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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 391 · 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.₹1000 earns ₹100 simple interest at 10% a year. For how many years was it kept?
  2. 2.₹1000 earns ₹350 simple interest in 5 years. What is the rate of interest per year, in percent?
  3. 3.₹3000 earns ₹240 simple interest in 4 years. What is the rate of interest per year, in percent?
  4. 4.Diya keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  5. 5.Aarav keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  6. 6.₹4000 earns ₹640 simple interest at 4% a year. For how many years was it kept?
  7. 7.Kabir keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  8. 8.₹2500 earns ₹250 simple interest in 2 years. What is the rate of interest per year, in percent?
  9. 9.Ishaan keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  10. 10.₹500 earns ₹20 simple interest at 4% a year. For how many years was it kept?
  11. 11.Arjun keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  12. 12.₹4000 earns ₹320 simple interest at 2% a year. For how many years was it kept?
  13. 13.₹1000 earns ₹160 simple interest in 4 years. What is the rate of interest per year, in percent?
  14. 14.₹3000 earns ₹360 simple interest at 12% a year. For how many years was it kept?
  15. 15.₹2000 earns ₹900 simple interest in 5 years. What is the rate of interest per year, in percent?
  16. 16.₹1000 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  17. 17.Aarav keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  18. 18.₹500 earns ₹120 simple interest at 12% a year. For how many years was it kept?
  19. 19.₹3000 earns ₹840 simple interest in 4 years. What is the rate of interest per year, in percent?
  20. 20.₹1500 earns ₹600 simple interest in 4 years. What is the rate of interest per year, in percent?
  21. 21.₹4000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  22. 22.₹2500 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  23. 23.Diya keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  24. 24.Isha keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Isha get in 2 years?
  25. 25.₹5000 earns ₹2750 simple interest in 5 years. What is the rate of interest per year, in percent?
  26. 26.Anaya keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  27. 27.Riya keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Riya get in 2 years?
  28. 28.Kabir keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  29. 29.₹1000 earns ₹80 simple interest in 1 year. What is the rate of interest per year, in percent?
  30. 30.₹500 earns ₹180 simple interest at 9% a year. For how many years was it kept?
  31. 31.Isha keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Isha get in 3 years?
  32. 32.₹2500 earns ₹450 simple interest in 2 years. What is the rate of interest per year, in percent?
  33. 33.Meera keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 5 years?
  34. 34.₹2500 earns ₹750 simple interest at 10% a year. For how many years was it kept?
  35. 35.Riya keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 4 years?
  36. 36.Sara keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  37. 37.₹1000 earns ₹40 simple interest at 4% a year. For how many years was it kept?
  38. 38.Arjun keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  39. 39.₹2000 earns ₹500 simple interest in 5 years. What is the rate of interest per year, in percent?
  40. 40.Meera keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?

Answer key

  1. 1
  2. 7
  3. 2
  4. 1030
  5. 1000
  6. 4
  7. 225
  8. 5
  9. 2725
  10. 1
  11. 480
  12. 4
  13. 4
  14. 1
  15. 9
  16. 6
  17. 440
  18. 2
  19. 7
  20. 10
  21. 1
  22. 2
  23. 1620
  24. 180
  25. 11
  26. 1530
  27. 550
  28. 1350
  29. 8
  30. 4
  31. 1440
  32. 9
  33. 50
  34. 3
  35. 1800
  36. 4640
  37. 1
  38. 1240
  39. 5
  40. 6750

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