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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 12 · 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 ₹400 simple interest in 5 years. What is the rate of interest per year, in percent?
  2. 2.Isha keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Isha get in 1 year?
  3. 3.₹3000 earns ₹240 simple interest in 1 year. What is the rate of interest per year, in percent?
  4. 4.Riya keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  5. 5.₹2000 earns ₹180 simple interest at 9% a year. For how many years was it kept?
  6. 6.Dev keeps ₹4000 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  7. 7.Rohan keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  8. 8.₹1500 earns ₹675 simple interest at 9% a year. For how many years was it kept?
  9. 9.Arjun keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  10. 10.Diya keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 4 years?
  11. 11.Arjun keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  12. 12.Meera keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  13. 13.₹1500 earns ₹150 simple interest at 10% a year. For how many years was it kept?
  14. 14.₹2500 earns ₹250 simple interest in 2 years. What is the rate of interest per year, in percent?
  15. 15.₹5000 earns ₹900 simple interest in 3 years. What is the rate of interest per year, in percent?
  16. 16.₹4000 earns ₹80 simple interest at 2% a year. For how many years was it kept?
  17. 17.Aarav keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  18. 18.₹5000 earns ₹350 simple interest in 1 year. What is the rate of interest per year, in percent?
  19. 19.Meera keeps ₹5000 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  20. 20.₹1000 earns ₹70 simple interest at 7% a year. For how many years was it kept?
  21. 21.₹2000 earns ₹800 simple interest at 10% a year. For how many years was it kept?
  22. 22.₹2000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  23. 23.Rohan keeps ₹2000 in a bank at 11% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  24. 24.Sara keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  25. 25.₹1500 earns ₹120 simple interest in 4 years. What is the rate of interest per year, in percent?
  26. 26.₹1000 earns ₹200 simple interest at 4% a year. For how many years was it kept?
  27. 27.Diya keeps ₹4000 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  28. 28.Kabir keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  29. 29.Ishaan keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  30. 30.Arjun keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  31. 31.₹1000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  32. 32.₹3000 earns ₹480 simple interest in 2 years. What is the rate of interest per year, in percent?
  33. 33.₹500 earns ₹35 simple interest at 7% a year. For how many years was it kept?
  34. 34.Meera keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 1 year?
  35. 35.Aarav keeps ₹5000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  36. 36.₹1500 earns ₹180 simple interest at 4% a year. For how many years was it kept?
  37. 37.₹2000 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  38. 38.₹1500 earns ₹360 simple interest in 2 years. What is the rate of interest per year, in percent?
  39. 39.₹1000 earns ₹100 simple interest at 5% a year. For how many years was it kept?
  40. 40.₹1000 earns ₹70 simple interest in 1 year. What is the rate of interest per year, in percent?

Answer key

  1. 2
  2. 275
  3. 8
  4. 550
  5. 1
  6. 5440
  7. 1080
  8. 5
  9. 320
  10. 160
  11. 240
  12. 560
  13. 1
  14. 5
  15. 6
  16. 1
  17. 150
  18. 7
  19. 6650
  20. 1
  21. 4
  22. 4
  23. 1100
  24. 580
  25. 2
  26. 5
  27. 4440
  28. 560
  29. 600
  30. 240
  31. 12
  32. 8
  33. 1
  34. 200
  35. 5250
  36. 3
  37. 1
  38. 12
  39. 2
  40. 7

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