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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 396 · 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.₹500 earns ₹35 simple interest at 7% a year. For how many years was it kept?
  2. 2.₹4000 earns ₹960 simple interest at 12% a year. For how many years was it kept?
  3. 3.₹1500 earns ₹270 simple interest at 6% a year. For how many years was it kept?
  4. 4.Arjun keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  5. 5.₹2500 earns ₹300 simple interest in 2 years. What is the rate of interest per year, in percent?
  6. 6.₹3000 earns ₹1440 simple interest at 12% a year. For how many years was it kept?
  7. 7.Arjun keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  8. 8.₹1000 earns ₹120 simple interest at 6% a year. For how many years was it kept?
  9. 9.Arjun keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  10. 10.Riya keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 1 year?
  11. 11.₹2500 earns ₹275 simple interest at 11% a year. For how many years was it kept?
  12. 12.₹500 earns ₹110 simple interest in 2 years. What is the rate of interest per year, in percent?
  13. 13.Riya keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  14. 14.₹1000 earns ₹360 simple interest at 9% a year. For how many years was it kept?
  15. 15.₹5000 earns ₹500 simple interest in 5 years. What is the rate of interest per year, in percent?
  16. 16.₹5000 earns ₹300 simple interest in 2 years. What is the rate of interest per year, in percent?
  17. 17.Isha keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  18. 18.₹2500 earns ₹750 simple interest at 10% a year. For how many years was it kept?
  19. 19.₹500 earns ₹55 simple interest at 11% a year. For how many years was it kept?
  20. 20.Anaya keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  21. 21.Isha keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Isha get in 5 years?
  22. 22.₹2500 earns ₹1200 simple interest at 12% a year. For how many years was it kept?
  23. 23.₹5000 earns ₹900 simple interest at 6% a year. For how many years was it kept?
  24. 24.Riya keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  25. 25.Diya keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 4 years?
  26. 26.₹1000 earns ₹80 simple interest in 4 years. What is the rate of interest per year, in percent?
  27. 27.₹1000 earns ₹30 simple interest at 3% a year. For how many years was it kept?
  28. 28.Aarav keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  29. 29.Sara keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Sara get in 1 year?
  30. 30.₹500 earns ₹180 simple interest at 12% a year. For how many years was it kept?
  31. 31.Riya keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Riya get in 5 years?
  32. 32.₹3000 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  33. 33.₹1500 earns ₹405 simple interest in 3 years. What is the rate of interest per year, in percent?
  34. 34.Dev keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Dev get in 1 year?
  35. 35.Ishaan keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  36. 36.₹3000 earns ₹300 simple interest at 2% a year. For how many years was it kept?
  37. 37.Ishaan keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  38. 38.₹500 earns ₹40 simple interest in 2 years. What is the rate of interest per year, in percent?
  39. 39.Arjun keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  40. 40.Kabir keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 1 year?

Answer key

  1. 1
  2. 2
  3. 3
  4. 300
  5. 6
  6. 4
  7. 540
  8. 2
  9. 2800
  10. 200
  11. 1
  12. 11
  13. 550
  14. 4
  15. 2
  16. 3
  17. 4400
  18. 3
  19. 1
  20. 450
  21. 600
  22. 4
  23. 3
  24. 775
  25. 660
  26. 2
  27. 1
  28. 200
  29. 550
  30. 3
  31. 525
  32. 2
  33. 9
  34. 550
  35. 1360
  36. 5
  37. 1060
  38. 4
  39. 210
  40. 15

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