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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 305 · 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 ₹60 simple interest in 4 years. What is the rate of interest per year, in percent?
  2. 2.₹1500 earns ₹90 simple interest at 3% a year. For how many years was it kept?
  3. 3.₹2000 earns ₹1000 simple interest in 5 years. What is the rate of interest per year, in percent?
  4. 4.Meera keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  5. 5.Anaya keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  6. 6.₹4000 earns ₹480 simple interest at 6% a year. For how many years was it kept?
  7. 7.₹4000 earns ₹1760 simple interest at 11% a year. For how many years was it kept?
  8. 8.Dev keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 3 years?
  9. 9.Ishaan keeps ₹2500 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  10. 10.₹5000 earns ₹300 simple interest at 3% a year. For how many years was it kept?
  11. 11.₹5000 earns ₹500 simple interest in 2 years. What is the rate of interest per year, in percent?
  12. 12.₹3000 earns ₹1200 simple interest at 8% a year. For how many years was it kept?
  13. 13.Dev keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 1 year?
  14. 14.₹4000 earns ₹800 simple interest in 2 years. What is the rate of interest per year, in percent?
  15. 15.₹2000 earns ₹80 simple interest in 1 year. What is the rate of interest per year, in percent?
  16. 16.₹2000 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  17. 17.Diya keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 3 years?
  18. 18.Rohan keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  19. 19.Meera keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 3 years?
  20. 20.Kabir keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  21. 21.Isha keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Isha get in 5 years?
  22. 22.₹3000 earns ₹360 simple interest at 6% a year. For how many years was it kept?
  23. 23.₹2000 earns ₹800 simple interest in 5 years. What is the rate of interest per year, in percent?
  24. 24.₹2000 earns ₹320 simple interest at 4% a year. For how many years was it kept?
  25. 25.Sara keeps ₹5000 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  26. 26.Riya keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  27. 27.₹2000 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  28. 28.Aarav keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  29. 29.₹1500 earns ₹240 simple interest at 4% a year. For how many years was it kept?
  30. 30.₹2000 earns ₹320 simple interest in 4 years. What is the rate of interest per year, in percent?
  31. 31.Ishaan keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  32. 32.Arjun keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  33. 33.Anaya keeps ₹2500 in a bank at 12% 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 1 year?
  35. 35.Kabir keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  36. 36.₹4000 earns ₹440 simple interest in 1 year. What is the rate of interest per year, in percent?
  37. 37.₹2000 earns ₹700 simple interest in 5 years. What is the rate of interest per year, in percent?
  38. 38.₹1500 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  39. 39.Anaya keeps ₹1000 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  40. 40.Anaya keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Anaya get in 4 years?

Answer key

  1. 3
  2. 2
  3. 10
  4. 2725
  5. 720
  6. 2
  7. 4
  8. 600
  9. 2625
  10. 2
  11. 5
  12. 5
  13. 120
  14. 10
  15. 4
  16. 2
  17. 300
  18. 2300
  19. 840
  20. 300
  21. 1250
  22. 2
  23. 8
  24. 4
  25. 6200
  26. 3500
  27. 3
  28. 210
  29. 4
  30. 4
  31. 90
  32. 825
  33. 3400
  34. 20
  35. 1560
  36. 11
  37. 7
  38. 4
  39. 1550
  40. 1800

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