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Simple Interest Worksheet for Kids

Money maths lesson 23: Simple interest · Set 97 · 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.₹1100 earns 8% simple interest per year. In how many years will the interest be ₹176?
  2. 2.Joseph keeps ₹500 in a bank at 10% simple interest per year. How much money will there be after 4 years (in ₹)?
  3. 3.₹1800 earns 6% simple interest per year. In how many years will the interest be ₹540?
  4. 4.Zoya has ₹600. In a piggy bank it stays ₹600. In a bank at 2% simple interest per year, how many rupees more will Zoya have after 5 years?
  5. 5.Tara keeps ₹200 in a bank. After 5 years the simple interest is ₹90. What is the rate of interest per year (in %)?
  6. 6.Joseph keeps ₹1300 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
  7. 7.₹1200 earns 7% simple interest per year. In how many years will the interest be ₹336?
  8. 8.Aditya keeps ₹1800 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 1 year?
  9. 9.Aditya keeps ₹200 in a bank at 5% simple interest per year. How much money will there be after 4 years (in ₹)?
  10. 10.Rahul keeps ₹1000 in a bank at 3% simple interest per year. How much money will there be after 3 years (in ₹)?
  11. 11.Aarav keeps ₹1000 in a bank at 3% simple interest per year. How much money will there be after 1 year (in ₹)?
  12. 12.Arjun keeps ₹700 in a bank. After 5 years the simple interest is ₹315. What is the rate of interest per year (in %)?
  13. 13.Aarav keeps ₹200 in a bank at 9% simple interest per year. How many rupees of interest does it earn in 1 year?
  14. 14.₹1700 earns 10% simple interest per year. In how many years will the interest be ₹170?
  15. 15.Arjun keeps ₹1900 in a bank at 6% simple interest per year. How much money will there be after 1 year (in ₹)?
  16. 16.Arjun keeps ₹1800 in a bank at 10% simple interest per year. How much money will there be after 4 years (in ₹)?
  17. 17.Isha keeps ₹1200 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 4 years?
  18. 18.Ishaan keeps ₹100 in a bank. After 5 years the simple interest is ₹45. What is the rate of interest per year (in %)?
  19. 19.Aarav keeps ₹600 in a bank at 4% simple interest per year. How much money will there be after 1 year (in ₹)?
  20. 20.Manav has ₹2000. In a piggy bank it stays ₹2000. In a bank at 2% simple interest per year, how many rupees more will Manav have after 4 years?
  21. 21.Gurpreet keeps ₹1400 in a bank at 8% simple interest per year. How much money will there be after 3 years (in ₹)?
  22. 22.Sneha keeps ₹600 in a bank at 10% simple interest per year. How much money will there be after 3 years (in ₹)?
  23. 23.Farhan keeps ₹200 in a bank at 8% simple interest per year. How much money will there be after 4 years (in ₹)?
  24. 24.Saanvi keeps ₹1600 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
  25. 25.₹1900 earns 7% simple interest per year. In how many years will the interest be ₹133?
  26. 26.Joseph keeps ₹600 in a bank. After 5 years the simple interest is ₹270. What is the rate of interest per year (in %)?
  27. 27.Vivaan keeps ₹600 in a bank at 9% simple interest per year. How much money will there be after 2 years (in ₹)?
  28. 28.₹400 earns 5% simple interest per year. In how many years will the interest be ₹80?
  29. 29.Nisha keeps ₹1400 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 5 years?
  30. 30.₹1100 earns 8% simple interest per year. In how many years will the interest be ₹440?
  31. 31.Joseph keeps ₹1600 in a bank at 10% simple interest per year. How many rupees of interest does it earn in 2 years?
  32. 32.Vivaan keeps ₹1400 in a bank. After 2 years the simple interest is ₹280. What is the rate of interest per year (in %)?
  33. 33.Manav keeps ₹1900 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 1 year?
  34. 34.Rohan keeps ₹1900 in a bank. After 3 years the simple interest is ₹456. What is the rate of interest per year (in %)?
  35. 35.Meera keeps ₹1700 in a bank at 6% simple interest per year. How many rupees of interest does it earn in 1 year?
  36. 36.Manav keeps ₹1300 in a bank at 8% simple interest per year. How many rupees of interest does it earn in 1 year?
  37. 37.Sneha keeps ₹1700 in a bank. After 4 years the simple interest is ₹204. What is the rate of interest per year (in %)?
  38. 38.Tara keeps ₹700 in a bank. After 5 years the simple interest is ₹350. What is the rate of interest per year (in %)?
  39. 39.Saanvi keeps ₹1300 in a bank. After 5 years the simple interest is ₹585. What is the rate of interest per year (in %)?
  40. 40.Diya keeps ₹500 in a bank at 4% simple interest per year. How many rupees of interest does it earn in 3 years?

Answer key

  1. 2
  2. 700
  3. 5
  4. 60
  5. 9
  6. 104
  7. 4
  8. 180
  9. 240
  10. 1090
  11. 1030
  12. 9
  13. 18
  14. 1
  15. 2014
  16. 2520
  17. 96
  18. 9
  19. 624
  20. 160
  21. 1736
  22. 780
  23. 264
  24. 32
  25. 1
  26. 9
  27. 708
  28. 4
  29. 560
  30. 5
  31. 320
  32. 10
  33. 38
  34. 8
  35. 102
  36. 104
  37. 3
  38. 10
  39. 9
  40. 60

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