Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 102 · 40 questions

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).

1. 1.₹3000 earns ₹270 simple interest in 3 years. What is the rate of interest per year, in percent?
2. 2.₹500 earns ₹125 simple interest at 5% a year. For how many years was it kept?
3. 3.Ishaan keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
4. 4.Ishaan keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
5. 5.Diya keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 5 years?
6. 6.Riya keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Riya get in 4 years?
7. 7.₹5000 earns ₹350 simple interest at 7% a year. For how many years was it kept?
8. 8.₹1000 earns ₹360 simple interest in 4 years. What is the rate of interest per year, in percent?
9. 9.Meera keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
10. 10.₹2500 earns ₹1000 simple interest in 4 years. What is the rate of interest per year, in percent?
11. 11.Meera keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 1 year?
12. 12.₹4000 earns ₹1760 simple interest in 4 years. What is the rate of interest per year, in percent?
13. 13.Rohan keeps ₹1500 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
14. 14.Rohan keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Rohan get in 4 years?
15. 15.₹500 earns ₹20 simple interest in 2 years. What is the rate of interest per year, in percent?
16. 16.Ishaan keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
17. 17.Aarav keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 3 years?
18. 18.₹3000 earns ₹720 simple interest in 4 years. What is the rate of interest per year, in percent?
19. 19.₹5000 earns ₹400 simple interest in 1 year. What is the rate of interest per year, in percent?
20. 20.₹1500 earns ₹120 simple interest at 4% a year. For how many years was it kept?
21. 21.Sara keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 3 years?
22. 22.Isha keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Isha get in 3 years?
23. 23.Isha keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Isha get in 3 years?
24. 24.₹5000 earns ₹2000 simple interest at 8% a year. For how many years was it kept?
25. 25.Ishaan keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
26. 26.₹2500 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
27. 27.Meera keeps ₹2500 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
28. 28.Dev keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
29. 29.₹1500 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
30. 30.Meera keeps ₹3000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
31. 31.Arjun keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Arjun get in 3 years?
32. 32.₹1000 earns ₹80 simple interest at 8% a year. For how many years was it kept?
33. 33.₹500 earns ₹30 simple interest at 6% a year. For how many years was it kept?
34. 34.Riya keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 2 years?
35. 35.Ishaan keeps ₹1500 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
36. 36.Arjun keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Arjun get in 4 years?
37. 37.Aarav keeps ₹2000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
38. 38.₹500 earns ₹20 simple interest at 2% a year. For how many years was it kept?
39. 39.Ishaan keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
40. 40.₹1000 earns ₹280 simple interest in 4 years. What is the rate of interest per year, in percent?

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