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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 201 · 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.₹2500 earns ₹600 simple interest at 8% a year. For how many years was it kept?
  2. 2.Meera keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 2 years?
  3. 3.₹1000 earns ₹20 simple interest in 1 year. What is the rate of interest per year, in percent?
  4. 4.Meera keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 4 years?
  5. 5.Sara keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 2 years?
  6. 6.Aarav keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  7. 7.₹500 earns ₹200 simple interest in 5 years. What is the rate of interest per year, in percent?
  8. 8.₹1000 earns ₹350 simple interest in 5 years. What is the rate of interest per year, in percent?
  9. 9.Aarav keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  10. 10.₹4000 earns ₹480 simple interest at 4% a year. For how many years was it kept?
  11. 11.Diya keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  12. 12.Meera keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  13. 13.Dev keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  14. 14.₹1500 earns ₹120 simple interest in 4 years. What is the rate of interest per year, in percent?
  15. 15.Sara keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 3 years?
  16. 16.Sara keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Sara get in 2 years?
  17. 17.₹2000 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  18. 18.Riya keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  19. 19.Kabir keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  20. 20.₹3000 earns ₹600 simple interest in 2 years. What is the rate of interest per year, in percent?
  21. 21.₹4000 earns ₹1440 simple interest at 12% a year. For how many years was it kept?
  22. 22.₹500 earns ₹45 simple interest in 3 years. What is the rate of interest per year, in percent?
  23. 23.Riya keeps ₹1500 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  24. 24.₹3000 earns ₹1200 simple interest in 4 years. What is the rate of interest per year, in percent?
  25. 25.₹500 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  26. 26.Kabir keeps ₹4000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  27. 27.Aarav keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  28. 28.Meera keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  29. 29.₹4000 earns ₹1280 simple interest at 8% a year. For how many years was it kept?
  30. 30.₹500 earns ₹220 simple interest in 4 years. What is the rate of interest per year, in percent?
  31. 31.Riya keeps ₹1500 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  32. 32.₹4000 earns ₹400 simple interest at 10% a year. For how many years was it kept?
  33. 33.Sara keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  34. 34.₹5000 earns ₹750 simple interest at 3% a year. For how many years was it kept?
  35. 35.Ishaan keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  36. 36.₹3000 earns ₹840 simple interest in 4 years. What is the rate of interest per year, in percent?
  37. 37.₹3000 earns ₹810 simple interest at 9% a year. For how many years was it kept?
  38. 38.Meera keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Meera get in 2 years?
  39. 39.₹4000 earns ₹560 simple interest at 7% a year. For how many years was it kept?
  40. 40.Meera keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?

Answer key

  1. 3
  2. 480
  3. 2
  4. 320
  5. 100
  6. 200
  7. 8
  8. 7
  9. 3180
  10. 3
  11. 3960
  12. 5150
  13. 3250
  14. 2
  15. 60
  16. 560
  17. 1
  18. 2400
  19. 675
  20. 10
  21. 3
  22. 3
  23. 1875
  24. 10
  25. 12
  26. 4360
  27. 1635
  28. 540
  29. 4
  30. 11
  31. 1950
  32. 1
  33. 3100
  34. 5
  35. 3600
  36. 7
  37. 3
  38. 120
  39. 2
  40. 2600

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