← Simple interest and the rate lesson New set →

Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 226 · 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.₹500 earns ₹75 simple interest at 5% a year. For how many years was it kept?
  2. 2.Meera keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 1 year?
  3. 3.₹1000 earns ₹400 simple interest at 10% a year. For how many years was it kept?
  4. 4.₹3000 earns ₹90 simple interest at 3% a year. For how many years was it kept?
  5. 5.Diya keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Diya get in 1 year?
  6. 6.₹2000 earns ₹700 simple interest at 7% a year. For how many years was it kept?
  7. 7.Anaya keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  8. 8.Aarav keeps ₹2000 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  9. 9.₹500 earns ₹10 simple interest at 2% a year. For how many years was it kept?
  10. 10.₹2500 earns ₹625 simple interest in 5 years. What is the rate of interest per year, in percent?
  11. 11.₹4000 earns ₹480 simple interest at 6% a year. For how many years was it kept?
  12. 12.₹4000 earns ₹440 simple interest in 1 year. What is the rate of interest per year, in percent?
  13. 13.₹4000 earns ₹800 simple interest at 5% a year. For how many years was it kept?
  14. 14.Kabir keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  15. 15.₹1500 earns ₹540 simple interest at 12% a year. For how many years was it kept?
  16. 16.₹1500 earns ₹120 simple interest at 2% a year. For how many years was it kept?
  17. 17.Aarav keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  18. 18.₹2500 earns ₹75 simple interest at 3% a year. For how many years was it kept?
  19. 19.Meera keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 3 years?
  20. 20.Ishaan keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  21. 21.₹1000 earns ₹200 simple interest in 5 years. What is the rate of interest per year, in percent?
  22. 22.₹4000 earns ₹720 simple interest at 6% a year. For how many years was it kept?
  23. 23.Dev keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Dev get in 5 years?
  24. 24.Rohan keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  25. 25.Rohan keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  26. 26.₹1000 earns ₹100 simple interest at 5% a year. For how many years was it kept?
  27. 27.Arjun keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  28. 28.Aarav keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  29. 29.₹2000 earns ₹80 simple interest at 2% a year. For how many years was it kept?
  30. 30.₹1000 earns ₹240 simple interest in 4 years. What is the rate of interest per year, in percent?
  31. 31.₹2500 earns ₹225 simple interest at 3% a year. For how many years was it kept?
  32. 32.Meera keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 3 years?
  33. 33.₹500 earns ₹35 simple interest at 7% a year. For how many years was it kept?
  34. 34.Diya keeps ₹500 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  35. 35.Dev keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Dev get in 1 year?
  36. 36.₹3000 earns ₹270 simple interest at 3% a year. For how many years was it kept?
  37. 37.₹4000 earns ₹360 simple interest in 1 year. What is the rate of interest per year, in percent?
  38. 38.Kabir keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  39. 39.₹1500 earns ₹450 simple interest at 10% a year. For how many years was it kept?
  40. 40.Arjun keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Arjun get in 5 years?

Answer key

  1. 3
  2. 360
  3. 4
  4. 1
  5. 50
  6. 5
  7. 600
  8. 2200
  9. 1
  10. 5
  11. 2
  12. 11
  13. 4
  14. 1200
  15. 3
  16. 4
  17. 4320
  18. 1
  19. 210
  20. 450
  21. 4
  22. 3
  23. 675
  24. 80
  25. 400
  26. 2
  27. 2250
  28. 120
  29. 2
  30. 6
  31. 3
  32. 180
  33. 1
  34. 530
  35. 160
  36. 3
  37. 9
  38. 180
  39. 3
  40. 225

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