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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 427 · 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.₹500 earns ₹80 simple interest in 4 years. What is the rate of interest per year, in percent?
  2. 2.₹2500 earns ₹175 simple interest at 7% a year. For how many years was it kept?
  3. 3.Aarav keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  4. 4.₹500 earns ₹220 simple interest in 4 years. What is the rate of interest per year, in percent?
  5. 5.₹5000 earns ₹400 simple interest in 4 years. What is the rate of interest per year, in percent?
  6. 6.₹3000 earns ₹480 simple interest at 8% a year. For how many years was it kept?
  7. 7.₹1000 earns ₹330 simple interest in 3 years. What is the rate of interest per year, in percent?
  8. 8.Dev keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  9. 9.Isha keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Isha get in 1 year?
  10. 10.₹4000 earns ₹240 simple interest in 1 year. What is the rate of interest per year, in percent?
  11. 11.₹2500 earns ₹225 simple interest in 3 years. What is the rate of interest per year, in percent?
  12. 12.Diya keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  13. 13.Meera keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 4 years?
  14. 14.Diya keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Diya get in 4 years?
  15. 15.Sara keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  16. 16.Ishaan keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  17. 17.₹4000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  18. 18.₹5000 earns ₹2750 simple interest in 5 years. What is the rate of interest per year, in percent?
  19. 19.₹1500 earns ₹90 simple interest at 3% a year. For how many years was it kept?
  20. 20.Dev keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Dev get in 5 years?
  21. 21.₹3000 earns ₹900 simple interest at 6% a year. For how many years was it kept?
  22. 22.Diya keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Diya get in 3 years?
  23. 23.₹4000 earns ₹240 simple interest at 3% a year. For how many years was it kept?
  24. 24.₹2000 earns ₹700 simple interest at 7% a year. For how many years was it kept?
  25. 25.Isha keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Isha get in 4 years?
  26. 26.Arjun keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  27. 27.Rohan keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  28. 28.₹2000 earns ₹160 simple interest at 2% a year. For how many years was it kept?
  29. 29.₹1500 earns ₹420 simple interest at 7% a year. For how many years was it kept?
  30. 30.Rohan keeps ₹2000 in a bank at 11% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  31. 31.Ishaan keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  32. 32.₹500 earns ₹240 simple interest in 4 years. What is the rate of interest per year, in percent?
  33. 33.₹2500 earns ₹175 simple interest in 1 year. What is the rate of interest per year, in percent?
  34. 34.₹2000 earns ₹120 simple interest at 6% a year. For how many years was it kept?
  35. 35.₹5000 earns ₹1000 simple interest in 2 years. What is the rate of interest per year, in percent?
  36. 36.Arjun keeps ₹2000 in a bank at 9% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  37. 37.Ishaan keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  38. 38.Kabir keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  39. 39.₹2000 earns ₹320 simple interest at 4% a year. For how many years was it kept?
  40. 40.Diya keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?

Answer key

  1. 4
  2. 1
  3. 100
  4. 11
  5. 2
  6. 2
  7. 11
  8. 3900
  9. 165
  10. 6
  11. 3
  12. 1635
  13. 80
  14. 600
  15. 510
  16. 550
  17. 2
  18. 11
  19. 2
  20. 1500
  21. 5
  22. 180
  23. 2
  24. 5
  25. 240
  26. 625
  27. 360
  28. 4
  29. 4
  30. 1100
  31. 700
  32. 12
  33. 7
  34. 1
  35. 10
  36. 360
  37. 900
  38. 700
  39. 4
  40. 3240

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