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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 368 · 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 ₹100 simple interest at 10% a year. For how many years was it kept?
  2. 2.Kabir keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  3. 3.Anaya keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  4. 4.Sara keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 4 years?
  5. 5.₹1500 earns ₹450 simple interest at 10% a year. For how many years was it kept?
  6. 6.Riya keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  7. 7.₹1000 earns ₹550 simple interest at 11% a year. For how many years was it kept?
  8. 8.Sara keeps ₹4000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  9. 9.Aarav keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  10. 10.₹1000 earns ₹50 simple interest at 5% a year. For how many years was it kept?
  11. 11.₹2000 earns ₹900 simple interest at 9% a year. For how many years was it kept?
  12. 12.Meera keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 4 years?
  13. 13.Meera keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  14. 14.Ishaan keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  15. 15.₹1500 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  16. 16.₹4000 earns ₹160 simple interest in 1 year. What is the rate of interest per year, in percent?
  17. 17.₹5000 earns ₹200 simple interest at 2% a year. For how many years was it kept?
  18. 18.₹3000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  19. 19.₹2500 earns ₹1100 simple interest at 11% a year. For how many years was it kept?
  20. 20.Rohan keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  21. 21.Dev keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Dev get in 2 years?
  22. 22.Arjun keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  23. 23.Isha keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Isha get in 4 years?
  24. 24.₹1000 earns ₹200 simple interest in 4 years. What is the rate of interest per year, in percent?
  25. 25.Kabir keeps ₹1000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  26. 26.Dev keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 3 years?
  27. 27.₹2500 earns ₹175 simple interest in 1 year. What is the rate of interest per year, in percent?
  28. 28.Meera keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 2 years?
  29. 29.Rohan keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  30. 30.Diya keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Diya get in 1 year?
  31. 31.Aarav keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  32. 32.Diya keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 5 years?
  33. 33.₹500 earns ₹60 simple interest in 3 years. What is the rate of interest per year, in percent?
  34. 34.₹500 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  35. 35.₹500 earns ₹110 simple interest at 11% a year. For how many years was it kept?
  36. 36.₹500 earns ₹165 simple interest at 11% a year. For how many years was it kept?
  37. 37.₹1000 earns ₹20 simple interest at 2% a year. For how many years was it kept?
  38. 38.Dev keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Dev get in 4 years?
  39. 39.Meera keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  40. 40.Rohan keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 4 years?

Answer key

  1. 1
  2. 480
  3. 1070
  4. 240
  5. 3
  6. 3180
  7. 5
  8. 4640
  9. 315
  10. 1
  11. 5
  12. 200
  13. 3120
  14. 2040
  15. 8
  16. 4
  17. 2
  18. 4
  19. 4
  20. 1725
  21. 500
  22. 120
  23. 1440
  24. 5
  25. 1240
  26. 840
  27. 7
  28. 90
  29. 665
  30. 280
  31. 1600
  32. 800
  33. 4
  34. 4
  35. 2
  36. 3
  37. 1
  38. 360
  39. 4320
  40. 320

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