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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 375 · 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.₹500 earns ₹15 simple interest at 3% a year. For how many years was it kept?
  2. 2.Rohan keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  3. 3.Kabir keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  4. 4.Kabir keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  5. 5.₹5000 earns ₹500 simple interest in 2 years. What is the rate of interest per year, in percent?
  6. 6.Rohan keeps ₹1500 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  7. 7.₹500 earns ₹70 simple interest in 2 years. What is the rate of interest per year, in percent?
  8. 8.Isha keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Isha get in 4 years?
  9. 9.₹4000 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  10. 10.Ishaan keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  11. 11.Diya keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  12. 12.Meera keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  13. 13.Arjun keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  14. 14.Kabir keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  15. 15.₹4000 earns ₹1600 simple interest in 4 years. What is the rate of interest per year, in percent?
  16. 16.Arjun keeps ₹1500 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  17. 17.₹1500 earns ₹180 simple interest at 4% a year. For how many years was it kept?
  18. 18.₹1500 earns ₹825 simple interest in 5 years. What is the rate of interest per year, in percent?
  19. 19.Arjun keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  20. 20.₹1500 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  21. 21.₹4000 earns ₹240 simple interest at 2% a year. For how many years was it kept?
  22. 22.Riya keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 2 years?
  23. 23.₹2500 earns ₹750 simple interest at 6% a year. For how many years was it kept?
  24. 24.Anaya keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  25. 25.₹1500 earns ₹90 simple interest at 2% a year. For how many years was it kept?
  26. 26.Dev keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  27. 27.₹2000 earns ₹480 simple interest at 12% a year. For how many years was it kept?
  28. 28.Arjun keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  29. 29.Anaya keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  30. 30.₹2000 earns ₹240 simple interest in 1 year. What is the rate of interest per year, in percent?
  31. 31.₹1500 earns ₹900 simple interest at 12% a year. For how many years was it kept?
  32. 32.Riya keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 3 years?
  33. 33.Rohan keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  34. 34.Ishaan keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  35. 35.Meera keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 2 years?
  36. 36.Anaya keeps ₹2500 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  37. 37.₹1000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  38. 38.₹1000 earns ₹150 simple interest in 5 years. What is the rate of interest per year, in percent?
  39. 39.Anaya keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  40. 40.Isha keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Isha get in 2 years?

Answer key

  1. 1
  2. 120
  3. 90
  4. 480
  5. 5
  6. 1860
  7. 7
  8. 220
  9. 5
  10. 150
  11. 2300
  12. 5700
  13. 200
  14. 1560
  15. 10
  16. 1710
  17. 3
  18. 11
  19. 180
  20. 10
  21. 3
  22. 240
  23. 5
  24. 140
  25. 3
  26. 1680
  27. 2
  28. 45
  29. 1090
  30. 12
  31. 5
  32. 360
  33. 4840
  34. 1000
  35. 360
  36. 2875
  37. 6
  38. 3
  39. 540
  40. 1000

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