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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 233 · 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.₹2500 earns ₹75 simple interest at 3% a year. For how many years was it kept?
  2. 2.₹1500 earns ₹150 simple interest at 2% a year. For how many years was it kept?
  3. 3.Isha keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  4. 4.Ishaan keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  5. 5.Diya keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  6. 6.₹3000 earns ₹360 simple interest in 2 years. What is the rate of interest per year, in percent?
  7. 7.₹5000 earns ₹1350 simple interest in 3 years. What is the rate of interest per year, in percent?
  8. 8.₹2500 earns ₹500 simple interest in 4 years. What is the rate of interest per year, in percent?
  9. 9.Sara keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 2 years?
  10. 10.Arjun keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  11. 11.Meera keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 2 years?
  12. 12.₹3000 earns ₹720 simple interest in 2 years. What is the rate of interest per year, in percent?
  13. 13.₹2000 earns ₹640 simple interest at 8% a year. For how many years was it kept?
  14. 14.Rohan keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  15. 15.Ishaan keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  16. 16.Dev keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 5 years?
  17. 17.₹500 earns ₹100 simple interest in 4 years. What is the rate of interest per year, in percent?
  18. 18.₹1500 earns ₹105 simple interest at 7% a year. For how many years was it kept?
  19. 19.₹1000 earns ₹600 simple interest at 12% a year. For how many years was it kept?
  20. 20.Kabir keeps ₹2000 in a bank at 11% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  21. 21.Riya keeps ₹2500 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  22. 22.Sara keeps ₹2500 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  23. 23.Kabir keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  24. 24.₹5000 earns ₹350 simple interest in 1 year. What is the rate of interest per year, in percent?
  25. 25.Anaya keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  26. 26.Aarav keeps ₹2000 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  27. 27.₹2500 earns ₹1375 simple interest in 5 years. What is the rate of interest per year, in percent?
  28. 28.₹1000 earns ₹100 simple interest at 10% a year. For how many years was it kept?
  29. 29.Riya keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Riya get in 2 years?
  30. 30.Riya keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 4 years?
  31. 31.Kabir keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  32. 32.Meera keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  33. 33.Dev keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 1 year?
  34. 34.₹2000 earns ₹440 simple interest at 11% a year. For how many years was it kept?
  35. 35.Ishaan keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  36. 36.₹5000 earns ₹750 simple interest at 3% a year. For how many years was it kept?
  37. 37.Sara keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Sara get in 1 year?
  38. 38.₹2500 earns ₹175 simple interest in 1 year. What is the rate of interest per year, in percent?
  39. 39.₹4000 earns ₹600 simple interest in 3 years. What is the rate of interest per year, in percent?
  40. 40.Riya keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?

Answer key

  1. 1
  2. 5
  3. 550
  4. 480
  5. 1180
  6. 6
  7. 9
  8. 5
  9. 200
  10. 90
  11. 350
  12. 12
  13. 4
  14. 3600
  15. 1760
  16. 300
  17. 5
  18. 1
  19. 5
  20. 440
  21. 2675
  22. 3000
  23. 720
  24. 7
  25. 3480
  26. 2800
  27. 11
  28. 1
  29. 1000
  30. 1440
  31. 300
  32. 4360
  33. 300
  34. 2
  35. 25
  36. 5
  37. 120
  38. 7
  39. 5
  40. 3990

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