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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 271 · 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.₹3000 earns ₹900 simple interest in 3 years. What is the rate of interest per year, in percent?
  2. 2.₹2500 earns ₹500 simple interest at 10% a year. For how many years was it kept?
  3. 3.Sara keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Sara get in 4 years?
  4. 4.Meera keeps ₹2000 in a bank at 11% simple interest a year. How many rupees of interest does Meera get in 3 years?
  5. 5.Aarav keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  6. 6.₹2000 earns ₹560 simple interest in 4 years. What is the rate of interest per year, in percent?
  7. 7.Arjun keeps ₹2000 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  8. 8.₹1500 earns ₹600 simple interest at 8% a year. For how many years was it kept?
  9. 9.Riya keeps ₹500 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  10. 10.Kabir keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  11. 11.₹2000 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  12. 12.Rohan keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  13. 13.₹500 earns ₹50 simple interest in 5 years. What is the rate of interest per year, in percent?
  14. 14.Dev keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Dev get in 5 years?
  15. 15.Diya keeps ₹3000 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  16. 16.₹5000 earns ₹500 simple interest in 5 years. What is the rate of interest per year, in percent?
  17. 17.₹2500 earns ₹600 simple interest at 6% a year. For how many years was it kept?
  18. 18.Ishaan keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  19. 19.Dev keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Dev get in 5 years?
  20. 20.₹3000 earns ₹990 simple interest at 11% a year. For how many years was it kept?
  21. 21.₹1000 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  22. 22.₹1500 earns ₹150 simple interest at 5% a year. For how many years was it kept?
  23. 23.Riya keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 3 years?
  24. 24.Dev keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 2 years?
  25. 25.Aarav keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  26. 26.₹4000 earns ₹1600 simple interest at 8% a year. For how many years was it kept?
  27. 27.₹1500 earns ₹180 simple interest in 4 years. What is the rate of interest per year, in percent?
  28. 28.Sara keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  29. 29.Anaya keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  30. 30.₹1000 earns ₹120 simple interest at 6% a year. For how many years was it kept?
  31. 31.₹2000 earns ₹480 simple interest at 12% a year. For how many years was it kept?
  32. 32.Anaya keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  33. 33.Dev keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  34. 34.₹1000 earns ₹450 simple interest at 9% a year. For how many years was it kept?
  35. 35.Meera keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 2 years?
  36. 36.₹2500 earns ₹175 simple interest at 7% a year. For how many years was it kept?
  37. 37.Aarav keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  38. 38.₹5000 earns ₹1800 simple interest in 3 years. What is the rate of interest per year, in percent?
  39. 39.Arjun keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  40. 40.₹5000 earns ₹500 simple interest at 2% a year. For how many years was it kept?

Answer key

  1. 10
  2. 2
  3. 480
  4. 660
  5. 675
  6. 7
  7. 2220
  8. 5
  9. 750
  10. 180
  11. 1
  12. 1560
  13. 2
  14. 1125
  15. 3450
  16. 2
  17. 4
  18. 3200
  19. 2500
  20. 3
  21. 2
  22. 2
  23. 150
  24. 280
  25. 1020
  26. 5
  27. 3
  28. 3210
  29. 1440
  30. 2
  31. 2
  32. 450
  33. 6000
  34. 5
  35. 160
  36. 1
  37. 2480
  38. 12
  39. 210
  40. 5

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