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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 324 · 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.₹3000 earns ₹960 simple interest at 8% a year. For how many years was it kept?
  2. 2.Anaya keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  3. 3.Anaya keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  4. 4.₹4000 earns ₹1200 simple interest at 10% a year. For how many years was it kept?
  5. 5.₹1000 earns ₹110 simple interest at 11% a year. For how many years was it kept?
  6. 6.Kabir keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  7. 7.₹5000 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  8. 8.₹2000 earns ₹420 simple interest in 3 years. What is the rate of interest per year, in percent?
  9. 9.₹1500 earns ₹315 simple interest at 7% a year. For how many years was it kept?
  10. 10.₹2500 earns ₹375 simple interest in 5 years. What is the rate of interest per year, in percent?
  11. 11.₹500 earns ₹75 simple interest at 3% a year. For how many years was it kept?
  12. 12.Riya keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 2 years?
  13. 13.Sara keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  14. 14.Arjun keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  15. 15.₹2000 earns ₹320 simple interest in 4 years. What is the rate of interest per year, in percent?
  16. 16.Ishaan keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  17. 17.₹2000 earns ₹320 simple interest in 2 years. What is the rate of interest per year, in percent?
  18. 18.₹3000 earns ₹600 simple interest in 4 years. What is the rate of interest per year, in percent?
  19. 19.₹4000 earns ₹1920 simple interest at 12% a year. For how many years was it kept?
  20. 20.₹2000 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  21. 21.Riya keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 2 years?
  22. 22.₹1000 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  23. 23.Meera keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  24. 24.₹1500 earns ₹165 simple interest at 11% a year. For how many years was it kept?
  25. 25.₹4000 earns ₹2400 simple interest in 5 years. What is the rate of interest per year, in percent?
  26. 26.Isha keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 1 year?
  27. 27.₹1500 earns ₹180 simple interest at 12% a year. For how many years was it kept?
  28. 28.Dev keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Dev get in 4 years?
  29. 29.Sara keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Sara get in 3 years?
  30. 30.₹2000 earns ₹240 simple interest at 6% a year. For how many years was it kept?
  31. 31.Meera keeps ₹2500 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  32. 32.Sara keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  33. 33.₹2500 earns ₹100 simple interest at 2% a year. For how many years was it kept?
  34. 34.₹1000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  35. 35.Sara keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  36. 36.Anaya keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  37. 37.Dev keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 5 years?
  38. 38.₹1000 earns ₹450 simple interest in 5 years. What is the rate of interest per year, in percent?
  39. 39.₹1000 earns ₹80 simple interest in 1 year. What is the rate of interest per year, in percent?
  40. 40.Meera keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?

Answer key

  1. 4
  2. 150
  3. 275
  4. 3
  5. 1
  6. 1200
  7. 4
  8. 7
  9. 3
  10. 3
  11. 5
  12. 120
  13. 1620
  14. 2750
  15. 4
  16. 60
  17. 8
  18. 5
  19. 4
  20. 5
  21. 600
  22. 2
  23. 1250
  24. 1
  25. 12
  26. 50
  27. 1
  28. 540
  29. 990
  30. 2
  31. 3400
  32. 525
  33. 2
  34. 12
  35. 2200
  36. 5300
  37. 1800
  38. 9
  39. 8
  40. 5200

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