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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 43 · 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.₹4000 earns ₹960 simple interest at 6% a year. For how many years was it kept?
  2. 2.₹500 earns ₹200 simple interest in 4 years. What is the rate of interest per year, in percent?
  3. 3.Sara keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  4. 4.Anaya keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  5. 5.₹2000 earns ₹240 simple interest at 6% a year. For how many years was it kept?
  6. 6.₹1000 earns ₹400 simple interest at 8% a year. For how many years was it kept?
  7. 7.Ishaan keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  8. 8.Riya keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 2 years?
  9. 9.₹3000 earns ₹720 simple interest at 6% a year. For how many years was it kept?
  10. 10.₹1000 earns ₹120 simple interest at 4% a year. For how many years was it kept?
  11. 11.Aarav keeps ₹4000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  12. 12.Isha keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Isha get in 1 year?
  13. 13.₹500 earns ₹20 simple interest in 1 year. What is the rate of interest per year, in percent?
  14. 14.Isha keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Isha get in 1 year?
  15. 15.Ishaan keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  16. 16.Isha keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Isha get in 5 years?
  17. 17.₹2000 earns ₹800 simple interest at 10% a year. For how many years was it kept?
  18. 18.Sara keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Sara get in 1 year?
  19. 19.Riya keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  20. 20.₹1500 earns ₹135 simple interest at 9% a year. For how many years was it kept?
  21. 21.Meera keeps ₹2000 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  22. 22.Dev keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Dev get in 1 year?
  23. 23.Riya keeps ₹500 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  24. 24.₹500 earns ₹45 simple interest at 3% a year. For how many years was it kept?
  25. 25.₹3000 earns ₹420 simple interest in 2 years. What is the rate of interest per year, in percent?
  26. 26.Anaya keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  27. 27.Ishaan keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  28. 28.Kabir keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  29. 29.Aarav keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  30. 30.Sara keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  31. 31.Isha keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Isha get in 5 years?
  32. 32.Sara keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 5 years?
  33. 33.₹2000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  34. 34.₹5000 earns ₹100 simple interest at 2% a year. For how many years was it kept?
  35. 35.Diya keeps ₹3000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  36. 36.₹4000 earns ₹720 simple interest in 2 years. What is the rate of interest per year, in percent?
  37. 37.₹1500 earns ₹525 simple interest in 5 years. What is the rate of interest per year, in percent?
  38. 38.Rohan keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  39. 39.Arjun keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  40. 40.Diya keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 2 years?

Answer key

  1. 4
  2. 10
  3. 4320
  4. 120
  5. 2
  6. 5
  7. 120
  8. 320
  9. 4
  10. 3
  11. 4960
  12. 240
  13. 4
  14. 50
  15. 330
  16. 1800
  17. 4
  18. 400
  19. 3090
  20. 1
  21. 2700
  22. 200
  23. 560
  24. 3
  25. 7
  26. 1060
  27. 960
  28. 720
  29. 450
  30. 520
  31. 450
  32. 600
  33. 6
  34. 1
  35. 4440
  36. 9
  37. 7
  38. 300
  39. 2875
  40. 120

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