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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 313 · 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.₹5000 earns ₹1350 simple interest at 9% a year. For how many years was it kept?
  2. 2.Dev keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 1 year?
  3. 3.Isha keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  4. 4.₹500 earns ₹125 simple interest in 5 years. What is the rate of interest per year, in percent?
  5. 5.₹1000 earns ₹280 simple interest in 4 years. What is the rate of interest per year, in percent?
  6. 6.₹5000 earns ₹2250 simple interest in 5 years. What is the rate of interest per year, in percent?
  7. 7.Ishaan keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  8. 8.Dev keeps ₹2500 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  9. 9.₹500 earns ₹135 simple interest in 3 years. What is the rate of interest per year, in percent?
  10. 10.₹1500 earns ₹825 simple interest in 5 years. What is the rate of interest per year, in percent?
  11. 11.₹1500 earns ₹315 simple interest at 7% a year. For how many years was it kept?
  12. 12.Diya keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Diya get in 2 years?
  13. 13.Arjun keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  14. 14.₹1500 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  15. 15.Kabir keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  16. 16.Kabir keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  17. 17.₹2500 earns ₹675 simple interest at 9% a year. For how many years was it kept?
  18. 18.Riya keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 3 years?
  19. 19.Aarav keeps ₹3000 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  20. 20.Meera keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  21. 21.Diya keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Diya get in 2 years?
  22. 22.Dev keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  23. 23.Arjun keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  24. 24.Rohan keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  25. 25.Diya keeps ₹5000 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  26. 26.₹4000 earns ₹160 simple interest in 1 year. What is the rate of interest per year, in percent?
  27. 27.₹4000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  28. 28.₹500 earns ₹55 simple interest at 11% a year. For how many years was it kept?
  29. 29.₹2000 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  30. 30.₹3000 earns ₹210 simple interest in 1 year. What is the rate of interest per year, in percent?
  31. 31.₹500 earns ₹140 simple interest at 7% a year. For how many years was it kept?
  32. 32.₹1500 earns ₹120 simple interest at 4% a year. For how many years was it kept?
  33. 33.Kabir keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  34. 34.₹2500 earns ₹275 simple interest in 1 year. What is the rate of interest per year, in percent?
  35. 35.Isha keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Isha get in 2 years?
  36. 36.₹5000 earns ₹1200 simple interest at 12% a year. For how many years was it kept?
  37. 37.Meera keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Meera get in 2 years?
  38. 38.₹4000 earns ₹960 simple interest in 4 years. What is the rate of interest per year, in percent?
  39. 39.Meera keeps ₹3000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  40. 40.₹1500 earns ₹270 simple interest in 2 years. What is the rate of interest per year, in percent?

Answer key

  1. 3
  2. 120
  3. 1500
  4. 5
  5. 7
  6. 9
  7. 3360
  8. 2950
  9. 9
  10. 11
  11. 3
  12. 70
  13. 1180
  14. 10
  15. 480
  16. 120
  17. 3
  18. 180
  19. 4080
  20. 3240
  21. 600
  22. 5600
  23. 30
  24. 640
  25. 6200
  26. 4
  27. 2
  28. 1
  29. 1
  30. 7
  31. 4
  32. 2
  33. 320
  34. 11
  35. 80
  36. 2
  37. 120
  38. 6
  39. 3150
  40. 9

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