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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 296 · 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 ₹100 simple interest at 5% a year. For how many years was it kept?
  2. 2.Diya keeps ₹5000 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  3. 3.₹4000 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  4. 4.Diya keeps ₹2000 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  5. 5.₹4000 earns ₹360 simple interest at 3% a year. For how many years was it kept?
  6. 6.Riya keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 4 years?
  7. 7.₹2000 earns ₹500 simple interest in 5 years. What is the rate of interest per year, in percent?
  8. 8.Diya keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Diya get in 1 year?
  9. 9.Diya keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Diya get in 3 years?
  10. 10.₹2500 earns ₹1200 simple interest in 4 years. What is the rate of interest per year, in percent?
  11. 11.Diya keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Diya get in 4 years?
  12. 12.Riya keeps ₹1500 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  13. 13.Isha keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  14. 14.Rohan keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  15. 15.₹5000 earns ₹1500 simple interest in 5 years. What is the rate of interest per year, in percent?
  16. 16.Arjun keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  17. 17.Arjun keeps ₹3000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  18. 18.Sara keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Sara get in 3 years?
  19. 19.₹2500 earns ₹150 simple interest in 3 years. What is the rate of interest per year, in percent?
  20. 20.₹1000 earns ₹80 simple interest in 1 year. What is the rate of interest per year, in percent?
  21. 21.Diya keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 3 years?
  22. 22.Anaya keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  23. 23.₹2000 earns ₹360 simple interest at 9% a year. For how many years was it kept?
  24. 24.₹1500 earns ₹540 simple interest at 9% a year. For how many years was it kept?
  25. 25.Sara keeps ₹2000 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  26. 26.Riya keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  27. 27.₹4000 earns ₹720 simple interest at 6% a year. For how many years was it kept?
  28. 28.₹5000 earns ₹1800 simple interest at 12% a year. For how many years was it kept?
  29. 29.₹3000 earns ₹60 simple interest at 2% a year. For how many years was it kept?
  30. 30.Meera keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 4 years?
  31. 31.₹1500 earns ₹825 simple interest at 11% a year. For how many years was it kept?
  32. 32.Kabir keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  33. 33.Diya keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Diya get in 2 years?
  34. 34.₹2500 earns ₹1200 simple interest at 12% a year. For how many years was it kept?
  35. 35.Kabir keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  36. 36.₹1500 earns ₹60 simple interest at 2% a year. For how many years was it kept?
  37. 37.Arjun keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  38. 38.₹1000 earns ₹160 simple interest at 4% a year. For how many years was it kept?
  39. 39.₹5000 earns ₹1600 simple interest in 4 years. What is the rate of interest per year, in percent?
  40. 40.₹2500 earns ₹375 simple interest in 3 years. What is the rate of interest per year, in percent?

Answer key

  1. 1
  2. 6500
  3. 5
  4. 2200
  5. 3
  6. 1800
  7. 5
  8. 70
  9. 270
  10. 12
  11. 1200
  12. 1650
  13. 3060
  14. 640
  15. 6
  16. 2360
  17. 4440
  18. 210
  19. 2
  20. 8
  21. 990
  22. 540
  23. 2
  24. 4
  25. 2480
  26. 3240
  27. 3
  28. 3
  29. 1
  30. 1440
  31. 5
  32. 20
  33. 60
  34. 4
  35. 4800
  36. 2
  37. 30
  38. 4
  39. 8
  40. 5

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