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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 254 · 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.Arjun keeps ₹4000 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  2. 2.Isha keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Isha get in 4 years?
  3. 3.Dev keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Dev get in 4 years?
  4. 4.Anaya keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  5. 5.Ishaan keeps ₹1500 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  6. 6.₹500 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  7. 7.Arjun keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  8. 8.₹4000 earns ₹280 simple interest in 1 year. What is the rate of interest per year, in percent?
  9. 9.₹500 earns ₹110 simple interest in 2 years. What is the rate of interest per year, in percent?
  10. 10.Dev keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  11. 11.₹3000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  12. 12.₹2000 earns ₹200 simple interest at 5% a year. For how many years was it kept?
  13. 13.Diya keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Diya get in 5 years?
  14. 14.₹500 earns ₹80 simple interest in 4 years. What is the rate of interest per year, in percent?
  15. 15.₹2500 earns ₹250 simple interest at 2% a year. For how many years was it kept?
  16. 16.₹2000 earns ₹200 simple interest in 5 years. What is the rate of interest per year, in percent?
  17. 17.Kabir keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  18. 18.₹1500 earns ₹150 simple interest in 5 years. What is the rate of interest per year, in percent?
  19. 19.₹500 earns ₹45 simple interest at 9% a year. For how many years was it kept?
  20. 20.₹2500 earns ₹350 simple interest at 7% a year. For how many years was it kept?
  21. 21.₹1500 earns ₹600 simple interest in 4 years. What is the rate of interest per year, in percent?
  22. 22.Ishaan keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  23. 23.₹4000 earns ₹560 simple interest at 7% a year. For how many years was it kept?
  24. 24.Meera keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  25. 25.₹2000 earns ₹880 simple interest at 11% a year. For how many years was it kept?
  26. 26.₹1500 earns ₹825 simple interest at 11% a year. For how many years was it kept?
  27. 27.₹4000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  28. 28.Isha keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Isha get in 3 years?
  29. 29.Rohan keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  30. 30.₹3000 earns ₹480 simple interest at 4% a year. For how many years was it kept?
  31. 31.₹1000 earns ₹600 simple interest at 12% a year. For how many years was it kept?
  32. 32.Ishaan keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  33. 33.₹4000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  34. 34.₹4000 earns ₹1120 simple interest in 4 years. What is the rate of interest per year, in percent?
  35. 35.₹1500 earns ₹75 simple interest at 5% a year. For how many years was it kept?
  36. 36.Riya keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  37. 37.₹2500 earns ₹625 simple interest in 5 years. What is the rate of interest per year, in percent?
  38. 38.₹500 earns ₹75 simple interest in 3 years. What is the rate of interest per year, in percent?
  39. 39.₹5000 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  40. 40.Kabir keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 3 years?

Answer key

  1. 4800
  2. 120
  3. 960
  4. 315
  5. 2250
  6. 12
  7. 100
  8. 7
  9. 11
  10. 4240
  11. 4
  12. 2
  13. 375
  14. 4
  15. 5
  16. 2
  17. 100
  18. 2
  19. 1
  20. 2
  21. 10
  22. 360
  23. 2
  24. 4480
  25. 4
  26. 5
  27. 3
  28. 120
  29. 280
  30. 4
  31. 5
  32. 80
  33. 3
  34. 7
  35. 1
  36. 2160
  37. 5
  38. 5
  39. 1
  40. 30

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