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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 409 · 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.Meera keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 3 years?
  2. 2.₹1500 earns ₹75 simple interest in 1 year. What is the rate of interest per year, in percent?
  3. 3.Dev keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  4. 4.₹2000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  5. 5.₹1000 earns ₹40 simple interest in 2 years. What is the rate of interest per year, in percent?
  6. 6.₹4000 earns ₹720 simple interest in 2 years. What is the rate of interest per year, in percent?
  7. 7.Ishaan keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  8. 8.₹4000 earns ₹80 simple interest at 2% a year. For how many years was it kept?
  9. 9.₹1500 earns ₹90 simple interest at 6% a year. For how many years was it kept?
  10. 10.₹5000 earns ₹500 simple interest in 2 years. What is the rate of interest per year, in percent?
  11. 11.Aarav keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  12. 12.₹5000 earns ₹500 simple interest at 10% a year. For how many years was it kept?
  13. 13.₹500 earns ₹35 simple interest in 1 year. What is the rate of interest per year, in percent?
  14. 14.₹1000 earns ₹160 simple interest in 4 years. What is the rate of interest per year, in percent?
  15. 15.Aarav keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  16. 16.Arjun keeps ₹2000 in a bank at 11% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  17. 17.₹2000 earns ₹700 simple interest at 7% a year. For how many years was it kept?
  18. 18.₹4000 earns ₹800 simple interest at 10% a year. For how many years was it kept?
  19. 19.Kabir keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  20. 20.Anaya keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  21. 21.₹3000 earns ₹540 simple interest at 6% a year. For how many years was it kept?
  22. 22.₹1000 earns ₹200 simple interest at 4% a year. For how many years was it kept?
  23. 23.Sara keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  24. 24.₹500 earns ₹50 simple interest in 5 years. What is the rate of interest per year, in percent?
  25. 25.₹5000 earns ₹600 simple interest in 1 year. What is the rate of interest per year, in percent?
  26. 26.Ishaan keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  27. 27.Diya keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  28. 28.Diya keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 4 years?
  29. 29.Diya keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  30. 30.Sara keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Sara get in 3 years?
  31. 31.Ishaan keeps ₹2000 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  32. 32.Sara keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Sara get in 1 year?
  33. 33.₹1000 earns ₹60 simple interest in 3 years. What is the rate of interest per year, in percent?
  34. 34.₹1000 earns ₹180 simple interest at 9% a year. For how many years was it kept?
  35. 35.₹5000 earns ₹500 simple interest at 2% a year. For how many years was it kept?
  36. 36.₹3000 earns ₹60 simple interest at 2% a year. For how many years was it kept?
  37. 37.Sara keeps ₹2000 in a bank at 9% simple interest a year. How many rupees of interest does Sara get in 4 years?
  38. 38.Riya keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 1 year?
  39. 39.₹4000 earns ₹1200 simple interest at 6% a year. For how many years was it kept?
  40. 40.₹5000 earns ₹400 simple interest at 8% a year. For how many years was it kept?

Answer key

  1. 150
  2. 5
  3. 4480
  4. 6
  5. 2
  6. 9
  7. 120
  8. 1
  9. 1
  10. 5
  11. 625
  12. 1
  13. 7
  14. 4
  15. 75
  16. 220
  17. 5
  18. 2
  19. 5600
  20. 1080
  21. 3
  22. 5
  23. 545
  24. 2
  25. 12
  26. 300
  27. 4480
  28. 80
  29. 4840
  30. 375
  31. 720
  32. 50
  33. 2
  34. 2
  35. 5
  36. 1
  37. 720
  38. 180
  39. 5
  40. 1

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