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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 318 · 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.₹1000 earns ₹240 simple interest at 6% a year. For how many years was it kept?
  2. 2.Isha keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 4 years?
  3. 3.₹500 earns ₹60 simple interest at 3% a year. For how many years was it kept?
  4. 4.₹2500 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  5. 5.₹500 earns ₹165 simple interest in 3 years. What is the rate of interest per year, in percent?
  6. 6.₹4000 earns ₹1200 simple interest in 3 years. What is the rate of interest per year, in percent?
  7. 7.₹500 earns ₹15 simple interest in 1 year. What is the rate of interest per year, in percent?
  8. 8.₹1000 earns ₹440 simple interest in 4 years. What is the rate of interest per year, in percent?
  9. 9.₹1000 earns ₹220 simple interest in 2 years. What is the rate of interest per year, in percent?
  10. 10.₹2000 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  11. 11.Aarav keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  12. 12.Ishaan keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  13. 13.Ishaan keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  14. 14.Meera keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  15. 15.Ishaan keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  16. 16.₹500 earns ₹165 simple interest at 11% a year. For how many years was it kept?
  17. 17.Meera keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 4 years?
  18. 18.Isha keeps ₹2500 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  19. 19.Ishaan keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  20. 20.Meera keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 1 year?
  21. 21.₹2000 earns ₹1100 simple interest at 11% a year. For how many years was it kept?
  22. 22.₹1000 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  23. 23.₹2500 earns ₹600 simple interest at 12% a year. For how many years was it kept?
  24. 24.₹4000 earns ₹1440 simple interest in 3 years. What is the rate of interest per year, in percent?
  25. 25.₹4000 earns ₹480 simple interest at 12% a year. For how many years was it kept?
  26. 26.Arjun keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  27. 27.Meera keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 1 year?
  28. 28.Kabir keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  29. 29.Aarav keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  30. 30.Meera keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  31. 31.Aarav keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  32. 32.₹2500 earns ₹300 simple interest in 1 year. What is the rate of interest per year, in percent?
  33. 33.Meera keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  34. 34.Aarav keeps ₹4000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  35. 35.Sara keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  36. 36.₹1000 earns ₹150 simple interest in 5 years. What is the rate of interest per year, in percent?
  37. 37.Dev keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 4 years?
  38. 38.₹1500 earns ₹180 simple interest at 12% a year. For how many years was it kept?
  39. 39.Riya keeps ₹5000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  40. 40.₹1000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?

Answer key

  1. 4
  2. 300
  3. 4
  4. 6
  5. 11
  6. 10
  7. 3
  8. 11
  9. 11
  10. 1
  11. 2700
  12. 635
  13. 600
  14. 1560
  15. 540
  16. 3
  17. 500
  18. 2750
  19. 1360
  20. 45
  21. 5
  22. 2
  23. 2
  24. 12
  25. 1
  26. 720
  27. 175
  28. 40
  29. 300
  30. 3180
  31. 4400
  32. 12
  33. 2080
  34. 4720
  35. 3120
  36. 3
  37. 160
  38. 1
  39. 5900
  40. 6

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