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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 3 · 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.₹5000 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  2. 2.₹2500 earns ₹375 simple interest at 3% a year. For how many years was it kept?
  3. 3.₹2500 earns ₹350 simple interest at 7% a year. For how many years was it kept?
  4. 4.₹500 earns ₹200 simple interest at 10% a year. For how many years was it kept?
  5. 5.Isha keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Isha get in 5 years?
  6. 6.₹5000 earns ₹2250 simple interest at 9% a year. For how many years was it kept?
  7. 7.Anaya keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  8. 8.₹5000 earns ₹1800 simple interest at 9% a year. For how many years was it kept?
  9. 9.₹4000 earns ₹1600 simple interest at 10% a year. For how many years was it kept?
  10. 10.₹5000 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  11. 11.₹1500 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  12. 12.₹5000 earns ₹400 simple interest at 2% a year. For how many years was it kept?
  13. 13.Dev keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Dev get in 3 years?
  14. 14.₹2000 earns ₹420 simple interest at 7% a year. For how many years was it kept?
  15. 15.Aarav keeps ₹3000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  16. 16.Kabir keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  17. 17.Riya keeps ₹5000 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 5 years?
  18. 18.₹1000 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  19. 19.₹3000 earns ₹1350 simple interest in 5 years. What is the rate of interest per year, in percent?
  20. 20.Aarav keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  21. 21.Meera keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 2 years?
  22. 22.Rohan keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  23. 23.₹1500 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  24. 24.Sara keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 1 year?
  25. 25.Anaya keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  26. 26.Aarav keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  27. 27.Aarav keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  28. 28.₹4000 earns ₹480 simple interest at 3% a year. For how many years was it kept?
  29. 29.₹1000 earns ₹110 simple interest in 1 year. What is the rate of interest per year, in percent?
  30. 30.Kabir keeps ₹1000 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  31. 31.Ishaan keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  32. 32.₹2000 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  33. 33.Aarav keeps ₹5000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  34. 34.Isha keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Isha get in 5 years?
  35. 35.₹5000 earns ₹1200 simple interest in 4 years. What is the rate of interest per year, in percent?
  36. 36.₹500 earns ₹100 simple interest at 10% a year. For how many years was it kept?
  37. 37.₹5000 earns ₹3000 simple interest in 5 years. What is the rate of interest per year, in percent?
  38. 38.₹2000 earns ₹240 simple interest in 4 years. What is the rate of interest per year, in percent?
  39. 39.₹5000 earns ₹500 simple interest in 1 year. What is the rate of interest per year, in percent?
  40. 40.₹2500 earns ₹125 simple interest in 1 year. What is the rate of interest per year, in percent?

Answer key

  1. 2
  2. 5
  3. 2
  4. 4
  5. 1350
  6. 5
  7. 480
  8. 4
  9. 4
  10. 1
  11. 4
  12. 4
  13. 600
  14. 3
  15. 3600
  16. 180
  17. 2000
  18. 6
  19. 9
  20. 160
  21. 100
  22. 220
  23. 4
  24. 120
  25. 720
  26. 2240
  27. 1250
  28. 4
  29. 11
  30. 1120
  31. 360
  32. 5
  33. 6350
  34. 100
  35. 6
  36. 2
  37. 12
  38. 3
  39. 10
  40. 5

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