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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 267 · 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 ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  2. 2.₹5000 earns ₹500 simple interest at 2% a year. For how many years was it kept?
  3. 3.Kabir keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  4. 4.Rohan keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  5. 5.₹500 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  6. 6.₹3000 earns ₹240 simple interest at 4% a year. For how many years was it kept?
  7. 7.Isha keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Isha get in 2 years?
  8. 8.Sara keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Sara get in 5 years?
  9. 9.₹5000 earns ₹1200 simple interest in 2 years. What is the rate of interest per year, in percent?
  10. 10.Arjun keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  11. 11.Rohan keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  12. 12.Aarav keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  13. 13.Arjun keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  14. 14.Ishaan keeps ₹1500 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  15. 15.₹5000 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  16. 16.Rohan keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  17. 17.Meera keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  18. 18.₹5000 earns ₹700 simple interest at 7% a year. For how many years was it kept?
  19. 19.Rohan keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  20. 20.Aarav keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  21. 21.Aarav keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  22. 22.Meera keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 5 years?
  23. 23.₹500 earns ₹200 simple interest at 10% a year. For how many years was it kept?
  24. 24.Kabir keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  25. 25.Aarav keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  26. 26.₹2500 earns ₹375 simple interest at 5% a year. For how many years was it kept?
  27. 27.Riya keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 1 year?
  28. 28.₹1500 earns ₹135 simple interest in 3 years. What is the rate of interest per year, in percent?
  29. 29.₹500 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
  30. 30.Kabir keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  31. 31.₹500 earns ₹60 simple interest in 2 years. What is the rate of interest per year, in percent?
  32. 32.₹2000 earns ₹240 simple interest at 6% a year. For how many years was it kept?
  33. 33.₹500 earns ₹150 simple interest in 3 years. What is the rate of interest per year, in percent?
  34. 34.₹1000 earns ₹400 simple interest in 4 years. What is the rate of interest per year, in percent?
  35. 35.₹2000 earns ₹800 simple interest at 8% a year. For how many years was it kept?
  36. 36.₹1500 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  37. 37.Kabir keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  38. 38.₹3000 earns ₹960 simple interest in 4 years. What is the rate of interest per year, in percent?
  39. 39.Isha keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  40. 40.Isha keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Isha get in 1 year?

Answer key

  1. 5
  2. 5
  3. 2400
  4. 720
  5. 12
  6. 2
  7. 120
  8. 450
  9. 12
  10. 5300
  11. 600
  12. 600
  13. 750
  14. 1800
  15. 3
  16. 1200
  17. 3120
  18. 2
  19. 100
  20. 30
  21. 240
  22. 100
  23. 4
  24. 810
  25. 1200
  26. 3
  27. 90
  28. 3
  29. 6
  30. 45
  31. 6
  32. 2
  33. 10
  34. 10
  35. 5
  36. 4
  37. 20
  38. 8
  39. 3100
  40. 110

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