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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 352 · 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.Diya keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 2 years?
  2. 2.Isha keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  3. 3.₹1000 earns ₹350 simple interest in 5 years. What is the rate of interest per year, in percent?
  4. 4.Meera keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Meera get in 2 years?
  5. 5.Riya keeps ₹2000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  6. 6.Kabir keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  7. 7.₹500 earns ₹60 simple interest at 12% a year. For how many years was it kept?
  8. 8.Dev keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  9. 9.Meera keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  10. 10.₹3000 earns ₹330 simple interest at 11% 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.₹500 earns ₹20 simple interest at 2% a year. For how many years was it kept?
  13. 13.Diya keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  14. 14.Aarav keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  15. 15.₹3000 earns ₹840 simple interest at 7% a year. For how many years was it kept?
  16. 16.Meera keeps ₹500 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  17. 17.Sara keeps ₹3000 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  18. 18.₹1500 earns ₹120 simple interest at 8% a year. For how many years was it kept?
  19. 19.Arjun keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  20. 20.₹4000 earns ₹240 simple interest in 1 year. What is the rate of interest per year, in percent?
  21. 21.Diya keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 1 year?
  22. 22.₹1000 earns ₹240 simple interest in 3 years. What is the rate of interest per year, in percent?
  23. 23.Rohan keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  24. 24.₹3000 earns ₹600 simple interest at 5% a year. For how many years was it kept?
  25. 25.Meera keeps ₹1500 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  26. 26.₹500 earns ₹150 simple interest in 5 years. What is the rate of interest per year, in percent?
  27. 27.Kabir keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  28. 28.Dev keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 1 year?
  29. 29.Kabir keeps ₹4000 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  30. 30.₹4000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  31. 31.₹4000 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  32. 32.Kabir keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  33. 33.Dev keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  34. 34.Diya keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 2 years?
  35. 35.Diya keeps ₹5000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  36. 36.₹1500 earns ₹75 simple interest at 5% a year. For how many years was it kept?
  37. 37.Sara keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Sara get in 5 years?
  38. 38.Arjun keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  39. 39.Anaya keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  40. 40.₹3000 earns ₹600 simple interest at 10% a year. For how many years was it kept?

Answer key

  1. 660
  2. 2800
  3. 7
  4. 60
  5. 2160
  6. 180
  7. 1
  8. 610
  9. 2900
  10. 1
  11. 7
  12. 2
  13. 2600
  14. 150
  15. 4
  16. 700
  17. 3360
  18. 1
  19. 400
  20. 6
  21. 75
  22. 8
  23. 530
  24. 4
  25. 1605
  26. 6
  27. 200
  28. 300
  29. 4400
  30. 1
  31. 5
  32. 3720
  33. 1680
  34. 240
  35. 7250
  36. 1
  37. 1000
  38. 120
  39. 120
  40. 2

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