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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 398 · 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.₹2500 earns ₹375 simple interest at 3% a year. For how many years was it kept?
  2. 2.Rohan keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  3. 3.₹1500 earns ₹300 simple interest in 2 years. What is the rate of interest per year, in percent?
  4. 4.₹1000 earns ₹60 simple interest at 6% a year. For how many years was it kept?
  5. 5.Sara keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  6. 6.Rohan keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  7. 7.Arjun keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  8. 8.₹4000 earns ₹960 simple interest at 8% a year. For how many years was it kept?
  9. 9.₹1500 earns ₹450 simple interest at 6% a year. For how many years was it kept?
  10. 10.Ishaan keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  11. 11.₹2000 earns ₹720 simple interest in 3 years. What is the rate of interest per year, in percent?
  12. 12.₹5000 earns ₹300 simple interest at 6% a year. For how many years was it kept?
  13. 13.Ishaan keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  14. 14.Isha keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Isha get in 5 years?
  15. 15.₹1000 earns ₹140 simple interest in 2 years. What is the rate of interest per year, in percent?
  16. 16.₹500 earns ₹45 simple interest in 3 years. What is the rate of interest per year, in percent?
  17. 17.₹1500 earns ₹180 simple interest at 6% a year. For how many years was it kept?
  18. 18.Aarav keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  19. 19.Riya keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Riya get in 3 years?
  20. 20.Diya keeps ₹4000 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  21. 21.Meera keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 4 years?
  22. 22.Meera keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Meera get in 3 years?
  23. 23.₹2000 earns ₹180 simple interest in 1 year. What is the rate of interest per year, in percent?
  24. 24.Kabir keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  25. 25.₹3000 earns ₹1440 simple interest at 12% a year. For how many years was it kept?
  26. 26.Sara keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  27. 27.₹2000 earns ₹1200 simple interest in 5 years. What is the rate of interest per year, in percent?
  28. 28.Aarav keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  29. 29.₹4000 earns ₹560 simple interest in 2 years. What is the rate of interest per year, in percent?
  30. 30.Riya keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 1 year?
  31. 31.₹1500 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  32. 32.₹1000 earns ₹280 simple interest at 7% a year. For how many years was it kept?
  33. 33.₹500 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  34. 34.₹1000 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  35. 35.₹1500 earns ₹105 simple interest at 7% a year. For how many years was it kept?
  36. 36.₹5000 earns ₹300 simple interest in 1 year. What is the rate of interest per year, in percent?
  37. 37.₹3000 earns ₹360 simple interest at 3% a year. For how many years was it kept?
  38. 38.₹5000 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  39. 39.₹2000 earns ₹360 simple interest at 9% a year. For how many years was it kept?
  40. 40.Riya keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?

Answer key

  1. 5
  2. 240
  3. 10
  4. 1
  5. 6400
  6. 480
  7. 40
  8. 3
  9. 5
  10. 400
  11. 12
  12. 1
  13. 110
  14. 100
  15. 7
  16. 3
  17. 2
  18. 75
  19. 315
  20. 5200
  21. 600
  22. 900
  23. 9
  24. 405
  25. 4
  26. 5450
  27. 12
  28. 1400
  29. 7
  30. 120
  31. 4
  32. 4
  33. 4
  34. 6
  35. 1
  36. 6
  37. 4
  38. 2
  39. 2
  40. 535

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