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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 414 · 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.₹5000 earns ₹750 simple interest in 3 years. What is the rate of interest per year, in percent?
  2. 2.Arjun keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  3. 3.₹2500 earns ₹1000 simple interest at 10% a year. For how many years was it kept?
  4. 4.₹4000 earns ₹1440 simple interest in 3 years. What is the rate of interest per year, in percent?
  5. 5.₹3000 earns ₹180 simple interest in 1 year. What is the rate of interest per year, in percent?
  6. 6.₹3000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  7. 7.Ishaan keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  8. 8.₹500 earns ₹20 simple interest at 4% a year. For how many years was it kept?
  9. 9.₹2500 earns ₹825 simple interest at 11% a year. For how many years was it kept?
  10. 10.₹1000 earns ₹40 simple interest at 4% a year. For how many years was it kept?
  11. 11.Anaya keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  12. 12.Aarav keeps ₹1500 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  13. 13.₹2000 earns ₹900 simple interest at 9% a year. For how many years was it kept?
  14. 14.Kabir keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  15. 15.₹1500 earns ₹405 simple interest at 9% a year. For how many years was it kept?
  16. 16.₹500 earns ₹120 simple interest at 12% a year. For how many years was it kept?
  17. 17.₹1000 earns ₹180 simple interest at 9% a year. For how many years was it kept?
  18. 18.Diya keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Diya get in 4 years?
  19. 19.Riya keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 4 years?
  20. 20.₹5000 earns ₹800 simple interest in 2 years. What is the rate of interest per year, in percent?
  21. 21.Arjun keeps ₹2500 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  22. 22.₹500 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  23. 23.₹1000 earns ₹480 simple interest in 4 years. What is the rate of interest per year, in percent?
  24. 24.₹2500 earns ₹1375 simple interest in 5 years. What is the rate of interest per year, in percent?
  25. 25.Ishaan keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  26. 26.₹2000 earns ₹600 simple interest at 6% a year. For how many years was it kept?
  27. 27.Diya keeps ₹2500 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  28. 28.₹2000 earns ₹300 simple interest at 3% a year. For how many years was it kept?
  29. 29.₹2500 earns ₹275 simple interest in 1 year. What is the rate of interest per year, in percent?
  30. 30.₹500 earns ₹180 simple interest in 4 years. What is the rate of interest per year, in percent?
  31. 31.Aarav keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  32. 32.Anaya keeps ₹5000 in a bank at 8% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  33. 33.Meera keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  34. 34.Meera keeps ₹500 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  35. 35.Arjun keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  36. 36.Riya keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 1 year?
  37. 37.₹1000 earns ₹150 simple interest in 3 years. What is the rate of interest per year, in percent?
  38. 38.₹2500 earns ₹75 simple interest at 3% a year. For how many years was it kept?
  39. 39.₹500 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  40. 40.₹1500 earns ₹225 simple interest at 3% a year. For how many years was it kept?

Answer key

  1. 5
  2. 1620
  3. 4
  4. 12
  5. 6
  6. 4
  7. 320
  8. 1
  9. 3
  10. 1
  11. 1090
  12. 1995
  13. 5
  14. 2160
  15. 3
  16. 2
  17. 2
  18. 1280
  19. 800
  20. 8
  21. 3875
  22. 8
  23. 12
  24. 11
  25. 1545
  26. 5
  27. 2675
  28. 5
  29. 11
  30. 9
  31. 400
  32. 400
  33. 800
  34. 590
  35. 480
  36. 200
  37. 5
  38. 1
  39. 4
  40. 5

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