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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 211 · 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.Diya keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Diya get in 1 year?
  2. 2.₹1500 earns ₹450 simple interest in 3 years. What is the rate of interest per year, in percent?
  3. 3.₹5000 earns ₹3000 simple interest at 12% a year. For how many years was it kept?
  4. 4.Sara keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Sara get in 2 years?
  5. 5.Aarav keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  6. 6.Aarav keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  7. 7.Sara keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Sara get in 5 years?
  8. 8.Isha keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  9. 9.₹4000 earns ₹1000 simple interest at 5% a year. For how many years was it kept?
  10. 10.₹1000 earns ₹70 simple interest at 7% a year. For how many years was it kept?
  11. 11.₹1500 earns ₹150 simple interest at 2% a year. For how many years was it kept?
  12. 12.Diya keeps ₹500 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  13. 13.₹1000 earns ₹100 simple interest in 5 years. What is the rate of interest per year, in percent?
  14. 14.₹3000 earns ₹840 simple interest at 7% a year. For how many years was it kept?
  15. 15.Ishaan keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  16. 16.Sara keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Sara get in 4 years?
  17. 17.₹500 earns ₹180 simple interest in 4 years. What is the rate of interest per year, in percent?
  18. 18.₹5000 earns ₹1800 simple interest in 4 years. What is the rate of interest per year, in percent?
  19. 19.Isha keeps ₹1500 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  20. 20.₹500 earns ₹250 simple interest at 10% a year. For how many years was it kept?
  21. 21.₹5000 earns ₹250 simple interest in 1 year. What is the rate of interest per year, in percent?
  22. 22.₹5000 earns ₹200 simple interest at 4% a year. For how many years was it kept?
  23. 23.Kabir keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  24. 24.₹1000 earns ₹280 simple interest at 7% a year. For how many years was it kept?
  25. 25.Sara keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Sara get in 5 years?
  26. 26.Isha keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Isha get in 4 years?
  27. 27.Rohan keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  28. 28.₹1500 earns ₹120 simple interest at 4% a year. For how many years was it kept?
  29. 29.₹5000 earns ₹350 simple interest at 7% a year. For how many years was it kept?
  30. 30.₹1500 earns ₹180 simple interest in 4 years. What is the rate of interest per year, in percent?
  31. 31.₹1500 earns ₹480 simple interest in 4 years. What is the rate of interest per year, in percent?
  32. 32.Aarav keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  33. 33.₹3000 earns ₹270 simple interest in 1 year. What is the rate of interest per year, in percent?
  34. 34.Diya keeps ₹1000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  35. 35.₹1000 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  36. 36.Aarav keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  37. 37.Sara keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Sara get in 4 years?
  38. 38.₹1000 earns ₹90 simple interest at 9% a year. For how many years was it kept?
  39. 39.Anaya keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  40. 40.Isha keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?

Answer key

  1. 240
  2. 10
  3. 5
  4. 180
  5. 1530
  6. 20
  7. 2400
  8. 1545
  9. 5
  10. 1
  11. 5
  12. 600
  13. 2
  14. 4
  15. 600
  16. 1320
  17. 9
  18. 9
  19. 1800
  20. 5
  21. 5
  22. 1
  23. 200
  24. 4
  25. 400
  26. 800
  27. 60
  28. 2
  29. 1
  30. 3
  31. 8
  32. 200
  33. 9
  34. 1240
  35. 10
  36. 40
  37. 640
  38. 1
  39. 180
  40. 3300

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