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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 145 · 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.₹500 earns ₹120 simple interest at 12% a year. For how many years was it kept?
  2. 2.₹5000 earns ₹400 simple interest at 4% a year. For how many years was it kept?
  3. 3.Riya keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 1 year?
  4. 4.Isha keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  5. 5.Riya keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  6. 6.Arjun keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  7. 7.Meera keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 5 years?
  8. 8.Riya keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 5 years?
  9. 9.Dev keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Dev get in 2 years?
  10. 10.₹500 earns ₹25 simple interest at 5% a year. For how many years was it kept?
  11. 11.Isha keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Isha get in 5 years?
  12. 12.Dev keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Dev get in 1 year?
  13. 13.₹1000 earns ₹200 simple interest at 10% a year. For how many years was it kept?
  14. 14.₹3000 earns ₹300 simple interest at 5% a year. For how many years was it kept?
  15. 15.₹5000 earns ₹1200 simple interest at 12% a year. For how many years was it kept?
  16. 16.₹1000 earns ₹60 simple interest at 3% a year. For how many years was it kept?
  17. 17.Sara keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Sara get in 1 year?
  18. 18.₹2000 earns ₹960 simple interest at 12% a year. For how many years was it kept?
  19. 19.₹1500 earns ₹90 simple interest in 2 years. What is the rate of interest per year, in percent?
  20. 20.₹3000 earns ₹450 simple interest at 5% a year. For how many years was it kept?
  21. 21.Arjun keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  22. 22.Riya keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  23. 23.Riya keeps ₹2500 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  24. 24.Arjun keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  25. 25.₹1000 earns ₹80 simple interest in 1 year. What is the rate of interest per year, in percent?
  26. 26.₹5000 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  27. 27.Riya keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 5 years?
  28. 28.Meera keeps ₹5000 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  29. 29.Kabir keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  30. 30.Aarav keeps ₹5000 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  31. 31.Diya keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Diya get in 4 years?
  32. 32.₹4000 earns ₹840 simple interest in 3 years. What is the rate of interest per year, in percent?
  33. 33.₹500 earns ₹50 simple interest at 5% a year. For how many years was it kept?
  34. 34.₹2000 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  35. 35.Riya keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  36. 36.₹1000 earns ₹90 simple interest at 9% a year. For how many years was it kept?
  37. 37.₹500 earns ₹140 simple interest at 7% a year. For how many years was it kept?
  38. 38.Isha keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  39. 39.₹4000 earns ₹800 simple interest at 4% a year. For how many years was it kept?
  40. 40.Rohan keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Rohan get in 1 year?

Answer key

  1. 2
  2. 2
  3. 240
  4. 2120
  5. 2650
  6. 620
  7. 750
  8. 300
  9. 100
  10. 1
  11. 2200
  12. 200
  13. 2
  14. 2
  15. 2
  16. 2
  17. 300
  18. 4
  19. 3
  20. 3
  21. 1650
  22. 2160
  23. 2750
  24. 40
  25. 8
  26. 3
  27. 300
  28. 7500
  29. 1400
  30. 800
  31. 80
  32. 7
  33. 2
  34. 3
  35. 1120
  36. 1
  37. 4
  38. 545
  39. 5
  40. 275

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