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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 84 · 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.Priya keeps ₹300 in a bank at 5% simple interest per year. How much money will there be after 5 years (in ₹)?
  2. 2.Ananya keeps ₹1700 in a bank. After 3 years the simple interest is ₹306. What is the rate of interest per year (in %)?
  3. 3.Diya keeps ₹800 in a bank. After 5 years the simple interest is ₹320. What is the rate of interest per year (in %)?
  4. 4.Gurpreet keeps ₹300 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
  5. 5.Ishaan keeps ₹300 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
  6. 6.Arjun keeps ₹1400 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
  7. 7.Ishaan keeps ₹200 in a bank at 7% simple interest per year. How much money will there be after 3 years (in ₹)?
  8. 8.Priya keeps ₹600 in a bank. After 3 years the simple interest is ₹144. What is the rate of interest per year (in %)?
  9. 9.Kabir keeps ₹1300 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
  10. 10.Tara keeps ₹100 in a bank. After 4 years the simple interest is ₹20. What is the rate of interest per year (in %)?
  11. 11.Ishaan keeps ₹1700 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
  12. 12.Farhan has ₹1900. In a piggy bank it stays ₹1900. In a bank at 9% simple interest per year, how many rupees more will Farhan have after 4 years?
  13. 13.Pooja has ₹700. In a piggy bank it stays ₹700. In a bank at 2% simple interest per year, how many rupees more will Pooja have after 1 year?
  14. 14.Zoya keeps ₹100 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
  15. 15.Sneha keeps ₹1600 in a bank at 7% simple interest per year. How much money will there be after 2 years (in ₹)?
  16. 16.₹1300 earns 6% simple interest per year. In how many years will the interest be ₹312?
  17. 17.Aditya has ₹500. In a piggy bank it stays ₹500. In a bank at 2% simple interest per year, how many rupees more will Aditya have after 4 years?
  18. 18.Manav keeps ₹1600 in a bank at 3% simple interest per year. How much money will there be after 3 years (in ₹)?
  19. 19.₹800 earns 10% simple interest per year. In how many years will the interest be ₹80?
  20. 20.Ananya keeps ₹1400 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
  21. 21.Kavya keeps ₹500 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 4 years?
  22. 22.Ishaan keeps ₹300 in a bank. After 1 year the simple interest is ₹24. What is the rate of interest per year (in %)?
  23. 23.Meera keeps ₹1200 in a bank at 10% simple interest per year. How much money will there be after 3 years (in ₹)?
  24. 24.Lakshmi keeps ₹100 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
  25. 25.₹200 earns 10% simple interest per year. In how many years will the interest be ₹100?
  26. 26.₹1900 earns 3% simple interest per year. In how many years will the interest be ₹57?
  27. 27.Karan keeps ₹1500 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
  28. 28.Joseph has ₹1900. In a piggy bank it stays ₹1900. In a bank at 4% simple interest per year, how many rupees more will Joseph have after 2 years?
  29. 29.Kavya keeps ₹1600 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 2 years?
  30. 30.Dev has ₹1000. In a piggy bank it stays ₹1000. In a bank at 6% simple interest per year, how many rupees more will Dev have after 4 years?
  31. 31.Dev keeps ₹1400 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 2 years?
  32. 32.Sneha keeps ₹2000 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 2 years?
  33. 33.Ananya keeps ₹800 in a bank. After 4 years the simple interest is ₹128. What is the rate of interest per year (in %)?
  34. 34.Rohan has ₹1200. In a piggy bank it stays ₹1200. In a bank at 2% simple interest per year, how many rupees more will Rohan have after 4 years?
  35. 35.Isha keeps ₹500 in a bank at 3% simple interest per year. How much money will there be after 3 years (in ₹)?
  36. 36.Ishaan keeps ₹1700 in a bank. After 5 years the simple interest is ₹850. What is the rate of interest per year (in %)?
  37. 37.Joseph has ₹700. In a piggy bank it stays ₹700. In a bank at 10% simple interest per year, how many rupees more will Joseph have after 2 years?
  38. 38.Ishaan keeps ₹1600 in a bank at 10% simple interest per year. How much money will there be after 5 years (in ₹)?
  39. 39.Vivaan keeps ₹400 in a bank. After 1 year the simple interest is ₹12. What is the rate of interest per year (in %)?
  40. 40.Gurpreet keeps ₹500 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?

Answer key

  1. 375
  2. 6
  3. 8
  4. 324
  5. 324
  6. 1456
  7. 242
  8. 8
  9. 1417
  10. 5
  11. 51
  12. 684
  13. 14
  14. 6
  15. 1824
  16. 4
  17. 40
  18. 1744
  19. 1
  20. 70
  21. 160
  22. 8
  23. 1560
  24. 118
  25. 5
  26. 1
  27. 1545
  28. 152
  29. 288
  30. 240
  31. 252
  32. 200
  33. 4
  34. 96
  35. 545
  36. 10
  37. 140
  38. 2400
  39. 3
  40. 20

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