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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 316 · 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.Riya keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  2. 2.₹1000 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  3. 3.₹1500 earns ₹60 simple interest at 4% a year. For how many years was it kept?
  4. 4.₹5000 earns ₹300 simple interest in 2 years. What is the rate of interest per year, in percent?
  5. 5.Meera keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Meera get in 2 years?
  6. 6.Anaya keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  7. 7.₹1500 earns ₹300 simple interest in 2 years. What is the rate of interest per year, in percent?
  8. 8.Isha keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Isha get in 4 years?
  9. 9.Ishaan keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  10. 10.₹500 earns ₹15 simple interest at 3% a year. For how many years was it kept?
  11. 11.Rohan keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  12. 12.₹2000 earns ₹200 simple interest at 5% a year. For how many years was it kept?
  13. 13.Riya keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  14. 14.Anaya keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  15. 15.Isha keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Isha get in 5 years?
  16. 16.Riya keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  17. 17.₹2000 earns ₹240 simple interest at 4% a year. For how many years was it kept?
  18. 18.₹4000 earns ₹320 simple interest in 4 years. What is the rate of interest per year, in percent?
  19. 19.Dev keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Dev get in 4 years?
  20. 20.₹1000 earns ₹200 simple interest in 5 years. What is the rate of interest per year, in percent?
  21. 21.₹1500 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  22. 22.₹500 earns ₹105 simple interest at 7% a year. For how many years was it kept?
  23. 23.Kabir keeps ₹3000 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  24. 24.₹3000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  25. 25.₹4000 earns ₹440 simple interest in 1 year. What is the rate of interest per year, in percent?
  26. 26.₹1000 earns ₹120 simple interest at 12% a year. For how many years was it kept?
  27. 27.₹2000 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  28. 28.₹5000 earns ₹1750 simple interest in 5 years. What is the rate of interest per year, in percent?
  29. 29.Meera keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  30. 30.Isha keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  31. 31.Rohan keeps ₹1500 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  32. 32.Anaya keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  33. 33.₹1500 earns ₹675 simple interest in 5 years. What is the rate of interest per year, in percent?
  34. 34.Kabir keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  35. 35.Kabir keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  36. 36.₹1500 earns ₹330 simple interest in 2 years. What is the rate of interest per year, in percent?
  37. 37.₹4000 earns ₹2000 simple interest at 10% a year. For how many years was it kept?
  38. 38.Sara keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Sara get in 5 years?
  39. 39.Arjun keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  40. 40.₹2500 earns ₹550 simple interest at 11% a year. For how many years was it kept?

Answer key

  1. 1320
  2. 5
  3. 1
  4. 3
  5. 150
  6. 2900
  7. 10
  8. 560
  9. 200
  10. 1
  11. 20
  12. 2
  13. 2875
  14. 2160
  15. 150
  16. 4720
  17. 3
  18. 2
  19. 540
  20. 4
  21. 8
  22. 3
  23. 840
  24. 2
  25. 11
  26. 1
  27. 2
  28. 7
  29. 1080
  30. 510
  31. 1770
  32. 2040
  33. 9
  34. 600
  35. 40
  36. 11
  37. 5
  38. 300
  39. 900
  40. 2

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