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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 2 · 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.₹500 earns ₹90 simple interest at 6% a year. For how many years was it kept?
  2. 2.Kabir keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  3. 3.Meera keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 3 years?
  4. 4.Rohan keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  5. 5.Kabir keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  6. 6.₹2500 earns ₹375 simple interest at 5% a year. For how many years was it kept?
  7. 7.Aarav keeps ₹5000 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  8. 8.Meera keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  9. 9.₹1000 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  10. 10.Diya keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Diya get in 5 years?
  11. 11.Anaya keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  12. 12.Aarav keeps ₹2500 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  13. 13.₹500 earns ₹40 simple interest in 4 years. What is the rate of interest per year, in percent?
  14. 14.Ishaan keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  15. 15.₹1000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  16. 16.Diya keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Diya get in 4 years?
  17. 17.Ishaan keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  18. 18.Rohan keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  19. 19.₹2000 earns ₹480 simple interest at 8% a year. For how many years was it kept?
  20. 20.₹2000 earns ₹400 simple interest at 10% a year. For how many years was it kept?
  21. 21.₹1000 earns ₹80 simple interest at 8% a year. For how many years was it kept?
  22. 22.₹3000 earns ₹360 simple interest in 4 years. What is the rate of interest per year, in percent?
  23. 23.₹2000 earns ₹480 simple interest in 2 years. What is the rate of interest per year, in percent?
  24. 24.Meera keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 2 years?
  25. 25.₹3000 earns ₹150 simple interest at 5% a year. For how many years was it kept?
  26. 26.₹1000 earns ₹110 simple interest in 1 year. What is the rate of interest per year, in percent?
  27. 27.Riya keeps ₹3000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  28. 28.Ishaan keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  29. 29.₹2500 earns ₹1100 simple interest in 4 years. What is the rate of interest per year, in percent?
  30. 30.₹2000 earns ₹280 simple interest at 7% a year. For how many years was it kept?
  31. 31.Diya keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  32. 32.Meera keeps ₹2500 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  33. 33.Rohan keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  34. 34.₹4000 earns ₹320 simple interest at 2% a year. For how many years was it kept?
  35. 35.₹2000 earns ₹80 simple interest at 2% a year. For how many years was it kept?
  36. 36.₹2000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  37. 37.₹3000 earns ₹810 simple interest in 3 years. What is the rate of interest per year, in percent?
  38. 38.Arjun keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  39. 39.Dev keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 2 years?
  40. 40.₹1000 earns ₹550 simple interest at 11% a year. For how many years was it kept?

Answer key

  1. 3
  2. 3250
  3. 315
  4. 4320
  5. 3900
  6. 3
  7. 7000
  8. 4650
  9. 2
  10. 250
  11. 40
  12. 2750
  13. 2
  14. 1360
  15. 8
  16. 100
  17. 20
  18. 1000
  19. 3
  20. 2
  21. 1
  22. 3
  23. 12
  24. 240
  25. 1
  26. 11
  27. 4440
  28. 560
  29. 11
  30. 2
  31. 2200
  32. 2850
  33. 2800
  34. 4
  35. 2
  36. 6
  37. 9
  38. 2200
  39. 280
  40. 5

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