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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 461 · 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 ₹300 simple interest at 3% a year. For how many years was it kept?
  2. 2.Isha keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  3. 3.₹1500 earns ₹180 simple interest at 4% a year. For how many years was it kept?
  4. 4.Rohan keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  5. 5.Diya keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  6. 6.Ishaan keeps ₹4000 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  7. 7.Ishaan keeps ₹4000 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  8. 8.Kabir keeps ₹1500 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  9. 9.Meera keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 4 years?
  10. 10.₹3000 earns ₹720 simple interest at 8% a year. For how many years was it kept?
  11. 11.₹2000 earns ₹700 simple interest in 5 years. What is the rate of interest per year, in percent?
  12. 12.₹5000 earns ₹2400 simple interest at 12% a year. For how many years was it kept?
  13. 13.₹5000 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  14. 14.Kabir keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  15. 15.₹2500 earns ₹900 simple interest in 3 years. What is the rate of interest per year, in percent?
  16. 16.Kabir keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  17. 17.Kabir keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  18. 18.Dev keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 2 years?
  19. 19.₹1500 earns ₹300 simple interest at 5% a year. For how many years was it kept?
  20. 20.Riya keeps ₹1500 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  21. 21.₹5000 earns ₹350 simple interest at 7% a year. For how many years was it kept?
  22. 22.₹2000 earns ₹320 simple interest in 2 years. What is the rate of interest per year, in percent?
  23. 23.₹2000 earns ₹1200 simple interest in 5 years. What is the rate of interest per year, in percent?
  24. 24.Dev keeps ₹5000 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  25. 25.Anaya keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  26. 26.₹1000 earns ₹240 simple interest at 8% a year. For how many years was it kept?
  27. 27.₹3000 earns ₹1050 simple interest at 7% a year. For how many years was it kept?
  28. 28.₹4000 earns ₹400 simple interest at 10% a year. For how many years was it kept?
  29. 29.₹1500 earns ₹225 simple interest at 3% a year. For how many years was it kept?
  30. 30.Meera keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 3 years?
  31. 31.Dev keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 1 year, 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 5 years?
  33. 33.₹3000 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  34. 34.Ishaan keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  35. 35.Sara keeps ₹1500 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  36. 36.Rohan keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  37. 37.₹1000 earns ₹180 simple interest in 2 years. What is the rate of interest per year, in percent?
  38. 38.₹3000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  39. 39.Kabir keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  40. 40.₹3000 earns ₹900 simple interest at 6% a year. For how many years was it kept?

Answer key

  1. 4
  2. 1530
  3. 3
  4. 700
  5. 2240
  6. 4960
  7. 5600
  8. 1650
  9. 400
  10. 3
  11. 7
  12. 4
  13. 4
  14. 2900
  15. 12
  16. 3360
  17. 1100
  18. 700
  19. 4
  20. 1725
  21. 1
  22. 8
  23. 12
  24. 7500
  25. 1750
  26. 3
  27. 5
  28. 1
  29. 5
  30. 600
  31. 4120
  32. 100
  33. 2
  34. 1800
  35. 1950
  36. 450
  37. 9
  38. 4
  39. 400
  40. 5

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