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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 379 · 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.Sara keeps ₹5000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  2. 2.₹1500 earns ₹360 simple interest at 12% a year. For how many years was it kept?
  3. 3.₹5000 earns ₹500 simple interest at 2% a year. For how many years was it kept?
  4. 4.₹2500 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  5. 5.Kabir keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  6. 6.₹500 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  7. 7.₹1000 earns ₹240 simple interest in 3 years. What is the rate of interest per year, in percent?
  8. 8.Aarav keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  9. 9.Sara keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  10. 10.₹500 earns ₹50 simple interest in 5 years. What is the rate of interest per year, in percent?
  11. 11.₹5000 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  12. 12.Sara keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 2 years?
  13. 13.₹5000 earns ₹800 simple interest at 4% a year. For how many years was it kept?
  14. 14.₹1000 earns ₹100 simple interest at 5% a year. For how many years was it kept?
  15. 15.₹3000 earns ₹210 simple interest in 1 year. What is the rate of interest per year, in percent?
  16. 16.Riya keeps ₹5000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  17. 17.₹1500 earns ₹750 simple interest at 10% a year. For how many years was it kept?
  18. 18.₹2000 earns ₹400 simple interest in 5 years. What is the rate of interest per year, in percent?
  19. 19.₹4000 earns ₹640 simple interest in 4 years. What is the rate of interest per year, in percent?
  20. 20.₹4000 earns ₹480 simple interest at 4% a year. For how many years was it kept?
  21. 21.Anaya keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  22. 22.₹1000 earns ₹120 simple interest at 3% a year. For how many years was it kept?
  23. 23.Rohan keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  24. 24.₹1000 earns ₹350 simple interest at 7% a year. For how many years was it kept?
  25. 25.₹2000 earns ₹240 simple interest at 3% a year. For how many years was it kept?
  26. 26.₹3000 earns ₹1500 simple interest in 5 years. What is the rate of interest per year, in percent?
  27. 27.₹1000 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  28. 28.₹5000 earns ₹500 simple interest at 10% a year. For how many years was it kept?
  29. 29.₹3000 earns ₹240 simple interest in 1 year. What is the rate of interest per year, in percent?
  30. 30.Meera keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Meera get in 5 years?
  31. 31.Dev keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 5 years?
  32. 32.₹500 earns ₹45 simple interest in 1 year. What is the rate of interest per year, in percent?
  33. 33.Isha keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  34. 34.Kabir keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  35. 35.₹2500 earns ₹175 simple interest at 7% a year. For how many years was it kept?
  36. 36.₹1000 earns ₹20 simple interest in 1 year. What is the rate of interest per year, in percent?
  37. 37.₹4000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  38. 38.Dev keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Dev get in 5 years?
  39. 39.₹1500 earns ₹300 simple interest at 4% a year. For how many years was it kept?
  40. 40.₹500 earns ₹30 simple interest in 2 years. What is the rate of interest per year, in percent?

Answer key

  1. 5250
  2. 2
  3. 5
  4. 2
  5. 1210
  6. 4
  7. 8
  8. 90
  9. 1150
  10. 2
  11. 2
  12. 40
  13. 4
  14. 2
  15. 7
  16. 5250
  17. 5
  18. 4
  19. 4
  20. 3
  21. 1150
  22. 4
  23. 4480
  24. 5
  25. 4
  26. 10
  27. 4
  28. 1
  29. 8
  30. 450
  31. 225
  32. 9
  33. 4600
  34. 120
  35. 1
  36. 2
  37. 3
  38. 150
  39. 5
  40. 3

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