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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 278 · 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.₹500 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  2. 2.Isha keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  3. 3.Meera keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 1 year?
  4. 4.Meera keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 4 years?
  5. 5.₹4000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  6. 6.Kabir keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  7. 7.Riya keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 3 years?
  8. 8.₹1000 earns ₹160 simple interest in 4 years. What is the rate of interest per year, in percent?
  9. 9.Arjun keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  10. 10.₹1000 earns ₹60 simple interest at 3% a year. For how many years was it kept?
  11. 11.Riya keeps ₹2500 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 4 years?
  12. 12.₹500 earns ₹120 simple interest at 6% a year. For how many years was it kept?
  13. 13.Rohan keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  14. 14.Dev keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 4 years?
  15. 15.₹2000 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  16. 16.Riya keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 1 year?
  17. 17.₹3000 earns ₹90 simple interest at 3% a year. For how many years was it kept?
  18. 18.₹1000 earns ₹200 simple interest in 5 years. What is the rate of interest per year, in percent?
  19. 19.Sara keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Sara get in 1 year?
  20. 20.₹4000 earns ₹600 simple interest at 3% a year. For how many years was it kept?
  21. 21.₹4000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  22. 22.₹1000 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  23. 23.Riya keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  24. 24.₹4000 earns ₹640 simple interest in 2 years. What is the rate of interest per year, in percent?
  25. 25.₹500 earns ₹45 simple interest in 3 years. What is the rate of interest per year, in percent?
  26. 26.Ishaan keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  27. 27.Aarav keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  28. 28.Aarav keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  29. 29.₹5000 earns ₹2400 simple interest at 12% a year. For how many years was it kept?
  30. 30.₹2000 earns ₹400 simple interest at 5% a year. For how many years was it kept?
  31. 31.₹2500 earns ₹150 simple interest in 3 years. What is the rate of interest per year, in percent?
  32. 32.Ishaan keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  33. 33.Sara keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  34. 34.Diya keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Diya get in 5 years?
  35. 35.₹3000 earns ₹450 simple interest in 5 years. What is the rate of interest per year, in percent?
  36. 36.₹3000 earns ₹600 simple interest at 5% a year. For how many years was it kept?
  37. 37.₹500 earns ₹45 simple interest at 9% a year. For how many years was it kept?
  38. 38.₹3000 earns ₹120 simple interest at 4% a year. For how many years was it kept?
  39. 39.Diya keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  40. 40.₹1500 earns ₹45 simple interest at 3% a year. For how many years was it kept?

Answer key

  1. 12
  2. 640
  3. 240
  4. 1920
  5. 3
  6. 1030
  7. 120
  8. 4
  9. 360
  10. 2
  11. 600
  12. 4
  13. 1590
  14. 160
  15. 1
  16. 60
  17. 1
  18. 4
  19. 550
  20. 5
  21. 3
  22. 4
  23. 2120
  24. 8
  25. 3
  26. 100
  27. 240
  28. 900
  29. 4
  30. 4
  31. 2
  32. 1000
  33. 1270
  34. 400
  35. 3
  36. 4
  37. 1
  38. 1
  39. 1860
  40. 1

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