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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 4 · 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.₹3000 earns ₹1080 simple interest at 9% a year. For how many years was it kept?
  2. 2.₹500 earns ₹50 simple interest in 2 years. What is the rate of interest per year, in percent?
  3. 3.Diya keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Diya get in 2 years?
  4. 4.₹500 earns ₹40 simple interest in 2 years. What is the rate of interest per year, in percent?
  5. 5.Aarav keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  6. 6.Anaya keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  7. 7.Sara keeps ₹1000 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  8. 8.₹1500 earns ₹90 simple interest in 3 years. What is the rate of interest per year, in percent?
  9. 9.Aarav keeps ₹4000 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  10. 10.Rohan keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  11. 11.Sara keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Sara get in 5 years?
  12. 12.Isha keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Isha get in 3 years?
  13. 13.Sara keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Sara get in 5 years?
  14. 14.₹1000 earns ₹110 simple interest in 1 year. What is the rate of interest per year, in percent?
  15. 15.₹2000 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  16. 16.Riya keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  17. 17.₹1000 earns ₹600 simple interest at 12% a year. For how many years was it kept?
  18. 18.Aarav keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  19. 19.₹1500 earns ₹495 simple interest in 3 years. What is the rate of interest per year, in percent?
  20. 20.Meera keeps ₹5000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  21. 21.₹1500 earns ₹720 simple interest in 4 years. What is the rate of interest per year, in percent?
  22. 22.Anaya keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  23. 23.₹500 earns ₹50 simple interest at 5% a year. For how many years was it kept?
  24. 24.₹500 earns ₹50 simple interest at 2% a year. For how many years was it kept?
  25. 25.Ishaan keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  26. 26.₹4000 earns ₹440 simple interest in 1 year. What is the rate of interest per year, in percent?
  27. 27.Diya keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  28. 28.Diya keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Diya get in 4 years?
  29. 29.Rohan keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  30. 30.Diya keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  31. 31.Aarav keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  32. 32.Meera keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  33. 33.Meera keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Meera get in 3 years?
  34. 34.₹4000 earns ₹280 simple interest at 7% a year. For how many years was it kept?
  35. 35.Arjun keeps ₹2500 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  36. 36.Rohan keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  37. 37.Riya keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 1 year?
  38. 38.Rohan keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  39. 39.Kabir keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  40. 40.Isha keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?

Answer key

  1. 4
  2. 5
  3. 150
  4. 4
  5. 30
  6. 4800
  7. 1120
  8. 2
  9. 4400
  10. 3840
  11. 1600
  12. 1080
  13. 1375
  14. 11
  15. 2
  16. 4500
  17. 5
  18. 320
  19. 11
  20. 6350
  21. 12
  22. 900
  23. 2
  24. 5
  25. 3270
  26. 11
  27. 1080
  28. 960
  29. 810
  30. 4500
  31. 60
  32. 2750
  33. 360
  34. 1
  35. 2725
  36. 1090
  37. 20
  38. 515
  39. 320
  40. 2480

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