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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 37 · 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 ₹120 simple interest at 2% a year. For how many years was it kept?
  2. 2.Aarav keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  3. 3.Riya keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 4 years?
  4. 4.Aarav keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  5. 5.Riya keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 2 years?
  6. 6.₹3000 earns ₹60 simple interest at 2% a year. For how many years was it kept?
  7. 7.₹1000 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  8. 8.Riya keeps ₹5000 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  9. 9.Dev keeps ₹2000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  10. 10.Isha keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  11. 11.Anaya keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  12. 12.Kabir keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  13. 13.Riya keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 1 year?
  14. 14.Anaya keeps ₹4000 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  15. 15.Diya keeps ₹2000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  16. 16.₹1000 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  17. 17.Anaya keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  18. 18.Sara keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Sara get in 1 year?
  19. 19.Ishaan keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  20. 20.Diya keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 4 years?
  21. 21.Meera keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 5 years?
  22. 22.Dev keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Dev get in 1 year?
  23. 23.₹2500 earns ₹275 simple interest in 1 year. What is the rate of interest per year, in percent?
  24. 24.Sara keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  25. 25.Kabir keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  26. 26.Ishaan keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  27. 27.Anaya keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  28. 28.₹5000 earns ₹550 simple interest at 11% a year. For how many years was it kept?
  29. 29.₹1000 earns ₹500 simple interest in 5 years. What is the rate of interest per year, in percent?
  30. 30.Riya keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 1 year?
  31. 31.₹2000 earns ₹400 simple interest at 5% a year. For how many years was it kept?
  32. 32.₹2500 earns ₹50 simple interest at 2% a year. For how many years was it kept?
  33. 33.Meera keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  34. 34.Anaya keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  35. 35.₹500 earns ₹300 simple interest at 12% a year. For how many years was it kept?
  36. 36.₹1500 earns ₹360 simple interest in 4 years. What is the rate of interest per year, in percent?
  37. 37.Rohan keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  38. 38.Isha keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  39. 39.₹1000 earns ₹400 simple interest at 8% a year. For how many years was it kept?
  40. 40.₹1500 earns ₹360 simple interest at 12% a year. For how many years was it kept?

Answer key

  1. 2
  2. 360
  3. 320
  4. 1000
  5. 480
  6. 1
  7. 10
  8. 7000
  9. 2140
  10. 1040
  11. 560
  12. 1080
  13. 120
  14. 4800
  15. 2560
  16. 6
  17. 240
  18. 40
  19. 440
  20. 1100
  21. 1200
  22. 200
  23. 11
  24. 2200
  25. 3660
  26. 120
  27. 1140
  28. 1
  29. 10
  30. 25
  31. 4
  32. 1
  33. 1740
  34. 250
  35. 5
  36. 6
  37. 3990
  38. 4240
  39. 5
  40. 2

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