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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 304 · 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 2 years. What is the rate of interest per year, in percent?
  2. 2.₹1000 earns ₹400 simple interest in 4 years. What is the rate of interest per year, in percent?
  3. 3.₹2000 earns ₹420 simple interest in 3 years. What is the rate of interest per year, in percent?
  4. 4.Aarav keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  5. 5.₹4000 earns ₹1760 simple interest in 4 years. What is the rate of interest per year, in percent?
  6. 6.Dev keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Dev get in 1 year?
  7. 7.Diya keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Diya get in 2 years?
  8. 8.₹2000 earns ₹200 simple interest at 5% a year. For how many years was it kept?
  9. 9.₹1500 earns ₹120 simple interest in 4 years. What is the rate of interest per year, in percent?
  10. 10.Meera keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  11. 11.Riya keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  12. 12.Meera keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 3 years?
  13. 13.Kabir keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  14. 14.Rohan keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  15. 15.Aarav keeps ₹4000 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  16. 16.Isha keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Isha get in 1 year?
  17. 17.₹5000 earns ₹1750 simple interest at 7% a year. For how many years was it kept?
  18. 18.Rohan keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  19. 19.Anaya keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  20. 20.₹2000 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  21. 21.Sara keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  22. 22.₹1000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  23. 23.₹1000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  24. 24.₹500 earns ₹300 simple interest at 12% a year. For how many years was it kept?
  25. 25.₹500 earns ₹10 simple interest at 2% a year. For how many years was it kept?
  26. 26.₹1500 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  27. 27.₹2000 earns ₹200 simple interest at 10% a year. For how many years was it kept?
  28. 28.₹1000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  29. 29.Meera keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 1 year?
  30. 30.Ishaan keeps ₹2000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  31. 31.Diya keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 1 year?
  32. 32.Arjun keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  33. 33.₹4000 earns ₹800 simple interest in 4 years. What is the rate of interest per year, in percent?
  34. 34.₹3000 earns ₹360 simple interest in 1 year. What is the rate of interest per year, in percent?
  35. 35.Diya keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  36. 36.Kabir keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  37. 37.Sara keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Sara get in 1 year?
  38. 38.Diya keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 1 year?
  39. 39.₹500 earns ₹160 simple interest in 4 years. What is the rate of interest per year, in percent?
  40. 40.₹3000 earns ₹270 simple interest at 9% a year. For how many years was it kept?

Answer key

  1. 2
  2. 10
  3. 7
  4. 100
  5. 11
  6. 80
  7. 900
  8. 2
  9. 2
  10. 3600
  11. 5600
  12. 840
  13. 2575
  14. 5600
  15. 5440
  16. 225
  17. 5
  18. 2575
  19. 545
  20. 2
  21. 3120
  22. 12
  23. 12
  24. 5
  25. 1
  26. 8
  27. 1
  28. 12
  29. 300
  30. 2540
  31. 100
  32. 60
  33. 5
  34. 12
  35. 3450
  36. 30
  37. 50
  38. 30
  39. 8
  40. 1

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