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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 424 · 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.₹2000 earns ₹160 simple interest in 4 years. What is the rate of interest per year, in percent?
  2. 2.₹2500 earns ₹700 simple interest at 7% a year. For how many years was it kept?
  3. 3.Isha keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Isha get in 4 years?
  4. 4.₹3000 earns ₹1080 simple interest in 4 years. What is the rate of interest per year, in percent?
  5. 5.Arjun keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  6. 6.₹2000 earns ₹500 simple interest at 5% a year. For how many years was it kept?
  7. 7.₹3000 earns ₹1200 simple interest at 10% a year. For how many years was it kept?
  8. 8.Isha keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  9. 9.Dev keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Dev get in 3 years?
  10. 10.Aarav keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  11. 11.Rohan keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  12. 12.Kabir keeps ₹2500 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  13. 13.₹4000 earns ₹400 simple interest at 2% a year. For how many years was it kept?
  14. 14.₹2500 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  15. 15.₹2000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  16. 16.Kabir keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  17. 17.Dev keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Dev get in 5 years?
  18. 18.Diya keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Diya get in 5 years?
  19. 19.₹4000 earns ₹1800 simple interest in 5 years. What is the rate of interest per year, in percent?
  20. 20.₹2500 earns ₹1000 simple interest in 4 years. What is the rate of interest per year, in percent?
  21. 21.Ishaan keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  22. 22.Isha keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  23. 23.Kabir keeps ₹2000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  24. 24.₹500 earns ₹40 simple interest in 2 years. What is the rate of interest per year, in percent?
  25. 25.Arjun keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  26. 26.₹1000 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  27. 27.₹4000 earns ₹800 simple interest in 4 years. What is the rate of interest per year, in percent?
  28. 28.₹5000 earns ₹750 simple interest in 5 years. What is the rate of interest per year, in percent?
  29. 29.₹4000 earns ₹1440 simple interest in 4 years. What is the rate of interest per year, in percent?
  30. 30.Riya keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  31. 31.Riya keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Riya get in 1 year?
  32. 32.₹4000 earns ₹1320 simple interest in 3 years. What is the rate of interest per year, in percent?
  33. 33.₹1000 earns ₹360 simple interest in 4 years. What is the rate of interest per year, in percent?
  34. 34.Kabir keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  35. 35.Dev keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 3 years?
  36. 36.₹2500 earns ₹1200 simple interest at 12% a year. For how many years was it kept?
  37. 37.₹500 earns ₹120 simple interest in 3 years. What is the rate of interest per year, in percent?
  38. 38.Diya keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  39. 39.Kabir keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  40. 40.Meera keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 5 years?

Answer key

  1. 2
  2. 4
  3. 80
  4. 9
  5. 600
  6. 5
  7. 4
  8. 1635
  9. 1350
  10. 2500
  11. 3180
  12. 2775
  13. 5
  14. 6
  15. 2
  16. 160
  17. 400
  18. 300
  19. 9
  20. 10
  21. 100
  22. 6000
  23. 2360
  24. 4
  25. 165
  26. 2
  27. 5
  28. 3
  29. 9
  30. 3300
  31. 550
  32. 11
  33. 9
  34. 800
  35. 120
  36. 4
  37. 8
  38. 1030
  39. 30
  40. 1000

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