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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 247 · 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.₹1000 earns ₹120 simple interest at 6% a year. For how many years was it kept?
  2. 2.₹2500 earns ₹175 simple interest in 1 year. What is the rate of interest per year, in percent?
  3. 3.Isha keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  4. 4.Kabir keeps ₹1500 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  5. 5.₹1000 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
  6. 6.Ishaan keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  7. 7.₹1000 earns ₹110 simple interest at 11% a year. For how many years was it kept?
  8. 8.Meera keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 3 years?
  9. 9.Sara keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Sara get in 3 years?
  10. 10.₹500 earns ₹55 simple interest in 1 year. What is the rate of interest per year, in percent?
  11. 11.Anaya keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  12. 12.₹500 earns ₹140 simple interest at 7% a year. For how many years was it kept?
  13. 13.Sara keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Sara get in 5 years?
  14. 14.Ishaan keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  15. 15.₹2500 earns ₹1375 simple interest at 11% a year. For how many years was it kept?
  16. 16.Isha keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  17. 17.Arjun keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  18. 18.₹4000 earns ₹560 simple interest at 7% a year. For how many years was it kept?
  19. 19.₹1000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  20. 20.₹3000 earns ₹1320 simple interest at 11% a year. For how many years was it kept?
  21. 21.₹4000 earns ₹280 simple interest at 7% a year. For how many years was it kept?
  22. 22.Aarav keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  23. 23.Kabir keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  24. 24.Kabir keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  25. 25.₹2000 earns ₹800 simple interest in 4 years. What is the rate of interest per year, in percent?
  26. 26.Ishaan keeps ₹2000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  27. 27.₹3000 earns ₹720 simple interest in 2 years. What is the rate of interest per year, in percent?
  28. 28.Aarav keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  29. 29.₹4000 earns ₹360 simple interest at 3% a year. For how many years was it kept?
  30. 30.₹2500 earns ₹150 simple interest at 2% a year. For how many years was it kept?
  31. 31.₹500 earns ₹90 simple interest in 3 years. What is the rate of interest per year, in percent?
  32. 32.₹5000 earns ₹1650 simple interest in 3 years. What is the rate of interest per year, in percent?
  33. 33.Rohan keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  34. 34.₹500 earns ₹275 simple interest in 5 years. What is the rate of interest per year, in percent?
  35. 35.₹1000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  36. 36.Kabir keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  37. 37.Arjun keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  38. 38.₹2000 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  39. 39.Kabir keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  40. 40.₹500 earns ₹70 simple interest in 2 years. What is the rate of interest per year, in percent?

Answer key

  1. 2
  2. 7
  3. 575
  4. 1650
  5. 3
  6. 2800
  7. 1
  8. 480
  9. 525
  10. 11
  11. 110
  12. 4
  13. 300
  14. 320
  15. 5
  16. 1200
  17. 450
  18. 2
  19. 4
  20. 4
  21. 1
  22. 4050
  23. 1100
  24. 150
  25. 10
  26. 2180
  27. 12
  28. 1000
  29. 3
  30. 3
  31. 6
  32. 11
  33. 1125
  34. 11
  35. 12
  36. 270
  37. 2700
  38. 1
  39. 800
  40. 7

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