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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 285 · 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 ₹1500 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  2. 2.Arjun keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  3. 3.Arjun keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  4. 4.₹2000 earns ₹120 simple interest at 3% a year. For how many years was it kept?
  5. 5.₹2000 earns ₹960 simple interest in 4 years. What is the rate of interest per year, in percent?
  6. 6.Riya keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Riya get in 1 year?
  7. 7.₹1500 earns ₹60 simple interest in 2 years. What is the rate of interest per year, in percent?
  8. 8.₹1000 earns ₹320 simple interest in 4 years. What is the rate of interest per year, in percent?
  9. 9.₹1000 earns ₹480 simple interest at 12% a year. For how many years was it kept?
  10. 10.Meera keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  11. 11.Ishaan keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  12. 12.₹500 earns ₹40 simple interest at 4% a year. For how many years was it kept?
  13. 13.₹1000 earns ₹80 simple interest in 2 years. What is the rate of interest per year, in percent?
  14. 14.Meera keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  15. 15.Riya keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  16. 16.₹1000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  17. 17.₹500 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  18. 18.₹2500 earns ₹750 simple interest at 10% a year. For how many years was it kept?
  19. 19.₹5000 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  20. 20.Meera keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 4 years?
  21. 21.Diya keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 3 years?
  22. 22.Anaya keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  23. 23.₹1000 earns ₹80 simple interest at 2% a year. For how many years was it kept?
  24. 24.₹2500 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  25. 25.Sara keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 1 year?
  26. 26.₹2000 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  27. 27.₹500 earns ₹30 simple interest in 2 years. What is the rate of interest per year, in percent?
  28. 28.₹2000 earns ₹800 simple interest at 10% a year. For how many years was it kept?
  29. 29.Ishaan keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  30. 30.₹2000 earns ₹360 simple interest at 6% a year. For how many years was it kept?
  31. 31.₹3000 earns ₹60 simple interest at 2% a year. For how many years was it kept?
  32. 32.₹5000 earns ₹800 simple interest at 4% a year. For how many years was it kept?
  33. 33.Rohan keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  34. 34.₹1000 earns ₹350 simple interest in 5 years. What is the rate of interest per year, in percent?
  35. 35.₹1000 earns ₹30 simple interest at 3% a year. For how many years was it kept?
  36. 36.₹2000 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  37. 37.₹5000 earns ₹1650 simple interest at 11% a year. For how many years was it kept?
  38. 38.₹500 earns ₹10 simple interest in 1 year. What is the rate of interest per year, in percent?
  39. 39.₹2000 earns ₹480 simple interest at 12% a year. For how many years was it kept?
  40. 40.₹4000 earns ₹2000 simple interest in 5 years. What is the rate of interest per year, in percent?

Answer key

  1. 2100
  2. 300
  3. 555
  4. 2
  5. 12
  6. 35
  7. 2
  8. 8
  9. 4
  10. 550
  11. 2750
  12. 2
  13. 4
  14. 4050
  15. 1080
  16. 6
  17. 12
  18. 3
  19. 4
  20. 180
  21. 45
  22. 240
  23. 4
  24. 8
  25. 80
  26. 1
  27. 3
  28. 4
  29. 50
  30. 3
  31. 1
  32. 4
  33. 1560
  34. 7
  35. 1
  36. 5
  37. 3
  38. 2
  39. 2
  40. 10

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