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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 220 · 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 ₹500 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  2. 2.₹4000 earns ₹1200 simple interest at 6% a year. For how many years was it kept?
  3. 3.Diya keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  4. 4.₹1500 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  5. 5.₹2000 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  6. 6.₹500 earns ₹80 simple interest in 4 years. What is the rate of interest per year, in percent?
  7. 7.Riya keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 1 year?
  8. 8.Meera keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 1 year?
  9. 9.Meera keeps ₹500 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  10. 10.Rohan keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  11. 11.₹3000 earns ₹210 simple interest at 7% a year. For how many years was it kept?
  12. 12.₹500 earns ₹110 simple interest at 11% a year. For how many years was it kept?
  13. 13.Isha keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  14. 14.₹1500 earns ₹120 simple interest at 2% a year. For how many years was it kept?
  15. 15.₹2500 earns ₹1000 simple interest in 4 years. What is the rate of interest per year, in percent?
  16. 16.Diya keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Diya get in 2 years?
  17. 17.₹500 earns ₹55 simple interest at 11% a year. For how many years was it kept?
  18. 18.₹1500 earns ₹360 simple interest at 6% a year. For how many years was it kept?
  19. 19.₹5000 earns ₹2750 simple interest at 11% a year. For how many years was it kept?
  20. 20.₹1000 earns ₹480 simple interest at 12% a year. For how many years was it kept?
  21. 21.Aarav keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  22. 22.₹5000 earns ₹700 simple interest in 2 years. What is the rate of interest per year, in percent?
  23. 23.Kabir keeps ₹500 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  24. 24.₹5000 earns ₹600 simple interest in 3 years. What is the rate of interest per year, in percent?
  25. 25.Arjun keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  26. 26.Arjun keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  27. 27.₹3000 earns ₹420 simple interest in 2 years. What is the rate of interest per year, in percent?
  28. 28.Meera keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 1 year?
  29. 29.₹1000 earns ₹150 simple interest at 5% a year. For how many years was it kept?
  30. 30.₹4000 earns ₹720 simple interest at 9% a year. For how many years was it kept?
  31. 31.₹1500 earns ₹90 simple interest at 6% a year. For how many years was it kept?
  32. 32.Aarav keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  33. 33.Meera keeps ₹2500 in a bank at 6% simple interest a year. How many rupees of interest does Meera get in 2 years?
  34. 34.₹2000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  35. 35.Anaya keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  36. 36.Rohan keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Rohan 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.Rohan keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  39. 39.₹1500 earns ₹180 simple interest at 4% a year. For how many years was it kept?
  40. 40.₹4000 earns ₹2000 simple interest in 5 years. What is the rate of interest per year, in percent?

Answer key

  1. 800
  2. 5
  3. 560
  4. 4
  5. 5
  6. 4
  7. 100
  8. 80
  9. 650
  10. 40
  11. 1
  12. 2
  13. 6050
  14. 4
  15. 10
  16. 350
  17. 1
  18. 4
  19. 5
  20. 4
  21. 280
  22. 7
  23. 590
  24. 4
  25. 1650
  26. 2700
  27. 7
  28. 300
  29. 3
  30. 2
  31. 1
  32. 40
  33. 300
  34. 4
  35. 4050
  36. 200
  37. 3
  38. 180
  39. 3
  40. 10

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