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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 382 · 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 ₹360 simple interest at 4% a year. For how many years was it kept?
  2. 2.₹1500 earns ₹495 simple interest at 11% a year. For how many years was it kept?
  3. 3.₹3000 earns ₹330 simple interest in 1 year. What is the rate of interest per year, in percent?
  4. 4.Anaya keeps ₹1000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  5. 5.Aarav keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  6. 6.₹5000 earns ₹500 simple interest at 2% a year. For how many years was it kept?
  7. 7.₹4000 earns ₹800 simple interest at 5% a year. For how many years was it kept?
  8. 8.Diya keeps ₹2500 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  9. 9.Diya keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Diya get in 4 years?
  10. 10.₹1500 earns ₹120 simple interest at 4% a year. For how many years was it kept?
  11. 11.Isha keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  12. 12.Isha keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Isha get in 2 years?
  13. 13.Anaya keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  14. 14.Isha keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  15. 15.Kabir keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  16. 16.₹1000 earns ₹60 simple interest in 3 years. What is the rate of interest per year, in percent?
  17. 17.Meera keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 5 years?
  18. 18.Aarav keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  19. 19.Isha keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  20. 20.Dev keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  21. 21.₹1000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  22. 22.₹3000 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  23. 23.Diya keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Diya get in 3 years?
  24. 24.Anaya keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  25. 25.₹500 earns ₹125 simple interest in 5 years. What is the rate of interest per year, in percent?
  26. 26.Anaya keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  27. 27.Dev keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  28. 28.Kabir keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  29. 29.Arjun keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  30. 30.₹2500 earns ₹300 simple interest at 3% a year. For how many years was it kept?
  31. 31.Dev keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Dev get in 3 years?
  32. 32.Anaya keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  33. 33.Meera keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 1 year?
  34. 34.₹500 earns ₹135 simple interest in 3 years. What is the rate of interest per year, in percent?
  35. 35.Ishaan keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  36. 36.₹500 earns ₹25 simple interest at 5% a year. For how many years was it kept?
  37. 37.₹1500 earns ₹210 simple interest at 7% a year. For how many years was it kept?
  38. 38.₹4000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  39. 39.Meera keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  40. 40.₹500 earns ₹45 simple interest in 3 years. What is the rate of interest per year, in percent?

Answer key

  1. 3
  2. 3
  3. 11
  4. 1480
  5. 20
  6. 5
  7. 4
  8. 2750
  9. 80
  10. 2
  11. 590
  12. 60
  13. 5700
  14. 3180
  15. 4360
  16. 2
  17. 1800
  18. 1040
  19. 1725
  20. 3270
  21. 12
  22. 2
  23. 1080
  24. 1100
  25. 5
  26. 5500
  27. 3300
  28. 520
  29. 3500
  30. 4
  31. 120
  32. 180
  33. 100
  34. 9
  35. 1100
  36. 1
  37. 2
  38. 3
  39. 2600
  40. 3

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