Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 9 · 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.Tara keeps ₹400 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 1 year?
2. 2.Rohan keeps ₹1400 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 4 years?
3. 3.Riya keeps ₹300 in a bank at 4% simple interest per year. How much money will there be after 5 years (in ₹)?
4. 4.Aarav keeps ₹1000 in a bank. After 1 year the simple interest is ₹20. What is the rate of interest per year (in %)?
5. 5.Manav keeps ₹500 in a bank at 5% simple interest per year. How much money will there be after 1 year (in ₹)?
6. 6.Kavya has ₹400. In a piggy bank it stays ₹400. In a bank at 10% simple interest per year, how many rupees more will Kavya have after 3 years?
7. 7.Sneha keeps ₹1700 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 1 year?
8. 8.Rahul has ₹1500. In a piggy bank it stays ₹1500. In a bank at 4% simple interest per year, how many rupees more will Rahul have after 4 years?
9. 9.Arjun has ₹300. In a piggy bank it stays ₹300. In a bank at 5% simple interest per year, how many rupees more will Arjun have after 1 year?
10. 10.₹200 earns 5% simple interest per year. In how many years will the interest be ₹30?
11. 11.Manav keeps ₹100 in a bank. After 1 year the simple interest is ₹6. What is the rate of interest per year (in %)?
12. 12.Rahul keeps ₹300 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 4 years?
13. 13.Lakshmi keeps ₹1600 in a bank at 5% simple interest per year. How much money will there be after 5 years (in ₹)?
14. 14.Ishaan keeps ₹1700 in a bank. After 1 year the simple interest is ₹68. What is the rate of interest per year (in %)?
15. 15.Joseph has ₹1300. In a piggy bank it stays ₹1300. In a bank at 2% simple interest per year, how many rupees more will Joseph have after 5 years?
16. 16.₹1700 earns 5% simple interest per year. In how many years will the interest be ₹170?
17. 17.Farhan keeps ₹900 in a bank. After 1 year the simple interest is ₹27. What is the rate of interest per year (in %)?
18. 18.Gurpreet keeps ₹1600 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 3 years?
19. 19.Lakshmi keeps ₹200 in a bank. After 1 year the simple interest is ₹10. What is the rate of interest per year (in %)?
20. 20.₹1500 earns 8% simple interest per year. In how many years will the interest be ₹120?
21. 21.Diya has ₹100. In a piggy bank it stays ₹100. In a bank at 3% simple interest per year, how many rupees more will Diya have after 4 years?
22. 22.Arjun has ₹1100. In a piggy bank it stays ₹1100. In a bank at 8% simple interest per year, how many rupees more will Arjun have after 3 years?
23. 23.Zoya keeps ₹800 in a bank. After 1 year the simple interest is ₹32. What is the rate of interest per year (in %)?
24. 24.Arjun keeps ₹500 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
25. 25.₹800 earns 9% simple interest per year. In how many years will the interest be ₹216?
26. 26.Ishaan keeps ₹1700 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?
27. 27.Meera keeps ₹200 in a bank at 6% simple interest per year. How much money will there be after 4 years (in ₹)?
28. 28.₹1100 earns 10% simple interest per year. In how many years will the interest be ₹550?
29. 29.Farhan keeps ₹400 in a bank. After 1 year the simple interest is ₹32. What is the rate of interest per year (in %)?
30. 30.Vivaan keeps ₹1700 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?
31. 31.Aarav keeps ₹600 in a bank. After 2 years the simple interest is ₹60. What is the rate of interest per year (in %)?
32. 32.Pooja keeps ₹1000 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
33. 33.₹100 earns 8% simple interest per year. In how many years will the interest be ₹16?
34. 34.Manav has ₹800. In a piggy bank it stays ₹800. In a bank at 7% simple interest per year, how many rupees more will Manav have after 2 years?
35. 35.Aarav keeps ₹200 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 5 years?
36. 36.Sneha has ₹300. In a piggy bank it stays ₹300. In a bank at 3% simple interest per year, how many rupees more will Sneha have after 1 year?
37. 37.Meera keeps ₹2000 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 3 years?
38. 38.Manav keeps ₹1600 in a bank. After 2 years the simple interest is ₹320. What is the rate of interest per year (in %)?
39. 39.Farhan keeps ₹1700 in a bank at 8% simple interest per year. How much money will there be after 3 years (in ₹)?
40. 40.Joseph has ₹300. In a piggy bank it stays ₹300. In a bank at 8% simple interest per year, how many rupees more will Joseph have after 4 years?

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