Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 93 · 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.Diya keeps ₹1000 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 1 year?
2. 2.Farhan keeps ₹1400 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
3. 3.Zoya has ₹800. In a piggy bank it stays ₹800. In a bank at 9% simple interest per year, how many rupees more will Zoya have after 3 years?
4. 4.Diya keeps ₹1400 in a bank at 4% simple interest per year. How much money will there be after 3 years (in ₹)?
5. 5.Rohan keeps ₹200 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
6. 6.Gurpreet has ₹1500. In a piggy bank it stays ₹1500. In a bank at 6% simple interest per year, how many rupees more will Gurpreet have after 4 years?
7. 7.Diya keeps ₹500 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
8. 8.Vivaan keeps ₹700 in a bank. After 5 years the simple interest is ₹280. What is the rate of interest per year (in %)?
9. 9.Diya has ₹600. In a piggy bank it stays ₹600. In a bank at 2% simple interest per year, how many rupees more will Diya have after 5 years?
10. 10.Rahul keeps ₹1200 in a bank at 3% simple interest per year. How much money will there be after 2 years (in ₹)?
11. 11.Aarav keeps ₹300 in a bank at 7% simple interest per year. How many rupees of interest does it earn in 5 years?
12. 12.Isha has ₹200. In a piggy bank it stays ₹200. In a bank at 8% simple interest per year, how many rupees more will Isha have after 2 years?
13. 13.Arjun keeps ₹200 in a bank at 4% simple interest per year. How much money will there be after 2 years (in ₹)?
14. 14.₹200 earns 9% simple interest per year. In how many years will the interest be ₹72?
15. 15.₹1700 earns 3% simple interest per year. In how many years will the interest be ₹204?
16. 16.Kabir has ₹1500. In a piggy bank it stays ₹1500. In a bank at 9% simple interest per year, how many rupees more will Kabir have after 3 years?
17. 17.Manav has ₹1000. In a piggy bank it stays ₹1000. In a bank at 4% simple interest per year, how many rupees more will Manav have after 4 years?
18. 18.₹1800 earns 2% simple interest per year. In how many years will the interest be ₹36?
19. 19.Karan keeps ₹1300 in a bank. After 3 years the simple interest is ₹273. What is the rate of interest per year (in %)?
20. 20.Joseph keeps ₹600 in a bank. After 1 year the simple interest is ₹18. What is the rate of interest per year (in %)?
21. 21.Manav keeps ₹200 in a bank. After 5 years the simple interest is ₹60. What is the rate of interest per year (in %)?
22. 22.Lakshmi has ₹700. In a piggy bank it stays ₹700. In a bank at 4% simple interest per year, how many rupees more will Lakshmi have after 1 year?
23. 23.Kabir keeps ₹1600 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
24. 24.Gurpreet keeps ₹1200 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 2 years?
25. 25.Arjun has ₹1000. In a piggy bank it stays ₹1000. In a bank at 9% simple interest per year, how many rupees more will Arjun have after 5 years?
26. 26.Ananya keeps ₹1100 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
27. 27.Aditya keeps ₹2000 in a bank. After 5 years the simple interest is ₹600. What is the rate of interest per year (in %)?
28. 28.Dev keeps ₹1000 in a bank. After 3 years the simple interest is ₹300. What is the rate of interest per year (in %)?
29. 29.Nisha keeps ₹700 in a bank. After 1 year the simple interest is ₹14. What is the rate of interest per year (in %)?
30. 30.Kabir keeps ₹2000 in a bank at 6% simple interest per year. How much money will there be after 3 years (in ₹)?
31. 31.Nisha keeps ₹1400 in a bank. After 4 years the simple interest is ₹448. What is the rate of interest per year (in %)?
32. 32.Saanvi keeps ₹300 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
33. 33.Lakshmi keeps ₹700 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 3 years?
34. 34.Vivaan keeps ₹400 in a bank. After 3 years the simple interest is ₹36. What is the rate of interest per year (in %)?
35. 35.Saanvi keeps ₹500 in a bank. After 3 years the simple interest is ₹150. What is the rate of interest per year (in %)?
36. 36.Ananya keeps ₹900 in a bank at 2% simple interest per year. How much money will there be after 3 years (in ₹)?
37. 37.Farhan has ₹400. In a piggy bank it stays ₹400. In a bank at 10% simple interest per year, how many rupees more will Farhan have after 4 years?
38. 38.₹700 earns 5% simple interest per year. In how many years will the interest be ₹70?
39. 39.Gurpreet keeps ₹1400 in a bank. After 3 years the simple interest is ₹336. What is the rate of interest per year (in %)?
40. 40.Priya has ₹600. In a piggy bank it stays ₹600. In a bank at 10% simple interest per year, how many rupees more will Priya have after 1 year?

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