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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 216 · 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 ₹250 simple interest in 5 years. What is the rate of interest per year, in percent?
  2. 2.₹1000 earns ₹330 simple interest in 3 years. What is the rate of interest per year, in percent?
  3. 3.Ishaan keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  4. 4.Ishaan keeps ₹1500 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  5. 5.₹1000 earns ₹240 simple interest in 3 years. What is the rate of interest per year, in percent?
  6. 6.₹500 earns ₹250 simple interest in 5 years. What is the rate of interest per year, in percent?
  7. 7.Dev keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 3 years?
  8. 8.Meera keeps ₹3000 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 3 years?
  9. 9.Arjun keeps ₹4000 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  10. 10.Anaya keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  11. 11.₹3000 earns ₹240 simple interest at 4% a year. For how many years was it kept?
  12. 12.₹1500 earns ₹480 simple interest at 8% a year. For how many years was it kept?
  13. 13.₹500 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  14. 14.Sara keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 1 year?
  15. 15.₹5000 earns ₹1350 simple interest in 3 years. What is the rate of interest per year, in percent?
  16. 16.₹2500 earns ₹150 simple interest in 2 years. What is the rate of interest per year, in percent?
  17. 17.₹2000 earns ₹660 simple interest at 11% a year. For how many years was it kept?
  18. 18.₹5000 earns ₹1000 simple interest at 4% a year. For how many years was it kept?
  19. 19.Rohan keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  20. 20.Arjun keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  21. 21.Anaya keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  22. 22.₹2500 earns ₹200 simple interest in 1 year. What is the rate of interest per year, in percent?
  23. 23.₹4000 earns ₹480 simple interest at 4% a year. For how many years was it kept?
  24. 24.₹1500 earns ₹270 simple interest at 9% a year. For how many years was it kept?
  25. 25.Sara keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 1 year?
  26. 26.₹1000 earns ₹350 simple interest at 7% a year. For how many years was it kept?
  27. 27.₹2000 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  28. 28.₹4000 earns ₹1440 simple interest at 12% a year. For how many years was it kept?
  29. 29.Ishaan keeps ₹2500 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  30. 30.Meera keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  31. 31.Ishaan keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  32. 32.₹1500 earns ₹495 simple interest at 11% a year. For how many years was it kept?
  33. 33.Dev keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Dev get in 5 years?
  34. 34.Riya keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  35. 35.Riya keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 3 years?
  36. 36.₹5000 earns ₹600 simple interest at 12% a year. For how many years was it kept?
  37. 37.Rohan keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  38. 38.Arjun keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  39. 39.₹1000 earns ₹80 simple interest in 4 years. What is the rate of interest per year, in percent?
  40. 40.₹500 earns ₹140 simple interest at 7% a year. For how many years was it kept?

Answer key

  1. 2
  2. 11
  3. 100
  4. 1800
  5. 8
  6. 10
  7. 840
  8. 630
  9. 5320
  10. 1180
  11. 2
  12. 4
  13. 12
  14. 100
  15. 9
  16. 3
  17. 3
  18. 5
  19. 1200
  20. 960
  21. 2250
  22. 8
  23. 3
  24. 2
  25. 80
  26. 5
  27. 1
  28. 3
  29. 3000
  30. 1620
  31. 240
  32. 3
  33. 1250
  34. 2600
  35. 720
  36. 1
  37. 300
  38. 180
  39. 2
  40. 4

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