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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 234 · 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.Meera keeps ₹4000 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  2. 2.₹3000 earns ₹330 simple interest at 11% a year. For how many years was it kept?
  3. 3.₹1500 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  4. 4.Meera keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  5. 5.Aarav keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  6. 6.₹500 earns ₹140 simple interest at 7% a year. For how many years was it kept?
  7. 7.Riya keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 2 years?
  8. 8.Sara keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 1 year?
  9. 9.₹4000 earns ₹1440 simple interest at 12% a year. For how many years was it kept?
  10. 10.₹2500 earns ₹450 simple interest in 3 years. What is the rate of interest per year, in percent?
  11. 11.Rohan keeps ₹5000 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  12. 12.₹500 earns ₹75 simple interest in 5 years. What is the rate of interest per year, in percent?
  13. 13.₹500 earns ₹250 simple interest in 5 years. What is the rate of interest per year, in percent?
  14. 14.₹500 earns ₹40 simple interest at 8% a year. For how many years was it kept?
  15. 15.Riya keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 1 year?
  16. 16.Sara keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 3 years?
  17. 17.₹2000 earns ₹700 simple interest at 7% a year. For how many years was it kept?
  18. 18.₹4000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  19. 19.Kabir keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  20. 20.Diya keeps ₹2500 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  21. 21.₹2500 earns ₹375 simple interest in 5 years. What is the rate of interest per year, in percent?
  22. 22.Ishaan keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  23. 23.Arjun keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  24. 24.₹1000 earns ₹150 simple interest in 5 years. What is the rate of interest per year, in percent?
  25. 25.Diya keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Diya get in 3 years?
  26. 26.Ishaan keeps ₹2000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  27. 27.Isha keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Isha get in 5 years?
  28. 28.₹4000 earns ₹160 simple interest at 2% a year. For how many years was it kept?
  29. 29.Kabir keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  30. 30.Dev keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 2 years?
  31. 31.₹1000 earns ₹60 simple interest at 6% a year. For how many years was it kept?
  32. 32.Dev keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 5 years?
  33. 33.₹2000 earns ₹360 simple interest at 9% a year. For how many years was it kept?
  34. 34.₹2000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  35. 35.₹500 earns ₹180 simple interest at 9% a year. For how many years was it kept?
  36. 36.Dev keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Dev get in 5 years?
  37. 37.Ishaan keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  38. 38.₹1000 earns ₹100 simple interest at 10% a year. For how many years was it kept?
  39. 39.Aarav keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  40. 40.₹2500 earns ₹1000 simple interest at 8% a year. For how many years was it kept?

Answer key

  1. 4800
  2. 1
  3. 10
  4. 2550
  5. 120
  6. 4
  7. 640
  8. 45
  9. 3
  10. 6
  11. 6200
  12. 3
  13. 10
  14. 1
  15. 40
  16. 120
  17. 5
  18. 2
  19. 540
  20. 3125
  21. 3
  22. 6800
  23. 180
  24. 3
  25. 150
  26. 2440
  27. 1200
  28. 2
  29. 2700
  30. 70
  31. 1
  32. 600
  33. 2
  34. 6
  35. 4
  36. 1500
  37. 70
  38. 1
  39. 80
  40. 5

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