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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 444 · 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 ₹15 simple interest at 3% a year. For how many years was it kept?
  2. 2.Diya keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Diya get in 4 years?
  3. 3.Riya keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 2 years?
  4. 4.₹1500 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  5. 5.₹4000 earns ₹160 simple interest in 1 year. What is the rate of interest per year, in percent?
  6. 6.₹500 earns ₹275 simple interest at 11% a year. For how many years was it kept?
  7. 7.Riya keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 5 years?
  8. 8.Anaya keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  9. 9.₹500 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  10. 10.Arjun keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  11. 11.₹2500 earns ₹600 simple interest at 8% a year. For how many years was it kept?
  12. 12.₹1000 earns ₹20 simple interest in 1 year. What is the rate of interest per year, in percent?
  13. 13.Anaya keeps ₹1500 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  14. 14.₹1500 earns ₹600 simple interest at 8% a year. For how many years was it kept?
  15. 15.Kabir keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  16. 16.₹2500 earns ₹1000 simple interest at 8% a year. For how many years was it kept?
  17. 17.Rohan keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  18. 18.₹1500 earns ₹600 simple interest in 4 years. What is the rate of interest per year, in percent?
  19. 19.₹5000 earns ₹900 simple interest in 2 years. What is the rate of interest per year, in percent?
  20. 20.₹1500 earns ₹270 simple interest at 9% a year. For how many years was it kept?
  21. 21.Isha keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  22. 22.₹5000 earns ₹2500 simple interest at 10% a year. For how many years was it kept?
  23. 23.Kabir keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  24. 24.Dev keeps ₹5000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  25. 25.₹1500 earns ₹300 simple interest in 4 years. What is the rate of interest per year, in percent?
  26. 26.Aarav keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  27. 27.Dev keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  28. 28.Arjun keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  29. 29.₹500 earns ₹60 simple interest at 4% a year. For how many years was it kept?
  30. 30.₹1500 earns ₹165 simple interest at 11% a year. For how many years was it kept?
  31. 31.Anaya keeps ₹4000 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  32. 32.Meera keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 3 years?
  33. 33.Anaya keeps ₹1000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  34. 34.₹2500 earns ₹400 simple interest in 4 years. What is the rate of interest per year, in percent?
  35. 35.₹500 earns ₹70 simple interest in 2 years. What is the rate of interest per year, in percent?
  36. 36.Meera keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  37. 37.Anaya keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  38. 38.Anaya keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  39. 39.Diya keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  40. 40.₹3000 earns ₹1500 simple interest in 5 years. What is the rate of interest per year, in percent?

Answer key

  1. 1
  2. 320
  3. 60
  4. 8
  5. 4
  6. 5
  7. 300
  8. 200
  9. 4
  10. 120
  11. 3
  12. 2
  13. 1995
  14. 5
  15. 720
  16. 5
  17. 520
  18. 10
  19. 9
  20. 2
  21. 2650
  22. 5
  23. 50
  24. 7250
  25. 5
  26. 180
  27. 540
  28. 4640
  29. 3
  30. 1
  31. 6400
  32. 60
  33. 1240
  34. 4
  35. 7
  36. 2650
  37. 1350
  38. 160
  39. 1120
  40. 10

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