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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 103 · 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.₹2000 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  2. 2.Kabir keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  3. 3.Riya keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 3 years?
  4. 4.Rohan keeps ₹5000 in a bank at 8% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  5. 5.Arjun keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  6. 6.₹2000 earns ₹160 simple interest at 2% a year. For how many years was it kept?
  7. 7.Ishaan keeps ₹5000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  8. 8.Diya keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Diya get in 5 years?
  9. 9.Arjun keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  10. 10.₹1500 earns ₹30 simple interest at 2% a year. For how many years was it kept?
  11. 11.Sara keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 2 years?
  12. 12.₹500 earns ₹30 simple interest at 2% a year. For how many years was it kept?
  13. 13.₹3000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  14. 14.₹5000 earns ₹2250 simple interest in 5 years. What is the rate of interest per year, in percent?
  15. 15.Aarav keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  16. 16.Meera keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 4 years?
  17. 17.Isha keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  18. 18.Arjun keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  19. 19.Riya keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Riya get in 1 year?
  20. 20.Aarav keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  21. 21.₹1500 earns ₹90 simple interest at 6% a year. For how many years was it kept?
  22. 22.₹1500 earns ₹90 simple interest at 3% a year. For how many years was it kept?
  23. 23.₹5000 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  24. 24.₹1000 earns ₹80 simple interest at 2% a year. For how many years was it kept?
  25. 25.₹1000 earns ₹150 simple interest at 5% a year. For how many years was it kept?
  26. 26.₹3000 earns ₹300 simple interest in 1 year. What is the rate of interest per year, in percent?
  27. 27.Arjun keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  28. 28.Rohan keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  29. 29.₹3000 earns ₹1350 simple interest at 9% a year. For how many years was it kept?
  30. 30.₹5000 earns ₹450 simple interest at 3% a year. For how many years was it kept?
  31. 31.₹3000 earns ₹300 simple interest at 2% a year. For how many years was it kept?
  32. 32.₹2500 earns ₹625 simple interest at 5% a year. For how many years was it kept?
  33. 33.₹3000 earns ₹360 simple interest in 1 year. What is the rate of interest per year, in percent?
  34. 34.Ishaan keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  35. 35.₹1500 earns ₹150 simple interest in 2 years. What is the rate of interest per year, in percent?
  36. 36.₹500 earns ₹160 simple interest in 4 years. What is the rate of interest per year, in percent?
  37. 37.Rohan keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  38. 38.Riya keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  39. 39.₹1000 earns ₹90 simple interest in 3 years. What is the rate of interest per year, in percent?
  40. 40.Kabir keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?

Answer key

  1. 5
  2. 1320
  3. 1440
  4. 800
  5. 240
  6. 4
  7. 6100
  8. 200
  9. 1800
  10. 1
  11. 120
  12. 3
  13. 4
  14. 9
  15. 640
  16. 1600
  17. 620
  18. 60
  19. 300
  20. 360
  21. 1
  22. 2
  23. 1
  24. 4
  25. 3
  26. 10
  27. 420
  28. 800
  29. 5
  30. 3
  31. 5
  32. 5
  33. 12
  34. 570
  35. 5
  36. 8
  37. 1500
  38. 2500
  39. 3
  40. 5150

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