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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 18 · 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.₹1500 earns ₹30 simple interest at 2% a year. For how many years was it kept?
  2. 2.Arjun keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  3. 3.Dev keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  4. 4.Meera keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 2 years?
  5. 5.₹2500 earns ₹750 simple interest at 6% a year. For how many years was it kept?
  6. 6.Meera keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 3 years?
  7. 7.Aarav keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  8. 8.Sara keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Sara get in 4 years?
  9. 9.₹1500 earns ₹495 simple interest in 3 years. What is the rate of interest per year, in percent?
  10. 10.₹500 earns ₹120 simple interest in 4 years. What is the rate of interest per year, in percent?
  11. 11.₹2500 earns ₹225 simple interest in 3 years. What is the rate of interest per year, in percent?
  12. 12.₹2000 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  13. 13.Dev keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Dev get in 4 years?
  14. 14.₹2000 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  15. 15.Riya keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 3 years?
  16. 16.Aarav keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  17. 17.Aarav keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  18. 18.Riya keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  19. 19.₹1000 earns ₹200 simple interest at 4% a year. For how many years was it kept?
  20. 20.Arjun keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  21. 21.₹500 earns ₹140 simple interest at 7% a year. For how many years was it kept?
  22. 22.Riya keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  23. 23.₹1500 earns ₹180 simple interest at 6% a year. For how many years was it kept?
  24. 24.₹500 earns ₹70 simple interest at 7% a year. For how many years was it kept?
  25. 25.₹1000 earns ₹40 simple interest in 2 years. What is the rate of interest per year, in percent?
  26. 26.Dev keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 4 years?
  27. 27.Rohan keeps ₹2000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  28. 28.Diya keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  29. 29.Sara keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  30. 30.Rohan keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  31. 31.₹1500 earns ₹360 simple interest at 6% a year. For how many years was it kept?
  32. 32.₹4000 earns ₹440 simple interest in 1 year. What is the rate of interest per year, in percent?
  33. 33.₹2000 earns ₹900 simple interest at 9% a year. For how many years was it kept?
  34. 34.Meera keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  35. 35.Kabir keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  36. 36.Sara keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  37. 37.Diya keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 3 years?
  38. 38.₹2000 earns ₹560 simple interest at 7% a year. For how many years was it kept?
  39. 39.Rohan keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  40. 40.Rohan keeps ₹4000 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?

Answer key

  1. 1
  2. 480
  3. 1240
  4. 90
  5. 5
  6. 450
  7. 5150
  8. 180
  9. 11
  10. 6
  11. 3
  12. 1
  13. 800
  14. 1
  15. 720
  16. 500
  17. 4200
  18. 545
  19. 5
  20. 4480
  21. 4
  22. 725
  23. 2
  24. 2
  25. 2
  26. 960
  27. 2900
  28. 3840
  29. 3300
  30. 60
  31. 4
  32. 11
  33. 5
  34. 1240
  35. 1770
  36. 1100
  37. 90
  38. 4
  39. 40
  40. 5440

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