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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 321 · 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.₹1500 earns ₹300 simple interest at 4% a year. For how many years was it kept?
  2. 2.₹5000 earns ₹400 simple interest at 2% a year. For how many years was it kept?
  3. 3.Dev keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  4. 4.Arjun keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  5. 5.₹1500 earns ₹135 simple interest in 3 years. What is the rate of interest per year, in percent?
  6. 6.Riya keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  7. 7.₹3000 earns ₹990 simple interest at 11% a year. For how many years was it kept?
  8. 8.₹1500 earns ₹135 simple interest at 3% a year. For how many years was it kept?
  9. 9.Arjun keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  10. 10.₹1500 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  11. 11.₹4000 earns ₹480 simple interest in 1 year. What is the rate of interest per year, in percent?
  12. 12.₹2000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  13. 13.₹5000 earns ₹400 simple interest in 1 year. What is the rate of interest per year, in percent?
  14. 14.Anaya keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  15. 15.₹4000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  16. 16.Anaya keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  17. 17.Sara keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  18. 18.Sara keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Sara get in 2 years?
  19. 19.Ishaan keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  20. 20.₹500 earns ₹60 simple interest at 12% a year. For how many years was it kept?
  21. 21.Sara keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Sara get in 1 year?
  22. 22.Arjun keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  23. 23.₹2000 earns ₹660 simple interest at 11% a year. For how many years was it kept?
  24. 24.Riya keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  25. 25.Aarav keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  26. 26.₹1000 earns ₹210 simple interest at 7% a year. For how many years was it kept?
  27. 27.Riya keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 4 years?
  28. 28.₹4000 earns ₹1600 simple interest in 5 years. What is the rate of interest per year, in percent?
  29. 29.Riya keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  30. 30.Arjun keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  31. 31.Dev keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  32. 32.Sara keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  33. 33.₹500 earns ₹180 simple interest at 9% a year. For how many years was it kept?
  34. 34.Ishaan keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  35. 35.Meera keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  36. 36.₹1000 earns ₹110 simple interest in 1 year. What is the rate of interest per year, in percent?
  37. 37.Sara keeps ₹2500 in a bank at 6% simple interest a year. How many rupees of interest does Sara get in 2 years?
  38. 38.₹2000 earns ₹200 simple interest at 2% a year. For how many years was it kept?
  39. 39.Isha keeps ₹4000 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  40. 40.Meera keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Meera get in 5 years?

Answer key

  1. 5
  2. 4
  3. 2480
  4. 6800
  5. 3
  6. 1090
  7. 3
  8. 3
  9. 520
  10. 8
  11. 12
  12. 3
  13. 8
  14. 180
  15. 1
  16. 35
  17. 4350
  18. 660
  19. 360
  20. 1
  21. 120
  22. 3480
  23. 3
  24. 3540
  25. 70
  26. 3
  27. 1280
  28. 8
  29. 1200
  30. 200
  31. 1280
  32. 3960
  33. 4
  34. 160
  35. 600
  36. 11
  37. 300
  38. 5
  39. 6400
  40. 1375

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