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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 40 · 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.Anaya keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  2. 2.Dev keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  3. 3.Isha keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Isha get in 3 years?
  4. 4.₹500 earns ₹30 simple interest at 6% a year. For how many years was it kept?
  5. 5.Ishaan keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  6. 6.₹1000 earns ₹270 simple interest in 3 years. What is the rate of interest per year, in percent?
  7. 7.₹500 earns ₹60 simple interest at 6% a year. For how many years was it kept?
  8. 8.₹1500 earns ₹60 simple interest at 2% a year. For how many years was it kept?
  9. 9.₹4000 earns ₹320 simple interest at 2% a year. For how many years was it kept?
  10. 10.₹500 earns ₹100 simple interest in 5 years. What is the rate of interest per year, in percent?
  11. 11.Diya keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Diya get in 1 year?
  12. 12.Sara keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 4 years?
  13. 13.Anaya keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  14. 14.₹5000 earns ₹450 simple interest at 9% a year. For how many years was it kept?
  15. 15.₹1000 earns ₹80 simple interest at 8% a year. For how many years was it kept?
  16. 16.Riya keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 2 years?
  17. 17.₹1000 earns ₹600 simple interest at 12% a year. For how many years was it kept?
  18. 18.Riya keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Riya get in 2 years?
  19. 19.₹4000 earns ₹1000 simple interest in 5 years. What is the rate of interest per year, in percent?
  20. 20.Rohan keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  21. 21.₹2000 earns ₹560 simple interest in 4 years. What is the rate of interest per year, in percent?
  22. 22.Kabir keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  23. 23.₹2000 earns ₹480 simple interest in 2 years. What is the rate of interest per year, in percent?
  24. 24.₹5000 earns ₹1350 simple interest in 3 years. What is the rate of interest per year, in percent?
  25. 25.₹2000 earns ₹1200 simple interest at 12% a year. For how many years was it kept?
  26. 26.Dev keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  27. 27.Arjun keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  28. 28.₹2000 earns ₹240 simple interest at 3% a year. For how many years was it kept?
  29. 29.₹1500 earns ₹720 simple interest in 4 years. What is the rate of interest per year, in percent?
  30. 30.₹1000 earns ₹160 simple interest at 4% a year. For how many years was it kept?
  31. 31.₹3000 earns ₹840 simple interest in 4 years. What is the rate of interest per year, in percent?
  32. 32.Rohan keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  33. 33.Kabir keeps ₹3000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  34. 34.₹1500 earns ₹150 simple interest at 5% a year. For how many years was it kept?
  35. 35.₹1500 earns ₹135 simple interest at 9% a year. For how many years was it kept?
  36. 36.Isha keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  37. 37.Aarav keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  38. 38.Meera keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 2 years?
  39. 39.₹1500 earns ₹825 simple interest at 11% a year. For how many years was it kept?
  40. 40.Isha keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Isha get in 4 years?

Answer key

  1. 300
  2. 5150
  3. 900
  4. 1
  5. 240
  6. 9
  7. 2
  8. 2
  9. 4
  10. 4
  11. 200
  12. 80
  13. 840
  14. 1
  15. 1
  16. 480
  17. 5
  18. 220
  19. 5
  20. 125
  21. 7
  22. 640
  23. 12
  24. 9
  25. 5
  26. 1320
  27. 3600
  28. 4
  29. 12
  30. 4
  31. 7
  32. 4400
  33. 3300
  34. 2
  35. 1
  36. 5400
  37. 550
  38. 120
  39. 5
  40. 800

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