**Download Simple Interest Worksheets for Class 5**

** **

a) Simple Interest = ₹ 260 , Amount = ₹ 4430

b) Simple Interest = ₹ 330 , Amount = ₹ 4330

c) Simple Interest = ₹ 249 , Amount = ₹ 4260

a) Simple Interest = ₹ 842 , Amount = ₹ 6795

b) Simple Interest = ₹ 790 , Amount = ₹ 6570

c) Simple Interest = ₹ 720 , Amount = ₹ 6720

**Q.3) Find the S.I and Amount on ₹ 5500 for 2 year at 3 % per annum ?**

a) Simple Interest = ₹ 330 , Amount = ₹ 5830

b) Simple Interest = ₹ 230 , Amount = ₹ 5840

c) Simple Interest = ₹ 280 , Amount = ₹ 6130

**Q.4) Rohan borrowed ₹ 15500 from a bank for 2 years at the rate of 3 % per annum. How much interest will he be charged ?**

a) ₹ 1130

b) ₹ 930

c) ₹ 1430

### Simple Interest Worksheets for Class 5 Explanations

**Q.1) Explanation – Simple Interest Worksheets for Class 5**

Principle(P) = Money Borrowed from others or lent to others or invested is called the Principal.

Rate (R) = Percentage , at which interest is charged or received

Time(T) = Time period for which the money is borrowed or lent.

Simple interest (S.I) = Extra money received or paid on principal

Given

Principle(P) = ₹ 4000

(When rate of interest is a fraction, the numerator is written in numerator and the denominator is written in denominator in the formula of S.I )

= 2640/8

= ₹ 330

Hence, Simple Interest = ₹ 330

We know that

Amount = Principle(P) + Simple Interest

Amount = 4000 + 330

= ₹ 4330

So, the Simple Interest is ₹ 330 and the Amount is ₹ 4330

**Correct Answer – b) Simple Interest = ₹ 330 , Amount = ₹ 4330**

**Q.2) Explanation – Simple Interest Worksheets for Class 5**

Principle(P) = Money Borrowed from others or lent to others or invested is called the Principal.

Rate (R) = Percentage , at which interest is charged or received

Time(T) = Time period for which the money is borrowed or lent.

Simple interest (S.I) = Extra money received or paid on principal

Given

Principle(P) = ₹ 6000

Rate (R) = 8 %

= 1440/2

= ₹ 720

Hence, Simple Interest = ₹ 720

We know that

Amount = Principle(P) + Simple Interest

Amount = 6000 + 720

= ₹ 6720

So, the Simple Interest is ₹ 720 and the Amount is ₹ 6720

**Correct Answer – c) Simple Interest = ₹ 720 , Amount = ₹ 6720**

**Q.3) Explanation – Simple Interest Worksheets for Class 5**

Principle(P) = Money Borrowed from others or lent to others or invested is called the Principal.

Rate (R) = Percentage , at which interest is charged or received

Time(T) = Time period for which the money is borrowed or lent.

Simple interest (S.I) = Extra money received or paid on principal

Given

Principle(P) = ₹ 5500

Rate (R) = 3 %

Time(T) = 2 year

As we know that,

Simple Interest = ₹ 33000/100

Simple Interest = ₹ 330

Hence, Simple Interest = ₹ 330

We know that

Amount = Principle(P) + Simple Interest

Amount = 5500 + 330

Amount = ₹ 5830

So, the Simple Interest is ₹ 330 and the Amount is ₹ 5830

**Correct Answer – a) Simple Interest = ₹ 330 , Amount = ₹ 5830**

**Q.4) Explanation – Simple Interest Worksheets for Class 5**

Money borrowed by Rohan = ₹ 15500

Principle(P) = Money Borrowed from others or lent to others is called the Principal.

Principle(P) = ₹ 15500

Rate (R) = 3 %

Time(T) = 2 years

As we know that,

= 93000/100

= ₹ 930

So, interest paid by Rohan = ₹ 930

**Correct Answer – b) ₹ 930**

## Leave a Reply