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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 314 · 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.Meera keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  2. 2.₹4000 earns ₹320 simple interest in 1 year. What is the rate of interest per year, in percent?
  3. 3.Arjun keeps ₹1500 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  4. 4.₹500 earns ₹20 simple interest in 2 years. What is the rate of interest per year, in percent?
  5. 5.₹2500 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  6. 6.₹3000 earns ₹900 simple interest at 6% a year. For how many years was it kept?
  7. 7.Meera keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  8. 8.Arjun keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  9. 9.Anaya keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  10. 10.Arjun keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  11. 11.₹5000 earns ₹400 simple interest at 4% a year. For how many years was it kept?
  12. 12.₹4000 earns ₹2200 simple interest at 11% a year. For how many years was it kept?
  13. 13.₹1500 earns ₹420 simple interest in 4 years. What is the rate of interest per year, in percent?
  14. 14.₹2000 earns ₹320 simple interest in 2 years. What is the rate of interest per year, in percent?
  15. 15.₹4000 earns ₹1000 simple interest at 5% a year. For how many years was it kept?
  16. 16.₹500 earns ₹50 simple interest at 2% a year. For how many years was it kept?
  17. 17.₹2000 earns ₹80 simple interest at 2% a year. For how many years was it kept?
  18. 18.Meera keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Meera get in 2 years?
  19. 19.₹4000 earns ₹280 simple interest in 1 year. What is the rate of interest per year, in percent?
  20. 20.₹500 earns ₹10 simple interest in 1 year. What is the rate of interest per year, in percent?
  21. 21.₹2000 earns ₹600 simple interest in 3 years. What is the rate of interest per year, in percent?
  22. 22.Riya keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  23. 23.₹5000 earns ₹200 simple interest at 2% a year. For how many years was it kept?
  24. 24.Arjun keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  25. 25.Arjun keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  26. 26.Rohan keeps ₹2500 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  27. 27.₹2000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  28. 28.₹1000 earns ₹270 simple interest at 9% a year. For how many years was it kept?
  29. 29.Kabir keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  30. 30.Kabir keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  31. 31.₹3000 earns ₹450 simple interest in 5 years. What is the rate of interest per year, in percent?
  32. 32.Ishaan keeps ₹2000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  33. 33.Meera keeps ₹2500 in a bank at 6% simple interest a year. How many rupees of interest does Meera get in 1 year?
  34. 34.Aarav keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  35. 35.Kabir keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  36. 36.Diya keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Diya get in 4 years?
  37. 37.Sara keeps ₹5000 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  38. 38.Meera keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 3 years?
  39. 39.₹4000 earns ₹1920 simple interest in 4 years. What is the rate of interest per year, in percent?
  40. 40.Isha keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?

Answer key

  1. 5400
  2. 8
  3. 2160
  4. 2
  5. 6
  6. 5
  7. 2700
  8. 1560
  9. 60
  10. 120
  11. 2
  12. 5
  13. 7
  14. 8
  15. 5
  16. 5
  17. 2
  18. 60
  19. 7
  20. 2
  21. 10
  22. 2800
  23. 2
  24. 450
  25. 80
  26. 3250
  27. 6
  28. 3
  29. 200
  30. 3100
  31. 3
  32. 2140
  33. 150
  34. 140
  35. 660
  36. 1120
  37. 7000
  38. 120
  39. 12
  40. 2750

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