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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 358 · 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.₹2000 earns ₹360 simple interest in 2 years. What is the rate of interest per year, in percent?
  2. 2.₹2000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  3. 3.Meera keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 4 years?
  4. 4.Anaya keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  5. 5.Kabir keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  6. 6.Anaya keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  7. 7.₹2000 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  8. 8.₹4000 earns ₹1120 simple interest at 7% a year. For how many years was it kept?
  9. 9.₹2500 earns ₹250 simple interest in 5 years. What is the rate of interest per year, in percent?
  10. 10.Diya keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Diya get in 1 year?
  11. 11.₹2000 earns ₹1100 simple interest in 5 years. What is the rate of interest per year, in percent?
  12. 12.Arjun keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  13. 13.₹2500 earns ₹200 simple interest in 4 years. What is the rate of interest per year, in percent?
  14. 14.₹1000 earns ₹300 simple interest at 10% a year. For how many years was it kept?
  15. 15.₹2500 earns ₹600 simple interest at 12% a year. For how many years was it kept?
  16. 16.₹500 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  17. 17.₹2000 earns ₹160 simple interest at 4% a year. For how many years was it kept?
  18. 18.₹500 earns ₹25 simple interest in 1 year. What is the rate of interest per year, in percent?
  19. 19.Anaya keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  20. 20.Diya keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 2 years?
  21. 21.₹500 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  22. 22.₹2000 earns ₹880 simple interest at 11% a year. For how many years was it kept?
  23. 23.Ishaan keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  24. 24.Diya keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Diya get in 2 years?
  25. 25.₹4000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  26. 26.Ishaan keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  27. 27.₹500 earns ₹45 simple interest at 3% a year. For how many years was it kept?
  28. 28.₹2000 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  29. 29.Kabir keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  30. 30.₹5000 earns ₹1400 simple interest at 7% a year. For how many years was it kept?
  31. 31.₹3000 earns ₹1440 simple interest in 4 years. What is the rate of interest per year, in percent?
  32. 32.Rohan keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  33. 33.₹1000 earns ₹120 simple interest in 4 years. What is the rate of interest per year, in percent?
  34. 34.₹2500 earns ₹900 simple interest in 4 years. What is the rate of interest per year, in percent?
  35. 35.₹1000 earns ₹360 simple interest at 9% a year. For how many years was it kept?
  36. 36.Isha keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Isha get in 1 year?
  37. 37.Isha keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  38. 38.₹1500 earns ₹675 simple interest in 5 years. What is the rate of interest per year, in percent?
  39. 39.Aarav keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  40. 40.Isha keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?

Answer key

  1. 9
  2. 3
  3. 400
  4. 1500
  5. 500
  6. 40
  7. 5
  8. 4
  9. 2
  10. 200
  11. 11
  12. 480
  13. 2
  14. 3
  15. 2
  16. 4
  17. 2
  18. 5
  19. 825
  20. 300
  21. 12
  22. 4
  23. 1740
  24. 60
  25. 3
  26. 90
  27. 3
  28. 3
  29. 1650
  30. 4
  31. 12
  32. 1120
  33. 3
  34. 9
  35. 4
  36. 40
  37. 1270
  38. 9
  39. 495
  40. 1280

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