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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 453 · 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.₹2000 earns ₹540 simple interest in 3 years. What is the rate of interest per year, in percent?
  2. 2.₹500 earns ₹20 simple interest in 1 year. What is the rate of interest per year, in percent?
  3. 3.Isha keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Isha get in 5 years?
  4. 4.Meera keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  5. 5.Dev keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Dev get in 4 years?
  6. 6.Dev keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 5 years?
  7. 7.Riya keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 3 years?
  8. 8.Aarav keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  9. 9.₹1500 earns ₹720 simple interest at 12% 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.Sara keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 1 year?
  12. 12.Diya keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Diya get in 3 years?
  13. 13.₹2500 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  14. 14.Kabir keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  15. 15.Meera keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Meera get in 1 year?
  16. 16.Dev keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Dev get in 4 years?
  17. 17.Kabir keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  18. 18.Rohan keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  19. 19.Aarav keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  20. 20.Ishaan keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  21. 21.Aarav keeps ₹2500 in a bank at 6% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  22. 22.Arjun keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  23. 23.Meera keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 1 year?
  24. 24.₹1500 earns ₹450 simple interest at 10% a year. For how many years was it kept?
  25. 25.₹1000 earns ₹30 simple interest at 3% a year. For how many years was it kept?
  26. 26.Isha keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  27. 27.₹2500 earns ₹300 simple interest at 4% a year. For how many years was it kept?
  28. 28.Rohan keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  29. 29.Ishaan keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  30. 30.Diya keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Diya get in 3 years?
  31. 31.Kabir keeps ₹1500 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  32. 32.₹5000 earns ₹1750 simple interest at 7% a year. For how many years was it kept?
  33. 33.Diya keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Diya get in 1 year?
  34. 34.Isha keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 5 years?
  35. 35.₹5000 earns ₹2000 simple interest in 4 years. What is the rate of interest per year, in percent?
  36. 36.Riya keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 1 year?
  37. 37.₹1500 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  38. 38.Aarav keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  39. 39.₹2500 earns ₹300 simple interest at 12% a year. For how many years was it kept?
  40. 40.Rohan keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 5 years?

Answer key

  1. 9
  2. 4
  3. 350
  4. 1770
  5. 600
  6. 75
  7. 45
  8. 1680
  9. 4
  10. 3
  11. 75
  12. 90
  13. 8
  14. 240
  15. 300
  16. 220
  17. 3270
  18. 900
  19. 1500
  20. 840
  21. 300
  22. 560
  23. 100
  24. 3
  25. 1
  26. 1280
  27. 3
  28. 660
  29. 440
  30. 540
  31. 1590
  32. 5
  33. 105
  34. 750
  35. 10
  36. 120
  37. 10
  38. 900
  39. 1
  40. 625

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