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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 334 · 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 ₹750 simple interest in 5 years. What is the rate of interest per year, in percent?
  2. 2.₹4000 earns ₹240 simple interest at 2% a year. For how many years was it kept?
  3. 3.₹3000 earns ₹360 simple interest at 3% a year. For how many years was it kept?
  4. 4.₹1500 earns ₹900 simple interest in 5 years. What is the rate of interest per year, in percent?
  5. 5.₹4000 earns ₹1600 simple interest in 4 years. What is the rate of interest per year, in percent?
  6. 6.Kabir keeps ₹5000 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  7. 7.Dev keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Dev get in 2 years?
  8. 8.Sara keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 1 year?
  9. 9.₹1500 earns ₹480 simple interest in 4 years. What is the rate of interest per year, in percent?
  10. 10.₹4000 earns ₹800 simple interest in 5 years. What is the rate of interest per year, in percent?
  11. 11.Sara keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  12. 12.₹1000 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  13. 13.Riya keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 5 years?
  14. 14.₹5000 earns ₹1000 simple interest at 5% a year. For how many years was it kept?
  15. 15.Aarav keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  16. 16.₹500 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  17. 17.Aarav keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  18. 18.₹500 earns ₹105 simple interest in 3 years. What is the rate of interest per year, in percent?
  19. 19.Sara keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Sara get in 3 years?
  20. 20.₹2500 earns ₹1200 simple interest in 4 years. What is the rate of interest per year, in percent?
  21. 21.Anaya keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  22. 22.₹500 earns ₹60 simple interest in 4 years. What is the rate of interest per year, in percent?
  23. 23.₹1000 earns ₹20 simple interest in 1 year. What is the rate of interest per year, in percent?
  24. 24.Dev keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 5 years?
  25. 25.₹2500 earns ₹1000 simple interest in 5 years. What is the rate of interest per year, in percent?
  26. 26.₹2000 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  27. 27.Isha keeps ₹4000 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  28. 28.₹4000 earns ₹320 simple interest in 2 years. What is the rate of interest per year, in percent?
  29. 29.₹1500 earns ₹300 simple interest at 5% a year. For how many years was it kept?
  30. 30.₹3000 earns ₹360 simple interest in 4 years. What is the rate of interest per year, in percent?
  31. 31.Arjun keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  32. 32.Isha keeps ₹500 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  33. 33.₹2500 earns ₹450 simple interest at 9% a year. For how many years was it kept?
  34. 34.₹1000 earns ₹120 simple interest at 3% a year. For how many years was it kept?
  35. 35.₹2000 earns ₹320 simple interest at 4% a year. For how many years was it kept?
  36. 36.₹1500 earns ₹270 simple interest in 3 years. What is the rate of interest per year, in percent?
  37. 37.Dev keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 3 years?
  38. 38.₹2500 earns ₹300 simple interest at 3% a year. For how many years was it kept?
  39. 39.₹2500 earns ₹675 simple interest at 9% a year. For how many years was it kept?
  40. 40.Rohan keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?

Answer key

  1. 6
  2. 3
  3. 4
  4. 12
  5. 10
  6. 6500
  7. 270
  8. 30
  9. 8
  10. 4
  11. 3120
  12. 2
  13. 225
  14. 4
  15. 30
  16. 4
  17. 3240
  18. 7
  19. 270
  20. 12
  21. 20
  22. 3
  23. 2
  24. 300
  25. 8
  26. 5
  27. 5600
  28. 4
  29. 4
  30. 3
  31. 1590
  32. 600
  33. 2
  34. 4
  35. 4
  36. 6
  37. 180
  38. 4
  39. 3
  40. 740

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