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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 196 · 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.Arjun keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  2. 2.₹2500 earns ₹250 simple interest in 1 year. What is the rate of interest per year, in percent?
  3. 3.Anaya keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  4. 4.Kabir keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  5. 5.Isha keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Isha get in 1 year?
  6. 6.Meera keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  7. 7.₹5000 earns ₹600 simple interest at 6% a year. For how many years was it kept?
  8. 8.₹3000 earns ₹60 simple interest at 2% a year. For how many years was it kept?
  9. 9.₹3000 earns ₹120 simple interest at 4% a year. For how many years was it kept?
  10. 10.₹2000 earns ₹320 simple interest at 4% a year. For how many years was it kept?
  11. 11.Dev keeps ₹2500 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  12. 12.Riya keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 2 years?
  13. 13.Arjun keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  14. 14.₹2500 earns ₹250 simple interest at 5% a year. For how many years was it kept?
  15. 15.₹500 earns ₹40 simple interest in 2 years. What is the rate of interest per year, in percent?
  16. 16.Rohan keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  17. 17.Anaya keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  18. 18.₹4000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  19. 19.₹500 earns ₹90 simple interest in 3 years. What is the rate of interest per year, in percent?
  20. 20.₹2000 earns ₹1200 simple interest at 12% a year. For how many years was it kept?
  21. 21.₹4000 earns ₹240 simple interest in 3 years. What is the rate of interest per year, in percent?
  22. 22.Riya keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  23. 23.Dev keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  24. 24.Kabir keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  25. 25.₹2500 earns ₹450 simple interest in 3 years. What is the rate of interest per year, in percent?
  26. 26.₹2500 earns ₹225 simple interest at 3% a year. For how many years was it kept?
  27. 27.Isha keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Isha get in 2 years?
  28. 28.Sara keeps ₹2500 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  29. 29.₹2500 earns ₹275 simple interest at 11% a year. For how many years was it kept?
  30. 30.₹1500 earns ₹720 simple interest at 12% a year. For how many years was it kept?
  31. 31.₹2500 earns ₹500 simple interest in 2 years. What is the rate of interest per year, in percent?
  32. 32.₹2500 earns ₹200 simple interest in 1 year. What is the rate of interest per year, in percent?
  33. 33.Arjun keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  34. 34.Isha keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Isha get in 1 year?
  35. 35.₹1500 earns ₹210 simple interest at 7% a year. For how many years was it kept?
  36. 36.₹2500 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  37. 37.Aarav keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  38. 38.Rohan keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  39. 39.Diya keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Diya get in 2 years?
  40. 40.Anaya keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Anaya get in 1 year?

Answer key

  1. 50
  2. 10
  3. 400
  4. 75
  5. 120
  6. 2650
  7. 2
  8. 1
  9. 1
  10. 4
  11. 3125
  12. 900
  13. 40
  14. 2
  15. 4
  16. 400
  17. 1400
  18. 3
  19. 6
  20. 5
  21. 2
  22. 2220
  23. 1635
  24. 300
  25. 6
  26. 3
  27. 90
  28. 3025
  29. 1
  30. 4
  31. 10
  32. 8
  33. 440
  34. 330
  35. 2
  36. 6
  37. 80
  38. 100
  39. 100
  40. 200

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