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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 117 · 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.₹4000 earns ₹240 simple interest in 3 years. What is the rate of interest per year, in percent?
  2. 2.Isha keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Isha get in 1 year?
  3. 3.Dev keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  4. 4.Isha keeps ₹5000 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  5. 5.₹1000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  6. 6.₹5000 earns ₹2750 simple interest in 5 years. What is the rate of interest per year, in percent?
  7. 7.₹1500 earns ₹450 simple interest at 6% a year. For how many years was it kept?
  8. 8.Ishaan keeps ₹2500 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  9. 9.Aarav keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  10. 10.Dev keeps ₹5000 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  11. 11.₹500 earns ₹275 simple interest in 5 years. What is the rate of interest per year, in percent?
  12. 12.Diya keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  13. 13.₹500 earns ₹75 simple interest at 3% a year. For how many years was it kept?
  14. 14.Riya keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  15. 15.Anaya keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  16. 16.₹500 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  17. 17.Dev keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Dev get in 2 years?
  18. 18.₹5000 earns ₹1800 simple interest in 4 years. What is the rate of interest per year, in percent?
  19. 19.₹3000 earns ₹1200 simple interest in 5 years. What is the rate of interest per year, in percent?
  20. 20.Isha keeps ₹3000 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  21. 21.Kabir keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  22. 22.₹4000 earns ₹880 simple interest at 11% a year. For how many years was it kept?
  23. 23.Ishaan keeps ₹5000 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  24. 24.Kabir keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  25. 25.₹2000 earns ₹80 simple interest at 2% a year. For how many years was it kept?
  26. 26.₹1000 earns ₹60 simple interest in 3 years. What is the rate of interest per year, in percent?
  27. 27.₹3000 earns ₹720 simple interest at 6% a year. For how many years was it kept?
  28. 28.Anaya keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  29. 29.₹1000 earns ₹450 simple interest in 5 years. What is the rate of interest per year, in percent?
  30. 30.Kabir keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  31. 31.Dev keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  32. 32.Diya keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Diya get in 3 years?
  33. 33.₹2000 earns ₹280 simple interest in 2 years. What is the rate of interest per year, in percent?
  34. 34.₹1000 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  35. 35.₹5000 earns ₹300 simple interest at 6% a year. For how many years was it kept?
  36. 36.₹1000 earns ₹80 simple interest at 8% a year. For how many years was it kept?
  37. 37.Riya keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  38. 38.Riya keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  39. 39.Aarav keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  40. 40.Dev keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?

Answer key

  1. 2
  2. 60
  3. 3120
  4. 7200
  5. 12
  6. 11
  7. 5
  8. 3250
  9. 1000
  10. 7500
  11. 11
  12. 4160
  13. 5
  14. 2040
  15. 550
  16. 12
  17. 200
  18. 9
  19. 8
  20. 4800
  21. 225
  22. 2
  23. 6200
  24. 800
  25. 2
  26. 2
  27. 4
  28. 135
  29. 9
  30. 1080
  31. 2240
  32. 540
  33. 7
  34. 5
  35. 1
  36. 1
  37. 3240
  38. 3240
  39. 200
  40. 550

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