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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 359 · 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.Sara keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 3 years?
  2. 2.Aarav keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  3. 3.₹3000 earns ₹180 simple interest in 1 year. What is the rate of interest per year, in percent?
  4. 4.₹5000 earns ₹500 simple interest in 1 year. What is the rate of interest per year, in percent?
  5. 5.₹1000 earns ₹140 simple interest in 2 years. What is the rate of interest per year, in percent?
  6. 6.₹500 earns ₹30 simple interest at 2% a year. For how many years was it kept?
  7. 7.₹5000 earns ₹600 simple interest in 1 year. What is the rate of interest per year, in percent?
  8. 8.₹4000 earns ₹320 simple interest at 2% a year. For how many years was it kept?
  9. 9.₹1500 earns ₹60 simple interest at 2% a year. For how many years was it kept?
  10. 10.₹1500 earns ₹120 simple interest at 8% a year. For how many years was it kept?
  11. 11.Dev keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  12. 12.₹1500 earns ₹270 simple interest at 6% a year. For how many years was it kept?
  13. 13.Anaya keeps ₹500 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  14. 14.Isha keeps ₹5000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  15. 15.Meera keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 4 years?
  16. 16.₹500 earns ₹60 simple interest in 3 years. What is the rate of interest per year, in percent?
  17. 17.₹1000 earns ₹110 simple interest at 11% a year. For how many years was it kept?
  18. 18.Meera keeps ₹2500 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  19. 19.₹500 earns ₹20 simple interest at 2% a year. For how many years was it kept?
  20. 20.₹2500 earns ₹200 simple interest in 4 years. What is the rate of interest per year, in percent?
  21. 21.₹1500 earns ₹300 simple interest at 4% a year. For how many years was it kept?
  22. 22.Kabir keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  23. 23.Sara keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Sara get in 1 year?
  24. 24.Ishaan keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  25. 25.₹4000 earns ₹1000 simple interest in 5 years. What is the rate of interest per year, in percent?
  26. 26.Riya keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 1 year?
  27. 27.₹4000 earns ₹800 simple interest in 2 years. What is the rate of interest per year, in percent?
  28. 28.₹1500 earns ₹90 simple interest in 3 years. What is the rate of interest per year, in percent?
  29. 29.₹2000 earns ₹240 simple interest at 6% a year. For how many years was it kept?
  30. 30.Ishaan keeps ₹2000 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  31. 31.Ishaan keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  32. 32.₹1000 earns ₹120 simple interest at 3% a year. For how many years was it kept?
  33. 33.Arjun keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  34. 34.₹2000 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  35. 35.Riya keeps ₹1000 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  36. 36.Ishaan keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  37. 37.Ishaan keeps ₹2000 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  38. 38.₹2500 earns ₹1000 simple interest in 5 years. What is the rate of interest per year, in percent?
  39. 39.Diya keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  40. 40.₹1500 earns ₹600 simple interest at 8% a year. For how many years was it kept?

Answer key

  1. 120
  2. 30
  3. 6
  4. 10
  5. 7
  6. 3
  7. 12
  8. 4
  9. 2
  10. 1
  11. 4800
  12. 3
  13. 590
  14. 5450
  15. 140
  16. 4
  17. 1
  18. 3500
  19. 2
  20. 2
  21. 5
  22. 360
  23. 165
  24. 1600
  25. 5
  26. 180
  27. 10
  28. 2
  29. 2
  30. 2480
  31. 320
  32. 4
  33. 250
  34. 5
  35. 1120
  36. 500
  37. 2660
  38. 8
  39. 515
  40. 5

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