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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 22 · 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.Kabir keeps ₹5000 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  2. 2.₹1000 earns ₹250 simple interest in 5 years. What is the rate of interest per year, in percent?
  3. 3.₹4000 earns ₹960 simple interest in 3 years. What is the rate of interest per year, in percent?
  4. 4.₹5000 earns ₹1000 simple interest in 5 years. What is the rate of interest per year, in percent?
  5. 5.Aarav keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  6. 6.Dev keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 2 years?
  7. 7.Sara keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 5 years?
  8. 8.Ishaan keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  9. 9.₹4000 earns ₹960 simple interest in 2 years. What is the rate of interest per year, in percent?
  10. 10.₹1000 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  11. 11.Anaya keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  12. 12.Kabir keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  13. 13.Diya keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 1 year?
  14. 14.Meera keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  15. 15.Sara keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  16. 16.₹1000 earns ₹70 simple interest at 7% a year. For how many years was it kept?
  17. 17.Riya keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 4 years?
  18. 18.Kabir keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  19. 19.Arjun keeps ₹1500 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  20. 20.₹5000 earns ₹300 simple interest at 6% a year. For how many years was it kept?
  21. 21.₹4000 earns ₹1320 simple interest in 3 years. What is the rate of interest per year, in percent?
  22. 22.Isha keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Isha get in 5 years?
  23. 23.Kabir keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  24. 24.Sara keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 1 year?
  25. 25.₹500 earns ₹120 simple interest in 4 years. What is the rate of interest per year, in percent?
  26. 26.₹4000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  27. 27.Rohan keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  28. 28.₹1000 earns ₹350 simple interest at 7% a year. For how many years was it kept?
  29. 29.₹2500 earns ₹275 simple interest in 1 year. What is the rate of interest per year, in percent?
  30. 30.Aarav keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  31. 31.Riya keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 2 years?
  32. 32.Dev keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 3 years?
  33. 33.Anaya keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  34. 34.₹4000 earns ₹240 simple interest in 1 year. What is the rate of interest per year, in percent?
  35. 35.Arjun keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  36. 36.Dev keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 1 year?
  37. 37.₹2000 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  38. 38.Anaya keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  39. 39.Ishaan keeps ₹5000 in a bank at 12% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  40. 40.₹5000 earns ₹250 simple interest at 5% a year. For how many years was it kept?

Answer key

  1. 400
  2. 5
  3. 8
  4. 4
  5. 400
  6. 960
  7. 225
  8. 675
  9. 12
  10. 2
  11. 3120
  12. 900
  13. 330
  14. 1120
  15. 520
  16. 1
  17. 800
  18. 375
  19. 1590
  20. 1
  21. 11
  22. 550
  23. 150
  24. 40
  25. 6
  26. 3
  27. 5300
  28. 5
  29. 11
  30. 5000
  31. 480
  32. 315
  33. 160
  34. 6
  35. 45
  36. 200
  37. 3
  38. 375
  39. 1200
  40. 1

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