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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 333 · 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.₹500 earns ₹60 simple interest at 6% a year. For how many years was it kept?
  2. 2.Arjun keeps ₹3000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  3. 3.₹1500 earns ₹540 simple interest at 9% a year. For how many years was it kept?
  4. 4.₹2000 earns ₹80 simple interest in 2 years. What is the rate of interest per year, in percent?
  5. 5.Aarav keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  6. 6.₹1000 earns ₹180 simple interest in 2 years. What is the rate of interest per year, in percent?
  7. 7.Riya keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  8. 8.Diya keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Diya get in 2 years?
  9. 9.Ishaan keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  10. 10.₹3000 earns ₹480 simple interest in 4 years. What is the rate of interest per year, in percent?
  11. 11.Dev keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  12. 12.Diya keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 1 year?
  13. 13.₹4000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  14. 14.₹500 earns ₹275 simple interest at 11% a year. For how many years was it kept?
  15. 15.Anaya keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  16. 16.₹1000 earns ₹90 simple interest in 1 year. What is the rate of interest per year, in percent?
  17. 17.Aarav keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  18. 18.Arjun keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  19. 19.Ishaan keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  20. 20.Ishaan keeps ₹2000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  21. 21.Riya keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 2 years?
  22. 22.Sara keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 5 years?
  23. 23.₹1000 earns ₹600 simple interest at 12% a year. For how many years was it kept?
  24. 24.₹500 earns ₹50 simple interest at 2% a year. For how many years was it kept?
  25. 25.₹2500 earns ₹1125 simple interest at 9% a year. For how many years was it kept?
  26. 26.Meera keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 5 years?
  27. 27.₹2000 earns ₹720 simple interest in 3 years. What is the rate of interest per year, in percent?
  28. 28.Ishaan keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  29. 29.Arjun keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  30. 30.Aarav keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  31. 31.Arjun keeps ₹3000 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  32. 32.₹1000 earns ₹550 simple interest in 5 years. What is the rate of interest per year, in percent?
  33. 33.₹5000 earns ₹2000 simple interest in 5 years. What is the rate of interest per year, in percent?
  34. 34.Anaya keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  35. 35.Aarav keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  36. 36.Isha keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  37. 37.₹1000 earns ₹160 simple interest at 4% a year. For how many years was it kept?
  38. 38.₹1500 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
  39. 39.Dev keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 1 year?
  40. 40.Diya keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 4 years?

Answer key

  1. 2
  2. 3150
  3. 4
  4. 2
  5. 1040
  6. 9
  7. 3700
  8. 300
  9. 360
  10. 4
  11. 555
  12. 55
  13. 2
  14. 5
  15. 200
  16. 9
  17. 1000
  18. 80
  19. 1050
  20. 2560
  21. 100
  22. 300
  23. 5
  24. 5
  25. 5
  26. 200
  27. 12
  28. 450
  29. 60
  30. 10
  31. 3360
  32. 11
  33. 8
  34. 120
  35. 600
  36. 3480
  37. 4
  38. 2
  39. 70
  40. 1320

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