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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 94 · 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.Arjun keeps ₹500 in a bank. After 4 years the simple interest is ₹120. What is the rate of interest per year (in %)?
  2. 2.₹200 earns 4% simple interest per year. In how many years will the interest be ₹32?
  3. 3.₹1800 earns 4% simple interest per year. In how many years will the interest be ₹288?
  4. 4.Tara has ₹1200. In a piggy bank it stays ₹1200. In a bank at 8% simple interest per year, how many rupees more will Tara have after 2 years?
  5. 5.Arjun keeps ₹600 in a bank at 5% simple interest per year. How many rupees of interest does it earn in 5 years?
  6. 6.Aarav keeps ₹1800 in a bank. After 3 years the simple interest is ₹324. What is the rate of interest per year (in %)?
  7. 7.Meera has ₹1800. In a piggy bank it stays ₹1800. In a bank at 6% simple interest per year, how many rupees more will Meera have after 5 years?
  8. 8.Arjun has ₹800. In a piggy bank it stays ₹800. In a bank at 8% simple interest per year, how many rupees more will Arjun have after 4 years?
  9. 9.Kabir keeps ₹1100 in a bank. After 5 years the simple interest is ₹440. What is the rate of interest per year (in %)?
  10. 10.Zoya has ₹1600. In a piggy bank it stays ₹1600. In a bank at 3% simple interest per year, how many rupees more will Zoya have after 5 years?
  11. 11.Arjun keeps ₹2000 in a bank. After 1 year the simple interest is ₹40. What is the rate of interest per year (in %)?
  12. 12.Vivaan has ₹200. In a piggy bank it stays ₹200. In a bank at 2% simple interest per year, how many rupees more will Vivaan have after 1 year?
  13. 13.Aarav has ₹900. In a piggy bank it stays ₹900. In a bank at 3% simple interest per year, how many rupees more will Aarav have after 1 year?
  14. 14.Rohan keeps ₹600 in a bank at 5% simple interest per year. How much money will there be after 5 years (in ₹)?
  15. 15.Karan keeps ₹1900 in a bank at 9% simple interest per year. How much money will there be after 1 year (in ₹)?
  16. 16.Diya keeps ₹300 in a bank. After 1 year the simple interest is ₹21. What is the rate of interest per year (in %)?
  17. 17.₹1600 earns 6% simple interest per year. In how many years will the interest be ₹480?
  18. 18.Dev keeps ₹1000 in a bank. After 5 years the simple interest is ₹300. What is the rate of interest per year (in %)?
  19. 19.Isha keeps ₹200 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 1 year?
  20. 20.Pooja has ₹1700. In a piggy bank it stays ₹1700. In a bank at 4% simple interest per year, how many rupees more will Pooja have after 3 years?
  21. 21.Nisha keeps ₹700 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 4 years?
  22. 22.Meera keeps ₹1000 in a bank at 10% simple interest per year. How much money will there be after 2 years (in ₹)?
  23. 23.Priya keeps ₹1500 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 2 years?
  24. 24.Arjun keeps ₹1800 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
  25. 25.₹200 earns 3% simple interest per year. In how many years will the interest be ₹30?
  26. 26.Meera has ₹700. In a piggy bank it stays ₹700. In a bank at 2% simple interest per year, how many rupees more will Meera have after 4 years?
  27. 27.Vivaan keeps ₹1400 in a bank at 8% simple interest per year. How much money will there be after 4 years (in ₹)?
  28. 28.Nisha keeps ₹200 in a bank. After 1 year the simple interest is ₹6. What is the rate of interest per year (in %)?
  29. 29.₹1500 earns 2% simple interest per year. In how many years will the interest be ₹150?
  30. 30.Joseph keeps ₹1000 in a bank at 2% simple interest per year. How much money will there be after 1 year (in ₹)?
  31. 31.Diya keeps ₹1800 in a bank at 3% simple interest per year. How many rupees of interest does it earn in 1 year?
  32. 32.Meera keeps ₹1800 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
  33. 33.Kavya keeps ₹300 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 5 years?
  34. 34.Ananya keeps ₹800 in a bank. After 5 years the simple interest is ₹80. What is the rate of interest per year (in %)?
  35. 35.Vivaan has ₹1100. In a piggy bank it stays ₹1100. In a bank at 6% simple interest per year, how many rupees more will Vivaan have after 2 years?
  36. 36.₹1400 earns 6% simple interest per year. In how many years will the interest be ₹168?
  37. 37.₹2000 earns 2% simple interest per year. In how many years will the interest be ₹120?
  38. 38.Rohan keeps ₹400 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 1 year?
  39. 39.Rahul keeps ₹1100 in a bank at 6% simple interest per year. How much money will there be after 2 years (in ₹)?
  40. 40.Zoya keeps ₹2000 in a bank at 8% simple interest per year. How much money will there be after 3 years (in ₹)?

Answer key

  1. 6
  2. 4
  3. 4
  4. 192
  5. 150
  6. 6
  7. 540
  8. 256
  9. 8
  10. 240
  11. 2
  12. 4
  13. 27
  14. 750
  15. 2071
  16. 7
  17. 5
  18. 6
  19. 8
  20. 204
  21. 280
  22. 1200
  23. 240
  24. 1872
  25. 5
  26. 56
  27. 1848
  28. 3
  29. 5
  30. 1020
  31. 54
  32. 2124
  33. 30
  34. 2
  35. 132
  36. 2
  37. 3
  38. 24
  39. 1232
  40. 2480

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