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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 309 · 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.₹2500 earns ₹500 simple interest at 10% a year. For how many years was it kept?
  2. 2.Arjun keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  3. 3.₹1000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  4. 4.Ishaan keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  5. 5.Diya keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  6. 6.Anaya keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  7. 7.₹500 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  8. 8.₹1500 earns ₹180 simple interest in 2 years. What is the rate of interest per year, in percent?
  9. 9.₹2000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  10. 10.Arjun keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  11. 11.Ishaan keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  12. 12.₹2500 earns ₹525 simple interest in 3 years. What is the rate of interest per year, in percent?
  13. 13.Arjun keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  14. 14.₹1000 earns ₹320 simple interest in 4 years. What is the rate of interest per year, in percent?
  15. 15.Dev keeps ₹2000 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  16. 16.₹4000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  17. 17.₹3000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  18. 18.₹4000 earns ₹600 simple interest at 5% a year. For how many years was it kept?
  19. 19.Diya keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Diya get in 3 years?
  20. 20.₹2000 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  21. 21.₹2500 earns ₹250 simple interest in 2 years. What is the rate of interest per year, in percent?
  22. 22.₹4000 earns ₹160 simple interest in 1 year. What is the rate of interest per year, in percent?
  23. 23.₹1000 earns ₹60 simple interest in 3 years. What is the rate of interest per year, in percent?
  24. 24.Meera keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Meera get in 5 years?
  25. 25.₹5000 earns ₹500 simple interest in 2 years. What is the rate of interest per year, in percent?
  26. 26.Meera keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  27. 27.₹500 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  28. 28.Arjun keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  29. 29.Meera keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Meera get in 1 year?
  30. 30.Anaya keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  31. 31.₹1000 earns ₹480 simple interest in 4 years. What is the rate of interest per year, in percent?
  32. 32.₹5000 earns ₹2400 simple interest at 12% a year. For how many years was it kept?
  33. 33.Anaya keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  34. 34.₹1000 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  35. 35.Isha keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  36. 36.₹2500 earns ₹600 simple interest in 4 years. What is the rate of interest per year, in percent?
  37. 37.₹2500 earns ₹550 simple interest at 11% a year. For how many years was it kept?
  38. 38.₹1000 earns ₹110 simple interest in 1 year. What is the rate of interest per year, in percent?
  39. 39.₹3000 earns ₹240 simple interest at 2% a year. For how many years was it kept?
  40. 40.₹4000 earns ₹480 simple interest in 1 year. What is the rate of interest per year, in percent?

Answer key

  1. 2
  2. 600
  3. 12
  4. 125
  5. 3360
  6. 575
  7. 12
  8. 6
  9. 6
  10. 60
  11. 5450
  12. 7
  13. 575
  14. 8
  15. 2800
  16. 3
  17. 4
  18. 3
  19. 300
  20. 1
  21. 5
  22. 4
  23. 2
  24. 275
  25. 5
  26. 2875
  27. 8
  28. 1400
  29. 110
  30. 1500
  31. 12
  32. 4
  33. 80
  34. 5
  35. 1200
  36. 6
  37. 2
  38. 11
  39. 4
  40. 12

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