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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 204 · 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.Anaya keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  2. 2.₹2000 earns ₹320 simple interest in 4 years. What is the rate of interest per year, in percent?
  3. 3.₹4000 earns ₹360 simple interest at 9% a year. For how many years was it kept?
  4. 4.Arjun keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  5. 5.Kabir keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  6. 6.Aarav keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  7. 7.₹2500 earns ₹350 simple interest in 2 years. What is the rate of interest per year, in percent?
  8. 8.₹1000 earns ₹60 simple interest at 3% a year. For how many years was it kept?
  9. 9.₹5000 earns ₹750 simple interest in 3 years. What is the rate of interest per year, in percent?
  10. 10.₹500 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  11. 11.Isha keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  12. 12.₹4000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  13. 13.Isha keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Isha get in 2 years?
  14. 14.₹1000 earns ₹60 simple interest in 3 years. What is the rate of interest per year, in percent?
  15. 15.₹5000 earns ₹700 simple interest at 7% a year. For how many years was it kept?
  16. 16.Rohan keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  17. 17.Aarav keeps ₹4000 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  18. 18.Diya keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Diya get in 1 year?
  19. 19.Meera keeps ₹3000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  20. 20.₹2000 earns ₹720 simple interest in 4 years. What is the rate of interest per year, in percent?
  21. 21.₹1000 earns ₹100 simple interest at 5% a year. For how many years was it kept?
  22. 22.₹4000 earns ₹80 simple interest in 1 year. What is the rate of interest per year, in percent?
  23. 23.₹1000 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  24. 24.₹500 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  25. 25.₹1500 earns ₹270 simple interest at 9% a year. For how many years was it kept?
  26. 26.Ishaan keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  27. 27.Anaya keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  28. 28.Arjun keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  29. 29.Meera keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Meera get in 1 year?
  30. 30.Aarav keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  31. 31.₹500 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  32. 32.Sara keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Sara get in 3 years?
  33. 33.Anaya keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  34. 34.Riya keeps ₹1000 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  35. 35.₹5000 earns ₹2250 simple interest at 9% a year. For how many years was it kept?
  36. 36.₹1000 earns ₹360 simple interest at 9% a year. For how many years was it kept?
  37. 37.₹2500 earns ₹225 simple interest at 9% a year. For how many years was it kept?
  38. 38.₹1000 earns ₹220 simple interest in 2 years. What is the rate of interest per year, in percent?
  39. 39.₹2500 earns ₹600 simple interest in 3 years. What is the rate of interest per year, in percent?
  40. 40.₹500 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?

Answer key

  1. 240
  2. 4
  3. 1
  4. 200
  5. 4240
  6. 480
  7. 7
  8. 2
  9. 5
  10. 12
  11. 4840
  12. 3
  13. 40
  14. 2
  15. 2
  16. 1680
  17. 4800
  18. 60
  19. 4440
  20. 9
  21. 2
  22. 2
  23. 2
  24. 4
  25. 2
  26. 300
  27. 900
  28. 1500
  29. 60
  30. 280
  31. 4
  32. 360
  33. 3000
  34. 1360
  35. 5
  36. 4
  37. 1
  38. 11
  39. 8
  40. 8

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