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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 218 · 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 ₹45 simple interest at 3% a year. For how many years was it kept?
  2. 2.₹1000 earns ₹360 simple interest at 12% a year. For how many years was it kept?
  3. 3.Riya keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 1 year?
  4. 4.Isha keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  5. 5.₹1500 earns ₹90 simple interest in 1 year. What is the rate of interest per year, in percent?
  6. 6.Ishaan keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  7. 7.Kabir keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  8. 8.₹1500 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  9. 9.₹2000 earns ₹660 simple interest in 3 years. What is the rate of interest per year, in percent?
  10. 10.Meera keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 2 years?
  11. 11.Sara keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Sara get in 4 years?
  12. 12.₹500 earns ₹10 simple interest in 1 year. What is the rate of interest per year, in percent?
  13. 13.Rohan keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  14. 14.₹1500 earns ₹150 simple interest at 5% a year. For how many years was it kept?
  15. 15.Diya keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Diya get in 4 years?
  16. 16.Ishaan keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  17. 17.₹5000 earns ₹500 simple interest at 5% a year. For how many years was it kept?
  18. 18.Kabir keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  19. 19.Ishaan keeps ₹2500 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  20. 20.Sara keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Sara get in 4 years?
  21. 21.₹4000 earns ₹1000 simple interest in 5 years. What is the rate of interest per year, in percent?
  22. 22.Riya keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  23. 23.Isha keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Isha get in 1 year?
  24. 24.₹1500 earns ₹270 simple interest at 6% a year. For how many years was it kept?
  25. 25.Rohan keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  26. 26.Dev keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 2 years?
  27. 27.₹4000 earns ₹800 simple interest at 4% a year. For how many years was it kept?
  28. 28.₹2500 earns ₹300 simple interest in 2 years. What is the rate of interest per year, in percent?
  29. 29.₹1000 earns ₹70 simple interest in 1 year. What is the rate of interest per year, in percent?
  30. 30.Isha keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 4 years?
  31. 31.₹4000 earns ₹560 simple interest in 2 years. What is the rate of interest per year, in percent?
  32. 32.Aarav keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  33. 33.₹1000 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  34. 34.Riya keeps ₹2000 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  35. 35.Isha keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  36. 36.₹500 earns ₹140 simple interest in 4 years. What is the rate of interest per year, in percent?
  37. 37.Ishaan keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  38. 38.₹2000 earns ₹600 simple interest at 10% a year. For how many years was it kept?
  39. 39.₹5000 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  40. 40.₹3000 earns ₹300 simple interest at 2% a year. For how many years was it kept?

Answer key

  1. 1
  2. 3
  3. 150
  4. 540
  5. 6
  6. 2000
  7. 90
  8. 8
  9. 11
  10. 90
  11. 400
  12. 2
  13. 60
  14. 2
  15. 600
  16. 1060
  17. 2
  18. 135
  19. 3125
  20. 600
  21. 5
  22. 1080
  23. 240
  24. 3
  25. 15
  26. 200
  27. 5
  28. 6
  29. 7
  30. 1000
  31. 7
  32. 560
  33. 2
  34. 2720
  35. 2480
  36. 7
  37. 210
  38. 3
  39. 2
  40. 5

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