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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 140 · 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.Meera keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  2. 2.₹1000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  3. 3.₹3000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  4. 4.₹2000 earns ₹800 simple interest in 5 years. What is the rate of interest per year, in percent?
  5. 5.₹2500 earns ₹175 simple interest at 7% a year. For how many years was it kept?
  6. 6.Arjun keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  7. 7.₹5000 earns ₹300 simple interest at 2% a year. For how many years was it kept?
  8. 8.Sara keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Sara get in 2 years?
  9. 9.Meera keeps ₹4000 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  10. 10.₹500 earns ₹40 simple interest in 4 years. What is the rate of interest per year, in percent?
  11. 11.Kabir keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  12. 12.Kabir keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  13. 13.₹500 earns ₹120 simple interest at 8% a year. For how many years was it kept?
  14. 14.Sara keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Sara get in 2 years?
  15. 15.Riya keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  16. 16.Riya keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 5 years?
  17. 17.₹5000 earns ₹2200 simple interest at 11% a year. For how many years was it kept?
  18. 18.₹2500 earns ₹75 simple interest at 3% a year. For how many years was it kept?
  19. 19.₹3000 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  20. 20.₹4000 earns ₹1440 simple interest at 12% a year. For how many years was it kept?
  21. 21.Kabir keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  22. 22.₹1000 earns ₹60 simple interest in 3 years. What is the rate of interest per year, in percent?
  23. 23.₹3000 earns ₹1650 simple interest at 11% a year. For how many years was it kept?
  24. 24.Dev keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 5 years?
  25. 25.₹2500 earns ₹550 simple interest at 11% a year. For how many years was it kept?
  26. 26.₹1500 earns ₹105 simple interest in 1 year. What is the rate of interest per year, in percent?
  27. 27.₹1000 earns ₹150 simple interest in 5 years. What is the rate of interest per year, in percent?
  28. 28.Dev keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Dev get in 5 years?
  29. 29.₹3000 earns ₹270 simple interest in 3 years. What is the rate of interest per year, in percent?
  30. 30.Isha keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Isha get in 1 year?
  31. 31.₹1000 earns ₹140 simple interest in 2 years. What is the rate of interest per year, in percent?
  32. 32.Isha keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  33. 33.₹2500 earns ₹450 simple interest in 2 years. What is the rate of interest per year, in percent?
  34. 34.₹1000 earns ₹70 simple interest in 1 year. What is the rate of interest per year, in percent?
  35. 35.₹2000 earns ₹320 simple interest at 4% a year. For how many years was it kept?
  36. 36.Dev keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Dev get in 3 years?
  37. 37.₹2500 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  38. 38.₹3000 earns ₹1080 simple interest in 3 years. What is the rate of interest per year, in percent?
  39. 39.₹2500 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  40. 40.₹2500 earns ₹200 simple interest at 2% a year. For how many years was it kept?

Answer key

  1. 1150
  2. 6
  3. 4
  4. 8
  5. 1
  6. 1800
  7. 3
  8. 180
  9. 5200
  10. 2
  11. 180
  12. 2725
  13. 3
  14. 280
  15. 5150
  16. 150
  17. 4
  18. 1
  19. 2
  20. 3
  21. 1080
  22. 2
  23. 5
  24. 225
  25. 2
  26. 7
  27. 3
  28. 200
  29. 3
  30. 320
  31. 7
  32. 1500
  33. 9
  34. 7
  35. 4
  36. 60
  37. 2
  38. 12
  39. 4
  40. 4

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