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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 115 · 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.₹1500 earns ₹330 simple interest in 2 years. What is the rate of interest per year, in percent?
  2. 2.₹2000 earns ₹420 simple interest at 7% a year. For how many years was it kept?
  3. 3.Rohan keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  4. 4.₹4000 earns ₹720 simple interest in 2 years. What is the rate of interest per year, in percent?
  5. 5.Isha keeps ₹5000 in a bank at 12% simple interest a year. How many rupees of interest does Isha get in 2 years?
  6. 6.₹3000 earns ₹450 simple interest in 3 years. What is the rate of interest per year, in percent?
  7. 7.Riya keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 3 years?
  8. 8.Anaya keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  9. 9.Riya keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 1 year?
  10. 10.₹3000 earns ₹1200 simple interest at 8% a year. For how many years was it kept?
  11. 11.₹1500 earns ₹405 simple interest in 3 years. What is the rate of interest per year, in percent?
  12. 12.₹1000 earns ₹80 simple interest at 2% a year. For how many years was it kept?
  13. 13.Arjun keeps ₹3000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  14. 14.Riya keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  15. 15.Dev keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  16. 16.Kabir keeps ₹3000 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  17. 17.Anaya keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  18. 18.₹5000 earns ₹500 simple interest at 5% a year. For how many years was it kept?
  19. 19.₹3000 earns ₹1500 simple interest at 10% a year. For how many years was it kept?
  20. 20.₹3000 earns ₹600 simple interest at 5% a year. For how many years was it kept?
  21. 21.Meera keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 5 years?
  22. 22.₹3000 earns ₹840 simple interest at 7% a year. For how many years was it kept?
  23. 23.Meera keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 3 years?
  24. 24.Aarav keeps ₹4000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  25. 25.Sara keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Sara get in 3 years?
  26. 26.₹4000 earns ₹1200 simple interest in 3 years. What is the rate of interest per year, in percent?
  27. 27.Aarav keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  28. 28.Arjun keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  29. 29.₹5000 earns ₹1250 simple interest at 5% a year. For how many years was it kept?
  30. 30.₹2500 earns ₹625 simple interest at 5% a year. For how many years was it kept?
  31. 31.₹1500 earns ₹450 simple interest in 3 years. What is the rate of interest per year, in percent?
  32. 32.Meera keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  33. 33.Ishaan keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  34. 34.Sara keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 5 years?
  35. 35.Ishaan keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  36. 36.₹500 earns ₹50 simple interest in 2 years. What is the rate of interest per year, in percent?
  37. 37.₹3000 earns ₹1320 simple interest in 4 years. What is the rate of interest per year, in percent?
  38. 38.Rohan keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  39. 39.Dev keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 1 year?
  40. 40.Diya keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Diya get in 1 year?

Answer key

  1. 11
  2. 3
  3. 600
  4. 9
  5. 1200
  6. 5
  7. 1440
  8. 3630
  9. 90
  10. 5
  11. 9
  12. 4
  13. 3150
  14. 1400
  15. 1770
  16. 3360
  17. 360
  18. 2
  19. 5
  20. 4
  21. 625
  22. 4
  23. 1500
  24. 4960
  25. 330
  26. 10
  27. 80
  28. 100
  29. 5
  30. 5
  31. 10
  32. 510
  33. 30
  34. 300
  35. 280
  36. 5
  37. 11
  38. 4240
  39. 30
  40. 180

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