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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 310 · 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.₹3000 earns ₹1050 simple interest at 7% a year. For how many years was it kept?
  2. 2.₹2500 earns ₹1000 simple interest in 4 years. What is the rate of interest per year, in percent?
  3. 3.Anaya keeps ₹2000 in a bank at 9% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  4. 4.₹2000 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  5. 5.₹2500 earns ₹300 simple interest in 4 years. What is the rate of interest per year, in percent?
  6. 6.₹1000 earns ₹70 simple interest at 7% a year. For how many years was it kept?
  7. 7.Aarav keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  8. 8.₹2000 earns ₹440 simple interest in 2 years. What is the rate of interest per year, in percent?
  9. 9.Arjun keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  10. 10.Diya keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 4 years?
  11. 11.Riya keeps ₹5000 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  12. 12.₹2500 earns ₹450 simple interest at 9% a year. For how many years was it kept?
  13. 13.Sara keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  14. 14.Aarav keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  15. 15.₹1000 earns ₹300 simple interest at 10% a year. For how many years was it kept?
  16. 16.Meera keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  17. 17.Kabir keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  18. 18.Sara keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 5 years?
  19. 19.₹1500 earns ₹420 simple interest in 4 years. What is the rate of interest per year, in percent?
  20. 20.Diya keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  21. 21.₹2000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  22. 22.Rohan keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  23. 23.₹500 earns ₹80 simple interest in 2 years. What is the rate of interest per year, in percent?
  24. 24.₹5000 earns ₹1750 simple interest at 7% a year. For how many years was it kept?
  25. 25.Meera keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  26. 26.Ishaan keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  27. 27.Rohan keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  28. 28.Rohan keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  29. 29.Arjun keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  30. 30.Meera keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Meera get in 4 years?
  31. 31.Arjun keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  32. 32.₹1000 earns ₹400 simple interest at 8% a year. For how many years was it kept?
  33. 33.Kabir keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  34. 34.₹1500 earns ₹60 simple interest in 2 years. What is the rate of interest per year, in percent?
  35. 35.₹2000 earns ₹160 simple interest in 1 year. What is the rate of interest per year, in percent?
  36. 36.₹2500 earns ₹150 simple interest in 3 years. What is the rate of interest per year, in percent?
  37. 37.Riya keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Riya get in 2 years?
  38. 38.₹2000 earns ₹720 simple interest at 12% a year. For how many years was it kept?
  39. 39.₹3000 earns ₹720 simple interest in 2 years. What is the rate of interest per year, in percent?
  40. 40.₹3000 earns ₹180 simple interest in 2 years. What is the rate of interest per year, in percent?

Answer key

  1. 5
  2. 10
  3. 180
  4. 1
  5. 3
  6. 1
  7. 100
  8. 11
  9. 50
  10. 120
  11. 6600
  12. 2
  13. 1120
  14. 30
  15. 3
  16. 1070
  17. 150
  18. 750
  19. 7
  20. 4160
  21. 3
  22. 80
  23. 8
  24. 5
  25. 1545
  26. 1200
  27. 660
  28. 275
  29. 40
  30. 720
  31. 1100
  32. 5
  33. 575
  34. 2
  35. 8
  36. 2
  37. 220
  38. 3
  39. 12
  40. 3

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