Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 88 · 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.Aditya has ₹1400. In a piggy bank it stays ₹1400. In a bank at 4% simple interest per year, how many rupees more will Aditya have after 5 years?
2. 2.₹1400 earns 6% simple interest per year. In how many years will the interest be ₹168?
3. 3.Lakshmi keeps ₹500 in a bank. After 2 years the simple interest is ₹40. What is the rate of interest per year (in %)?
4. 4.₹400 earns 6% simple interest per year. In how many years will the interest be ₹72?
5. 5.Pooja keeps ₹500 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 4 years?
6. 6.Ishaan keeps ₹100 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 2 years?
7. 7.Nisha keeps ₹1100 in a bank. After 3 years the simple interest is ₹330. What is the rate of interest per year (in %)?
8. 8.Kavya has ₹1800. In a piggy bank it stays ₹1800. In a bank at 7% simple interest per year, how many rupees more will Kavya have after 3 years?
9. 9.Sneha keeps ₹2000 in a bank. After 2 years the simple interest is ₹120. What is the rate of interest per year (in %)?
10. 10.Ananya keeps ₹1800 in a bank at 7% simple interest per year. How much money will there be after 3 years (in ₹)?
11. 11.Ananya keeps ₹1600 in a bank. After 3 years the simple interest is ₹384. What is the rate of interest per year (in %)?
12. 12.Arjun has ₹1700. In a piggy bank it stays ₹1700. In a bank at 3% simple interest per year, how many rupees more will Arjun have after 4 years?
13. 13.Tara has ₹1300. In a piggy bank it stays ₹1300. In a bank at 3% simple interest per year, how many rupees more will Tara have after 5 years?
14. 14.Manav keeps ₹300 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 3 years?
15. 15.₹2000 earns 8% simple interest per year. In how many years will the interest be ₹480?
16. 16.Ananya keeps ₹1900 in a bank at 3% simple interest per year. How much money will there be after 5 years (in ₹)?
17. 17.Joseph has ₹1800. In a piggy bank it stays ₹1800. In a bank at 8% simple interest per year, how many rupees more will Joseph have after 4 years?
18. 18.Farhan keeps ₹2000 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 1 year?
19. 19.Sneha keeps ₹400 in a bank. After 3 years the simple interest is ₹24. What is the rate of interest per year (in %)?
20. 20.Riya has ₹600. In a piggy bank it stays ₹600. In a bank at 3% simple interest per year, how many rupees more will Riya have after 1 year?
21. 21.₹1800 earns 5% simple interest per year. In how many years will the interest be ₹90?
22. 22.Pooja has ₹200. In a piggy bank it stays ₹200. In a bank at 8% simple interest per year, how many rupees more will Pooja have after 5 years?
23. 23.Dev keeps ₹1000 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 5 years?
24. 24.Rahul keeps ₹1400 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
25. 25.Meera keeps ₹700 in a bank. After 1 year the simple interest is ₹14. What is the rate of interest per year (in %)?
26. 26.Lakshmi keeps ₹500 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
27. 27.Gurpreet has ₹1300. In a piggy bank it stays ₹1300. In a bank at 8% simple interest per year, how many rupees more will Gurpreet have after 2 years?
28. 28.Zoya has ₹1700. In a piggy bank it stays ₹1700. In a bank at 2% simple interest per year, how many rupees more will Zoya have after 1 year?
29. 29.₹1200 earns 2% simple interest per year. In how many years will the interest be ₹96?
30. 30.Kavya keeps ₹2000 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
31. 31.Farhan keeps ₹500 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 5 years?
32. 32.Isha keeps ₹400 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 2 years?
33. 33.Ishaan keeps ₹1400 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 4 years?
34. 34.Meera keeps ₹1600 in a bank. After 4 years the simple interest is ₹640. What is the rate of interest per year (in %)?
35. 35.₹1100 earns 4% simple interest per year. In how many years will the interest be ₹220?
36. 36.Lakshmi keeps ₹1100 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 4 years?
37. 37.Meera keeps ₹1200 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 5 years?
38. 38.₹100 earns 2% simple interest per year. In how many years will the interest be ₹4?
39. 39.Ananya has ₹600. In a piggy bank it stays ₹600. In a bank at 5% simple interest per year, how many rupees more will Ananya have after 1 year?
40. 40.₹1900 earns 6% simple interest per year. In how many years will the interest be ₹570?

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