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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 326 · 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.₹5000 earns ₹300 simple interest in 1 year. What is the rate of interest per year, in percent?
  2. 2.Riya keeps ₹500 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  3. 3.Meera keeps ₹4000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  4. 4.₹1500 earns ₹30 simple interest at 2% a year. For how many years was it kept?
  5. 5.Anaya keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  6. 6.₹1500 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  7. 7.₹5000 earns ₹1100 simple interest at 11% a year. For how many years was it kept?
  8. 8.Dev keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Dev get in 4 years?
  9. 9.Meera keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Meera get in 3 years?
  10. 10.₹3000 earns ₹600 simple interest at 5% a year. For how many years was it kept?
  11. 11.₹2500 earns ₹500 simple interest at 5% a year. For how many years was it kept?
  12. 12.Diya keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  13. 13.Sara keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Sara get in 4 years?
  14. 14.Rohan keeps ₹1000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  15. 15.Arjun keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  16. 16.Aarav keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  17. 17.Ishaan keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  18. 18.Diya keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Diya get in 2 years?
  19. 19.Ishaan keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  20. 20.₹500 earns ₹165 simple interest in 3 years. What is the rate of interest per year, in percent?
  21. 21.Meera keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  22. 22.Dev keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Dev get in 5 years?
  23. 23.₹2500 earns ₹125 simple interest in 1 year. What is the rate of interest per year, in percent?
  24. 24.Riya keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  25. 25.Sara keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Sara get in 2 years?
  26. 26.₹500 earns ₹200 simple interest at 10% a year. For how many years was it kept?
  27. 27.₹1500 earns ₹360 simple interest at 6% a year. For how many years was it kept?
  28. 28.₹500 earns ₹35 simple interest in 1 year. What is the rate of interest per year, in percent?
  29. 29.Isha keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  30. 30.₹3000 earns ₹600 simple interest at 10% a year. For how many years was it kept?
  31. 31.₹2000 earns ₹500 simple interest at 5% a year. For how many years was it kept?
  32. 32.₹5000 earns ₹1050 simple interest in 3 years. What is the rate of interest per year, in percent?
  33. 33.Meera keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  34. 34.₹5000 earns ₹900 simple interest in 2 years. What is the rate of interest per year, in percent?
  35. 35.₹1000 earns ₹600 simple interest at 12% a year. For how many years was it kept?
  36. 36.₹2500 earns ₹375 simple interest at 3% a year. For how many years was it kept?
  37. 37.₹1500 earns ₹825 simple interest at 11% a year. For how many years was it kept?
  38. 38.₹2500 earns ₹175 simple interest at 7% a year. For how many years was it kept?
  39. 39.₹5000 earns ₹1500 simple interest in 5 years. What is the rate of interest per year, in percent?
  40. 40.₹1500 earns ₹540 simple interest in 3 years. What is the rate of interest per year, in percent?

Answer key

  1. 6
  2. 530
  3. 4320
  4. 1
  5. 575
  6. 8
  7. 2
  8. 900
  9. 90
  10. 4
  11. 4
  12. 4600
  13. 120
  14. 1480
  15. 480
  16. 80
  17. 60
  18. 300
  19. 3420
  20. 11
  21. 680
  22. 2200
  23. 5
  24. 1070
  25. 120
  26. 4
  27. 4
  28. 7
  29. 4080
  30. 2
  31. 5
  32. 7
  33. 1210
  34. 9
  35. 5
  36. 5
  37. 5
  38. 1
  39. 6
  40. 12

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