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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 202 · 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.₹1500 earns ₹180 simple interest at 6% a year. For how many years was it kept?
  2. 2.₹4000 earns ₹800 simple interest in 4 years. What is the rate of interest per year, in percent?
  3. 3.₹5000 earns ₹1100 simple interest at 11% a year. For how many years was it kept?
  4. 4.Rohan keeps ₹5000 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  5. 5.Riya keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 4 years?
  6. 6.Riya keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  7. 7.Anaya keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  8. 8.₹1500 earns ₹720 simple interest at 12% a year. For how many years was it kept?
  9. 9.₹2500 earns ₹225 simple interest in 3 years. What is the rate of interest per year, in percent?
  10. 10.₹2500 earns ₹550 simple interest at 11% a year. For how many years was it kept?
  11. 11.Arjun keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  12. 12.₹1000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  13. 13.₹500 earns ₹90 simple interest at 6% a year. For how many years was it kept?
  14. 14.Rohan keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  15. 15.Ishaan keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  16. 16.Diya keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  17. 17.₹2000 earns ₹480 simple interest in 3 years. What is the rate of interest per year, in percent?
  18. 18.Anaya keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  19. 19.Meera keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 1 year?
  20. 20.₹2000 earns ₹280 simple interest in 2 years. What is the rate of interest per year, in percent?
  21. 21.Meera keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 3 years?
  22. 22.Meera keeps ₹3000 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  23. 23.₹1000 earns ₹350 simple interest at 7% a year. For how many years was it kept?
  24. 24.Dev keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 2 years?
  25. 25.₹2000 earns ₹800 simple interest in 5 years. What is the rate of interest per year, in percent?
  26. 26.₹2500 earns ₹900 simple interest at 12% a year. For how many years was it kept?
  27. 27.Anaya keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  28. 28.₹4000 earns ₹960 simple interest in 4 years. What is the rate of interest per year, in percent?
  29. 29.₹4000 earns ₹1280 simple interest at 8% a year. For how many years was it kept?
  30. 30.Ishaan keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  31. 31.Meera keeps ₹4000 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  32. 32.Ishaan keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  33. 33.₹2500 earns ₹1000 simple interest at 8% a year. For how many years was it kept?
  34. 34.Meera keeps ₹4000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  35. 35.Aarav keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  36. 36.₹1000 earns ₹180 simple interest in 2 years. What is the rate of interest per year, in percent?
  37. 37.₹500 earns ₹180 simple interest in 4 years. What is the rate of interest per year, in percent?
  38. 38.₹2000 earns ₹80 simple interest at 2% a year. For how many years was it kept?
  39. 39.₹1000 earns ₹80 simple interest at 8% a year. For how many years was it kept?
  40. 40.₹2000 earns ₹200 simple interest in 1 year. What is the rate of interest per year, in percent?

Answer key

  1. 2
  2. 5
  3. 2
  4. 7750
  5. 720
  6. 1180
  7. 5200
  8. 4
  9. 3
  10. 2
  11. 1240
  12. 12
  13. 3
  14. 600
  15. 150
  16. 1150
  17. 8
  18. 1160
  19. 50
  20. 7
  21. 1440
  22. 4080
  23. 5
  24. 480
  25. 8
  26. 3
  27. 1250
  28. 6
  29. 4
  30. 60
  31. 4960
  32. 150
  33. 5
  34. 5920
  35. 20
  36. 9
  37. 9
  38. 2
  39. 1
  40. 10

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