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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 152 · 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.₹3000 earns ₹240 simple interest at 2% a year. For how many years was it kept?
  2. 2.₹2500 earns ₹600 simple interest at 6% a year. For how many years was it kept?
  3. 3.₹4000 earns ₹960 simple interest at 8% a year. For how many years was it kept?
  4. 4.Diya keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 4 years?
  5. 5.Riya keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  6. 6.Aarav keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  7. 7.Dev keeps ₹1500 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  8. 8.₹2000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  9. 9.₹2000 earns ₹480 simple interest in 3 years. What is the rate of interest per year, in percent?
  10. 10.₹2500 earns ₹300 simple interest at 3% a year. For how many years was it kept?
  11. 11.Aarav keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  12. 12.₹1500 earns ₹150 simple interest in 5 years. What is the rate of interest per year, in percent?
  13. 13.₹2000 earns ₹1000 simple interest in 5 years. What is the rate of interest per year, in percent?
  14. 14.₹5000 earns ₹3000 simple interest at 12% a year. For how many years was it kept?
  15. 15.Meera keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  16. 16.₹4000 earns ₹320 simple interest at 2% a year. For how many years was it kept?
  17. 17.Aarav keeps ₹1500 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  18. 18.₹3000 earns ₹90 simple interest at 3% a year. For how many years was it kept?
  19. 19.₹1500 earns ₹450 simple interest in 3 years. What is the rate of interest per year, in percent?
  20. 20.₹1500 earns ₹300 simple interest in 4 years. What is the rate of interest per year, in percent?
  21. 21.₹1000 earns ₹30 simple interest at 3% a year. For how many years was it kept?
  22. 22.Riya keeps ₹5000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  23. 23.₹1500 earns ₹150 simple interest at 5% a year. For how many years was it kept?
  24. 24.Riya keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 3 years?
  25. 25.₹2500 earns ₹1000 simple interest at 8% a year. For how many years was it kept?
  26. 26.Riya keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Riya get in 5 years?
  27. 27.Meera keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  28. 28.Isha keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 3 years?
  29. 29.Riya keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  30. 30.Riya keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 1 year?
  31. 31.Anaya keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  32. 32.₹3000 earns ₹660 simple interest at 11% a year. For how many years was it kept?
  33. 33.₹4000 earns ₹600 simple interest at 5% a year. For how many years was it kept?
  34. 34.₹2000 earns ₹480 simple interest at 12% a year. For how many years was it kept?
  35. 35.Isha keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Isha get in 1 year?
  36. 36.Riya keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  37. 37.Dev keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 2 years?
  38. 38.Rohan keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  39. 39.₹500 earns ₹30 simple interest at 6% a year. For how many years was it kept?
  40. 40.₹2000 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?

Answer key

  1. 4
  2. 4
  3. 3
  4. 320
  5. 3000
  6. 2550
  7. 2250
  8. 6
  9. 8
  10. 4
  11. 50
  12. 2
  13. 10
  14. 5
  15. 2040
  16. 4
  17. 2250
  18. 1
  19. 10
  20. 5
  21. 1
  22. 5900
  23. 2
  24. 360
  25. 5
  26. 825
  27. 4480
  28. 150
  29. 5750
  30. 120
  31. 90
  32. 2
  33. 3
  34. 2
  35. 60
  36. 1860
  37. 140
  38. 720
  39. 1
  40. 5

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