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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 227 · 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.Diya keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  2. 2.Kabir keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  3. 3.Dev keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  4. 4.₹2500 earns ₹125 simple interest in 1 year. What is the rate of interest per year, in percent?
  5. 5.₹500 earns ₹20 simple interest at 2% a year. For how many years was it kept?
  6. 6.₹1000 earns ₹240 simple interest at 6% a year. For how many years was it kept?
  7. 7.Sara keeps ₹5000 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  8. 8.₹2000 earns ₹240 simple interest in 1 year. What is the rate of interest per year, in percent?
  9. 9.₹1000 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  10. 10.₹500 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  11. 11.₹500 earns ₹120 simple interest in 3 years. What is the rate of interest per year, in percent?
  12. 12.₹2000 earns ₹300 simple interest at 3% a year. For how many years was it kept?
  13. 13.Ishaan keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  14. 14.₹2000 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  15. 15.₹2500 earns ₹900 simple interest at 12% a year. For how many years was it kept?
  16. 16.Sara keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  17. 17.Kabir keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  18. 18.Riya keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 1 year?
  19. 19.Meera keeps ₹4000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  20. 20.Meera keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  21. 21.Ishaan keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  22. 22.Riya keeps ₹4000 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  23. 23.₹5000 earns ₹1050 simple interest in 3 years. What is the rate of interest per year, in percent?
  24. 24.Rohan keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  25. 25.₹500 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
  26. 26.₹2500 earns ₹600 simple interest at 6% a year. For how many years was it kept?
  27. 27.Rohan keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  28. 28.Diya keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  29. 29.₹500 earns ₹20 simple interest at 4% a year. For how many years was it kept?
  30. 30.Ishaan keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  31. 31.₹2000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  32. 32.₹1000 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
  33. 33.Ishaan keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  34. 34.₹4000 earns ₹280 simple interest at 7% a year. For how many years was it kept?
  35. 35.Dev keeps ₹2500 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  36. 36.₹4000 earns ₹1120 simple interest in 4 years. What is the rate of interest per year, in percent?
  37. 37.Kabir keeps ₹1500 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  38. 38.Kabir keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  39. 39.Diya keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 5 years?
  40. 40.Sara keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Sara get in 2 years?

Answer key

  1. 700
  2. 1100
  3. 1080
  4. 5
  5. 2
  6. 4
  7. 7750
  8. 12
  9. 2
  10. 12
  11. 8
  12. 5
  13. 3600
  14. 1
  15. 3
  16. 3180
  17. 3210
  18. 120
  19. 5800
  20. 5100
  21. 3630
  22. 6000
  23. 7
  24. 225
  25. 6
  26. 4
  27. 3270
  28. 5800
  29. 1
  30. 80
  31. 6
  32. 3
  33. 600
  34. 1
  35. 3600
  36. 7
  37. 2100
  38. 225
  39. 450
  40. 400

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