← Simple interest and the rate lesson New set →

Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 44 · 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.₹2500 earns ₹75 simple interest in 1 year. What is the rate of interest per year, in percent?
  2. 2.Dev keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  3. 3.₹4000 earns ₹720 simple interest at 6% a year. For how many years was it kept?
  4. 4.Riya keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 1 year?
  5. 5.Ishaan keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  6. 6.Riya keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  7. 7.₹2500 earns ₹450 simple interest at 9% a year. For how many years was it kept?
  8. 8.₹500 earns ₹45 simple interest in 3 years. What is the rate of interest per year, in percent?
  9. 9.₹500 earns ₹140 simple interest at 7% a year. For how many years was it kept?
  10. 10.Diya keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 1 year?
  11. 11.₹1000 earns ₹300 simple interest at 6% a year. For how many years was it kept?
  12. 12.₹1000 earns ₹60 simple interest in 2 years. What is the rate of interest per year, in percent?
  13. 13.Kabir keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  14. 14.Ishaan keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  15. 15.Kabir keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  16. 16.Kabir keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  17. 17.₹3000 earns ₹990 simple interest in 3 years. What is the rate of interest per year, in percent?
  18. 18.Aarav keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  19. 19.Riya keeps ₹5000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  20. 20.₹4000 earns ₹960 simple interest at 8% a year. For how many years was it kept?
  21. 21.₹2000 earns ₹200 simple interest at 5% a year. For how many years was it kept?
  22. 22.Aarav keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  23. 23.₹1500 earns ₹660 simple interest in 4 years. What is the rate of interest per year, in percent?
  24. 24.₹3000 earns ₹330 simple interest in 1 year. What is the rate of interest per year, in percent?
  25. 25.Kabir keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  26. 26.₹1000 earns ₹360 simple interest at 9% a year. For how many years was it kept?
  27. 27.₹4000 earns ₹400 simple interest in 5 years. What is the rate of interest per year, in percent?
  28. 28.Meera keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 1 year?
  29. 29.Aarav keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  30. 30.₹2500 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  31. 31.Kabir keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  32. 32.₹1500 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  33. 33.Arjun keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  34. 34.₹5000 earns ₹500 simple interest at 10% a year. For how many years was it kept?
  35. 35.₹5000 earns ₹250 simple interest at 5% a year. For how many years was it kept?
  36. 36.₹2500 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  37. 37.Rohan keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  38. 38.₹1500 earns ₹900 simple interest at 12% a year. For how many years was it kept?
  39. 39.Ishaan keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  40. 40.Dev keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 2 years?

Answer key

  1. 3
  2. 3240
  3. 3
  4. 135
  5. 660
  6. 3060
  7. 2
  8. 3
  9. 4
  10. 440
  11. 5
  12. 3
  13. 3180
  14. 3180
  15. 2240
  16. 250
  17. 11
  18. 450
  19. 5450
  20. 3
  21. 2
  22. 300
  23. 11
  24. 11
  25. 4080
  26. 4
  27. 2
  28. 360
  29. 1800
  30. 4
  31. 60
  32. 4
  33. 440
  34. 1
  35. 1
  36. 4
  37. 90
  38. 5
  39. 1090
  40. 200

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