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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 336 · 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 ₹250 simple interest at 5% a year. For how many years was it kept?
  2. 2.Dev keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Dev get in 1 year?
  3. 3.₹500 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  4. 4.₹5000 earns ₹200 simple interest in 1 year. What is the rate of interest per year, in percent?
  5. 5.Arjun keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  6. 6.₹1500 earns ₹180 simple interest at 6% a year. For how many years was it kept?
  7. 7.₹500 earns ₹60 simple interest at 3% a year. For how many years was it kept?
  8. 8.₹1500 earns ₹105 simple interest in 1 year. What is the rate of interest per year, in percent?
  9. 9.Anaya keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  10. 10.Diya keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Diya get in 4 years?
  11. 11.Ishaan keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  12. 12.Aarav keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  13. 13.Riya keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  14. 14.₹2000 earns ₹400 simple interest in 4 years. What is the rate of interest per year, in percent?
  15. 15.Riya keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  16. 16.Sara keeps ₹2000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  17. 17.₹5000 earns ₹500 simple interest at 2% a year. For how many years was it kept?
  18. 18.₹2000 earns ₹180 simple interest at 3% a year. For how many years was it kept?
  19. 19.₹1000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  20. 20.Anaya keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  21. 21.₹500 earns ₹100 simple interest at 5% a year. For how many years was it kept?
  22. 22.Sara keeps ₹1500 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  23. 23.Anaya keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  24. 24.Aarav keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  25. 25.₹3000 earns ₹1080 simple interest at 12% a year. For how many years was it kept?
  26. 26.Kabir keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  27. 27.₹4000 earns ₹480 simple interest in 3 years. What is the rate of interest per year, in percent?
  28. 28.₹1500 earns ₹240 simple interest at 4% a year. For how many years was it kept?
  29. 29.Isha keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  30. 30.₹2000 earns ₹300 simple interest at 5% a year. For how many years was it kept?
  31. 31.₹2500 earns ₹550 simple interest at 11% a year. For how many years was it kept?
  32. 32.Meera keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 3 years?
  33. 33.Arjun keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  34. 34.₹500 earns ₹75 simple interest at 3% a year. For how many years was it kept?
  35. 35.Sara keeps ₹2000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  36. 36.Ishaan keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  37. 37.₹1500 earns ₹225 simple interest at 3% a year. For how many years was it kept?
  38. 38.₹1000 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  39. 39.Isha keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  40. 40.Riya keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?

Answer key

  1. 1
  2. 500
  3. 4
  4. 4
  5. 270
  6. 2
  7. 4
  8. 7
  9. 30
  10. 1800
  11. 320
  12. 360
  13. 1180
  14. 5
  15. 4720
  16. 2280
  17. 5
  18. 3
  19. 12
  20. 3270
  21. 4
  22. 1590
  23. 80
  24. 150
  25. 3
  26. 150
  27. 4
  28. 4
  29. 1090
  30. 3
  31. 2
  32. 240
  33. 1180
  34. 5
  35. 2360
  36. 135
  37. 5
  38. 5
  39. 5200
  40. 4080

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