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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 154 · 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 ₹165 simple interest at 11% a year. For how many years was it kept?
  2. 2.₹500 earns ₹55 simple interest at 11% a year. For how many years was it kept?
  3. 3.₹4000 earns ₹960 simple interest at 6% a year. For how many years was it kept?
  4. 4.Kabir keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  5. 5.₹2000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  6. 6.₹1500 earns ₹90 simple interest in 2 years. What is the rate of interest per year, in percent?
  7. 7.₹4000 earns ₹240 simple interest at 6% a year. For how many years was it kept?
  8. 8.₹4000 earns ₹720 simple interest in 2 years. What is the rate of interest per year, in percent?
  9. 9.Anaya keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  10. 10.₹3000 earns ₹300 simple interest in 1 year. What is the rate of interest per year, in percent?
  11. 11.Isha keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  12. 12.₹2000 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  13. 13.Isha keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 4 years?
  14. 14.Ishaan keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  15. 15.Kabir keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  16. 16.Isha keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Isha get in 2 years?
  17. 17.Dev keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Dev get in 1 year?
  18. 18.Ishaan keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  19. 19.₹500 earns ₹70 simple interest at 7% a year. For how many years was it kept?
  20. 20.Kabir keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  21. 21.₹3000 earns ₹300 simple interest at 2% a year. For how many years was it kept?
  22. 22.₹1000 earns ₹330 simple interest in 3 years. What is the rate of interest per year, in percent?
  23. 23.₹1000 earns ₹550 simple interest in 5 years. What is the rate of interest per year, in percent?
  24. 24.Arjun keeps ₹5000 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  25. 25.Riya keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  26. 26.Isha keeps ₹2000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  27. 27.Anaya keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  28. 28.₹1000 earns ₹60 simple interest at 6% a year. For how many years was it kept?
  29. 29.₹500 earns ₹60 simple interest at 4% a year. For how many years was it kept?
  30. 30.Rohan keeps ₹2000 in a bank at 11% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  31. 31.Aarav keeps ₹1500 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  32. 32.Aarav keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  33. 33.Kabir keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  34. 34.Rohan keeps ₹3000 in a bank at 7% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  35. 35.Ishaan keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  36. 36.₹3000 earns ₹270 simple interest in 1 year. What is the rate of interest per year, in percent?
  37. 37.₹2000 earns ₹160 simple interest in 1 year. What is the rate of interest per year, in percent?
  38. 38.Dev keeps ₹2500 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  39. 39.₹4000 earns ₹160 simple interest at 2% a year. For how many years was it kept?
  40. 40.Anaya keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Anaya get in 5 years?

Answer key

  1. 3
  2. 1
  3. 4
  4. 1200
  5. 2
  6. 3
  7. 1
  8. 9
  9. 160
  10. 10
  11. 540
  12. 1
  13. 600
  14. 1000
  15. 3630
  16. 400
  17. 270
  18. 1150
  19. 2
  20. 1650
  21. 5
  22. 11
  23. 11
  24. 6000
  25. 1060
  26. 2540
  27. 60
  28. 1
  29. 3
  30. 1100
  31. 1800
  32. 5600
  33. 1200
  34. 840
  35. 560
  36. 9
  37. 8
  38. 2750
  39. 2
  40. 225

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