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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 302 · 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.₹500 earns ₹20 simple interest in 1 year. What is the rate of interest per year, in percent?
  2. 2.Aarav keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  3. 3.₹2000 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  4. 4.₹2000 earns ₹240 simple interest in 1 year. What is the rate of interest per year, in percent?
  5. 5.Riya keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  6. 6.Riya keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 5 years?
  7. 7.Riya keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 5 years?
  8. 8.₹1000 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  9. 9.₹1000 earns ₹110 simple interest in 1 year. What is the rate of interest per year, in percent?
  10. 10.Anaya keeps ₹2000 in a bank at 9% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  11. 11.₹500 earns ₹90 simple interest in 3 years. What is the rate of interest per year, in percent?
  12. 12.₹500 earns ₹60 simple interest at 4% a year. For how many years was it kept?
  13. 13.Anaya keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  14. 14.Dev keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Dev get in 1 year?
  15. 15.₹500 earns ₹30 simple interest in 3 years. What is the rate of interest per year, in percent?
  16. 16.Isha keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Isha get in 4 years?
  17. 17.Kabir keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  18. 18.₹1500 earns ₹60 simple interest in 2 years. What is the rate of interest per year, in percent?
  19. 19.₹4000 earns ₹1600 simple interest at 8% a year. For how many years was it kept?
  20. 20.Aarav keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  21. 21.₹2500 earns ₹200 simple interest in 4 years. What is the rate of interest per year, in percent?
  22. 22.₹500 earns ₹225 simple interest at 9% a year. For how many years was it kept?
  23. 23.₹2000 earns ₹120 simple interest at 3% a year. For how many years was it kept?
  24. 24.₹500 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  25. 25.Ishaan keeps ₹5000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  26. 26.₹4000 earns ₹880 simple interest in 2 years. What is the rate of interest per year, in percent?
  27. 27.Ishaan keeps ₹2500 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  28. 28.Aarav keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  29. 29.₹1500 earns ₹540 simple interest at 12% a year. For how many years was it kept?
  30. 30.Ishaan keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  31. 31.Aarav keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  32. 32.Ishaan keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  33. 33.Aarav keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  34. 34.Anaya keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  35. 35.₹2000 earns ₹720 simple interest at 9% a year. For how many years was it kept?
  36. 36.₹1000 earns ₹100 simple interest at 2% a year. For how many years was it kept?
  37. 37.₹1500 earns ₹225 simple interest at 5% a year. For how many years was it kept?
  38. 38.Riya keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 5 years?
  39. 39.₹3000 earns ₹300 simple interest at 10% a year. For how many years was it kept?
  40. 40.₹2000 earns ₹480 simple interest at 12% a year. For how many years was it kept?

Answer key

  1. 4
  2. 480
  3. 3
  4. 12
  5. 700
  6. 300
  7. 200
  8. 10
  9. 11
  10. 540
  11. 6
  12. 3
  13. 3300
  14. 30
  15. 2
  16. 240
  17. 1250
  18. 2
  19. 5
  20. 150
  21. 2
  22. 5
  23. 2
  24. 4
  25. 5800
  26. 11
  27. 2950
  28. 1140
  29. 3
  30. 120
  31. 530
  32. 100
  33. 1040
  34. 600
  35. 4
  36. 5
  37. 3
  38. 800
  39. 1
  40. 2

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