← Simple interest and the rate lesson New set →

Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 367 · 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.₹3000 earns ₹360 simple interest at 4% a year. For how many years was it kept?
  2. 2.Meera keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 4 years?
  3. 3.₹2000 earns ₹480 simple interest in 3 years. What is the rate of interest per year, in percent?
  4. 4.₹5000 earns ₹600 simple interest in 2 years. What is the rate of interest per year, in percent?
  5. 5.₹500 earns ₹40 simple interest in 2 years. What is the rate of interest per year, in percent?
  6. 6.Kabir keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  7. 7.Rohan keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  8. 8.₹4000 earns ₹600 simple interest at 3% a year. For how many years was it kept?
  9. 9.Meera keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 3 years?
  10. 10.Dev keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  11. 11.₹1000 earns ₹80 simple interest at 8% a year. For how many years was it kept?
  12. 12.Dev keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 3 years?
  13. 13.₹3000 earns ₹1500 simple interest in 5 years. What is the rate of interest per year, in percent?
  14. 14.Meera keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  15. 15.₹500 earns ₹60 simple interest in 4 years. What is the rate of interest per year, in percent?
  16. 16.Isha keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  17. 17.₹5000 earns ₹2000 simple interest in 4 years. What is the rate of interest per year, in percent?
  18. 18.Ishaan keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  19. 19.Meera keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  20. 20.Dev keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Dev get in 1 year?
  21. 21.Arjun keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  22. 22.Isha keeps ₹2500 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  23. 23.₹1000 earns ₹90 simple interest in 1 year. What is the rate of interest per year, in percent?
  24. 24.₹2000 earns ₹240 simple interest in 3 years. What is the rate of interest per year, in percent?
  25. 25.₹5000 earns ₹1400 simple interest at 7% a year. For how many years was it kept?
  26. 26.₹1500 earns ₹315 simple interest at 7% a year. For how many years was it kept?
  27. 27.Dev keeps ₹1000 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  28. 28.Anaya keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  29. 29.₹4000 earns ₹320 simple interest at 2% a year. For how many years was it kept?
  30. 30.₹1500 earns ₹225 simple interest in 5 years. What is the rate of interest per year, in percent?
  31. 31.Aarav keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  32. 32.₹2500 earns ₹375 simple interest in 3 years. What is the rate of interest per year, in percent?
  33. 33.₹3000 earns ₹90 simple interest at 3% a year. For how many years was it kept?
  34. 34.Riya keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  35. 35.Diya keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  36. 36.₹1000 earns ₹110 simple interest at 11% a year. For how many years was it kept?
  37. 37.Kabir keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  38. 38.Meera keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  39. 39.Meera keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  40. 40.₹1500 earns ₹120 simple interest at 8% a year. For how many years was it kept?

Answer key

  1. 3
  2. 400
  3. 8
  4. 6
  5. 4
  6. 2900
  7. 1000
  8. 5
  9. 105
  10. 4160
  11. 1
  12. 60
  13. 10
  14. 4480
  15. 3
  16. 2175
  17. 10
  18. 600
  19. 1740
  20. 75
  21. 250
  22. 3200
  23. 9
  24. 4
  25. 4
  26. 3
  27. 1110
  28. 2900
  29. 4
  30. 3
  31. 40
  32. 5
  33. 1
  34. 1200
  35. 1590
  36. 1
  37. 30
  38. 1090
  39. 2700
  40. 1

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