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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 225 · 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 ₹540 simple interest at 12% a year. For how many years was it kept?
  2. 2.₹500 earns ₹20 simple interest in 2 years. What is the rate of interest per year, in percent?
  3. 3.Dev keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Dev get in 2 years?
  4. 4.₹1000 earns ₹20 simple interest at 2% a year. For how many years was it kept?
  5. 5.Anaya keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  6. 6.Sara keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 1 year?
  7. 7.Meera keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 2 years?
  8. 8.Dev keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Dev get in 1 year?
  9. 9.₹3000 earns ₹900 simple interest in 3 years. What is the rate of interest per year, in percent?
  10. 10.Arjun keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  11. 11.₹2000 earns ₹540 simple interest at 9% a year. For how many years was it kept?
  12. 12.₹2000 earns ₹200 simple interest in 5 years. What is the rate of interest per year, in percent?
  13. 13.Meera keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 1 year?
  14. 14.₹1000 earns ₹300 simple interest at 10% a year. For how many years was it kept?
  15. 15.Kabir keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  16. 16.₹500 earns ₹70 simple interest at 7% a year. For how many years was it kept?
  17. 17.₹4000 earns ₹160 simple interest in 1 year. What is the rate of interest per year, in percent?
  18. 18.Anaya keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  19. 19.Rohan keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  20. 20.Rohan keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  21. 21.Dev keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Dev get in 3 years?
  22. 22.Anaya keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  23. 23.₹500 earns ₹300 simple interest at 12% a year. For how many years was it kept?
  24. 24.Dev keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 5 years?
  25. 25.Ishaan keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  26. 26.Anaya keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  27. 27.Riya keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  28. 28.₹500 earns ₹55 simple interest at 11% a year. For how many years was it kept?
  29. 29.Aarav keeps ₹2000 in a bank at 9% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  30. 30.₹2500 earns ₹150 simple interest in 3 years. What is the rate of interest per year, in percent?
  31. 31.Arjun keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  32. 32.Aarav keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  33. 33.Dev keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  34. 34.Kabir keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  35. 35.Riya keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  36. 36.₹1000 earns ₹400 simple interest at 10% a year. For how many years was it kept?
  37. 37.Kabir keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  38. 38.Anaya keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  39. 39.Sara keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Sara get in 1 year?
  40. 40.Ishaan keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?

Answer key

  1. 3
  2. 2
  3. 500
  4. 1
  5. 700
  6. 100
  7. 480
  8. 250
  9. 10
  10. 1200
  11. 3
  12. 2
  13. 80
  14. 3
  15. 675
  16. 2
  17. 4
  18. 60
  19. 750
  20. 400
  21. 150
  22. 3480
  23. 5
  24. 175
  25. 40
  26. 200
  27. 4360
  28. 1
  29. 180
  30. 2
  31. 1270
  32. 240
  33. 560
  34. 240
  35. 1060
  36. 4
  37. 4640
  38. 180
  39. 30
  40. 3180

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