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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 361 · 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.Kabir keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  2. 2.₹3000 earns ₹900 simple interest in 5 years. What is the rate of interest per year, in percent?
  3. 3.₹2500 earns ₹275 simple interest in 1 year. What is the rate of interest per year, in percent?
  4. 4.Arjun keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  5. 5.₹3000 earns ₹810 simple interest in 3 years. What is the rate of interest per year, in percent?
  6. 6.₹3000 earns ₹180 simple interest at 6% a year. For how many years was it kept?
  7. 7.₹1000 earns ₹90 simple interest in 1 year. What is the rate of interest per year, in percent?
  8. 8.₹4000 earns ₹960 simple interest at 6% a year. For how many years was it kept?
  9. 9.₹1000 earns ₹330 simple interest at 11% a year. For how many years was it kept?
  10. 10.Isha keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Isha get in 4 years?
  11. 11.₹5000 earns ₹1500 simple interest in 5 years. What is the rate of interest per year, in percent?
  12. 12.₹1500 earns ₹270 simple interest at 9% a year. For how many years was it kept?
  13. 13.Diya keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  14. 14.Diya keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Diya get in 4 years?
  15. 15.₹2000 earns ₹100 simple interest at 5% a year. For how many years was it kept?
  16. 16.₹2500 earns ₹50 simple interest at 2% a year. For how many years was it kept?
  17. 17.Anaya keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  18. 18.₹500 earns ₹175 simple interest at 7% a year. For how many years was it kept?
  19. 19.Kabir keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  20. 20.₹3000 earns ₹360 simple interest at 4% a year. For how many years was it kept?
  21. 21.₹2000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  22. 22.Arjun keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  23. 23.₹2000 earns ₹320 simple interest in 2 years. What is the rate of interest per year, in percent?
  24. 24.₹3000 earns ₹420 simple interest at 7% a year. For how many years was it kept?
  25. 25.₹5000 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  26. 26.₹2000 earns ₹180 simple interest in 1 year. What is the rate of interest per year, in percent?
  27. 27.Diya keeps ₹4000 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  28. 28.Diya keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  29. 29.Diya keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Diya get in 2 years?
  30. 30.₹1000 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  31. 31.Ishaan keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  32. 32.Isha keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  33. 33.₹4000 earns ₹880 simple interest at 11% a year. For how many years was it kept?
  34. 34.Anaya keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  35. 35.Dev keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 3 years?
  36. 36.₹1500 earns ₹540 simple interest at 9% a year. For how many years was it kept?
  37. 37.Dev keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  38. 38.₹1000 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  39. 39.₹3000 earns ₹720 simple interest in 2 years. What is the rate of interest per year, in percent?
  40. 40.Dev keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 3 years?

Answer key

  1. 1200
  2. 6
  3. 11
  4. 560
  5. 9
  6. 1
  7. 9
  8. 4
  9. 3
  10. 40
  11. 6
  12. 2
  13. 620
  14. 100
  15. 1
  16. 1
  17. 30
  18. 5
  19. 440
  20. 3
  21. 4
  22. 1600
  23. 8
  24. 2
  25. 2
  26. 9
  27. 5760
  28. 3120
  29. 480
  30. 2
  31. 120
  32. 3120
  33. 2
  34. 50
  35. 135
  36. 4
  37. 540
  38. 5
  39. 12
  40. 180

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