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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 147 · 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 at 10% a year. For how many years was it kept?
  2. 2.₹1500 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  3. 3.₹4000 earns ₹400 simple interest at 2% a year. For how many years was it kept?
  4. 4.Meera keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 5 years?
  5. 5.₹5000 earns ₹1100 simple interest at 11% a year. For how many years was it kept?
  6. 6.Dev keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  7. 7.₹3000 earns ₹1500 simple interest in 5 years. What is the rate of interest per year, in percent?
  8. 8.₹2000 earns ₹300 simple interest at 3% a year. For how many years was it kept?
  9. 9.Ishaan keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  10. 10.₹5000 earns ₹1500 simple interest in 5 years. What is the rate of interest per year, in percent?
  11. 11.Aarav keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  12. 12.Diya keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 2 years?
  13. 13.₹1500 earns ₹180 simple interest in 4 years. What is the rate of interest per year, in percent?
  14. 14.₹3000 earns ₹900 simple interest at 10% a year. For how many years was it kept?
  15. 15.₹500 earns ₹75 simple interest at 5% a year. For how many years was it kept?
  16. 16.Dev keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Dev get in 4 years?
  17. 17.₹1000 earns ₹210 simple interest at 7% a year. For how many years was it kept?
  18. 18.Ishaan keeps ₹2000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  19. 19.Meera keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  20. 20.Aarav keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  21. 21.₹4000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  22. 22.₹4000 earns ₹80 simple interest in 1 year. What is the rate of interest per year, in percent?
  23. 23.₹2500 earns ₹600 simple interest in 4 years. What is the rate of interest per year, in percent?
  24. 24.Anaya keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  25. 25.Isha keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Isha get in 1 year?
  26. 26.₹1000 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  27. 27.₹1000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  28. 28.₹1500 earns ₹660 simple interest in 4 years. What is the rate of interest per year, in percent?
  29. 29.₹500 earns ₹110 simple interest in 2 years. What is the rate of interest per year, in percent?
  30. 30.₹1000 earns ₹100 simple interest at 5% a year. For how many years was it kept?
  31. 31.₹500 earns ₹80 simple interest in 2 years. What is the rate of interest per year, in percent?
  32. 32.₹1000 earns ₹20 simple interest in 1 year. What is the rate of interest per year, in percent?
  33. 33.Meera keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 2 years?
  34. 34.Riya keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 4 years?
  35. 35.Rohan keeps ₹5000 in a bank at 8% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  36. 36.Meera keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 5 years?
  37. 37.Isha keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  38. 38.Arjun keeps ₹1000 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  39. 39.₹500 earns ₹100 simple interest at 5% a year. For how many years was it kept?
  40. 40.Anaya keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?

Answer key

  1. 1
  2. 4
  3. 5
  4. 1500
  5. 2
  6. 4480
  7. 10
  8. 5
  9. 1280
  10. 6
  11. 7400
  12. 40
  13. 3
  14. 3
  15. 3
  16. 120
  17. 3
  18. 2140
  19. 1725
  20. 3240
  21. 3
  22. 2
  23. 6
  24. 300
  25. 80
  26. 4
  27. 8
  28. 11
  29. 11
  30. 2
  31. 8
  32. 2
  33. 240
  34. 1080
  35. 2000
  36. 400
  37. 5700
  38. 1110
  39. 4
  40. 1560

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