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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 387 · 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.Arjun keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  2. 2.₹1000 earns ₹60 simple interest at 2% a year. For how many years was it kept?
  3. 3.₹5000 earns ₹300 simple interest at 6% a year. For how many years was it kept?
  4. 4.Meera keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  5. 5.₹500 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  6. 6.Meera keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 5 years?
  7. 7.Sara keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  8. 8.Diya keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Diya get in 2 years?
  9. 9.Diya keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  10. 10.₹1500 earns ₹540 simple interest in 3 years. What is the rate of interest per year, in percent?
  11. 11.Riya keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  12. 12.₹500 earns ₹60 simple interest at 4% a year. For how many years was it kept?
  13. 13.₹2000 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  14. 14.₹4000 earns ₹960 simple interest in 4 years. What is the rate of interest per year, in percent?
  15. 15.₹500 earns ₹140 simple interest in 4 years. What is the rate of interest per year, in percent?
  16. 16.₹2000 earns ₹440 simple interest in 2 years. What is the rate of interest per year, in percent?
  17. 17.Rohan keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  18. 18.₹4000 earns ₹160 simple interest at 2% a year. For how many years was it kept?
  19. 19.Aarav keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  20. 20.₹500 earns ₹180 simple interest at 12% a year. For how many years was it kept?
  21. 21.₹500 earns ₹240 simple interest in 4 years. What is the rate of interest per year, in percent?
  22. 22.₹2500 earns ₹225 simple interest in 3 years. What is the rate of interest per year, in percent?
  23. 23.Arjun keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  24. 24.₹5000 earns ₹900 simple interest in 3 years. What is the rate of interest per year, in percent?
  25. 25.₹500 earns ₹15 simple interest in 1 year. What is the rate of interest per year, in percent?
  26. 26.₹3000 earns ₹660 simple interest in 2 years. What is the rate of interest per year, in percent?
  27. 27.Meera keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  28. 28.₹2500 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  29. 29.Aarav keeps ₹2000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  30. 30.Ishaan keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  31. 31.₹5000 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  32. 32.Anaya keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  33. 33.₹2000 earns ₹120 simple interest in 3 years. What is the rate of interest per year, in percent?
  34. 34.₹5000 earns ₹1200 simple interest at 6% a year. For how many years was it kept?
  35. 35.₹1000 earns ₹200 simple interest at 10% a year. For how many years was it kept?
  36. 36.Anaya keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  37. 37.Anaya keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  38. 38.Ishaan keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  39. 39.₹3000 earns ₹1200 simple interest in 5 years. What is the rate of interest per year, in percent?
  40. 40.Ishaan keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 1 year?

Answer key

  1. 180
  2. 3
  3. 1
  4. 4320
  5. 10
  6. 50
  7. 5200
  8. 90
  9. 540
  10. 12
  11. 3210
  12. 3
  13. 1
  14. 6
  15. 7
  16. 11
  17. 200
  18. 2
  19. 540
  20. 3
  21. 12
  22. 3
  23. 1360
  24. 6
  25. 3
  26. 11
  27. 4360
  28. 2
  29. 2060
  30. 480
  31. 1
  32. 200
  33. 2
  34. 4
  35. 2
  36. 90
  37. 4360
  38. 600
  39. 8
  40. 400

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