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Free Grade 3 Simple Interest Flashcards

Free Grade 3 flashcards for Simple Interest: 12 real questions with a full answer key and worked solutions. Per cent means 'out of 100'. Find 10% by dividing by 10 or 1% by dividing by 100, then build up. For an increase or decrease, use a multiplier.

Price

Free

Difficulty

Core

Estimated time

15 min

Total marks

24

Learning objectives

Every objective is checkable, and each one maps to an activity and an assessment.

  • RememberIdentify simple interest

    Identify simple interest accurately in a familiar context.

    Assessed by: Exit ticket of four short items

  • UnderstandExplain simple interest

    Explain simple interest accurately in a familiar context.

    Assessed by: Exit ticket of four short items

  • ApplyCalculate simple interest

    Calculate simple interest accurately in a familiar context.

    Assessed by: Exit ticket of four short items

  • AnalyseCompare simple interest

    Compare simple interest accurately in a familiar context.

    Assessed by: Exit ticket of four short items

Prerequisites

Close these gaps first — each has its own free lesson, worksheet and quiz.

How Simple Interest works

Per cent means 'out of 100'. Find 10% by dividing by 10 or 1% by dividing by 100, then build up. For an increase or decrease, use a multiplier.

Key wordspercentincreasedecreasemultiplierdiscount

12 practice questions

Easy to hard, 24 marks in total. Try them first, then open the answers.

  1. 1.Find 10% of 520.[1]
  2. 2.Find 50% of 160.[1]
  3. 3.Find 75% of 780.[1]
  4. 4.Find 75% of 320.[1]
  5. 5.Find 30% of 580.[2]
  6. 6.Find 5% of 680.[2]
  7. 7.Find 60% of 160.[2]
  8. 8.Find 15% of 380.[2]
  9. 9.Increase $420.00 by 15%.[3]
  10. 10.Increase $800.00 by 15%.[3]
  11. 11.Decrease $540.00 by 5%.[3]
  12. 12.Increase $480.00 by 30%.[3]
Show answers and working
  1. 1. 52

    1% of 520 = 5.2. 10% = 5.2 × 10 = 52.

  2. 2. 80

    1% of 160 = 1.6. 50% = 1.6 × 50 = 80.

  3. 3. 585

    1% of 780 = 7.8. 75% = 7.8 × 75 = 585.

  4. 4. 240

    1% of 320 = 3.2. 75% = 3.2 × 75 = 240.

  5. 5. 174

    1% of 580 = 5.8. 30% = 5.8 × 30 = 174.

  6. 6. 34

    1% of 680 = 6.8. 5% = 6.8 × 5 = 34.

  7. 7. 96

    1% of 160 = 1.6. 60% = 1.6 × 60 = 96.

  8. 8. 57

    1% of 380 = 3.8. 15% = 3.8 × 15 = 57.

  9. 9. $483.00

    Multiplier: 1 + 0.15 = 1.15. 420 × 1.15 = 483.

  10. 10. $920.00

    Multiplier: 1 + 0.15 = 1.15. 800 × 1.15 = 920.

  11. 11. $513.00

    Multiplier: 1 − 0.05 = 0.95. 540 × 0.95 = 513.

  12. 12. $624.00

    Multiplier: 1 + 0.3 = 1.3. 480 × 1.3 = 624.

Worked examples

Easy example

Find 75% of 160.

  1. 1% of 160 = 1.6.
  2. 75% = 1.6 × 75 = 120.
  3. Answer: 120
Medium example

Find 35% of 240.

  1. 1% of 240 = 2.4.
  2. 35% = 2.4 × 35 = 84.
  3. Answer: 84
Hard example

Decrease $380.00 by 12.5%.

  1. Multiplier: 1 − 0.125 = 0.875.
  2. 380 × 0.875 = 332.5.
  3. Answer: $332.50

Interactive practice

Free, no account required — answer on screen or print it.

Common mistakes

What learners typically get wrong, and how to fix it.

  • Finds 10% and stops when asked for a 10% decrease.

    Correction: Subtract the 10% from the original.

  • Thinks a 50% rise then 50% fall returns to the start.

    Correction: The second percentage is of a different amount.

Teacher tips

  • · Teach 10%, 5%, 1% building blocks before multipliers.

Parent tips

  • · Work out the tip at a restaurant together.

Real-life applications

  • · Sales, tips, tax and interest.

Assessment objectives

How mastery is evidenced, and which standards it maps to.

AQA AQA-641.1 — Mapped statement covering Simple Interest.FBISE FBI-943.2 — Mapped statement covering Simple Interest.

Every free resource for Simple Interest

One concept, one ecosystem — all of it free.

Goes deeper

The entities below this one, each with the same complete free resource set.

Sibling concepts

Related concepts

Lateral links, including across subjects.

Next topics

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Frequently asked

Is this Grade 3 Simple Interest flashcards really free?
Yes. Every flashcards on FreeMathWorksheet is free to use, print and share — no account, no paywall and no watermark.
What should a learner already know before this?
Start with Percentage Change, Reverse Percentages, Decimals. Each one has its own free lesson, worksheet and quiz.
How is the flashcards sequenced?
Recognition first, then understanding, application, reasoning and finally mastery — the same ladder used across every free resource on the platform.
What comes next after Simple Interest?
Move on to Compound Interest, Whole Numbers, Counting, Number Recognition, which build directly on this idea.

Related resources

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