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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 164 · 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 ₹70 simple interest at 7% a year. For how many years was it kept?
  2. 2.Anaya keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  3. 3.Kabir keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  4. 4.₹500 earns ₹30 simple interest at 2% a year. For how many years was it kept?
  5. 5.₹4000 earns ₹800 simple interest in 4 years. What is the rate of interest per year, in percent?
  6. 6.₹1500 earns ₹600 simple interest at 10% a year. For how many years was it kept?
  7. 7.Arjun keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  8. 8.Arjun keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  9. 9.Anaya keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  10. 10.Meera keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  11. 11.Sara keeps ₹2000 in a bank at 11% simple interest a year. How many rupees of interest does Sara get in 4 years?
  12. 12.₹1000 earns ₹100 simple interest at 10% a year. For how many years was it kept?
  13. 13.Arjun keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  14. 14.Rohan keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  15. 15.Kabir keeps ₹5000 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  16. 16.Kabir keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  17. 17.₹2000 earns ₹180 simple interest in 1 year. What is the rate of interest per year, in percent?
  18. 18.₹500 earns ₹100 simple interest in 4 years. What is the rate of interest per year, in percent?
  19. 19.Isha keeps ₹1500 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  20. 20.₹1500 earns ₹450 simple interest in 5 years. What is the rate of interest per year, in percent?
  21. 21.₹2000 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  22. 22.Diya keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 1 year?
  23. 23.₹4000 earns ₹1760 simple interest in 4 years. What is the rate of interest per year, in percent?
  24. 24.Arjun keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  25. 25.Kabir keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  26. 26.Kabir keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  27. 27.₹4000 earns ₹1200 simple interest in 5 years. What is the rate of interest per year, in percent?
  28. 28.Rohan keeps ₹2000 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  29. 29.Meera keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 2 years?
  30. 30.₹1500 earns ₹165 simple interest in 1 year. What is the rate of interest per year, in percent?
  31. 31.Diya keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  32. 32.₹1500 earns ₹225 simple interest in 5 years. What is the rate of interest per year, in percent?
  33. 33.Meera keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 2 years?
  34. 34.Ishaan keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  35. 35.₹5000 earns ₹700 simple interest at 7% a year. For how many years was it kept?
  36. 36.₹1000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  37. 37.₹1000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  38. 38.₹2000 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  39. 39.Dev keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 4 years?
  40. 40.₹1000 earns ₹300 simple interest at 10% a year. For how many years was it kept?

Answer key

  1. 2
  2. 675
  3. 575
  4. 3
  5. 5
  6. 4
  7. 5200
  8. 240
  9. 100
  10. 680
  11. 880
  12. 1
  13. 320
  14. 750
  15. 5550
  16. 3660
  17. 9
  18. 5
  19. 1650
  20. 6
  21. 1
  22. 160
  23. 11
  24. 2040
  25. 4640
  26. 200
  27. 6
  28. 2800
  29. 640
  30. 11
  31. 3700
  32. 3
  33. 80
  34. 120
  35. 2
  36. 4
  37. 8
  38. 5
  39. 480
  40. 3

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