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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 123 · 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.Aarav keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  2. 2.Dev keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 2 years?
  3. 3.₹1000 earns ₹400 simple interest at 8% a year. For how many years was it kept?
  4. 4.Aarav keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  5. 5.Rohan keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  6. 6.₹2000 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  7. 7.₹5000 earns ₹1800 simple interest at 9% a year. For how many years was it kept?
  8. 8.₹500 earns ₹105 simple interest in 3 years. What is the rate of interest per year, in percent?
  9. 9.₹1000 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  10. 10.₹3000 earns ₹300 simple interest at 2% a year. For how many years was it kept?
  11. 11.₹3000 earns ₹300 simple interest in 1 year. What is the rate of interest per year, in percent?
  12. 12.₹4000 earns ₹200 simple interest in 1 year. What is the rate of interest per year, in percent?
  13. 13.₹5000 earns ₹1650 simple interest at 11% a year. For how many years was it kept?
  14. 14.Kabir keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  15. 15.₹2500 earns ₹900 simple interest at 12% a year. For how many years was it kept?
  16. 16.₹5000 earns ₹1750 simple interest at 7% a year. For how many years was it kept?
  17. 17.Diya keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Diya get in 1 year?
  18. 18.Sara keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Sara get in 2 years?
  19. 19.Dev keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Dev get in 5 years?
  20. 20.₹3000 earns ₹180 simple interest at 2% a year. For how many years was it kept?
  21. 21.Dev keeps ₹1000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  22. 22.₹1000 earns ₹100 simple interest at 5% a year. For how many years was it kept?
  23. 23.Aarav keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  24. 24.Meera keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  25. 25.Riya keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 1 year?
  26. 26.₹4000 earns ₹560 simple interest at 7% a year. For how many years was it kept?
  27. 27.₹2500 earns ₹75 simple interest at 3% a year. For how many years was it kept?
  28. 28.Isha keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Isha get in 2 years?
  29. 29.₹4000 earns ₹600 simple interest at 5% a year. For how many years was it kept?
  30. 30.Kabir keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  31. 31.₹3000 earns ₹1800 simple interest in 5 years. What is the rate of interest per year, in percent?
  32. 32.Ishaan keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  33. 33.₹2500 earns ₹1250 simple interest in 5 years. What is the rate of interest per year, in percent?
  34. 34.₹500 earns ₹105 simple interest at 7% a year. For how many years was it kept?
  35. 35.₹500 earns ₹50 simple interest in 2 years. What is the rate of interest per year, in percent?
  36. 36.Riya keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  37. 37.₹2500 earns ₹150 simple interest at 6% a year. For how many years was it kept?
  38. 38.₹1500 earns ₹825 simple interest at 11% a year. For how many years was it kept?
  39. 39.Dev keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 1 year?
  40. 40.₹4000 earns ₹1320 simple interest in 3 years. What is the rate of interest per year, in percent?

Answer key

  1. 1590
  2. 120
  3. 5
  4. 2200
  5. 450
  6. 1
  7. 4
  8. 7
  9. 5
  10. 5
  11. 10
  12. 5
  13. 3
  14. 1040
  15. 3
  16. 5
  17. 100
  18. 300
  19. 1500
  20. 3
  21. 1220
  22. 2
  23. 600
  24. 2300
  25. 250
  26. 2
  27. 1
  28. 40
  29. 3
  30. 1800
  31. 12
  32. 35
  33. 10
  34. 3
  35. 5
  36. 1620
  37. 1
  38. 5
  39. 60
  40. 11

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