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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 23 · 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.Sara keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 1 year?
  2. 2.₹5000 earns ₹550 simple interest at 11% a year. For how many years was it kept?
  3. 3.₹1500 earns ₹180 simple interest at 4% a year. For how many years was it kept?
  4. 4.₹1000 earns ₹110 simple interest at 11% a year. For how many years was it kept?
  5. 5.Dev keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Dev get in 2 years?
  6. 6.₹4000 earns ₹1600 simple interest in 4 years. What is the rate of interest per year, in percent?
  7. 7.₹1000 earns ₹70 simple interest in 1 year. What is the rate of interest per year, in percent?
  8. 8.Anaya keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  9. 9.Dev keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  10. 10.Aarav keeps ₹2000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  11. 11.Aarav keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  12. 12.Sara keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  13. 13.Dev keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  14. 14.Ishaan keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  15. 15.₹5000 earns ₹1600 simple interest at 8% a year. For how many years was it kept?
  16. 16.Anaya keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  17. 17.Isha keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  18. 18.₹2500 earns ₹250 simple interest in 2 years. What is the rate of interest per year, in percent?
  19. 19.₹4000 earns ₹1000 simple interest at 5% a year. For how many years was it kept?
  20. 20.₹3000 earns ₹1650 simple interest in 5 years. What is the rate of interest per year, in percent?
  21. 21.₹5000 earns ₹300 simple interest in 2 years. What is the rate of interest per year, in percent?
  22. 22.₹2000 earns ₹640 simple interest in 4 years. What is the rate of interest per year, in percent?
  23. 23.₹1500 earns ₹240 simple interest at 8% a year. For how many years was it kept?
  24. 24.Anaya keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  25. 25.₹5000 earns ₹600 simple interest at 3% a year. For how many years was it kept?
  26. 26.₹500 earns ₹110 simple interest in 2 years. What is the rate of interest per year, in percent?
  27. 27.₹4000 earns ₹1800 simple interest at 9% a year. For how many years was it kept?
  28. 28.₹1500 earns ₹480 simple interest at 8% a year. For how many years was it kept?
  29. 29.₹3000 earns ₹810 simple interest at 9% a year. For how many years was it kept?
  30. 30.₹4000 earns ₹480 simple interest in 2 years. What is the rate of interest per year, in percent?
  31. 31.Anaya keeps ₹5000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  32. 32.₹3000 earns ₹840 simple interest at 7% a year. For how many years was it kept?
  33. 33.₹1000 earns ₹180 simple interest at 9% a year. For how many years was it kept?
  34. 34.Aarav keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  35. 35.₹4000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  36. 36.Meera keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 3 years?
  37. 37.Kabir keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  38. 38.₹1500 earns ₹180 simple interest in 1 year. What is the rate of interest per year, in percent?
  39. 39.Ishaan keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  40. 40.Kabir keeps ₹2000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?

Answer key

  1. 20
  2. 1
  3. 3
  4. 1
  5. 640
  6. 10
  7. 7
  8. 160
  9. 2650
  10. 2540
  11. 360
  12. 4350
  13. 1450
  14. 1080
  15. 4
  16. 2750
  17. 3540
  18. 5
  19. 5
  20. 11
  21. 3
  22. 8
  23. 2
  24. 105
  25. 4
  26. 11
  27. 5
  28. 4
  29. 3
  30. 6
  31. 6100
  32. 4
  33. 2
  34. 3720
  35. 3
  36. 960
  37. 1120
  38. 12
  39. 400
  40. 2120

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