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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 416 · 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 ₹990 simple interest in 3 years. What is the rate of interest per year, in percent?
  2. 2.₹3000 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  3. 3.₹1000 earns ₹90 simple interest at 9% a year. For how many years was it kept?
  4. 4.Kabir keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  5. 5.Anaya keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  6. 6.₹500 earns ₹70 simple interest in 2 years. What is the rate of interest per year, in percent?
  7. 7.₹5000 earns ₹2750 simple interest at 11% a year. For how many years was it kept?
  8. 8.₹2500 earns ₹175 simple interest at 7% a year. For how many years was it kept?
  9. 9.₹5000 earns ₹400 simple interest at 4% a year. For how many years was it kept?
  10. 10.Riya keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  11. 11.₹5000 earns ₹1050 simple interest in 3 years. What is the rate of interest per year, in percent?
  12. 12.Anaya keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  13. 13.Kabir keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  14. 14.₹5000 earns ₹350 simple interest in 1 year. What is the rate of interest per year, in percent?
  15. 15.₹2000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  16. 16.₹2500 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  17. 17.₹1000 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  18. 18.Riya keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Riya get in 1 year?
  19. 19.Kabir keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  20. 20.₹3000 earns ₹630 simple interest at 7% a year. For how many years was it kept?
  21. 21.Isha keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Isha get in 4 years?
  22. 22.₹1000 earns ₹90 simple interest in 3 years. What is the rate of interest per year, in percent?
  23. 23.₹500 earns ₹45 simple interest at 9% a year. For how many years was it kept?
  24. 24.₹2000 earns ₹160 simple interest at 2% a year. For how many years was it kept?
  25. 25.₹500 earns ₹100 simple interest at 4% a year. For how many years was it kept?
  26. 26.Isha keeps ₹2000 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  27. 27.Aarav keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  28. 28.₹500 earns ₹160 simple interest in 4 years. What is the rate of interest per year, in percent?
  29. 29.₹4000 earns ₹960 simple interest at 8% a year. For how many years was it kept?
  30. 30.Riya keeps ₹2000 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 3 years?
  31. 31.Anaya keeps ₹1500 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  32. 32.Dev keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Dev get in 2 years?
  33. 33.₹500 earns ₹275 simple interest in 5 years. What is the rate of interest per year, in percent?
  34. 34.Aarav keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  35. 35.Kabir keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  36. 36.₹2000 earns ₹600 simple interest in 3 years. What is the rate of interest per year, in percent?
  37. 37.₹1000 earns ₹480 simple interest at 12% a year. For how many years was it kept?
  38. 38.Diya keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  39. 39.₹5000 earns ₹500 simple interest in 2 years. What is the rate of interest per year, in percent?
  40. 40.₹2000 earns ₹240 simple interest at 12% a year. For how many years was it kept?

Answer key

  1. 11
  2. 5
  3. 1
  4. 3270
  5. 500
  6. 7
  7. 5
  8. 1
  9. 2
  10. 5600
  11. 7
  12. 1740
  13. 900
  14. 7
  15. 6
  16. 4
  17. 5
  18. 140
  19. 1125
  20. 3
  21. 1200
  22. 3
  23. 1
  24. 4
  25. 5
  26. 2660
  27. 200
  28. 8
  29. 3
  30. 540
  31. 1575
  32. 400
  33. 11
  34. 225
  35. 320
  36. 10
  37. 4
  38. 1120
  39. 5
  40. 1

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