keeps ₹1700 in a bank at 2% simple interest per year. How much money will there be after 3 years (in ₹)?
4. 4.₹100 earns 8% simple interest per year. In how many years will the interest be ₹8?
5. 5.Joseph keeps ₹300 in a bank. After 2 years the simple interest is ₹60. What is the rate of interest per year (in %)?
6. 6.Meera keeps ₹1600 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 4 years?
7. 7.Lakshmi keeps ₹1500 in a bank at 9% simple interest per year. How much money will there be after 3 years (in ₹)?
8. 8.Gurpreet keeps ₹1200 in a bank. After 4 years the simple interest is ₹288. What is the rate of interest per year (in %)?
9. 9.Sneha keeps ₹800 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
10. 10.Ishaan keeps ₹1500 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 4 years?
11. 11.₹600 earns 9% simple interest per year. In how many years will the interest be ₹108?
12. 12.₹600 earns 2% simple interest per year. In how many years will the interest be ₹24?
13. 13.Rohan keeps ₹1300 in a bank at 3% simple interest per year. How much money will there be after 3 years (in ₹)?
14. 14.Nisha has ₹2000. In a piggy bank it stays ₹2000. In a bank at 4% simple interest per year, how many rupees more will Nisha have after 2 years?
15. 15.₹400 earns 10% simple interest per year. In how many years will the interest be ₹120?
16. 16.Priya keeps ₹1500 in a bank. After 2 years the simple interest is ₹90. What is the rate of interest per year (in %)?
17. 17.Sneha keeps ₹1800 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
18. 18.Arjun keeps ₹1400 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 4 years?
19. 19.Rohan keeps ₹500 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
20. 20.₹1200 earns 2% simple interest per year. In how many years will the interest be ₹24?
21. 21.Kavya has ₹1800. In a piggy bank it stays ₹1800. In a bank at 5% simple interest per year, how many rupees more will Kavya have after 2 years?
22. 22.₹300 earns 9% simple interest per year. In how many years will the interest be ₹108?
23. 23.Vivaan keeps ₹1700 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
24. 24.Zoya keeps ₹600 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
25. 25.₹1400 earns 10% simple interest per year. In how many years will the interest be ₹140?
26. 26.Dev keeps ₹1900 in a bank. After 4 years the simple interest is ₹228. What is the rate of interest per year (in %)?
27. 27.₹2000 earns 7% simple interest per year. In how many years will the interest be ₹280?
28. 28.Diya keeps ₹1000 in a bank at 3% simple interest per year. How much money will there be after 4 years (in ₹)?
29. 29.Isha keeps ₹700 in a bank. After 2 years the simple interest is ₹84. What is the rate of interest per year (in %)?
30. 30.Lakshmi keeps ₹200 in a bank. After 1 year the simple interest is ₹20. What is the rate of interest per year (in %)?
31. 31.Joseph has ₹600. In a piggy bank it stays ₹600. In a bank at 3% simple interest per year, how many rupees more will Joseph have after 2 years?
32. 32.Sneha keeps ₹700 in a bank at 9% simple interest per year. How much money will there be after 4 years (in ₹)?
33. 33.Vivaan keeps ₹1400 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 4 years?
34. 34.Isha has ₹1100. In a piggy bank it stays ₹1100. In a bank at 6% simple interest per year, how many rupees more will Isha have after 3 years?
35. 35.₹1800 earns 5% simple interest per year. In how many years will the interest be ₹90?
36. 36.Rohan keeps ₹1000 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
37. 37.Rohan has ₹1200. In a piggy bank it stays ₹1200. In a bank at 3% simple interest per year, how many rupees more will Rohan have after 2 years?
38. 38.Priya keeps ₹800 in a bank. After 1 year the simple interest is ₹16. What is the rate of interest per year (in %)?
39. 39.Sneha keeps ₹900 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
40. 40.Rahul keeps ₹1000 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?

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