← Simple interest and the rate lesson New set →

Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 46 · 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 ₹100 simple interest at 4% a year. For how many years was it kept?
  2. 2.Isha keeps ₹5000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  3. 3.₹1500 earns ₹180 simple interest at 6% a year. For how many years was it kept?
  4. 4.₹4000 earns ₹480 simple interest at 6% a year. For how many years was it kept?
  5. 5.₹4000 earns ₹1200 simple interest in 3 years. What is the rate of interest per year, in percent?
  6. 6.₹500 earns ₹15 simple interest in 1 year. What is the rate of interest per year, in percent?
  7. 7.₹2500 earns ₹300 simple interest in 4 years. What is the rate of interest per year, in percent?
  8. 8.Sara keeps ₹4000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  9. 9.Dev keeps ₹2500 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  10. 10.Aarav keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  11. 11.₹5000 earns ₹750 simple interest at 3% a year. For how many years was it kept?
  12. 12.Rohan keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  13. 13.₹2000 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  14. 14.Arjun keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  15. 15.₹1500 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  16. 16.Ishaan keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  17. 17.Ishaan keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  18. 18.₹500 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  19. 19.₹1500 earns ₹90 simple interest in 1 year. What is the rate of interest per year, in percent?
  20. 20.Aarav keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  21. 21.Kabir keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  22. 22.₹1000 earns ₹210 simple interest in 3 years. What is the rate of interest per year, in percent?
  23. 23.Diya keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Diya get in 5 years?
  24. 24.Arjun keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  25. 25.₹500 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  26. 26.Riya keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 1 year?
  27. 27.₹1500 earns ₹90 simple interest at 6% a year. For how many years was it kept?
  28. 28.₹1000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  29. 29.₹5000 earns ₹600 simple interest in 1 year. What is the rate of interest per year, in percent?
  30. 30.₹500 earns ₹60 simple interest at 3% a year. For how many years was it kept?
  31. 31.₹3000 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  32. 32.₹1500 earns ₹240 simple interest in 4 years. What is the rate of interest per year, in percent?
  33. 33.₹5000 earns ₹1400 simple interest at 7% a year. For how many years was it kept?
  34. 34.Isha keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Isha get in 5 years?
  35. 35.₹2500 earns ₹225 simple interest in 3 years. What is the rate of interest per year, in percent?
  36. 36.Riya keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 1 year?
  37. 37.₹1500 earns ₹825 simple interest in 5 years. What is the rate of interest per year, in percent?
  38. 38.₹500 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  39. 39.₹1500 earns ₹210 simple interest at 7% a year. For how many years was it kept?
  40. 40.₹4000 earns ₹80 simple interest at 2% a year. For how many years was it kept?

Answer key

  1. 5
  2. 6100
  3. 2
  4. 2
  5. 10
  6. 3
  7. 3
  8. 4720
  9. 3375
  10. 7400
  11. 5
  12. 100
  13. 3
  14. 375
  15. 4
  16. 30
  17. 5120
  18. 12
  19. 6
  20. 1080
  21. 60
  22. 7
  23. 250
  24. 2400
  25. 4
  26. 40
  27. 1
  28. 8
  29. 12
  30. 4
  31. 2
  32. 4
  33. 4
  34. 825
  35. 3
  36. 60
  37. 11
  38. 8
  39. 2
  40. 1

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