← Simple interest and the rate lesson New set →

Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 364 · 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.₹1000 earns ₹60 simple interest at 2% a year. For how many years was it kept?
  2. 2.₹5000 earns ₹250 simple interest in 1 year. What is the rate of interest per year, in percent?
  3. 3.₹5000 earns ₹500 simple interest at 5% a year. For how many years was it kept?
  4. 4.Dev keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  5. 5.Meera keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 5 years?
  6. 6.Anaya keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  7. 7.Dev keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  8. 8.Isha keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 1 year?
  9. 9.Aarav keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  10. 10.₹2500 earns ₹600 simple interest in 4 years. What is the rate of interest per year, in percent?
  11. 11.Diya keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  12. 12.Aarav keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  13. 13.Riya keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  14. 14.₹5000 earns ₹100 simple interest at 2% a year. For how many years was it kept?
  15. 15.Kabir keeps ₹4000 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  16. 16.Ishaan keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  17. 17.Diya keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  18. 18.₹500 earns ₹60 simple interest in 4 years. What is the rate of interest per year, in percent?
  19. 19.₹2500 earns ₹625 simple interest at 5% a year. For how many years was it kept?
  20. 20.₹2500 earns ₹375 simple interest in 5 years. What is the rate of interest per year, in percent?
  21. 21.₹2000 earns ₹1200 simple interest at 12% a year. For how many years was it kept?
  22. 22.Aarav keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  23. 23.₹2000 earns ₹720 simple interest in 4 years. What is the rate of interest per year, in percent?
  24. 24.₹2000 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  25. 25.₹3000 earns ₹630 simple interest at 7% a year. For how many years was it kept?
  26. 26.Riya keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 4 years?
  27. 27.Arjun keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  28. 28.Arjun keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  29. 29.Riya keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Riya get in 2 years?
  30. 30.Diya keeps ₹5000 in a bank at 12% simple interest a year. How many rupees of interest does Diya get in 3 years?
  31. 31.Arjun keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  32. 32.Meera keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  33. 33.₹2500 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  34. 34.₹500 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  35. 35.Meera keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 4 years?
  36. 36.Ishaan keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  37. 37.Anaya keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  38. 38.Dev keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Dev get in 4 years?
  39. 39.Riya keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 4 years?
  40. 40.Anaya keeps ₹4000 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?

Answer key

  1. 3
  2. 5
  3. 2
  4. 3480
  5. 2000
  6. 2080
  7. 1740
  8. 50
  9. 360
  10. 6
  11. 530
  12. 4480
  13. 2960
  14. 1
  15. 4400
  16. 60
  17. 1620
  18. 3
  19. 5
  20. 3
  21. 5
  22. 560
  23. 9
  24. 5
  25. 3
  26. 960
  27. 3540
  28. 55
  29. 400
  30. 1800
  31. 125
  32. 1120
  33. 2
  34. 8
  35. 560
  36. 555
  37. 300
  38. 240
  39. 120
  40. 5200

Free percentage lessons, practice and worksheets at talentjr.in/how-to-calculate-percentage