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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 265 · 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.₹2000 earns ₹140 simple interest in 1 year. What is the rate of interest per year, in percent?
  2. 2.₹1500 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
  3. 3.₹3000 earns ₹120 simple interest at 4% a year. For how many years was it kept?
  4. 4.₹1000 earns ₹120 simple interest at 3% a year. For how many years was it kept?
  5. 5.Arjun keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  6. 6.₹500 earns ₹120 simple interest at 12% a year. For how many years was it kept?
  7. 7.₹1000 earns ₹140 simple interest in 2 years. What is the rate of interest per year, in percent?
  8. 8.Kabir keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  9. 9.Dev keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Dev get in 5 years?
  10. 10.₹4000 earns ₹1920 simple interest in 4 years. What is the rate of interest per year, in percent?
  11. 11.Riya keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  12. 12.Meera keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Meera get in 3 years?
  13. 13.₹4000 earns ₹480 simple interest in 1 year. What is the rate of interest per year, in percent?
  14. 14.Ishaan keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  15. 15.₹3000 earns ₹990 simple interest in 3 years. What is the rate of interest per year, in percent?
  16. 16.Arjun keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  17. 17.₹1500 earns ₹90 simple interest at 2% a year. For how many years was it kept?
  18. 18.Riya keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Riya get in 5 years?
  19. 19.₹3000 earns ₹600 simple interest at 4% a year. For how many years was it kept?
  20. 20.Isha keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Isha get in 3 years?
  21. 21.Rohan keeps ₹5000 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  22. 22.₹500 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  23. 23.Anaya keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  24. 24.₹5000 earns ₹250 simple interest at 5% a year. For how many years was it kept?
  25. 25.₹2000 earns ₹420 simple interest at 7% a year. For how many years was it kept?
  26. 26.Ishaan keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  27. 27.Arjun keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  28. 28.Dev keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  29. 29.Arjun keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  30. 30.Dev keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 1 year?
  31. 31.Meera keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 1 year?
  32. 32.Meera keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  33. 33.Isha keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Isha get in 4 years?
  34. 34.Diya keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 3 years?
  35. 35.₹2500 earns ₹500 simple interest in 2 years. What is the rate of interest per year, in percent?
  36. 36.Diya keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 5 years?
  37. 37.₹1500 earns ₹180 simple interest at 3% a year. For how many years was it kept?
  38. 38.Anaya keeps ₹4000 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  39. 39.Rohan keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  40. 40.₹2500 earns ₹200 simple interest in 1 year. What is the rate of interest per year, in percent?

Answer key

  1. 7
  2. 2
  3. 1
  4. 4
  5. 200
  6. 2
  7. 7
  8. 450
  9. 200
  10. 12
  11. 625
  12. 270
  13. 12
  14. 2800
  15. 11
  16. 1050
  17. 3
  18. 1650
  19. 5
  20. 120
  21. 6500
  22. 4
  23. 275
  24. 1
  25. 3
  26. 2200
  27. 4000
  28. 1090
  29. 330
  30. 60
  31. 250
  32. 680
  33. 120
  34. 90
  35. 10
  36. 100
  37. 4
  38. 5600
  39. 20
  40. 8

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