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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 298 · 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.Isha keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Isha get in 1 year?
  2. 2.₹2000 earns ₹240 simple interest in 1 year. What is the rate of interest per year, in percent?
  3. 3.Meera keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Meera get in 5 years?
  4. 4.₹5000 earns ₹350 simple interest in 1 year. What is the rate of interest per year, in percent?
  5. 5.₹2500 earns ₹300 simple interest at 12% a year. For how many years was it kept?
  6. 6.₹4000 earns ₹1320 simple interest at 11% a year. For how many years was it kept?
  7. 7.Sara keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 1 year?
  8. 8.₹5000 earns ₹1600 simple interest at 8% a year. For how many years was it kept?
  9. 9.Anaya keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  10. 10.₹500 earns ₹105 simple interest at 7% a year. For how many years was it kept?
  11. 11.₹2000 earns ₹440 simple interest at 11% a year. For how many years was it kept?
  12. 12.Rohan keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  13. 13.₹3000 earns ₹360 simple interest at 3% a year. For how many years was it kept?
  14. 14.₹1000 earns ₹180 simple interest at 6% a year. For how many years was it kept?
  15. 15.Kabir keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  16. 16.Riya keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  17. 17.₹4000 earns ₹200 simple interest at 5% a year. For how many years was it kept?
  18. 18.Ishaan keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  19. 19.Arjun keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  20. 20.₹2000 earns ₹180 simple interest in 1 year. What is the rate of interest per year, in percent?
  21. 21.Diya keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  22. 22.Anaya keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  23. 23.₹3000 earns ₹180 simple interest at 2% a year. For how many years was it kept?
  24. 24.₹1500 earns ₹150 simple interest in 2 years. What is the rate of interest per year, in percent?
  25. 25.₹1500 earns ₹525 simple interest at 7% a year. For how many years was it kept?
  26. 26.Aarav keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  27. 27.₹3000 earns ₹180 simple interest in 2 years. What is the rate of interest per year, in percent?
  28. 28.Ishaan keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  29. 29.Rohan keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  30. 30.Anaya keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  31. 31.₹500 earns ₹15 simple interest at 3% a year. For how many years was it kept?
  32. 32.₹2000 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  33. 33.Meera keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 1 year?
  34. 34.₹5000 earns ₹100 simple interest at 2% a year. For how many years was it kept?
  35. 35.₹1000 earns ₹400 simple interest at 10% a year. For how many years was it kept?
  36. 36.₹4000 earns ₹800 simple interest in 4 years. What is the rate of interest per year, in percent?
  37. 37.₹4000 earns ₹240 simple interest at 2% a year. For how many years was it kept?
  38. 38.Dev keeps ₹1000 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  39. 39.₹1500 earns ₹180 simple interest in 2 years. What is the rate of interest per year, in percent?
  40. 40.₹3000 earns ₹420 simple interest in 2 years. What is the rate of interest per year, in percent?

Answer key

  1. 300
  2. 12
  3. 1200
  4. 7
  5. 1
  6. 3
  7. 120
  8. 4
  9. 720
  10. 3
  11. 2
  12. 3360
  13. 4
  14. 3
  15. 640
  16. 1200
  17. 1
  18. 4120
  19. 300
  20. 9
  21. 2950
  22. 720
  23. 3
  24. 5
  25. 5
  26. 160
  27. 3
  28. 4800
  29. 400
  30. 240
  31. 1
  32. 1
  33. 80
  34. 1
  35. 4
  36. 5
  37. 3
  38. 1440
  39. 6
  40. 7

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