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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 366 · 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.₹5000 earns ₹800 simple interest in 4 years. What is the rate of interest per year, in percent?
  2. 2.₹500 earns ₹80 simple interest in 4 years. What is the rate of interest per year, in percent?
  3. 3.Kabir keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  4. 4.₹3000 earns ₹240 simple interest at 8% a year. For how many years was it kept?
  5. 5.Kabir keeps ₹3000 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  6. 6.Diya keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Diya get in 1 year?
  7. 7.Diya keeps ₹5000 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  8. 8.Aarav keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  9. 9.₹2000 earns ₹500 simple interest at 5% a year. For how many years was it kept?
  10. 10.Meera keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Meera get in 1 year?
  11. 11.Sara keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Sara get in 1 year?
  12. 12.₹500 earns ₹75 simple interest in 5 years. What is the rate of interest per year, in percent?
  13. 13.₹4000 earns ₹840 simple interest at 7% a year. For how many years was it kept?
  14. 14.₹1000 earns ₹220 simple interest in 2 years. What is the rate of interest per year, in percent?
  15. 15.Aarav keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  16. 16.₹1500 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  17. 17.Aarav keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  18. 18.₹2000 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  19. 19.₹4000 earns ₹800 simple interest in 2 years. What is the rate of interest per year, in percent?
  20. 20.₹4000 earns ₹640 simple interest in 2 years. What is the rate of interest per year, in percent?
  21. 21.₹2500 earns ₹625 simple interest at 5% a year. For how many years was it kept?
  22. 22.Arjun keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  23. 23.Isha keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Isha get in 1 year?
  24. 24.Sara keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 1 year?
  25. 25.Rohan keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  26. 26.Isha keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Isha get in 1 year?
  27. 27.₹2500 earns ₹275 simple interest at 11% a year. For how many years was it kept?
  28. 28.₹3000 earns ₹1200 simple interest at 10% a year. For how many years was it kept?
  29. 29.₹3000 earns ₹1200 simple interest in 4 years. What is the rate of interest per year, in percent?
  30. 30.Dev keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 4 years?
  31. 31.Meera keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 3 years?
  32. 32.Ishaan keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  33. 33.Dev keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  34. 34.₹500 earns ₹30 simple interest in 2 years. What is the rate of interest per year, in percent?
  35. 35.Dev keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  36. 36.₹1500 earns ₹660 simple interest at 11% a year. For how many years was it kept?
  37. 37.Ishaan keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  38. 38.₹2500 earns ₹500 simple interest at 5% a year. For how many years was it kept?
  39. 39.Meera keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  40. 40.Anaya keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Anaya get in 4 years?

Answer key

  1. 4
  2. 4
  3. 3600
  4. 1
  5. 4800
  6. 50
  7. 7200
  8. 50
  9. 5
  10. 30
  11. 150
  12. 3
  13. 3
  14. 11
  15. 1650
  16. 10
  17. 1100
  18. 1
  19. 10
  20. 8
  21. 5
  22. 480
  23. 40
  24. 80
  25. 400
  26. 320
  27. 1
  28. 4
  29. 10
  30. 300
  31. 300
  32. 2100
  33. 2240
  34. 3
  35. 1545
  36. 4
  37. 450
  38. 4
  39. 4500
  40. 800

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