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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 125 · 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.Dev keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Dev get in 1 year?
  2. 2.Sara keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  3. 3.₹5000 earns ₹500 simple interest at 5% a year. For how many years was it kept?
  4. 4.Arjun keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  5. 5.₹2000 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  6. 6.Kabir keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  7. 7.Meera keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 3 years?
  8. 8.Rohan keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  9. 9.₹500 earns ₹200 simple interest in 4 years. What is the rate of interest per year, in percent?
  10. 10.₹1500 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  11. 11.₹1500 earns ₹135 simple interest at 9% a year. For how many years was it kept?
  12. 12.₹500 earns ₹60 simple interest at 3% a year. For how many years was it kept?
  13. 13.₹1000 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  14. 14.Meera keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  15. 15.Diya keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Diya get in 4 years?
  16. 16.Arjun keeps ₹5000 in a bank at 8% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  17. 17.Sara keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Sara get in 1 year?
  18. 18.₹1500 earns ₹360 simple interest at 8% a year. For how many years was it kept?
  19. 19.₹1500 earns ₹150 simple interest at 2% a year. For how many years was it kept?
  20. 20.Meera keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 2 years?
  21. 21.₹5000 earns ₹900 simple interest in 3 years. What is the rate of interest per year, in percent?
  22. 22.Anaya keeps ₹1500 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  23. 23.Sara keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  24. 24.₹3000 earns ₹360 simple interest in 2 years. What is the rate of interest per year, in percent?
  25. 25.₹4000 earns ₹1600 simple interest at 10% a year. For how many years was it kept?
  26. 26.Kabir keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  27. 27.₹3000 earns ₹180 simple interest in 2 years. What is the rate of interest per year, in percent?
  28. 28.₹1000 earns ₹210 simple interest at 7% a year. For how many years was it kept?
  29. 29.₹2500 earns ₹75 simple interest at 3% a year. For how many years was it kept?
  30. 30.₹1500 earns ₹300 simple interest at 4% a year. For how many years was it kept?
  31. 31.Dev keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Dev get in 1 year?
  32. 32.₹500 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  33. 33.Sara keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Sara get in 4 years?
  34. 34.₹2500 earns ₹100 simple interest at 2% a year. For how many years was it kept?
  35. 35.Diya keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  36. 36.₹2000 earns ₹560 simple interest in 4 years. What is the rate of interest per year, in percent?
  37. 37.Ishaan keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  38. 38.₹3000 earns ₹660 simple interest at 11% a year. For how many years was it kept?
  39. 39.₹2500 earns ₹750 simple interest in 5 years. What is the rate of interest per year, in percent?
  40. 40.₹3000 earns ₹1650 simple interest at 11% a year. For how many years was it kept?

Answer key

  1. 110
  2. 1120
  3. 2
  4. 1320
  5. 5
  6. 120
  7. 420
  8. 1040
  9. 10
  10. 4
  11. 1
  12. 4
  13. 2
  14. 1560
  15. 320
  16. 400
  17. 350
  18. 3
  19. 5
  20. 500
  21. 6
  22. 1995
  23. 2080
  24. 6
  25. 4
  26. 725
  27. 3
  28. 3
  29. 1
  30. 5
  31. 120
  32. 4
  33. 1440
  34. 2
  35. 680
  36. 7
  37. 50
  38. 2
  39. 6
  40. 5

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