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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 394 · 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.Aarav keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  2. 2.Meera keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  3. 3.Ishaan keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  4. 4.Dev keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  5. 5.₹500 earns ₹55 simple interest at 11% a year. For how many years was it kept?
  6. 6.₹5000 earns ₹1800 simple interest at 9% a year. For how many years was it kept?
  7. 7.₹1000 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  8. 8.Sara keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 5 years?
  9. 9.₹3000 earns ₹720 simple interest in 2 years. What is the rate of interest per year, in percent?
  10. 10.Sara keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  11. 11.₹1500 earns ₹300 simple interest in 2 years. What is the rate of interest per year, in percent?
  12. 12.Meera keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Meera get in 5 years?
  13. 13.₹2500 earns ₹175 simple interest at 7% a year. For how many years was it kept?
  14. 14.Sara keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  15. 15.Ishaan keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  16. 16.₹500 earns ₹50 simple interest at 2% a year. For how many years was it kept?
  17. 17.Diya keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Diya get in 4 years?
  18. 18.Arjun keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  19. 19.₹2000 earns ₹360 simple interest at 6% a year. For how many years was it kept?
  20. 20.₹3000 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  21. 21.₹5000 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  22. 22.₹2500 earns ₹525 simple interest at 7% a year. For how many years was it kept?
  23. 23.₹3000 earns ₹1200 simple interest in 5 years. What is the rate of interest per year, in percent?
  24. 24.₹1000 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  25. 25.Meera keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  26. 26.₹5000 earns ₹300 simple interest in 1 year. What is the rate of interest per year, in percent?
  27. 27.₹1500 earns ₹600 simple interest at 10% a year. For how many years was it kept?
  28. 28.Kabir keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  29. 29.₹2500 earns ₹900 simple interest at 12% a year. For how many years was it kept?
  30. 30.Kabir keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  31. 31.Rohan keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  32. 32.₹3000 earns ₹840 simple interest at 7% a year. For how many years was it kept?
  33. 33.₹2500 earns ₹375 simple interest at 3% a year. For how many years was it kept?
  34. 34.₹5000 earns ₹1500 simple interest at 6% a year. For how many years was it kept?
  35. 35.Arjun keeps ₹5000 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  36. 36.Meera keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 1 year?
  37. 37.Isha keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Isha get in 3 years?
  38. 38.₹2500 earns ₹450 simple interest in 2 years. What is the rate of interest per year, in percent?
  39. 39.₹2000 earns ₹660 simple interest in 3 years. What is the rate of interest per year, in percent?
  40. 40.Anaya keeps ₹1000 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?

Answer key

  1. 80
  2. 4560
  3. 2900
  4. 1100
  5. 1
  6. 4
  7. 10
  8. 150
  9. 12
  10. 1100
  11. 10
  12. 300
  13. 1
  14. 600
  15. 10
  16. 5
  17. 1200
  18. 30
  19. 3
  20. 2
  21. 4
  22. 3
  23. 8
  24. 2
  25. 5100
  26. 6
  27. 4
  28. 2500
  29. 3
  30. 1400
  31. 200
  32. 4
  33. 5
  34. 5
  35. 6600
  36. 140
  37. 90
  38. 9
  39. 11
  40. 1550

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