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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 328 · 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.₹2500 earns ₹625 simple interest at 5% a year. For how many years was it kept?
  2. 2.₹1500 earns ₹660 simple interest at 11% a year. For how many years was it kept?
  3. 3.₹1000 earns ₹40 simple interest in 2 years. What is the rate of interest per year, in percent?
  4. 4.₹2000 earns ₹720 simple interest in 3 years. What is the rate of interest per year, in percent?
  5. 5.Aarav keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  6. 6.₹3000 earns ₹300 simple interest in 2 years. What is the rate of interest per year, in percent?
  7. 7.Riya keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  8. 8.Isha keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Isha get in 4 years?
  9. 9.₹5000 earns ₹500 simple interest in 1 year. What is the rate of interest per year, in percent?
  10. 10.Rohan keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  11. 11.Ishaan keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  12. 12.₹500 earns ₹25 simple interest in 1 year. What is the rate of interest per year, in percent?
  13. 13.Sara keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  14. 14.Arjun keeps ₹2500 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  15. 15.₹2500 earns ₹800 simple interest in 4 years. What is the rate of interest per year, in percent?
  16. 16.₹1500 earns ₹225 simple interest at 3% a year. For how many years was it kept?
  17. 17.₹1500 earns ₹45 simple interest in 1 year. What is the rate of interest per year, in percent?
  18. 18.Anaya keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  19. 19.Anaya keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  20. 20.₹5000 earns ₹250 simple interest at 5% a year. For how many years was it kept?
  21. 21.₹3000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  22. 22.Sara keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  23. 23.Riya keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 3 years?
  24. 24.Sara keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 4 years?
  25. 25.Ishaan keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  26. 26.Diya keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Diya get in 1 year?
  27. 27.Isha keeps ₹5000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  28. 28.₹1000 earns ₹210 simple interest in 3 years. What is the rate of interest per year, in percent?
  29. 29.₹1500 earns ₹540 simple interest at 9% a year. For how many years was it kept?
  30. 30.₹3000 earns ₹270 simple interest at 3% a year. For how many years was it kept?
  31. 31.Diya keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Diya get in 1 year?
  32. 32.Dev keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  33. 33.Kabir keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  34. 34.₹1500 earns ₹165 simple interest in 1 year. What is the rate of interest per year, in percent?
  35. 35.₹5000 earns ₹750 simple interest at 3% a year. For how many years was it kept?
  36. 36.Rohan keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  37. 37.₹500 earns ₹165 simple interest in 3 years. What is the rate of interest per year, in percent?
  38. 38.₹1500 earns ₹210 simple interest at 7% a year. For how many years was it kept?
  39. 39.Sara keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Sara get in 4 years?
  40. 40.₹5000 earns ₹1200 simple interest in 2 years. What is the rate of interest per year, in percent?

Answer key

  1. 5
  2. 4
  3. 2
  4. 12
  5. 1725
  6. 5
  7. 1090
  8. 200
  9. 10
  10. 810
  11. 1140
  12. 5
  13. 700
  14. 2750
  15. 8
  16. 5
  17. 3
  18. 1360
  19. 545
  20. 1
  21. 4
  22. 590
  23. 300
  24. 300
  25. 120
  26. 30
  27. 5400
  28. 7
  29. 4
  30. 3
  31. 40
  32. 1160
  33. 75
  34. 11
  35. 5
  36. 2750
  37. 11
  38. 2
  39. 360
  40. 12

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