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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 15 · 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 ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  2. 2.₹5000 earns ₹350 simple interest in 1 year. What is the rate of interest per year, in percent?
  3. 3.₹3000 earns ₹300 simple interest at 10% a year. For how many years was it kept?
  4. 4.₹1500 earns ₹75 simple interest at 5% a year. For how many years was it kept?
  5. 5.Anaya keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  6. 6.Meera keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 5 years?
  7. 7.Riya keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  8. 8.₹3000 earns ₹120 simple interest at 4% a year. For how many years was it kept?
  9. 9.Diya keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  10. 10.₹1000 earns ₹70 simple interest in 1 year. What is the rate of interest per year, in percent?
  11. 11.₹4000 earns ₹2000 simple interest in 5 years. What is the rate of interest per year, in percent?
  12. 12.Meera keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 5 years?
  13. 13.₹1500 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  14. 14.₹4000 earns ₹1120 simple interest in 4 years. What is the rate of interest per year, in percent?
  15. 15.₹2500 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  16. 16.Diya keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Diya get in 3 years?
  17. 17.₹3000 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  18. 18.₹2500 earns ₹175 simple interest in 1 year. What is the rate of interest per year, in percent?
  19. 19.Dev keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  20. 20.₹5000 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  21. 21.₹1000 earns ₹360 simple interest in 4 years. What is the rate of interest per year, in percent?
  22. 22.₹2000 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  23. 23.Aarav keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  24. 24.Riya keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  25. 25.₹2500 earns ₹200 simple interest at 2% a year. For how many years was it kept?
  26. 26.₹2500 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  27. 27.Arjun keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  28. 28.Dev keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  29. 29.₹2000 earns ₹180 simple interest at 9% a year. For how many years was it kept?
  30. 30.Sara keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 1 year?
  31. 31.Rohan keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  32. 32.₹5000 earns ₹900 simple interest at 6% a year. For how many years was it kept?
  33. 33.Isha keeps ₹500 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  34. 34.₹1500 earns ₹450 simple interest in 5 years. What is the rate of interest per year, in percent?
  35. 35.₹5000 earns ₹1000 simple interest at 10% a year. For how many years was it kept?
  36. 36.Diya keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  37. 37.₹1500 earns ₹900 simple interest in 5 years. What is the rate of interest per year, in percent?
  38. 38.₹500 earns ₹30 simple interest at 3% a year. For how many years was it kept?
  39. 39.₹4000 earns ₹1080 simple interest at 9% a year. For how many years was it kept?
  40. 40.₹4000 earns ₹480 simple interest in 2 years. What is the rate of interest per year, in percent?

Answer key

  1. 375
  2. 7
  3. 1
  4. 1
  5. 1620
  6. 2250
  7. 1120
  8. 1
  9. 1160
  10. 7
  11. 10
  12. 900
  13. 4
  14. 7
  15. 2
  16. 960
  17. 2
  18. 7
  19. 1620
  20. 3
  21. 9
  22. 3
  23. 150
  24. 2360
  25. 4
  26. 4
  27. 200
  28. 3250
  29. 1
  30. 60
  31. 375
  32. 3
  33. 530
  34. 6
  35. 2
  36. 620
  37. 12
  38. 2
  39. 3
  40. 6

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