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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 190 · 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 ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 2 years?
  2. 2.Diya keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  3. 3.Meera keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 1 year?
  4. 4.₹5000 earns ₹900 simple interest at 9% a year. For how many years was it kept?
  5. 5.₹4000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  6. 6.₹2000 earns ₹540 simple interest in 3 years. What is the rate of interest per year, in percent?
  7. 7.Meera keeps ₹5000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  8. 8.₹500 earns ₹90 simple interest in 2 years. What is the rate of interest per year, in percent?
  9. 9.Rohan keeps ₹2000 in a bank at 9% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  10. 10.₹2500 earns ₹675 simple interest at 9% a year. For how many years was it kept?
  11. 11.₹1000 earns ₹240 simple interest at 8% a year. For how many years was it kept?
  12. 12.Kabir keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  13. 13.Dev keeps ₹5000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  14. 14.₹1000 earns ₹360 simple interest at 12% a year. For how many years was it kept?
  15. 15.₹500 earns ₹120 simple interest at 8% a year. For how many years was it kept?
  16. 16.Sara keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  17. 17.Meera keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 4 years?
  18. 18.₹2500 earns ₹150 simple interest at 2% a year. For how many years was it kept?
  19. 19.₹1000 earns ₹280 simple interest at 7% a year. For how many years was it kept?
  20. 20.Rohan keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  21. 21.Sara keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Sara get in 4 years?
  22. 22.Sara keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  23. 23.Kabir keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  24. 24.₹2000 earns ₹80 simple interest in 2 years. What is the rate of interest per year, in percent?
  25. 25.₹1500 earns ₹360 simple interest in 2 years. What is the rate of interest per year, in percent?
  26. 26.Kabir keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  27. 27.Dev keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 3 years?
  28. 28.Rohan keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  29. 29.₹2500 earns ₹750 simple interest at 6% a year. For how many years was it kept?
  30. 30.Dev keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  31. 31.₹1500 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  32. 32.₹1000 earns ₹80 simple interest in 1 year. What is the rate of interest per year, in percent?
  33. 33.Ishaan keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  34. 34.Riya keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 3 years?
  35. 35.₹4000 earns ₹80 simple interest at 2% a year. For how many years was it kept?
  36. 36.₹500 earns ₹100 simple interest at 10% a year. For how many years was it kept?
  37. 37.₹1000 earns ₹400 simple interest at 10% a year. For how many years was it kept?
  38. 38.₹2000 earns ₹200 simple interest in 5 years. What is the rate of interest per year, in percent?
  39. 39.Diya keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  40. 40.Arjun keeps ₹1500 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?

Answer key

  1. 20
  2. 1650
  3. 240
  4. 2
  5. 3
  6. 9
  7. 5900
  8. 9
  9. 180
  10. 3
  11. 3
  12. 320
  13. 5450
  14. 3
  15. 3
  16. 2220
  17. 400
  18. 3
  19. 4
  20. 2000
  21. 800
  22. 1800
  23. 480
  24. 2
  25. 12
  26. 1400
  27. 840
  28. 60
  29. 5
  30. 1635
  31. 4
  32. 8
  33. 350
  34. 480
  35. 1
  36. 2
  37. 4
  38. 2
  39. 1060
  40. 2250

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