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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 295 · 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.₹2000 earns ₹240 simple interest at 3% a year. For how many years was it kept?
  2. 2.Dev keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  3. 3.Anaya keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  4. 4.₹1000 earns ₹100 simple interest at 2% a year. For how many years was it kept?
  5. 5.₹3000 earns ₹480 simple interest in 2 years. What is the rate of interest per year, in percent?
  6. 6.₹4000 earns ₹1000 simple interest at 5% a year. For how many years was it kept?
  7. 7.Anaya keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  8. 8.Rohan keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  9. 9.Ishaan keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  10. 10.Riya keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 5 years?
  11. 11.₹1000 earns ₹200 simple interest at 4% a year. For how many years was it kept?
  12. 12.Meera keeps ₹500 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  13. 13.₹2000 earns ₹800 simple interest in 4 years. What is the rate of interest per year, in percent?
  14. 14.Rohan keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  15. 15.Ishaan keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  16. 16.₹500 earns ₹200 simple interest in 5 years. What is the rate of interest per year, in percent?
  17. 17.₹500 earns ₹30 simple interest at 6% a year. For how many years was it kept?
  18. 18.Ishaan keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  19. 19.Rohan keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  20. 20.₹1500 earns ₹450 simple interest in 3 years. What is the rate of interest per year, in percent?
  21. 21.₹4000 earns ₹1320 simple interest in 3 years. What is the rate of interest per year, in percent?
  22. 22.Rohan keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  23. 23.₹3000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  24. 24.Kabir keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  25. 25.₹5000 earns ₹750 simple interest in 5 years. What is the rate of interest per year, in percent?
  26. 26.Dev keeps ₹2000 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  27. 27.Aarav keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  28. 28.₹1000 earns ₹200 simple interest at 5% a year. For how many years was it kept?
  29. 29.₹2500 earns ₹250 simple interest at 2% a year. For how many years was it kept?
  30. 30.₹3000 earns ₹1650 simple interest in 5 years. What is the rate of interest per year, in percent?
  31. 31.Isha keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Isha get in 5 years?
  32. 32.₹1000 earns ₹60 simple interest at 6% a year. For how many years was it kept?
  33. 33.₹4000 earns ₹640 simple interest in 4 years. What is the rate of interest per year, in percent?
  34. 34.₹500 earns ₹180 simple interest in 4 years. What is the rate of interest per year, in percent?
  35. 35.₹5000 earns ₹200 simple interest at 4% a year. For how many years was it kept?
  36. 36.Anaya keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  37. 37.Arjun keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  38. 38.₹2500 earns ₹875 simple interest at 7% a year. For how many years was it kept?
  39. 39.Ishaan keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  40. 40.₹4000 earns ₹600 simple interest at 5% a year. For how many years was it kept?

Answer key

  1. 4
  2. 3540
  3. 1050
  4. 5
  5. 8
  6. 5
  7. 1000
  8. 5300
  9. 500
  10. 250
  11. 5
  12. 550
  13. 10
  14. 320
  15. 5500
  16. 8
  17. 1
  18. 450
  19. 360
  20. 10
  21. 11
  22. 1210
  23. 4
  24. 165
  25. 3
  26. 2600
  27. 330
  28. 4
  29. 5
  30. 11
  31. 75
  32. 1
  33. 4
  34. 9
  35. 1
  36. 15
  37. 5120
  38. 5
  39. 15
  40. 3

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