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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 438 · 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 ₹600 simple interest in 2 years. What is the rate of interest per year, in percent?
  2. 2.₹500 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  3. 3.₹2000 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  4. 4.Anaya keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  5. 5.Aarav keeps ₹2500 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  6. 6.₹2500 earns ₹200 simple interest at 4% a year. For how many years was it kept?
  7. 7.Meera keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 5 years?
  8. 8.₹5000 earns ₹500 simple interest at 2% a year. For how many years was it kept?
  9. 9.Aarav keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  10. 10.₹3000 earns ₹240 simple interest at 2% a year. For how many years was it kept?
  11. 11.Ishaan keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  12. 12.₹1500 earns ₹825 simple interest at 11% a year. For how many years was it kept?
  13. 13.Riya keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 4 years?
  14. 14.₹3000 earns ₹1200 simple interest at 8% a year. For how many years was it kept?
  15. 15.₹3000 earns ₹1650 simple interest in 5 years. What is the rate of interest per year, in percent?
  16. 16.Isha keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Isha get in 2 years?
  17. 17.Ishaan keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  18. 18.Diya keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 1 year?
  19. 19.Arjun keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  20. 20.Diya keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Diya get in 1 year?
  21. 21.Dev keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 1 year?
  22. 22.Meera keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Meera get in 1 year?
  23. 23.₹3000 earns ₹1440 simple interest at 12% a year. For how many years was it kept?
  24. 24.Aarav keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  25. 25.Rohan keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  26. 26.₹500 earns ₹20 simple interest in 1 year. What is the rate of interest per year, in percent?
  27. 27.Anaya keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  28. 28.₹500 earns ₹60 simple interest at 4% a year. For how many years was it kept?
  29. 29.Anaya keeps ₹5000 in a bank at 8% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  30. 30.₹2500 earns ₹375 simple interest at 3% a year. For how many years was it kept?
  31. 31.Anaya keeps ₹2000 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  32. 32.₹2500 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  33. 33.₹2500 earns ₹900 simple interest in 4 years. What is the rate of interest per year, in percent?
  34. 34.₹3000 earns ₹90 simple interest at 3% a year. For how many years was it kept?
  35. 35.₹2500 earns ₹225 simple interest in 1 year. What is the rate of interest per year, in percent?
  36. 36.Riya keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 2 years?
  37. 37.₹5000 earns ₹200 simple interest at 4% a year. For how many years was it kept?
  38. 38.₹1500 earns ₹600 simple interest at 8% a year. For how many years was it kept?
  39. 39.₹2000 earns ₹500 simple interest at 5% a year. For how many years was it kept?
  40. 40.₹500 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?

Answer key

  1. 10
  2. 4
  3. 5
  4. 200
  5. 3175
  6. 2
  7. 1800
  8. 5
  9. 1600
  10. 4
  11. 800
  12. 5
  13. 180
  14. 5
  15. 11
  16. 400
  17. 350
  18. 15
  19. 220
  20. 50
  21. 240
  22. 110
  23. 4
  24. 1200
  25. 535
  26. 4
  27. 3400
  28. 3
  29. 400
  30. 5
  31. 2220
  32. 4
  33. 9
  34. 1
  35. 9
  36. 400
  37. 1
  38. 5
  39. 5
  40. 10

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