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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 217 · 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.₹1000 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  2. 2.Sara keeps ₹4000 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  3. 3.₹1500 earns ₹450 simple interest in 3 years. What is the rate of interest per year, in percent?
  4. 4.₹2500 earns ₹175 simple interest in 1 year. What is the rate of interest per year, in percent?
  5. 5.Rohan keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  6. 6.Riya keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  7. 7.₹1500 earns ₹540 simple interest at 9% a year. For how many years was it kept?
  8. 8.₹2000 earns ₹160 simple interest in 4 years. What is the rate of interest per year, in percent?
  9. 9.₹500 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  10. 10.Sara keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Sara get in 5 years?
  11. 11.₹2000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  12. 12.₹1500 earns ₹180 simple interest in 2 years. What is the rate of interest per year, in percent?
  13. 13.Anaya keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  14. 14.Anaya keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  15. 15.Kabir keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  16. 16.₹2000 earns ₹160 simple interest at 4% a year. For how many years was it kept?
  17. 17.₹4000 earns ₹480 simple interest at 3% a year. For how many years was it kept?
  18. 18.₹3000 earns ₹720 simple interest at 8% a year. For how many years was it kept?
  19. 19.₹5000 earns ₹1000 simple interest in 4 years. What is the rate of interest per year, in percent?
  20. 20.₹500 earns ₹220 simple interest in 4 years. What is the rate of interest per year, in percent?
  21. 21.₹4000 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  22. 22.₹1500 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  23. 23.Ishaan keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  24. 24.₹1000 earns ₹180 simple interest at 9% a year. For how many years was it kept?
  25. 25.Kabir keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  26. 26.₹4000 earns ₹240 simple interest at 6% a year. For how many years was it kept?
  27. 27.Dev keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  28. 28.Meera keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 5 years?
  29. 29.Anaya keeps ₹500 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  30. 30.Meera keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  31. 31.₹500 earns ₹35 simple interest at 7% a year. For how many years was it kept?
  32. 32.Isha keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Isha get in 5 years?
  33. 33.₹1500 earns ₹180 simple interest in 1 year. What is the rate of interest per year, in percent?
  34. 34.Isha keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Isha get in 3 years?
  35. 35.Arjun keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  36. 36.₹1500 earns ₹180 simple interest in 4 years. What is the rate of interest per year, in percent?
  37. 37.Dev keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  38. 38.₹4000 earns ₹360 simple interest at 9% a year. For how many years was it kept?
  39. 39.₹5000 earns ₹1250 simple interest in 5 years. What is the rate of interest per year, in percent?
  40. 40.₹5000 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?

Answer key

  1. 2
  2. 5440
  3. 10
  4. 7
  5. 300
  6. 2575
  7. 4
  8. 2
  9. 4
  10. 600
  11. 6
  12. 6
  13. 100
  14. 3630
  15. 2175
  16. 2
  17. 4
  18. 3
  19. 5
  20. 11
  21. 5
  22. 10
  23. 4800
  24. 2
  25. 1120
  26. 1
  27. 3090
  28. 250
  29. 550
  30. 1150
  31. 1
  32. 1000
  33. 12
  34. 315
  35. 600
  36. 3
  37. 1180
  38. 1
  39. 5
  40. 4

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