← Simple interest and the rate lesson New set →

Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 230 · 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.Kabir keeps ₹2000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  2. 2.Riya keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Riya get in 2 years?
  3. 3.₹500 earns ₹100 simple interest at 10% a year. For how many years was it kept?
  4. 4.₹5000 earns ₹600 simple interest in 2 years. What is the rate of interest per year, in percent?
  5. 5.₹500 earns ₹120 simple interest in 3 years. What is the rate of interest per year, in percent?
  6. 6.Riya keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 2 years?
  7. 7.₹3000 earns ₹450 simple interest in 5 years. What is the rate of interest per year, in percent?
  8. 8.Arjun keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  9. 9.Diya keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Diya get in 4 years?
  10. 10.Diya keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  11. 11.Sara keeps ₹2500 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  12. 12.Sara keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 4 years?
  13. 13.₹2000 earns ₹720 simple interest at 9% a year. For how many years was it kept?
  14. 14.Diya keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Diya get in 4 years?
  15. 15.Isha keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  16. 16.Sara keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  17. 17.Kabir keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  18. 18.Aarav keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  19. 19.Isha keeps ₹1500 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  20. 20.₹3000 earns ₹300 simple interest at 10% a year. For how many years was it kept?
  21. 21.₹2500 earns ₹225 simple interest at 9% a year. For how many years was it kept?
  22. 22.Arjun keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  23. 23.₹5000 earns ₹1800 simple interest at 12% a year. For how many years was it kept?
  24. 24.₹500 earns ₹60 simple interest at 3% a year. For how many years was it kept?
  25. 25.₹500 earns ₹30 simple interest in 2 years. What is the rate of interest per year, in percent?
  26. 26.Diya keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Diya get in 3 years?
  27. 27.₹3000 earns ₹840 simple interest at 7% a year. For how many years was it kept?
  28. 28.Kabir keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  29. 29.Kabir keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  30. 30.₹1500 earns ₹420 simple interest in 4 years. What is the rate of interest per year, in percent?
  31. 31.Riya keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 4 years?
  32. 32.₹2500 earns ₹300 simple interest in 1 year. What is the rate of interest per year, in percent?
  33. 33.₹5000 earns ₹300 simple interest at 6% a year. For how many years was it kept?
  34. 34.₹4000 earns ₹400 simple interest in 1 year. What is the rate of interest per year, in percent?
  35. 35.Diya keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Diya get in 1 year?
  36. 36.₹500 earns ₹165 simple interest in 3 years. What is the rate of interest per year, in percent?
  37. 37.₹4000 earns ₹1600 simple interest in 4 years. What is the rate of interest per year, in percent?
  38. 38.Aarav keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  39. 39.Ishaan keeps ₹2000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  40. 40.Isha keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Isha get in 2 years?

Answer key

  1. 2420
  2. 600
  3. 2
  4. 6
  5. 8
  6. 120
  7. 3
  8. 3120
  9. 180
  10. 1020
  11. 3750
  12. 360
  13. 4
  14. 600
  15. 1740
  16. 530
  17. 1040
  18. 960
  19. 1590
  20. 1
  21. 1
  22. 1000
  23. 3
  24. 4
  25. 3
  26. 1050
  27. 4
  28. 2575
  29. 620
  30. 7
  31. 120
  32. 12
  33. 1
  34. 10
  35. 60
  36. 11
  37. 10
  38. 480
  39. 2280
  40. 240

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