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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 20 · 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.Ishaan keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  2. 2.₹4000 earns ₹320 simple interest at 2% a year. For how many years was it kept?
  3. 3.₹4000 earns ₹800 simple interest in 2 years. What is the rate of interest per year, in percent?
  4. 4.₹1500 earns ₹150 simple interest at 10% a year. For how many years was it kept?
  5. 5.₹1000 earns ₹220 simple interest in 2 years. What is the rate of interest per year, in percent?
  6. 6.Kabir keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  7. 7.₹1000 earns ₹240 simple interest in 4 years. What is the rate of interest per year, in percent?
  8. 8.₹5000 earns ₹750 simple interest at 5% a year. For how many years was it kept?
  9. 9.Arjun keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  10. 10.Riya keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 3 years?
  11. 11.Aarav keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  12. 12.₹3000 earns ₹360 simple interest at 6% a year. For how many years was it kept?
  13. 13.₹2000 earns ₹120 simple interest at 6% a year. For how many years was it kept?
  14. 14.Meera keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 3 years?
  15. 15.Dev keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Dev get in 5 years?
  16. 16.₹2500 earns ₹625 simple interest in 5 years. What is the rate of interest per year, in percent?
  17. 17.₹1500 earns ₹60 simple interest at 4% a year. For how many years was it kept?
  18. 18.₹4000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  19. 19.Rohan keeps ₹2000 in a bank at 11% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  20. 20.₹5000 earns ₹400 simple interest in 1 year. What is the rate of interest per year, in percent?
  21. 21.Rohan keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  22. 22.₹1000 earns ₹300 simple interest at 6% a year. For how many years was it kept?
  23. 23.Dev keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  24. 24.Aarav keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  25. 25.Kabir keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  26. 26.₹3000 earns ₹360 simple interest at 3% a year. For how many years was it kept?
  27. 27.₹5000 earns ₹2400 simple interest at 12% a year. For how many years was it kept?
  28. 28.Sara keeps ₹5000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  29. 29.Aarav keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  30. 30.₹500 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  31. 31.₹1500 earns ₹330 simple interest in 2 years. What is the rate of interest per year, in percent?
  32. 32.Ishaan keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  33. 33.₹5000 earns ₹450 simple interest in 1 year. What is the rate of interest per year, in percent?
  34. 34.Anaya keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  35. 35.₹3000 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  36. 36.₹3000 earns ₹240 simple interest at 4% a year. For how many years was it kept?
  37. 37.Anaya keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  38. 38.Kabir keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  39. 39.Aarav keeps ₹5000 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  40. 40.Isha keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Isha get in 1 year?

Answer key

  1. 120
  2. 4
  3. 10
  4. 1
  5. 11
  6. 1040
  7. 6
  8. 3
  9. 5400
  10. 180
  11. 30
  12. 2
  13. 1
  14. 120
  15. 1375
  16. 5
  17. 1
  18. 3
  19. 660
  20. 8
  21. 1060
  22. 5
  23. 2480
  24. 400
  25. 160
  26. 4
  27. 4
  28. 6000
  29. 250
  30. 4
  31. 11
  32. 2875
  33. 9
  34. 80
  35. 2
  36. 2
  37. 50
  38. 180
  39. 1200
  40. 60

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