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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 90 · 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).

NameDateTime takenScore ___ / 40
  1. 1.Joseph keeps ₹200 in a bank. After 1 year the simple interest is ₹14. What is the rate of interest per year (in %)?
  2. 2.₹600 earns 8% simple interest per year. In how many years will the interest be ₹96?
  3. 3.Meera keeps ₹1400 in a bank. After 4 years the simple interest is ₹224. What is the rate of interest per year (in %)?
  4. 4.Rohan keeps ₹1900 in a bank at 9% simple interest per year. How much money will there be after 4 years (in ₹)?
  5. 5.Rahul has ₹600. In a piggy bank it stays ₹600. In a bank at 6% simple interest per year, how many rupees more will Rahul have after 2 years?
  6. 6.Isha keeps ₹1100 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 4 years?
  7. 7.Karan keeps ₹1500 in a bank. After 5 years the simple interest is ₹675. What is the rate of interest per year (in %)?
  8. 8.Zoya keeps ₹700 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
  9. 9.Rohan has ₹600. In a piggy bank it stays ₹600. In a bank at 4% simple interest per year, how many rupees more will Rohan have after 1 year?
  10. 10.Nisha keeps ₹1500 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
  11. 11.Aarav has ₹200. In a piggy bank it stays ₹200. In a bank at 9% simple interest per year, how many rupees more will Aarav have after 3 years?
  12. 12.Nisha keeps ₹2000 in a bank. After 2 years the simple interest is ₹120. What is the rate of interest per year (in %)?
  13. 13.Aditya has ₹1100. In a piggy bank it stays ₹1100. In a bank at 2% simple interest per year, how many rupees more will Aditya have after 3 years?
  14. 14.Dev keeps ₹900 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 3 years?
  15. 15.₹1700 earns 2% simple interest per year. In how many years will the interest be ₹34?
  16. 16.Zoya keeps ₹900 in a bank. After 5 years the simple interest is ₹225. What is the rate of interest per year (in %)?
  17. 17.Gurpreet keeps ₹600 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 1 year?
  18. 18.Aditya has ₹800. In a piggy bank it stays ₹800. In a bank at 2% simple interest per year, how many rupees more will Aditya have after 2 years?
  19. 19.Manav keeps ₹600 in a bank. After 2 years the simple interest is ₹24. What is the rate of interest per year (in %)?
  20. 20.₹400 earns 8% simple interest per year. In how many years will the interest be ₹32?
  21. 21.Meera has ₹600. In a piggy bank it stays ₹600. In a bank at 10% simple interest per year, how many rupees more will Meera have after 3 years?
  22. 22.Pooja keeps ₹100 in a bank at 8% simple interest per year. How much money will there be after 3 years (in ₹)?
  23. 23.Farhan has ₹600. In a piggy bank it stays ₹600. In a bank at 2% simple interest per year, how many rupees more will Farhan have after 3 years?
  24. 24.Aditya keeps ₹1100 in a bank. After 4 years the simple interest is ₹220. What is the rate of interest per year (in %)?
  25. 25.₹1400 earns 3% simple interest per year. In how many years will the interest be ₹168?
  26. 26.Nisha keeps ₹1400 in a bank at 7% simple interest per year. How much money will there be after 5 years (in ₹)?
  27. 27.Meera keeps ₹800 in a bank. After 2 years the simple interest is ₹96. What is the rate of interest per year (in %)?
  28. 28.Aarav keeps ₹500 in a bank. After 1 year the simple interest is ₹15. What is the rate of interest per year (in %)?
  29. 29.Isha keeps ₹1300 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
  30. 30.Pooja keeps ₹900 in a bank at 4% simple interest per year. How much money will there be after 4 years (in ₹)?
  31. 31.Aditya keeps ₹1600 in a bank at 7% simple interest per year. How much money will there be after 2 years (in ₹)?
  32. 32.Nisha keeps ₹1100 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 4 years?
  33. 33.Nisha has ₹2000. In a piggy bank it stays ₹2000. In a bank at 8% simple interest per year, how many rupees more will Nisha have after 3 years?
  34. 34.Arjun keeps ₹1800 in a bank. After 2 years the simple interest is ₹144. What is the rate of interest per year (in %)?
  35. 35.Vivaan has ₹1600. In a piggy bank it stays ₹1600. In a bank at 4% simple interest per year, how many rupees more will Vivaan have after 2 years?
  36. 36.Nisha keeps ₹1300 in a bank. After 3 years the simple interest is ₹390. What is the rate of interest per year (in %)?
  37. 37.Priya keeps ₹400 in a bank at 7% simple interest per year. How much money will there be after 2 years (in ₹)?
  38. 38.Rohan keeps ₹1900 in a bank. After 5 years the simple interest is ₹570. What is the rate of interest per year (in %)?
  39. 39.Karan keeps ₹1500 in a bank. After 3 years the simple interest is ₹135. What is the rate of interest per year (in %)?
  40. 40.Kabir keeps ₹700 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 2 years?

Answer key

  1. 7
  2. 2
  3. 4
  4. 2584
  5. 72
  6. 220
  7. 9
  8. 826
  9. 24
  10. 30
  11. 54
  12. 3
  13. 66
  14. 216
  15. 1
  16. 5
  17. 30
  18. 32
  19. 2
  20. 1
  21. 180
  22. 124
  23. 36
  24. 5
  25. 4
  26. 1890
  27. 6
  28. 3
  29. 1378
  30. 1044
  31. 1824
  32. 396
  33. 480
  34. 4
  35. 128
  36. 10
  37. 456
  38. 6
  39. 3
  40. 140

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