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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 101 · 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.₹5000 earns ₹300 simple interest in 1 year. What is the rate of interest per year, in percent?
  2. 2.₹3000 earns ₹120 simple interest at 4% a year. For how many years was it kept?
  3. 3.₹2500 earns ₹500 simple interest at 5% a year. For how many years was it kept?
  4. 4.₹1500 earns ₹270 simple interest at 6% a year. For how many years was it kept?
  5. 5.₹3000 earns ₹360 simple interest at 12% a year. For how many years was it kept?
  6. 6.Anaya keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  7. 7.Arjun keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  8. 8.₹2000 earns ₹440 simple interest in 2 years. What is the rate of interest per year, in percent?
  9. 9.Riya keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Riya get in 2 years?
  10. 10.Riya keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 3 years?
  11. 11.Meera keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 4 years?
  12. 12.₹1500 earns ₹360 simple interest at 8% a year. For how many years was it kept?
  13. 13.Isha keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Isha get in 2 years?
  14. 14.₹500 earns ₹165 simple interest in 3 years. What is the rate of interest per year, in percent?
  15. 15.Isha keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Isha get in 1 year?
  16. 16.₹5000 earns ₹1200 simple interest in 4 years. What is the rate of interest per year, in percent?
  17. 17.₹2500 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  18. 18.₹5000 earns ₹450 simple interest in 3 years. What is the rate of interest per year, in percent?
  19. 19.₹2000 earns ₹60 simple interest at 3% a year. For how many years was it kept?
  20. 20.₹1000 earns ₹60 simple interest in 2 years. What is the rate of interest per year, in percent?
  21. 21.Isha keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Isha get in 3 years?
  22. 22.₹5000 earns ₹200 simple interest in 1 year. What is the rate of interest per year, in percent?
  23. 23.₹5000 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  24. 24.Ishaan keeps ₹2000 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  25. 25.₹4000 earns ₹1440 simple interest at 9% a year. For how many years was it kept?
  26. 26.Aarav keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  27. 27.Riya keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  28. 28.Anaya keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  29. 29.Aarav keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  30. 30.₹500 earns ₹100 simple interest at 10% a year. For how many years was it kept?
  31. 31.₹2000 earns ₹660 simple interest in 3 years. What is the rate of interest per year, in percent?
  32. 32.Sara keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  33. 33.Arjun keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  34. 34.Meera keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  35. 35.₹2000 earns ₹1100 simple interest at 11% a year. For how many years was it kept?
  36. 36.Ishaan keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  37. 37.₹500 earns ₹275 simple interest in 5 years. What is the rate of interest per year, in percent?
  38. 38.₹1500 earns ₹105 simple interest in 1 year. What is the rate of interest per year, in percent?
  39. 39.Arjun keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  40. 40.₹500 earns ₹150 simple interest at 10% a year. For how many years was it kept?

Answer key

  1. 6
  2. 1
  3. 4
  4. 3
  5. 1
  6. 740
  7. 2200
  8. 11
  9. 300
  10. 60
  11. 100
  12. 3
  13. 120
  14. 11
  15. 275
  16. 6
  17. 2
  18. 3
  19. 1
  20. 3
  21. 240
  22. 4
  23. 4
  24. 2660
  25. 4
  26. 1200
  27. 1120
  28. 105
  29. 120
  30. 2
  31. 11
  32. 5600
  33. 4320
  34. 510
  35. 5
  36. 450
  37. 11
  38. 7
  39. 480
  40. 3

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