← Simple interest and the rate lesson New set →

Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 223 · 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.₹5000 earns ₹1350 simple interest at 9% a year. For how many years was it kept?
  2. 2.Riya keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Riya get in 1 year?
  3. 3.Aarav keeps ₹3000 in a bank at 7% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  4. 4.Sara keeps ₹4000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  5. 5.₹1000 earns ₹480 simple interest at 12% a year. For how many years was it kept?
  6. 6.Diya keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  7. 7.Isha keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 5 years?
  8. 8.₹1000 earns ₹150 simple interest in 5 years. What is the rate of interest per year, in percent?
  9. 9.₹500 earns ₹30 simple interest in 3 years. What is the rate of interest per year, in percent?
  10. 10.Meera keeps ₹1000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  11. 11.Dev keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 2 years?
  12. 12.Meera keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 5 years?
  13. 13.₹5000 earns ₹600 simple interest in 4 years. What is the rate of interest per year, in percent?
  14. 14.₹1000 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  15. 15.₹5000 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  16. 16.₹2500 earns ₹750 simple interest in 3 years. What is the rate of interest per year, in percent?
  17. 17.Anaya keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  18. 18.₹500 earns ₹120 simple interest at 6% a year. For how many years was it kept?
  19. 19.₹5000 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  20. 20.Isha keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  21. 21.Sara keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Sara get in 5 years?
  22. 22.₹2500 earns ₹1200 simple interest at 12% a year. For how many years was it kept?
  23. 23.Riya keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  24. 24.₹1500 earns ₹450 simple interest at 10% a year. For how many years was it kept?
  25. 25.Riya keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 2 years?
  26. 26.Kabir keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  27. 27.₹1500 earns ₹360 simple interest at 12% a year. For how many years was it kept?
  28. 28.Meera keeps ₹4000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  29. 29.₹3000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  30. 30.₹5000 earns ₹900 simple interest at 9% a year. For how many years was it kept?
  31. 31.Meera keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  32. 32.Dev keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  33. 33.₹1500 earns ₹45 simple interest in 1 year. What is the rate of interest per year, in percent?
  34. 34.Diya keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  35. 35.₹1500 earns ₹180 simple interest at 4% a year. For how many years was it kept?
  36. 36.Riya keeps ₹2000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  37. 37.₹1500 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  38. 38.Riya keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 5 years?
  39. 39.Kabir keeps ₹2500 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  40. 40.₹5000 earns ₹2250 simple interest at 9% a year. For how many years was it kept?

Answer key

  1. 3
  2. 350
  3. 1050
  4. 4880
  5. 4
  6. 1100
  7. 1250
  8. 3
  9. 2
  10. 1220
  11. 80
  12. 450
  13. 3
  14. 10
  15. 4
  16. 10
  17. 60
  18. 4
  19. 2
  20. 3100
  21. 2500
  22. 4
  23. 560
  24. 3
  25. 720
  26. 2160
  27. 2
  28. 4640
  29. 4
  30. 2
  31. 1650
  32. 1350
  33. 3
  34. 2700
  35. 3
  36. 2360
  37. 8
  38. 600
  39. 2725
  40. 5

Free percentage lessons, practice and worksheets at talentjr.in/how-to-calculate-percentage