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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 297 · 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.₹3000 earns ₹660 simple interest in 2 years. What is the rate of interest per year, in percent?
  2. 2.₹4000 earns ₹640 simple interest in 2 years. What is the rate of interest per year, in percent?
  3. 3.Dev keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 2 years?
  4. 4.Kabir keeps ₹2000 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  5. 5.₹5000 earns ₹600 simple interest at 6% a year. For how many years was it kept?
  6. 6.₹4000 earns ₹440 simple interest in 1 year. What is the rate of interest per year, in percent?
  7. 7.₹2000 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  8. 8.Arjun keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  9. 9.Anaya keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  10. 10.Sara keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 2 years?
  11. 11.Diya keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 2 years?
  12. 12.Riya keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 2 years?
  13. 13.Riya keeps ₹5000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  14. 14.Anaya keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  15. 15.₹1000 earns ₹200 simple interest at 5% a year. For how many years was it kept?
  16. 16.Isha keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  17. 17.₹1000 earns ₹270 simple interest in 3 years. What is the rate of interest per year, in percent?
  18. 18.₹500 earns ₹240 simple interest in 4 years. What is the rate of interest per year, in percent?
  19. 19.Aarav keeps ₹500 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  20. 20.₹2000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  21. 21.₹2500 earns ₹1250 simple interest at 10% a year. For how many years was it kept?
  22. 22.Kabir keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  23. 23.₹3000 earns ₹600 simple interest in 2 years. What is the rate of interest per year, in percent?
  24. 24.Riya keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  25. 25.₹2000 earns ₹880 simple interest in 4 years. What is the rate of interest per year, in percent?
  26. 26.Arjun keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  27. 27.Riya keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 1 year?
  28. 28.₹500 earns ₹250 simple interest at 10% a year. For how many years was it kept?
  29. 29.₹2500 earns ₹875 simple interest at 7% a year. For how many years was it kept?
  30. 30.₹2500 earns ₹175 simple interest in 1 year. What is the rate of interest per year, in percent?
  31. 31.₹1000 earns ₹160 simple interest in 4 years. What is the rate of interest per year, in percent?
  32. 32.Kabir keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  33. 33.₹1000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  34. 34.₹5000 earns ₹400 simple interest at 8% a year. For how many years was it kept?
  35. 35.Aarav keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  36. 36.Meera keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  37. 37.₹2500 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  38. 38.Meera keeps ₹2000 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  39. 39.₹1000 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  40. 40.₹5000 earns ₹750 simple interest at 3% a year. For how many years was it kept?

Answer key

  1. 11
  2. 8
  3. 240
  4. 720
  5. 2
  6. 11
  7. 10
  8. 150
  9. 1400
  10. 80
  11. 120
  12. 320
  13. 6350
  14. 550
  15. 4
  16. 5100
  17. 9
  18. 12
  19. 650
  20. 6
  21. 5
  22. 1080
  23. 10
  24. 3270
  25. 11
  26. 800
  27. 40
  28. 5
  29. 5
  30. 7
  31. 4
  32. 75
  33. 12
  34. 1
  35. 40
  36. 2400
  37. 2
  38. 2660
  39. 10
  40. 5

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