Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 89 · 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.Karan keeps ₹500 in a bank. After 3 years the simple interest is ₹135. What is the rate of interest per year (in %)?
2. 2.Aditya keeps ₹1000 in a bank. After 4 years the simple interest is ₹80. What is the rate of interest per year (in %)?
3. 3.₹300 earns 5% simple interest per year. In how many years will the interest be ₹60?
4. 4.Sneha keeps ₹2000 in a bank. After 4 years the simple interest is ₹800. What is the rate of interest per year (in %)?
5. 5.₹1200 earns 10% simple interest per year. In how many years will the interest be ₹480?
6. 6.Zoya keeps ₹900 in a bank. After 2 years the simple interest is ₹54. What is the rate of interest per year (in %)?
7. 7.Ananya keeps ₹300 in a bank. After 1 year the simple interest is ₹12. What is the rate of interest per year (in %)?
8. 8.Kabir keeps ₹800 in a bank. After 4 years the simple interest is ₹256. What is the rate of interest per year (in %)?
9. 9.₹1600 earns 3% simple interest per year. In how many years will the interest be ₹144?
10. 10.Isha keeps ₹1600 in a bank at 3% simple interest per year. How much money will there be after 2 years (in ₹)?
11. 11.Nisha has ₹1900. In a piggy bank it stays ₹1900. In a bank at 7% simple interest per year, how many rupees more will Nisha have after 1 year?
12. 12.Ishaan keeps ₹100 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 5 years?
13. 13.Rohan keeps ₹300 in a bank at 5% simple interest per year. How much money will there be after 5 years (in ₹)?
14. 14.Priya keeps ₹1700 in a bank at 3% simple interest per year. How much money will there be after 5 years (in ₹)?
15. 15.Aarav keeps ₹1300 in a bank. After 4 years the simple interest is ₹468. What is the rate of interest per year (in %)?
16. 16.Saanvi has ₹200. In a piggy bank it stays ₹200. In a bank at 4% simple interest per year, how many rupees more will Saanvi have after 3 years?
17. 17.Aarav keeps ₹1200 in a bank at 6% simple interest per year. How much money will there be after 4 years (in ₹)?
18. 18.Meera keeps ₹1900 in a bank. After 1 year the simple interest is ₹76. What is the rate of interest per year (in %)?
19. 19.Arjun keeps ₹800 in a bank at 5% simple interest per year. How much money will there be after 2 years (in ₹)?
20. 20.Farhan keeps ₹600 in a bank at 3% simple interest per year. How much money will there be after 3 years (in ₹)?
21. 21.Joseph keeps ₹600 in a bank. After 2 years the simple interest is ₹72. What is the rate of interest per year (in %)?
22. 22.Riya keeps ₹1600 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
23. 23.Joseph has ₹1000. In a piggy bank it stays ₹1000. In a bank at 8% simple interest per year, how many rupees more will Joseph have after 2 years?
24. 24.Riya keeps ₹1300 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 3 years?
25. 25.Joseph keeps ₹2000 in a bank at 3% simple interest per year. How much money will there be after 2 years (in ₹)?
26. 26.Meera keeps ₹900 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
27. 27.₹1000 earns 6% simple interest per year. In how many years will the interest be ₹240?
28. 28.Diya keeps ₹1700 in a bank. After 2 years the simple interest is ₹272. What is the rate of interest per year (in %)?
29. 29.Diya keeps ₹900 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
30. 30.Tara keeps ₹1700 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 5 years?
31. 31.₹200 earns 6% simple interest per year. In how many years will the interest be ₹12?
32. 32.₹300 earns 6% simple interest per year. In how many years will the interest be ₹90?
33. 33.Diya keeps ₹1800 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
34. 34.Saanvi keeps ₹1500 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
35. 35.Vivaan keeps ₹1600 in a bank. After 3 years the simple interest is ₹240. What is the rate of interest per year (in %)?
36. 36.Kabir has ₹100. In a piggy bank it stays ₹100. In a bank at 5% simple interest per year, how many rupees more will Kabir have after 5 years?
37. 37.₹1200 earns 3% simple interest per year. In how many years will the interest be ₹36?
38. 38.Gurpreet keeps ₹1500 in a bank at 3% simple interest per year. How much money will there be after 3 years (in ₹)?
39. 39.Aditya keeps ₹400 in a bank at 2% simple interest per year. How much money will there be after 4 years (in ₹)?
40. 40.₹800 earns 4% simple interest per year. In how many years will the interest be ₹96?

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