Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 325 · 40 questions

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).

1. 1.₹3000 earns ₹630 simple interest at 7% a year. For how many years was it kept?
2. 2.₹2000 earns ₹300 simple interest at 3% a year. For how many years was it kept?
3. 3.Kabir keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
4. 4.₹4000 earns ₹480 simple interest at 12% a year. For how many years was it kept?
5. 5.₹4000 earns ₹240 simple interest in 1 year. What is the rate of interest per year, in percent?
6. 6.Ishaan keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
7. 7.₹500 earns ₹60 simple interest at 3% a year. For how many years was it kept?
8. 8.Meera keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
9. 9.₹2000 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
10. 10.Kabir keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 1 year?
11. 11.Sara keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Sara get in 3 years?
12. 12.Meera keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Meera get in 4 years?
13. 13.₹2000 earns ₹280 simple interest in 2 years. What is the rate of interest per year, in percent?
14. 14.Arjun keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 5 years?
15. 15.Aarav keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 5 years?
16. 16.Diya keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Diya get in 3 years?
17. 17.Riya keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 5 years?
18. 18.₹500 earns ₹160 simple interest in 4 years. What is the rate of interest per year, in percent?
19. 19.₹1500 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
20. 20.₹2500 earns ₹400 simple interest at 4% a year. For how many years was it kept?
21. 21.₹2500 earns ₹825 simple interest in 3 years. What is the rate of interest per year, in percent?
22. 22.₹1000 earns ₹150 simple interest in 3 years. What is the rate of interest per year, in percent?
23. 23.₹2500 earns ₹400 simple interest in 4 years. What is the rate of interest per year, in percent?
24. 24.₹1000 earns ₹400 simple interest at 10% a year. For how many years was it kept?
25. 25.Rohan keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 2 years?
26. 26.Dev keeps ₹2000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
27. 27.₹4000 earns ₹2000 simple interest at 10% a year. For how many years was it kept?
28. 28.Kabir keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
29. 29.Arjun keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
30. 30.Arjun keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
31. 31.₹4000 earns ₹600 simple interest at 5% a year. For how many years was it kept?
32. 32.₹4000 earns ₹1200 simple interest at 6% a year. For how many years was it kept?
33. 33.Aarav keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 3 years?
34. 34.Aarav keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Aarav get in 1 year?
35. 35.₹3000 earns ₹1350 simple interest in 5 years. What is the rate of interest per year, in percent?
36. 36.₹5000 earns ₹250 simple interest in 1 year. What is the rate of interest per year, in percent?
37. 37.₹1000 earns ₹100 simple interest in 5 years. What is the rate of interest per year, in percent?
38. 38.Meera keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Meera get in 3 years?
39. 39.₹3000 earns ₹600 simple interest at 4% a year. For how many years was it kept?
40. 40.Diya keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?

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