← Simple interest and the rate lesson New set →

Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 42 · 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.₹1500 earns ₹60 simple interest at 2% a year. For how many years was it kept?
  2. 2.Riya keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 5 years?
  3. 3.₹1500 earns ₹120 simple interest at 8% a year. For how many years was it kept?
  4. 4.Riya keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 3 years?
  5. 5.Arjun keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  6. 6.Riya keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 4 years?
  7. 7.Kabir keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  8. 8.₹3000 earns ₹600 simple interest at 10% a year. For how many years was it kept?
  9. 9.Sara keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Sara get in 1 year?
  10. 10.Diya keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 5 years?
  11. 11.₹2000 earns ₹960 simple interest in 4 years. What is the rate of interest per year, in percent?
  12. 12.₹3000 earns ₹1080 simple interest at 12% a year. For how many years was it kept?
  13. 13.₹1500 earns ₹180 simple interest at 4% a year. For how many years was it kept?
  14. 14.₹1000 earns ₹90 simple interest at 9% a year. For how many years was it kept?
  15. 15.Ishaan keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  16. 16.Sara keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Sara get in 5 years?
  17. 17.Aarav keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  18. 18.₹5000 earns ₹1100 simple interest at 11% a year. For how many years was it kept?
  19. 19.Aarav keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  20. 20.₹500 earns ₹20 simple interest at 4% a year. For how many years was it kept?
  21. 21.₹4000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  22. 22.₹2500 earns ₹300 simple interest in 4 years. What is the rate of interest per year, in percent?
  23. 23.₹500 earns ₹180 simple interest in 4 years. What is the rate of interest per year, in percent?
  24. 24.Rohan keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  25. 25.₹1500 earns ₹135 simple interest at 3% a year. For how many years was it kept?
  26. 26.Sara keeps ₹3000 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  27. 27.Sara keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Sara get in 2 years?
  28. 28.₹4000 earns ₹440 simple interest in 1 year. What is the rate of interest per year, in percent?
  29. 29.Isha keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  30. 30.Rohan keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  31. 31.₹5000 earns ₹1600 simple interest in 4 years. What is the rate of interest per year, in percent?
  32. 32.Ishaan keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  33. 33.₹500 earns ₹25 simple interest in 1 year. What is the rate of interest per year, in percent?
  34. 34.Rohan keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  35. 35.₹2500 earns ₹250 simple interest at 5% a year. For how many years was it kept?
  36. 36.Diya keeps ₹3000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  37. 37.₹4000 earns ₹360 simple interest at 9% a year. For how many years was it kept?
  38. 38.Meera keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Meera get in 2 years?
  39. 39.Riya keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 3 years?
  40. 40.₹1000 earns ₹250 simple interest in 5 years. What is the rate of interest per year, in percent?

Answer key

  1. 2
  2. 1200
  3. 1
  4. 1080
  5. 960
  6. 1200
  7. 120
  8. 2
  9. 150
  10. 1000
  11. 12
  12. 3
  13. 3
  14. 1
  15. 240
  16. 1375
  17. 240
  18. 2
  19. 160
  20. 1
  21. 3
  22. 3
  23. 9
  24. 200
  25. 3
  26. 4080
  27. 720
  28. 11
  29. 1160
  30. 360
  31. 8
  32. 2900
  33. 5
  34. 180
  35. 2
  36. 3300
  37. 1
  38. 110
  39. 240
  40. 5

Free percentage lessons, practice and worksheets at talentjr.in/how-to-calculate-percentage