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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 85 · 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.Kabir keeps ₹1000 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
  2. 2.Isha has ₹600. In a piggy bank it stays ₹600. In a bank at 9% simple interest per year, how many rupees more will Isha have after 1 year?
  3. 3.Karan keeps ₹1300 in a bank at 8% simple interest per year. How much money will there be after 5 years (in ₹)?
  4. 4.Tara keeps ₹1400 in a bank. After 2 years the simple interest is ₹84. What is the rate of interest per year (in %)?
  5. 5.Gurpreet keeps ₹2000 in a bank at 6% simple interest per year. How much money will there be after 4 years (in ₹)?
  6. 6.Ananya keeps ₹800 in a bank. After 3 years the simple interest is ₹96. What is the rate of interest per year (in %)?
  7. 7.₹1200 earns 2% simple interest per year. In how many years will the interest be ₹24?
  8. 8.Dev keeps ₹500 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
  9. 9.Gurpreet keeps ₹100 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
  10. 10.Rohan keeps ₹500 in a bank. After 3 years the simple interest is ₹60. What is the rate of interest per year (in %)?
  11. 11.Manav keeps ₹800 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 5 years?
  12. 12.Aarav keeps ₹1600 in a bank at 8% simple interest per year. How much money will there be after 1 year (in ₹)?
  13. 13.Karan keeps ₹1900 in a bank. After 5 years the simple interest is ₹190. What is the rate of interest per year (in %)?
  14. 14.₹1100 earns 5% simple interest per year. In how many years will the interest be ₹165?
  15. 15.Lakshmi has ₹600. In a piggy bank it stays ₹600. In a bank at 5% simple interest per year, how many rupees more will Lakshmi have after 2 years?
  16. 16.Kabir keeps ₹600 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 2 years?
  17. 17.Meera has ₹500. In a piggy bank it stays ₹500. In a bank at 9% simple interest per year, how many rupees more will Meera have after 1 year?
  18. 18.Farhan has ₹1300. In a piggy bank it stays ₹1300. In a bank at 10% simple interest per year, how many rupees more will Farhan have after 5 years?
  19. 19.Ananya has ₹900. In a piggy bank it stays ₹900. In a bank at 2% simple interest per year, how many rupees more will Ananya have after 1 year?
  20. 20.Aarav keeps ₹1900 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 5 years?
  21. 21.Riya keeps ₹1900 in a bank at 10% simple interest per year. How much money will there be after 5 years (in ₹)?
  22. 22.₹500 earns 8% simple interest per year. In how many years will the interest be ₹120?
  23. 23.₹1200 earns 6% simple interest per year. In how many years will the interest be ₹288?
  24. 24.Pooja keeps ₹600 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 4 years?
  25. 25.Gurpreet has ₹200. In a piggy bank it stays ₹200. In a bank at 9% simple interest per year, how many rupees more will Gurpreet have after 5 years?
  26. 26.Gurpreet keeps ₹600 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?
  27. 27.Farhan keeps ₹1600 in a bank at 6% simple interest per year. How much money will there be after 5 years (in ₹)?
  28. 28.Aarav keeps ₹600 in a bank at 10% simple interest per year. How much money will there be after 5 years (in ₹)?
  29. 29.Gurpreet has ₹500. In a piggy bank it stays ₹500. In a bank at 7% simple interest per year, how many rupees more will Gurpreet have after 2 years?
  30. 30.Aarav has ₹500. In a piggy bank it stays ₹500. In a bank at 5% simple interest per year, how many rupees more will Aarav have after 1 year?
  31. 31.Joseph keeps ₹2000 in a bank at 5% simple interest per year. How much money will there be after 4 years (in ₹)?
  32. 32.Sneha has ₹500. In a piggy bank it stays ₹500. In a bank at 6% simple interest per year, how many rupees more will Sneha have after 2 years?
  33. 33.Vivaan keeps ₹1300 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 5 years?
  34. 34.₹700 earns 4% simple interest per year. In how many years will the interest be ₹28?
  35. 35.Ananya keeps ₹500 in a bank. After 3 years the simple interest is ₹75. What is the rate of interest per year (in %)?
  36. 36.₹1900 earns 5% simple interest per year. In how many years will the interest be ₹190?
  37. 37.Kavya keeps ₹500 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 2 years?
  38. 38.₹900 earns 2% simple interest per year. In how many years will the interest be ₹18?
  39. 39.Karan has ₹1800. In a piggy bank it stays ₹1800. In a bank at 4% simple interest per year, how many rupees more will Karan have after 5 years?
  40. 40.Vivaan keeps ₹1500 in a bank at 10% simple interest per year. How much money will there be after 3 years (in ₹)?

Answer key

  1. 1160
  2. 54
  3. 1820
  4. 3
  5. 2480
  6. 4
  7. 1
  8. 70
  9. 102
  10. 4
  11. 360
  12. 1728
  13. 2
  14. 3
  15. 60
  16. 60
  17. 45
  18. 650
  19. 18
  20. 950
  21. 2850
  22. 3
  23. 4
  24. 144
  25. 90
  26. 60
  27. 2080
  28. 900
  29. 70
  30. 25
  31. 2400
  32. 60
  33. 520
  34. 1
  35. 5
  36. 2
  37. 70
  38. 1
  39. 360
  40. 1950

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