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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 363 · 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.Arjun keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  2. 2.Rohan keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  3. 3.₹1000 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  4. 4.₹1000 earns ₹550 simple interest in 5 years. What is the rate of interest per year, in percent?
  5. 5.₹4000 earns ₹1280 simple interest in 4 years. What is the rate of interest per year, in percent?
  6. 6.₹2000 earns ₹720 simple interest at 12% a year. For how many years was it kept?
  7. 7.Ishaan keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  8. 8.₹1500 earns ₹210 simple interest in 2 years. What is the rate of interest per year, in percent?
  9. 9.₹500 earns ₹180 simple interest at 12% a year. For how many years was it kept?
  10. 10.Dev keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Dev get in 2 years?
  11. 11.Sara keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 3 years?
  12. 12.Rohan keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  13. 13.Aarav keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  14. 14.Ishaan keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  15. 15.₹5000 earns ₹500 simple interest in 2 years. What is the rate of interest per year, in percent?
  16. 16.₹3000 earns ₹240 simple interest in 4 years. What is the rate of interest per year, in percent?
  17. 17.Rohan keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  18. 18.Meera keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 3 years?
  19. 19.Ishaan keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  20. 20.₹3000 earns ₹180 simple interest at 3% a year. For how many years was it kept?
  21. 21.₹3000 earns ₹1200 simple interest at 8% a year. For how many years was it kept?
  22. 22.Diya keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  23. 23.Aarav keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  24. 24.Sara keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 1 year?
  25. 25.₹1000 earns ₹300 simple interest at 6% a year. For how many years was it kept?
  26. 26.₹2000 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  27. 27.Ishaan keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  28. 28.₹1000 earns ₹60 simple interest in 3 years. What is the rate of interest per year, in percent?
  29. 29.Ishaan keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  30. 30.Isha keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Isha get in 5 years?
  31. 31.₹1000 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  32. 32.Dev keeps ₹3000 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 2 years?
  33. 33.₹1500 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  34. 34.Riya keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 1 year?
  35. 35.Dev keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Dev get in 5 years?
  36. 36.Dev keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  37. 37.₹2500 earns ₹875 simple interest at 7% a year. For how many years was it kept?
  38. 38.Arjun keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  39. 39.₹5000 earns ₹250 simple interest at 5% a year. For how many years was it kept?
  40. 40.₹4000 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?

Answer key

  1. 600
  2. 1200
  3. 2
  4. 11
  5. 8
  6. 3
  7. 1120
  8. 7
  9. 3
  10. 640
  11. 240
  12. 1800
  13. 160
  14. 2800
  15. 5
  16. 2
  17. 1650
  18. 300
  19. 200
  20. 2
  21. 5
  22. 2080
  23. 105
  24. 60
  25. 5
  26. 3
  27. 60
  28. 2
  29. 320
  30. 1500
  31. 2
  32. 420
  33. 4
  34. 45
  35. 300
  36. 2200
  37. 5
  38. 30
  39. 1
  40. 5

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