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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 224 · 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.₹2500 earns ₹225 simple interest at 9% a year. For how many years was it kept?
  2. 2.₹1000 earns ₹200 simple interest at 5% a year. For how many years was it kept?
  3. 3.Riya keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 4 years?
  4. 4.Ishaan keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  5. 5.Meera keeps ₹1500 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  6. 6.Riya keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  7. 7.Ishaan keeps ₹3000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  8. 8.Arjun keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  9. 9.₹3000 earns ₹270 simple interest in 1 year. What is the rate of interest per year, in percent?
  10. 10.₹3000 earns ₹900 simple interest at 6% a year. For how many years was it kept?
  11. 11.₹5000 earns ₹700 simple interest in 2 years. What is the rate of interest per year, in percent?
  12. 12.Meera keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  13. 13.₹1000 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  14. 14.Meera keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  15. 15.₹3000 earns ₹240 simple interest in 1 year. What is the rate of interest per year, in percent?
  16. 16.Aarav keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  17. 17.₹1000 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  18. 18.Meera keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  19. 19.₹500 earns ₹180 simple interest at 9% a year. For how many years was it kept?
  20. 20.Isha keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Isha get in 1 year?
  21. 21.Isha keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  22. 22.₹1500 earns ₹495 simple interest in 3 years. What is the rate of interest per year, in percent?
  23. 23.Sara keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  24. 24.₹1000 earns ₹80 simple interest at 2% a year. For how many years was it kept?
  25. 25.₹500 earns ₹110 simple interest in 2 years. What is the rate of interest per year, in percent?
  26. 26.Riya keeps ₹1000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  27. 27.Riya keeps ₹5000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  28. 28.₹5000 earns ₹1200 simple interest in 3 years. What is the rate of interest per year, in percent?
  29. 29.Rohan keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  30. 30.₹2000 earns ₹280 simple interest at 7% a year. For how many years was it kept?
  31. 31.₹4000 earns ₹1080 simple interest in 3 years. What is the rate of interest per year, in percent?
  32. 32.Kabir keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  33. 33.Ishaan keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  34. 34.₹1000 earns ₹20 simple interest at 2% a year. For how many years was it kept?
  35. 35.₹2000 earns ₹600 simple interest at 10% a year. For how many years was it kept?
  36. 36.₹1000 earns ₹220 simple interest in 2 years. What is the rate of interest per year, in percent?
  37. 37.Ishaan keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  38. 38.Ishaan keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  39. 39.₹2000 earns ₹200 simple interest at 5% a year. For how many years was it kept?
  40. 40.₹4000 earns ₹800 simple interest at 5% a year. For how many years was it kept?

Answer key

  1. 1
  2. 4
  3. 400
  4. 500
  5. 1830
  6. 3990
  7. 4440
  8. 15
  9. 9
  10. 5
  11. 7
  12. 1160
  13. 10
  14. 3500
  15. 8
  16. 3090
  17. 5
  18. 2220
  19. 4
  20. 300
  21. 4320
  22. 11
  23. 1100
  24. 4
  25. 11
  26. 1220
  27. 5500
  28. 8
  29. 120
  30. 2
  31. 9
  32. 700
  33. 1100
  34. 1
  35. 3
  36. 11
  37. 135
  38. 100
  39. 2
  40. 4

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