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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 241 · 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.₹5000 earns ₹600 simple interest at 12% a year. For how many years was it kept?
  2. 2.Ishaan keeps ₹2500 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  3. 3.₹4000 earns ₹640 simple interest at 4% a year. For how many years was it kept?
  4. 4.₹5000 earns ₹1000 simple interest at 5% a year. For how many years was it kept?
  5. 5.₹2000 earns ₹440 simple interest in 2 years. What is the rate of interest per year, in percent?
  6. 6.₹500 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  7. 7.₹2500 earns ₹525 simple interest at 7% a year. For how many years was it kept?
  8. 8.Arjun keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  9. 9.Diya keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  10. 10.Aarav keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  11. 11.Sara keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Sara get in 3 years?
  12. 12.₹4000 earns ₹400 simple interest in 5 years. What is the rate of interest per year, in percent?
  13. 13.₹2000 earns ₹160 simple interest in 1 year. What is the rate of interest per year, in percent?
  14. 14.Rohan keeps ₹5000 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  15. 15.₹2500 earns ₹75 simple interest in 1 year. What is the rate of interest per year, in percent?
  16. 16.₹1000 earns ₹200 simple interest at 4% a year. For how many years was it kept?
  17. 17.Diya keeps ₹2500 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  18. 18.Isha keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  19. 19.Diya keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  20. 20.₹500 earns ₹20 simple interest at 4% a year. For how many years was it kept?
  21. 21.₹1500 earns ₹660 simple interest in 4 years. What is the rate of interest per year, in percent?
  22. 22.₹1500 earns ₹150 simple interest at 10% a year. For how many years was it kept?
  23. 23.₹1500 earns ₹375 simple interest in 5 years. What is the rate of interest per year, in percent?
  24. 24.Anaya keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  25. 25.Dev keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Dev get in 4 years?
  26. 26.Arjun keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  27. 27.Sara keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Sara get in 1 year?
  28. 28.₹1500 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  29. 29.₹4000 earns ₹320 simple interest in 2 years. What is the rate of interest per year, in percent?
  30. 30.₹4000 earns ₹480 simple interest in 2 years. What is the rate of interest per year, in percent?
  31. 31.Diya keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  32. 32.Meera keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  33. 33.Kabir keeps ₹4000 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  34. 34.₹4000 earns ₹1120 simple interest in 4 years. What is the rate of interest per year, in percent?
  35. 35.₹1500 earns ₹675 simple interest in 5 years. What is the rate of interest per year, in percent?
  36. 36.Arjun keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  37. 37.Anaya keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  38. 38.₹500 earns ₹90 simple interest at 9% a year. For how many years was it kept?
  39. 39.₹500 earns ₹90 simple interest in 2 years. What is the rate of interest per year, in percent?
  40. 40.Meera keeps ₹2000 in a bank at 11% simple interest a year. How many rupees of interest does Meera get in 1 year?

Answer key

  1. 1
  2. 3375
  3. 4
  4. 4
  5. 11
  6. 4
  7. 3
  8. 540
  9. 1560
  10. 2400
  11. 360
  12. 2
  13. 8
  14. 6000
  15. 3
  16. 5
  17. 2750
  18. 1590
  19. 3480
  20. 1
  21. 11
  22. 1
  23. 5
  24. 30
  25. 1100
  26. 2400
  27. 165
  28. 8
  29. 4
  30. 6
  31. 5750
  32. 3120
  33. 5600
  34. 7
  35. 9
  36. 40
  37. 720
  38. 2
  39. 9
  40. 220

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