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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 169 · 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 ₹480 simple interest at 4% a year. For how many years was it kept?
  2. 2.Aarav keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  3. 3.Arjun keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  4. 4.₹5000 earns ₹1200 simple interest in 3 years. What is the rate of interest per year, in percent?
  5. 5.Diya keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Diya get in 1 year?
  6. 6.Sara keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Sara get in 3 years?
  7. 7.Arjun keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  8. 8.Diya keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  9. 9.₹2500 earns ₹125 simple interest in 1 year. What is the rate of interest per year, in percent?
  10. 10.Aarav keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  11. 11.₹500 earns ₹200 simple interest at 10% a year. For how many years was it kept?
  12. 12.₹3000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  13. 13.Meera keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  14. 14.Riya keeps ₹5000 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 1 year?
  15. 15.Sara keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  16. 16.₹1500 earns ₹360 simple interest in 4 years. What is the rate of interest per year, in percent?
  17. 17.₹2000 earns ₹480 simple interest at 6% a year. For how many years was it kept?
  18. 18.₹4000 earns ₹1920 simple interest at 12% a year. For how many years was it kept?
  19. 19.Arjun keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  20. 20.₹5000 earns ₹600 simple interest in 3 years. What is the rate of interest per year, in percent?
  21. 21.Rohan keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  22. 22.₹1000 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  23. 23.Sara keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Sara get in 4 years?
  24. 24.Arjun keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  25. 25.₹5000 earns ₹500 simple interest in 5 years. What is the rate of interest per year, in percent?
  26. 26.₹1500 earns ₹315 simple interest in 3 years. What is the rate of interest per year, in percent?
  27. 27.₹4000 earns ₹480 simple interest at 12% a year. For how many years was it kept?
  28. 28.Meera keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 2 years?
  29. 29.₹2500 earns ₹250 simple interest at 2% a year. For how many years was it kept?
  30. 30.₹4000 earns ₹640 simple interest in 4 years. What is the rate of interest per year, in percent?
  31. 31.Isha keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Isha get in 1 year?
  32. 32.Diya keeps ₹1000 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  33. 33.₹1500 earns ₹270 simple interest in 2 years. What is the rate of interest per year, in percent?
  34. 34.Anaya keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  35. 35.Sara keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Sara get in 4 years?
  36. 36.₹2000 earns ₹240 simple interest at 3% a year. For how many years was it kept?
  37. 37.Dev keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Dev get in 2 years?
  38. 38.₹4000 earns ₹240 simple interest in 3 years. What is the rate of interest per year, in percent?
  39. 39.Aarav keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  40. 40.₹2000 earns ₹200 simple interest at 2% a year. For how many years was it kept?

Answer key

  1. 4
  2. 1545
  3. 320
  4. 8
  5. 270
  6. 225
  7. 4200
  8. 2900
  9. 5
  10. 100
  11. 4
  12. 2
  13. 6000
  14. 600
  15. 1100
  16. 6
  17. 4
  18. 4
  19. 480
  20. 4
  21. 160
  22. 5
  23. 480
  24. 2650
  25. 2
  26. 7
  27. 1
  28. 500
  29. 5
  30. 4
  31. 320
  32. 1550
  33. 9
  34. 4720
  35. 1120
  36. 4
  37. 330
  38. 2
  39. 160
  40. 5

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