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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 388 · 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.₹4000 earns ₹800 simple interest in 5 years. What is the rate of interest per year, in percent?
  2. 2.₹2000 earns ₹120 simple interest at 3% a year. For how many years was it kept?
  3. 3.₹500 earns ₹160 simple interest in 4 years. What is the rate of interest per year, in percent?
  4. 4.₹500 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  5. 5.₹500 earns ₹200 simple interest in 4 years. What is the rate of interest per year, in percent?
  6. 6.Aarav keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  7. 7.Anaya keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  8. 8.Diya keeps ₹1500 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  9. 9.₹2500 earns ₹600 simple interest in 3 years. What is the rate of interest per year, in percent?
  10. 10.Kabir keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  11. 11.Diya keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Diya get in 3 years?
  12. 12.Dev keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  13. 13.₹500 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  14. 14.Riya keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 5 years?
  15. 15.Diya keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Diya get in 1 year?
  16. 16.₹3000 earns ₹630 simple interest in 3 years. What is the rate of interest per year, in percent?
  17. 17.₹2500 earns ₹550 simple interest at 11% a year. For how many years was it kept?
  18. 18.₹1000 earns ₹20 simple interest at 2% a year. For how many years was it kept?
  19. 19.₹1500 earns ₹105 simple interest in 1 year. What is the rate of interest per year, in percent?
  20. 20.₹3000 earns ₹180 simple interest in 1 year. What is the rate of interest per year, in percent?
  21. 21.Riya keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 1 year?
  22. 22.₹2000 earns ₹320 simple interest in 2 years. What is the rate of interest per year, in percent?
  23. 23.Riya keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 4 years?
  24. 24.Sara keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  25. 25.₹1000 earns ₹600 simple interest at 12% a year. For how many years was it kept?
  26. 26.₹3000 earns ₹360 simple interest at 6% a year. For how many years was it kept?
  27. 27.₹1500 earns ₹900 simple interest at 12% a year. For how many years was it kept?
  28. 28.Arjun keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  29. 29.₹1000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  30. 30.₹1500 earns ₹135 simple interest at 3% a year. For how many years was it kept?
  31. 31.₹1000 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  32. 32.₹5000 earns ₹1200 simple interest in 3 years. What is the rate of interest per year, in percent?
  33. 33.Riya keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  34. 34.Diya keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 3 years?
  35. 35.Kabir keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  36. 36.Arjun keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  37. 37.₹5000 earns ₹1000 simple interest in 4 years. What is the rate of interest per year, in percent?
  38. 38.Anaya keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  39. 39.₹1000 earns ₹220 simple interest in 2 years. What is the rate of interest per year, in percent?
  40. 40.₹3000 earns ₹330 simple interest in 1 year. What is the rate of interest per year, in percent?

Answer key

  1. 4
  2. 2
  3. 8
  4. 4
  5. 10
  6. 5300
  7. 60
  8. 1665
  9. 8
  10. 400
  11. 180
  12. 1620
  13. 10
  14. 400
  15. 100
  16. 7
  17. 2
  18. 1
  19. 7
  20. 6
  21. 120
  22. 8
  23. 400
  24. 5200
  25. 5
  26. 2
  27. 5
  28. 1200
  29. 12
  30. 3
  31. 5
  32. 8
  33. 2800
  34. 600
  35. 40
  36. 50
  37. 5
  38. 600
  39. 11
  40. 11

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