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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 373 · 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 ₹240 simple interest at 8% a year. For how many years was it kept?
  2. 2.Aarav keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  3. 3.Sara keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 5 years?
  4. 4.Arjun keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  5. 5.₹500 earns ₹80 simple interest at 8% a year. For how many years was it kept?
  6. 6.Diya keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 3 years?
  7. 7.Meera keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 2 years?
  8. 8.Riya keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  9. 9.Sara keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Sara get in 1 year?
  10. 10.₹2000 earns ₹300 simple interest at 3% a year. For how many years was it kept?
  11. 11.Diya keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Diya get in 3 years?
  12. 12.Anaya keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  13. 13.₹1500 earns ₹90 simple interest in 3 years. What is the rate of interest per year, in percent?
  14. 14.Kabir keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  15. 15.Sara keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 2 years?
  16. 16.₹2000 earns ₹900 simple interest in 5 years. What is the rate of interest per year, in percent?
  17. 17.₹4000 earns ₹600 simple interest in 3 years. What is the rate of interest per year, in percent?
  18. 18.Aarav keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  19. 19.₹5000 earns ₹450 simple interest at 9% a year. For how many years was it kept?
  20. 20.Anaya keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  21. 21.₹1500 earns ₹90 simple interest at 3% a year. For how many years was it kept?
  22. 22.₹1000 earns ₹60 simple interest at 6% a year. For how many years was it kept?
  23. 23.Aarav keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  24. 24.Meera keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  25. 25.Rohan keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  26. 26.₹1500 earns ₹120 simple interest at 2% a year. For how many years was it kept?
  27. 27.Sara keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 1 year?
  28. 28.₹500 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  29. 29.₹500 earns ₹40 simple interest at 8% a year. For how many years was it kept?
  30. 30.₹3000 earns ₹180 simple interest at 2% a year. For how many years was it kept?
  31. 31.₹2500 earns ₹1375 simple interest in 5 years. What is the rate of interest per year, in percent?
  32. 32.Dev keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Dev get in 1 year?
  33. 33.₹3000 earns ₹1080 simple interest in 3 years. What is the rate of interest per year, in percent?
  34. 34.₹2000 earns ₹1000 simple interest in 5 years. What is the rate of interest per year, in percent?
  35. 35.₹1500 earns ₹495 simple interest in 3 years. What is the rate of interest per year, in percent?
  36. 36.₹500 earns ₹100 simple interest at 5% a year. For how many years was it kept?
  37. 37.Riya keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 5 years?
  38. 38.Kabir keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  39. 39.Riya keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 4 years?
  40. 40.₹2500 earns ₹450 simple interest in 2 years. What is the rate of interest per year, in percent?

Answer key

  1. 1
  2. 3420
  3. 300
  4. 2575
  5. 2
  6. 360
  7. 240
  8. 1650
  9. 500
  10. 5
  11. 540
  12. 80
  13. 2
  14. 590
  15. 200
  16. 9
  17. 5
  18. 200
  19. 1
  20. 1860
  21. 2
  22. 1
  23. 700
  24. 550
  25. 3990
  26. 4
  27. 30
  28. 10
  29. 1
  30. 3
  31. 11
  32. 360
  33. 12
  34. 10
  35. 11
  36. 4
  37. 1000
  38. 520
  39. 400
  40. 9

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