← Simple interest and the rate lesson New set →

Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 282 · 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.Dev keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  2. 2.₹5000 earns ₹400 simple interest at 4% a year. For how many years was it kept?
  3. 3.₹3000 earns ₹360 simple interest at 4% a year. For how many years was it kept?
  4. 4.Kabir keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  5. 5.₹5000 earns ₹2750 simple interest at 11% a year. For how many years was it kept?
  6. 6.₹5000 earns ₹400 simple interest in 1 year. What is the rate of interest per year, in percent?
  7. 7.Dev keeps ₹4000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  8. 8.Dev keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 4 years?
  9. 9.₹4000 earns ₹400 simple interest in 5 years. What is the rate of interest per year, in percent?
  10. 10.₹1500 earns ₹150 simple interest at 10% a year. For how many years was it kept?
  11. 11.₹3000 earns ₹1320 simple interest in 4 years. What is the rate of interest per year, in percent?
  12. 12.Riya keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Riya get in 3 years?
  13. 13.Isha keeps ₹2000 in a bank at 11% simple interest a year. How many rupees of interest does Isha get in 1 year?
  14. 14.₹2000 earns ₹300 simple interest at 5% a year. For how many years was it kept?
  15. 15.Kabir keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  16. 16.Arjun keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  17. 17.₹4000 earns ₹840 simple interest in 3 years. What is the rate of interest per year, in percent?
  18. 18.₹2500 earns ₹750 simple interest at 6% a year. For how many years was it kept?
  19. 19.₹500 earns ₹20 simple interest in 1 year. What is the rate of interest per year, in percent?
  20. 20.₹2500 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  21. 21.₹3000 earns ₹1080 simple interest at 9% a year. For how many years was it kept?
  22. 22.Aarav keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  23. 23.Dev keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  24. 24.₹3000 earns ₹240 simple interest in 1 year. What is the rate of interest per year, in percent?
  25. 25.₹1500 earns ₹180 simple interest in 4 years. What is the rate of interest per year, in percent?
  26. 26.Kabir keeps ₹5000 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  27. 27.Isha keeps ₹5000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  28. 28.Kabir keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  29. 29.Diya keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Diya get in 3 years?
  30. 30.₹1000 earns ₹210 simple interest in 3 years. What is the rate of interest per year, in percent?
  31. 31.Dev keeps ₹2500 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  32. 32.Meera keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Meera get in 3 years?
  33. 33.Aarav keeps ₹2500 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  34. 34.₹500 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  35. 35.Meera keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Meera get in 4 years?
  36. 36.₹1500 earns ₹60 simple interest at 4% a year. For how many years was it kept?
  37. 37.Arjun keeps ₹1500 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  38. 38.Riya keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  39. 39.₹1000 earns ₹80 simple interest in 1 year. What is the rate of interest per year, in percent?
  40. 40.₹4000 earns ₹1440 simple interest at 9% a year. For how many years was it kept?

Answer key

  1. 580
  2. 2
  3. 3
  4. 1440
  5. 5
  6. 8
  7. 4720
  8. 120
  9. 2
  10. 1
  11. 11
  12. 300
  13. 220
  14. 3
  15. 600
  16. 450
  17. 7
  18. 5
  19. 4
  20. 4
  21. 4
  22. 320
  23. 2575
  24. 8
  25. 3
  26. 1200
  27. 5900
  28. 1200
  29. 300
  30. 7
  31. 2775
  32. 180
  33. 3600
  34. 12
  35. 360
  36. 1
  37. 1860
  38. 575
  39. 8
  40. 4

Free percentage lessons, practice and worksheets at talentjr.in/how-to-calculate-percentage