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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 165 · 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.Riya keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  2. 2.₹500 earns ₹120 simple interest in 3 years. What is the rate of interest per year, in percent?
  3. 3.Arjun keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  4. 4.₹1500 earns ₹135 simple interest at 3% a year. For how many years was it kept?
  5. 5.₹2000 earns ₹240 simple interest in 4 years. What is the rate of interest per year, in percent?
  6. 6.Dev keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Dev get in 4 years?
  7. 7.₹2000 earns ₹1000 simple interest in 5 years. What is the rate of interest per year, in percent?
  8. 8.Diya keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 1 year?
  9. 9.₹500 earns ₹75 simple interest at 5% a year. For how many years was it kept?
  10. 10.₹4000 earns ₹720 simple interest in 2 years. What is the rate of interest per year, in percent?
  11. 11.Meera keeps ₹500 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  12. 12.₹2500 earns ₹500 simple interest in 2 years. What is the rate of interest per year, in percent?
  13. 13.Dev keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  14. 14.₹3000 earns ₹270 simple interest in 1 year. What is the rate of interest per year, in percent?
  15. 15.₹5000 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  16. 16.₹5000 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  17. 17.Ishaan keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  18. 18.Riya keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  19. 19.₹1500 earns ₹420 simple interest in 4 years. What is the rate of interest per year, in percent?
  20. 20.₹1500 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  21. 21.Kabir keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  22. 22.₹1500 earns ₹360 simple interest at 8% a year. For how many years was it kept?
  23. 23.Riya keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  24. 24.Dev keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  25. 25.₹4000 earns ₹240 simple interest at 3% a year. For how many years was it kept?
  26. 26.₹500 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  27. 27.₹1000 earns ₹360 simple interest in 4 years. What is the rate of interest per year, in percent?
  28. 28.₹1000 earns ₹120 simple interest in 4 years. What is the rate of interest per year, in percent?
  29. 29.₹500 earns ₹25 simple interest in 1 year. What is the rate of interest per year, in percent?
  30. 30.Riya keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  31. 31.₹1500 earns ₹180 simple interest at 12% a year. For how many years was it kept?
  32. 32.₹1000 earns ₹100 simple interest in 5 years. What is the rate of interest per year, in percent?
  33. 33.Meera keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 5 years?
  34. 34.Meera keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 1 year?
  35. 35.Anaya keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  36. 36.Aarav keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  37. 37.₹500 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  38. 38.₹1500 earns ₹150 simple interest in 5 years. What is the rate of interest per year, in percent?
  39. 39.Isha keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  40. 40.₹5000 earns ₹400 simple interest in 4 years. What is the rate of interest per year, in percent?

Answer key

  1. 4800
  2. 8
  3. 500
  4. 3
  5. 3
  6. 600
  7. 10
  8. 60
  9. 3
  10. 9
  11. 650
  12. 10
  13. 3720
  14. 9
  15. 4
  16. 1
  17. 1200
  18. 550
  19. 7
  20. 10
  21. 120
  22. 3
  23. 2040
  24. 4480
  25. 2
  26. 12
  27. 9
  28. 3
  29. 5
  30. 2240
  31. 1
  32. 2
  33. 200
  34. 40
  35. 150
  36. 110
  37. 4
  38. 2
  39. 4200
  40. 2

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