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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 268 · 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.Riya keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  2. 2.₹5000 earns ₹1000 simple interest at 5% a year. For how many years was it kept?
  3. 3.Riya keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 4 years?
  4. 4.Diya keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  5. 5.Rohan keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  6. 6.₹1500 earns ₹600 simple interest in 4 years. What is the rate of interest per year, in percent?
  7. 7.₹2500 earns ₹250 simple interest in 5 years. What is the rate of interest per year, in percent?
  8. 8.Kabir keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  9. 9.Meera keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 4 years?
  10. 10.₹2000 earns ₹800 simple interest at 8% a year. For how many years was it kept?
  11. 11.Meera keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 2 years?
  12. 12.₹500 earns ₹110 simple interest at 11% a year. For how many years was it kept?
  13. 13.Diya keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Diya get in 1 year?
  14. 14.₹5000 earns ₹800 simple interest at 4% a year. For how many years was it kept?
  15. 15.₹500 earns ₹175 simple interest in 5 years. What is the rate of interest per year, in percent?
  16. 16.₹1000 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
  17. 17.Anaya keeps ₹1500 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  18. 18.Diya keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Diya get in 2 years?
  19. 19.Rohan keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  20. 20.₹3000 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  21. 21.₹3000 earns ₹1050 simple interest at 7% a year. For how many years was it kept?
  22. 22.Riya keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 2 years?
  23. 23.Arjun keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  24. 24.₹4000 earns ₹80 simple interest in 1 year. What is the rate of interest per year, in percent?
  25. 25.Isha keeps ₹1500 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  26. 26.₹3000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  27. 27.Aarav keeps ₹1500 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  28. 28.₹4000 earns ₹240 simple interest in 1 year. What is the rate of interest per year, in percent?
  29. 29.Meera keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  30. 30.Rohan keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  31. 31.₹5000 earns ₹350 simple interest in 1 year. What is the rate of interest per year, in percent?
  32. 32.₹1500 earns ₹135 simple interest in 3 years. What is the rate of interest per year, in percent?
  33. 33.Dev keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 1 year?
  34. 34.₹500 earns ₹70 simple interest at 7% a year. For how many years was it kept?
  35. 35.Dev keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  36. 36.₹5000 earns ₹1600 simple interest in 4 years. What is the rate of interest per year, in percent?
  37. 37.₹2500 earns ₹450 simple interest at 9% a year. For how many years was it kept?
  38. 38.₹3000 earns ₹990 simple interest in 3 years. What is the rate of interest per year, in percent?
  39. 39.Aarav keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  40. 40.Kabir keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?

Answer key

  1. 1060
  2. 4
  3. 480
  4. 2160
  5. 600
  6. 10
  7. 2
  8. 800
  9. 80
  10. 5
  11. 140
  12. 2
  13. 270
  14. 4
  15. 7
  16. 3
  17. 2250
  18. 800
  19. 2100
  20. 2
  21. 5
  22. 500
  23. 4480
  24. 2
  25. 1815
  26. 4
  27. 1680
  28. 6
  29. 2160
  30. 275
  31. 7
  32. 3
  33. 140
  34. 2
  35. 4840
  36. 8
  37. 2
  38. 11
  39. 100
  40. 3250

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