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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 114 · 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 ₹420 simple interest in 3 years. What is the rate of interest per year, in percent?
  2. 2.₹2500 earns ₹675 simple interest in 3 years. What is the rate of interest per year, in percent?
  3. 3.₹5000 earns ₹1100 simple interest in 2 years. What is the rate of interest per year, in percent?
  4. 4.₹5000 earns ₹2000 simple interest at 10% a year. For how many years was it kept?
  5. 5.Meera keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 3 years?
  6. 6.Sara keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 2 years?
  7. 7.Kabir keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  8. 8.Meera keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 2 years?
  9. 9.Meera keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 2 years?
  10. 10.Dev keeps ₹5000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  11. 11.₹2000 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  12. 12.Arjun keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  13. 13.Meera keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  14. 14.Aarav keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  15. 15.₹1500 earns ₹240 simple interest at 4% a year. For how many years was it kept?
  16. 16.Meera keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 3 years?
  17. 17.Meera keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  18. 18.₹2000 earns ₹960 simple interest in 4 years. What is the rate of interest per year, in percent?
  19. 19.Meera keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 2 years?
  20. 20.₹1000 earns ₹210 simple interest in 3 years. What is the rate of interest per year, in percent?
  21. 21.₹1500 earns ₹75 simple interest at 5% a year. For how many years was it kept?
  22. 22.₹2500 earns ₹400 simple interest in 4 years. What is the rate of interest per year, in percent?
  23. 23.Rohan keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  24. 24.₹500 earns ₹40 simple interest at 4% a year. For how many years was it kept?
  25. 25.₹5000 earns ₹800 simple interest at 4% a year. For how many years was it kept?
  26. 26.Anaya keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  27. 27.₹2000 earns ₹720 simple interest in 4 years. What is the rate of interest per year, in percent?
  28. 28.Dev keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 1 year?
  29. 29.₹2000 earns ₹800 simple interest in 4 years. What is the rate of interest per year, in percent?
  30. 30.₹3000 earns ₹600 simple interest in 2 years. What is the rate of interest per year, in percent?
  31. 31.₹1500 earns ₹90 simple interest at 6% a year. For how many years was it kept?
  32. 32.Meera keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  33. 33.Isha keeps ₹4000 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  34. 34.₹1500 earns ₹90 simple interest in 3 years. What is the rate of interest per year, in percent?
  35. 35.Arjun keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  36. 36.₹5000 earns ₹3000 simple interest at 12% a year. For how many years was it kept?
  37. 37.Isha keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  38. 38.₹5000 earns ₹1000 simple interest at 5% a year. For how many years was it kept?
  39. 39.Ishaan keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  40. 40.Riya keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 3 years?

Answer key

  1. 7
  2. 9
  3. 11
  4. 4
  5. 1080
  6. 40
  7. 280
  8. 240
  9. 240
  10. 7250
  11. 3
  12. 700
  13. 575
  14. 200
  15. 4
  16. 210
  17. 2120
  18. 12
  19. 20
  20. 7
  21. 1
  22. 4
  23. 220
  24. 2
  25. 4
  26. 500
  27. 9
  28. 35
  29. 10
  30. 10
  31. 1
  32. 3240
  33. 5760
  34. 2
  35. 1125
  36. 5
  37. 625
  38. 4
  39. 300
  40. 405

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