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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 300 · 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.Kabir keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  2. 2.Arjun keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  3. 3.₹4000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  4. 4.₹5000 earns ₹500 simple interest at 5% a year. For how many years was it kept?
  5. 5.Aarav keeps ₹5000 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  6. 6.Ishaan keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  7. 7.₹500 earns ₹90 simple interest at 6% a year. For how many years was it kept?
  8. 8.Isha keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Isha get in 5 years?
  9. 9.Dev keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 1 year?
  10. 10.₹3000 earns ₹1050 simple interest at 7% a year. For how many years was it kept?
  11. 11.₹2500 earns ₹600 simple interest at 8% a year. For how many years was it kept?
  12. 12.Dev keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  13. 13.₹2000 earns ₹200 simple interest in 1 year. What is the rate of interest per year, in percent?
  14. 14.₹1000 earns ₹440 simple interest in 4 years. What is the rate of interest per year, in percent?
  15. 15.₹2500 earns ₹600 simple interest in 2 years. What is the rate of interest per year, in percent?
  16. 16.₹3000 earns ₹360 simple interest in 4 years. What is the rate of interest per year, in percent?
  17. 17.₹5000 earns ₹300 simple interest at 2% a year. For how many years was it kept?
  18. 18.₹5000 earns ₹1500 simple interest in 3 years. What is the rate of interest per year, in percent?
  19. 19.₹3000 earns ₹1200 simple interest in 5 years. What is the rate of interest per year, in percent?
  20. 20.₹4000 earns ₹2400 simple interest in 5 years. What is the rate of interest per year, in percent?
  21. 21.₹1000 earns ₹110 simple interest at 11% a year. For how many years was it kept?
  22. 22.₹500 earns ₹20 simple interest in 1 year. What is the rate of interest per year, in percent?
  23. 23.₹1500 earns ₹105 simple interest at 7% a year. For how many years was it kept?
  24. 24.Kabir keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  25. 25.₹4000 earns ₹320 simple interest at 4% a year. For how many years was it kept?
  26. 26.Anaya keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  27. 27.₹2000 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  28. 28.₹1500 earns ₹660 simple interest at 11% a year. For how many years was it kept?
  29. 29.₹3000 earns ₹480 simple interest in 2 years. What is the rate of interest per year, in percent?
  30. 30.₹4000 earns ₹480 simple interest at 4% a year. For how many years was it kept?
  31. 31.Dev keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 4 years?
  32. 32.₹4000 earns ₹1600 simple interest in 5 years. What is the rate of interest per year, in percent?
  33. 33.₹4000 earns ₹360 simple interest in 1 year. What is the rate of interest per year, in percent?
  34. 34.₹1000 earns ₹90 simple interest in 1 year. What is the rate of interest per year, in percent?
  35. 35.₹500 earns ₹75 simple interest at 3% a year. For how many years was it kept?
  36. 36.₹1500 earns ₹30 simple interest at 2% a year. For how many years was it kept?
  37. 37.Diya keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 2 years?
  38. 38.₹3000 earns ₹1200 simple interest at 8% a year. For how many years was it kept?
  39. 39.Isha keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  40. 40.Dev keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Dev get in 1 year?

Answer key

  1. 40
  2. 2160
  3. 3
  4. 2
  5. 600
  6. 4160
  7. 3
  8. 400
  9. 100
  10. 5
  11. 3
  12. 3480
  13. 10
  14. 11
  15. 12
  16. 3
  17. 3
  18. 10
  19. 8
  20. 12
  21. 1
  22. 4
  23. 1
  24. 50
  25. 2
  26. 200
  27. 5
  28. 4
  29. 8
  30. 3
  31. 700
  32. 8
  33. 9
  34. 9
  35. 5
  36. 1
  37. 1100
  38. 5
  39. 700
  40. 125

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