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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 156 · 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.Kabir keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  2. 2.Arjun keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  3. 3.₹1000 earns ₹20 simple interest at 2% a year. For how many years was it kept?
  4. 4.₹5000 earns ₹1800 simple interest at 12% a year. For how many years was it kept?
  5. 5.₹4000 earns ₹1440 simple interest in 4 years. What is the rate of interest per year, in percent?
  6. 6.₹3000 earns ₹270 simple interest in 3 years. What is the rate of interest per year, in percent?
  7. 7.₹1000 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
  8. 8.Meera keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  9. 9.₹2000 earns ₹80 simple interest at 2% a year. For how many years was it kept?
  10. 10.₹500 earns ₹75 simple interest in 5 years. What is the rate of interest per year, in percent?
  11. 11.₹1500 earns ₹450 simple interest at 6% a year. For how many years was it kept?
  12. 12.₹1000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  13. 13.₹2500 earns ₹1500 simple interest at 12% a year. For how many years was it kept?
  14. 14.₹4000 earns ₹200 simple interest at 5% a year. For how many years was it kept?
  15. 15.₹500 earns ₹55 simple interest at 11% a year. For how many years was it kept?
  16. 16.Riya keeps ₹3000 in a bank at 7% simple interest a year. How many rupees of interest does Riya get in 2 years?
  17. 17.Isha keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Isha get in 4 years?
  18. 18.Arjun keeps ₹1500 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  19. 19.Ishaan keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  20. 20.₹5000 earns ₹1350 simple interest at 9% a year. For how many years was it kept?
  21. 21.Riya keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  22. 22.₹1000 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  23. 23.₹4000 earns ₹1120 simple interest in 4 years. What is the rate of interest per year, in percent?
  24. 24.₹2000 earns ₹480 simple interest at 8% a year. For how many years was it kept?
  25. 25.₹1500 earns ₹120 simple interest at 8% a year. For how many years was it kept?
  26. 26.₹3000 earns ₹210 simple interest in 1 year. What is the rate of interest per year, in percent?
  27. 27.₹500 earns ₹140 simple interest in 4 years. What is the rate of interest per year, in percent?
  28. 28.Rohan keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  29. 29.₹3000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  30. 30.Riya keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  31. 31.Ishaan keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  32. 32.₹2500 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  33. 33.₹1000 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  34. 34.₹1000 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  35. 35.Kabir keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  36. 36.₹500 earns ₹30 simple interest in 3 years. What is the rate of interest per year, in percent?
  37. 37.Sara keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  38. 38.Sara keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Sara get in 1 year?
  39. 39.Meera keeps ₹2500 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  40. 40.Diya keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?

Answer key

  1. 2575
  2. 2900
  3. 1
  4. 3
  5. 9
  6. 3
  7. 3
  8. 3180
  9. 2
  10. 3
  11. 5
  12. 12
  13. 5
  14. 1
  15. 1
  16. 420
  17. 800
  18. 1800
  19. 180
  20. 3
  21. 5300
  22. 2
  23. 7
  24. 3
  25. 1
  26. 7
  27. 7
  28. 520
  29. 4
  30. 2650
  31. 2200
  32. 2
  33. 2
  34. 2
  35. 4280
  36. 2
  37. 4200
  38. 100
  39. 3000
  40. 3180

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