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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 340 · 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.Kabir keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  2. 2.Anaya keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  3. 3.Rohan keeps ₹4000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  4. 4.₹1000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  5. 5.₹2500 earns ₹625 simple interest in 5 years. What is the rate of interest per year, in percent?
  6. 6.Dev keeps ₹2500 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  7. 7.Kabir keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  8. 8.₹2000 earns ₹480 simple interest at 8% a year. For how many years was it kept?
  9. 9.₹2500 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  10. 10.Sara keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  11. 11.₹2000 earns ₹720 simple interest in 3 years. What is the rate of interest per year, in percent?
  12. 12.₹1500 earns ₹360 simple interest at 6% a year. For how many years was it kept?
  13. 13.₹1500 earns ₹165 simple interest in 1 year. What is the rate of interest per year, in percent?
  14. 14.Diya keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Diya get in 3 years?
  15. 15.₹1500 earns ₹495 simple interest in 3 years. What is the rate of interest per year, in percent?
  16. 16.₹1500 earns ₹60 simple interest at 4% a year. For how many years was it kept?
  17. 17.Isha keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  18. 18.₹3000 earns ₹360 simple interest at 12% a year. For how many years was it kept?
  19. 19.Riya keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 5 years?
  20. 20.₹5000 earns ₹1350 simple interest at 9% a year. For how many years was it kept?
  21. 21.₹5000 earns ₹500 simple interest at 2% a year. For how many years was it kept?
  22. 22.₹3000 earns ₹660 simple interest in 2 years. What is the rate of interest per year, in percent?
  23. 23.₹1000 earns ₹140 simple interest in 2 years. What is the rate of interest per year, in percent?
  24. 24.Kabir keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  25. 25.₹1000 earns ₹30 simple interest at 3% a year. For how many years was it kept?
  26. 26.Aarav keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  27. 27.₹3000 earns ₹960 simple interest in 4 years. What is the rate of interest per year, in percent?
  28. 28.₹1000 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  29. 29.₹1000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  30. 30.₹1000 earns ₹80 simple interest in 4 years. What is the rate of interest per year, in percent?
  31. 31.₹1000 earns ₹400 simple interest in 5 years. What is the rate of interest per year, in percent?
  32. 32.₹5000 earns ₹1200 simple interest in 4 years. What is the rate of interest per year, in percent?
  33. 33.Ishaan keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  34. 34.Meera keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Meera get in 4 years?
  35. 35.₹3000 earns ₹450 simple interest at 3% a year. For how many years was it kept?
  36. 36.Rohan keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  37. 37.Kabir keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  38. 38.Aarav keeps ₹2500 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  39. 39.Anaya keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  40. 40.₹1000 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?

Answer key

  1. 80
  2. 240
  3. 5920
  4. 12
  5. 5
  6. 3600
  7. 40
  8. 3
  9. 2
  10. 4080
  11. 12
  12. 4
  13. 11
  14. 225
  15. 11
  16. 1
  17. 5750
  18. 1
  19. 300
  20. 3
  21. 5
  22. 11
  23. 7
  24. 500
  25. 1
  26. 105
  27. 8
  28. 6
  29. 12
  30. 2
  31. 8
  32. 6
  33. 600
  34. 960
  35. 5
  36. 3480
  37. 5120
  38. 3125
  39. 2200
  40. 10

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