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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 100 · 40 questions
TalentJR

How to work it out (P × R × T over 100): Simple interest SI = P × R × T ÷ 100 (P = money kept, R = rate % a year, T = years). Amount = P + SI. Rate R = SI × 100 ÷ (P × T); time T = SI × 100 ÷ (P × R).

NameDateTime takenScore ___ / 40
  1. 1.₹500 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  2. 2.₹2000 earns ₹720 simple interest at 9% a year. For how many years was it kept?
  3. 3.Rohan keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  4. 4.Meera keeps ₹4000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  5. 5.₹500 earns ₹30 simple interest in 2 years. What is the rate of interest per year, in percent?
  6. 6.Isha keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Isha get in 1 year?
  7. 7.₹2000 earns ₹720 simple interest in 3 years. What is the rate of interest per year, in percent?
  8. 8.₹500 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  9. 9.₹5000 earns ₹1200 simple interest at 12% a year. For how many years was it kept?
  10. 10.Aarav keeps ₹4000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  11. 11.₹500 earns ₹35 simple interest at 7% a year. For how many years was it kept?
  12. 12.Rohan keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  13. 13.₹4000 earns ₹160 simple interest at 2% a year. For how many years was it kept?
  14. 14.₹5000 earns ₹2000 simple interest in 5 years. What is the rate of interest per year, in percent?
  15. 15.₹1000 earns ₹360 simple interest at 9% a year. For how many years was it kept?
  16. 16.Riya keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  17. 17.Arjun keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  18. 18.Diya keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Diya get in 3 years?
  19. 19.₹1000 earns ₹200 simple interest at 10% a year. For how many years was it kept?
  20. 20.Meera keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  21. 21.₹3000 earns ₹720 simple interest at 6% a year. For how many years was it kept?
  22. 22.Isha keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Isha get in 4 years?
  23. 23.₹2500 earns ₹500 simple interest in 4 years. What is the rate of interest per year, in percent?
  24. 24.Sara keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  25. 25.Kabir keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  26. 26.Meera keeps ₹3000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  27. 27.Meera keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  28. 28.Sara keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Sara get in 4 years?
  29. 29.Riya keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 3 years?
  30. 30.Rohan keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  31. 31.₹2000 earns ₹200 simple interest at 10% a year. For how many years was it kept?
  32. 32.Kabir keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  33. 33.₹4000 earns ₹880 simple interest in 2 years. What is the rate of interest per year, in percent?
  34. 34.₹2500 earns ₹625 simple interest in 5 years. What is the rate of interest per year, in percent?
  35. 35.₹5000 earns ₹1800 simple interest in 4 years. What is the rate of interest per year, in percent?
  36. 36.₹500 earns ₹250 simple interest in 5 years. What is the rate of interest per year, in percent?
  37. 37.Meera keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 2 years?
  38. 38.Meera keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  39. 39.₹1000 earns ₹40 simple interest in 2 years. What is the rate of interest per year, in percent?
  40. 40.Kabir keeps ₹4000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?

Answer key

  1. 12
  2. 4
  3. 90
  4. 4640
  5. 3
  6. 10
  7. 12
  8. 4
  9. 2
  10. 4720
  11. 1
  12. 700
  13. 2
  14. 8
  15. 4
  16. 540
  17. 135
  18. 525
  19. 2
  20. 3090
  21. 4
  22. 120
  23. 5
  24. 3330
  25. 35
  26. 3720
  27. 1100
  28. 1800
  29. 480
  30. 220
  31. 1
  32. 180
  33. 11
  34. 5
  35. 9
  36. 10
  37. 160
  38. 2320
  39. 2
  40. 5920

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