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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 350 · 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.Riya keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Riya get in 3 years?
  2. 2.₹1000 earns ₹40 simple interest in 2 years. What is the rate of interest per year, in percent?
  3. 3.₹2000 earns ₹900 simple interest at 9% a year. For how many years was it kept?
  4. 4.₹500 earns ₹80 simple interest at 8% a year. For how many years was it kept?
  5. 5.Dev keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Dev get in 4 years?
  6. 6.Meera keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  7. 7.Meera keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 1 year?
  8. 8.Rohan keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  9. 9.₹500 earns ₹60 simple interest at 3% a year. For how many years was it kept?
  10. 10.₹4000 earns ₹240 simple interest at 6% a year. For how many years was it kept?
  11. 11.₹4000 earns ₹280 simple interest in 1 year. What is the rate of interest per year, in percent?
  12. 12.Meera keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  13. 13.Aarav keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  14. 14.Anaya keeps ₹5000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  15. 15.₹3000 earns ₹90 simple interest in 1 year. What is the rate of interest per year, in percent?
  16. 16.₹2500 earns ₹450 simple interest in 2 years. What is the rate of interest per year, in percent?
  17. 17.Ishaan keeps ₹3000 in a bank at 7% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  18. 18.₹2500 earns ₹75 simple interest in 1 year. What is the rate of interest per year, in percent?
  19. 19.Riya keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Riya get in 3 years?
  20. 20.Meera keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 1 year?
  21. 21.Dev keeps ₹2000 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  22. 22.₹5000 earns ₹1750 simple interest in 5 years. What is the rate of interest per year, in percent?
  23. 23.Kabir keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  24. 24.Kabir keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  25. 25.₹1500 earns ₹75 simple interest at 5% a year. For how many years was it kept?
  26. 26.₹2000 earns ₹800 simple interest at 8% a year. For how many years was it kept?
  27. 27.Diya keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  28. 28.Rohan keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  29. 29.Meera keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 4 years?
  30. 30.₹2000 earns ₹600 simple interest in 3 years. What is the rate of interest per year, in percent?
  31. 31.₹500 earns ₹70 simple interest in 2 years. What is the rate of interest per year, in percent?
  32. 32.Rohan keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  33. 33.₹5000 earns ₹2750 simple interest in 5 years. What is the rate of interest per year, in percent?
  34. 34.₹5000 earns ₹800 simple interest in 4 years. What is the rate of interest per year, in percent?
  35. 35.₹1500 earns ₹330 simple interest in 2 years. What is the rate of interest per year, in percent?
  36. 36.₹500 earns ₹240 simple interest in 4 years. What is the rate of interest per year, in percent?
  37. 37.₹3000 earns ₹240 simple interest in 1 year. What is the rate of interest per year, in percent?
  38. 38.₹1000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  39. 39.Dev keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Dev get in 2 years?
  40. 40.Kabir keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 2 years?

Answer key

  1. 315
  2. 2
  3. 5
  4. 2
  5. 400
  6. 1250
  7. 80
  8. 480
  9. 4
  10. 1
  11. 7
  12. 1560
  13. 75
  14. 5300
  15. 3
  16. 9
  17. 840
  18. 3
  19. 1200
  20. 250
  21. 2600
  22. 7
  23. 2700
  24. 240
  25. 1
  26. 5
  27. 4640
  28. 480
  29. 1600
  30. 10
  31. 7
  32. 200
  33. 11
  34. 4
  35. 11
  36. 12
  37. 8
  38. 12
  39. 90
  40. 40

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