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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 448 · 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.Isha keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Isha get in 2 years?
  2. 2.₹4000 earns ₹400 simple interest at 10% a year. For how many years was it kept?
  3. 3.₹500 earns ₹125 simple interest in 5 years. What is the rate of interest per year, in percent?
  4. 4.Diya keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Diya get in 1 year?
  5. 5.Kabir keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  6. 6.₹3000 earns ₹360 simple interest in 2 years. What is the rate of interest per year, in percent?
  7. 7.₹2500 earns ₹800 simple interest at 8% a year. For how many years was it kept?
  8. 8.₹2000 earns ₹400 simple interest in 5 years. What is the rate of interest per year, in percent?
  9. 9.Dev keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  10. 10.₹1500 earns ₹30 simple interest at 2% a year. For how many years was it kept?
  11. 11.Diya keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 5 years?
  12. 12.Ishaan keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  13. 13.Rohan keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  14. 14.Rohan keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  15. 15.Sara keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  16. 16.Ishaan keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  17. 17.Arjun keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  18. 18.₹1000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  19. 19.₹2000 earns ₹120 simple interest at 2% a year. For how many years was it kept?
  20. 20.₹2000 earns ₹420 simple interest in 3 years. What is the rate of interest per year, in percent?
  21. 21.Riya keeps ₹1500 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  22. 22.Aarav keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  23. 23.Meera keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 5 years?
  24. 24.₹1500 earns ₹750 simple interest at 10% a year. For how many years was it kept?
  25. 25.Rohan keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  26. 26.Ishaan keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  27. 27.Riya keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 2 years?
  28. 28.₹1500 earns ₹270 simple interest in 3 years. What is the rate of interest per year, in percent?
  29. 29.₹500 earns ₹120 simple interest in 3 years. What is the rate of interest per year, in percent?
  30. 30.₹2500 earns ₹500 simple interest in 5 years. What is the rate of interest per year, in percent?
  31. 31.Meera keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  32. 32.₹2500 earns ₹750 simple interest in 3 years. What is the rate of interest per year, in percent?
  33. 33.₹4000 earns ₹800 simple interest at 5% a year. For how many years was it kept?
  34. 34.₹2000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  35. 35.₹4000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  36. 36.₹2000 earns ₹700 simple interest in 5 years. What is the rate of interest per year, in percent?
  37. 37.Sara keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Sara get in 5 years?
  38. 38.Diya keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Diya get in 2 years?
  39. 39.Sara keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Sara get in 5 years?
  40. 40.₹4000 earns ₹1320 simple interest at 11% a year. For how many years was it kept?

Answer key

  1. 120
  2. 1
  3. 5
  4. 40
  5. 400
  6. 6
  7. 4
  8. 4
  9. 8000
  10. 1
  11. 600
  12. 120
  13. 1560
  14. 125
  15. 7400
  16. 4960
  17. 90
  18. 8
  19. 3
  20. 7
  21. 1710
  22. 635
  23. 500
  24. 5
  25. 665
  26. 600
  27. 90
  28. 6
  29. 8
  30. 4
  31. 3660
  32. 10
  33. 4
  34. 3
  35. 1
  36. 7
  37. 600
  38. 240
  39. 600
  40. 3

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