← Simple interest lesson New set →

Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 91 · 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.Sneha keeps ₹1700 in a bank at 3% simple interest per year. How much money will there be after 4 years (in ₹)?
  2. 2.Gurpreet has ₹400. In a piggy bank it stays ₹400. In a bank at 5% simple interest per year, how many rupees more will Gurpreet have after 1 year?
  3. 3.Kavya has ₹1900. In a piggy bank it stays ₹1900. In a bank at 2% simple interest per year, how many rupees more will Kavya have after 1 year?
  4. 4.Tara keeps ₹300 in a bank. After 4 years the simple interest is ₹72. What is the rate of interest per year (in %)?
  5. 5.Arjun keeps ₹100 in a bank at 10% simple interest per year. How much money will there be after 5 years (in ₹)?
  6. 6.₹600 earns 5% simple interest per year. In how many years will the interest be ₹150?
  7. 7.Ishaan has ₹1100. In a piggy bank it stays ₹1100. In a bank at 4% simple interest per year, how many rupees more will Ishaan have after 3 years?
  8. 8.Arjun keeps ₹500 in a bank. After 2 years the simple interest is ₹80. What is the rate of interest per year (in %)?
  9. 9.₹1000 earns 6% simple interest per year. In how many years will the interest be ₹60?
  10. 10.₹1800 earns 9% simple interest per year. In how many years will the interest be ₹486?
  11. 11.Vivaan has ₹1200. In a piggy bank it stays ₹1200. In a bank at 2% simple interest per year, how many rupees more will Vivaan have after 4 years?
  12. 12.Aditya keeps ₹200 in a bank at 5% simple interest per year. How much money will there be after 5 years (in ₹)?
  13. 13.Rahul keeps ₹500 in a bank at 6% simple interest per year. How much money will there be after 5 years (in ₹)?
  14. 14.Saanvi keeps ₹200 in a bank. After 1 year the simple interest is ₹16. What is the rate of interest per year (in %)?
  15. 15.₹800 earns 5% simple interest per year. In how many years will the interest be ₹120?
  16. 16.Priya keeps ₹1200 in a bank. After 4 years the simple interest is ₹384. What is the rate of interest per year (in %)?
  17. 17.Sneha keeps ₹500 in a bank. After 5 years the simple interest is ₹75. What is the rate of interest per year (in %)?
  18. 18.Vivaan keeps ₹1600 in a bank at 6% simple interest per year. How much money will there be after 3 years (in ₹)?
  19. 19.₹300 earns 7% simple interest per year. In how many years will the interest be ₹105?
  20. 20.Arjun keeps ₹500 in a bank. After 3 years the simple interest is ₹45. What is the rate of interest per year (in %)?
  21. 21.Arjun has ₹1700. In a piggy bank it stays ₹1700. In a bank at 5% simple interest per year, how many rupees more will Arjun have after 1 year?
  22. 22.Farhan keeps ₹600 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 4 years?
  23. 23.Farhan keeps ₹1700 in a bank. After 2 years the simple interest is ₹204. What is the rate of interest per year (in %)?
  24. 24.Ishaan has ₹1100. In a piggy bank it stays ₹1100. In a bank at 9% simple interest per year, how many rupees more will Ishaan have after 4 years?
  25. 25.₹300 earns 4% simple interest per year. In how many years will the interest be ₹60?
  26. 26.Kavya keeps ₹800 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 2 years?
  27. 27.Aarav keeps ₹200 in a bank. After 2 years the simple interest is ₹40. What is the rate of interest per year (in %)?
  28. 28.₹900 earns 2% simple interest per year. In how many years will the interest be ₹54?
  29. 29.Aarav keeps ₹300 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 5 years?
  30. 30.Rohan keeps ₹1900 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
  31. 31.Saanvi keeps ₹100 in a bank. After 4 years the simple interest is ₹24. What is the rate of interest per year (in %)?
  32. 32.Tara keeps ₹200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 4 years?
  33. 33.₹200 earns 3% simple interest per year. In how many years will the interest be ₹30?
  34. 34.Kabir keeps ₹600 in a bank at 7% simple interest per year. How much money will there be after 4 years (in ₹)?
  35. 35.₹100 earns 2% simple interest per year. In how many years will the interest be ₹8?
  36. 36.Lakshmi keeps ₹700 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
  37. 37.Tara keeps ₹1200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 5 years?
  38. 38.₹1000 earns 4% simple interest per year. In how many years will the interest be ₹120?
  39. 39.Vivaan keeps ₹500 in a bank at 7% simple interest per year. How much money will there be after 5 years (in ₹)?
  40. 40.Nisha keeps ₹500 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?

Answer key

  1. 1904
  2. 20
  3. 38
  4. 6
  5. 150
  6. 5
  7. 132
  8. 8
  9. 1
  10. 3
  11. 96
  12. 250
  13. 650
  14. 8
  15. 3
  16. 8
  17. 3
  18. 1888
  19. 5
  20. 3
  21. 85
  22. 96
  23. 6
  24. 396
  25. 5
  26. 144
  27. 10
  28. 3
  29. 75
  30. 38
  31. 6
  32. 24
  33. 5
  34. 768
  35. 4
  36. 42
  37. 180
  38. 3
  39. 675
  40. 510

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