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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 342 · 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.Ishaan keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  2. 2.₹5000 earns ₹300 simple interest at 3% a year. For how many years was it kept?
  3. 3.Sara keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  4. 4.₹500 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
  5. 5.Rohan keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  6. 6.Arjun keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  7. 7.₹1500 earns ₹60 simple interest at 4% a year. For how many years was it kept?
  8. 8.Dev keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 3 years?
  9. 9.Diya keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 3 years?
  10. 10.Meera keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 5 years?
  11. 11.₹4000 earns ₹1320 simple interest at 11% a year. For how many years was it kept?
  12. 12.Aarav keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  13. 13.₹4000 earns ₹480 simple interest at 6% a year. For how many years was it kept?
  14. 14.₹5000 earns ₹600 simple interest at 12% a year. For how many years was it kept?
  15. 15.₹500 earns ₹150 simple interest in 5 years. What is the rate of interest per year, in percent?
  16. 16.Aarav keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  17. 17.₹500 earns ₹100 simple interest at 4% a year. For how many years was it kept?
  18. 18.Diya keeps ₹5000 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  19. 19.₹500 earns ₹60 simple interest at 6% a year. For how many years was it kept?
  20. 20.Riya keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 1 year?
  21. 21.₹2000 earns ₹180 simple interest at 3% a year. For how many years was it kept?
  22. 22.Meera keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  23. 23.₹500 earns ₹200 simple interest at 8% a year. For how many years was it kept?
  24. 24.₹500 earns ₹60 simple interest at 4% a year. For how many years was it kept?
  25. 25.₹4000 earns ₹360 simple interest in 1 year. What is the rate of interest per year, in percent?
  26. 26.Arjun keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  27. 27.Riya keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 1 year?
  28. 28.Meera keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Meera get in 3 years?
  29. 29.Isha keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Isha get in 5 years?
  30. 30.₹5000 earns ₹500 simple interest at 2% a year. For how many years was it kept?
  31. 31.Diya keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 4 years?
  32. 32.Riya keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  33. 33.₹2500 earns ₹375 simple interest in 3 years. What is the rate of interest per year, in percent?
  34. 34.₹2500 earns ₹825 simple interest in 3 years. What is the rate of interest per year, in percent?
  35. 35.Sara keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Sara get in 2 years?
  36. 36.₹2000 earns ₹240 simple interest at 4% a year. For how many years was it kept?
  37. 37.₹1500 earns ₹525 simple interest at 7% a year. For how many years was it kept?
  38. 38.Riya keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 4 years?
  39. 39.Riya keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 5 years?
  40. 40.Riya keeps ₹2000 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 3 years?

Answer key

  1. 60
  2. 2
  3. 4160
  4. 6
  5. 140
  6. 90
  7. 1
  8. 120
  9. 330
  10. 500
  11. 3
  12. 240
  13. 2
  14. 1
  15. 6
  16. 2320
  17. 5
  18. 6800
  19. 2
  20. 40
  21. 3
  22. 5700
  23. 5
  24. 3
  25. 9
  26. 2400
  27. 30
  28. 180
  29. 200
  30. 5
  31. 180
  32. 1040
  33. 5
  34. 11
  35. 500
  36. 3
  37. 5
  38. 600
  39. 1800
  40. 540

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