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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 462 · 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 ₹150 simple interest at 3% a year. For how many years was it kept?
  2. 2.₹2000 earns ₹140 simple interest in 1 year. What is the rate of interest per year, in percent?
  3. 3.₹1000 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  4. 4.₹500 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  5. 5.Riya keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 4 years?
  6. 6.Rohan keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  7. 7.₹4000 earns ₹480 simple interest in 3 years. What is the rate of interest per year, in percent?
  8. 8.₹4000 earns ₹640 simple interest at 8% a year. For how many years was it kept?
  9. 9.Arjun keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  10. 10.₹2500 earns ₹1000 simple interest at 8% a year. For how many years was it kept?
  11. 11.Sara keeps ₹5000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  12. 12.₹4000 earns ₹2400 simple interest at 12% a year. For how many years was it kept?
  13. 13.Meera keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 2 years?
  14. 14.₹4000 earns ₹160 simple interest at 4% a year. For how many years was it kept?
  15. 15.₹2000 earns ₹800 simple interest in 4 years. What is the rate of interest per year, in percent?
  16. 16.Kabir keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  17. 17.Kabir keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  18. 18.₹2000 earns ₹160 simple interest at 2% a year. For how many years was it kept?
  19. 19.₹500 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  20. 20.₹2500 earns ₹500 simple interest at 5% a year. For how many years was it kept?
  21. 21.₹1000 earns ₹350 simple interest at 7% a year. For how many years was it kept?
  22. 22.₹2000 earns ₹360 simple interest at 6% a year. For how many years was it kept?
  23. 23.Arjun keeps ₹2000 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  24. 24.Meera keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 3 years?
  25. 25.Meera keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  26. 26.Anaya keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  27. 27.Arjun keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  28. 28.Isha keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 5 years?
  29. 29.Riya keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  30. 30.Aarav keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  31. 31.₹5000 earns ₹550 simple interest in 1 year. What is the rate of interest per year, in percent?
  32. 32.₹1500 earns ₹90 simple interest in 2 years. What is the rate of interest per year, in percent?
  33. 33.Riya keeps ₹2500 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  34. 34.Rohan keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  35. 35.₹500 earns ₹10 simple interest in 1 year. What is the rate of interest per year, in percent?
  36. 36.₹4000 earns ₹320 simple interest at 2% a year. For how many years was it kept?
  37. 37.₹5000 earns ₹600 simple interest in 3 years. What is the rate of interest per year, in percent?
  38. 38.Rohan keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  39. 39.Kabir keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  40. 40.Dev keeps ₹4000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?

Answer key

  1. 2
  2. 7
  3. 2
  4. 4
  5. 720
  6. 300
  7. 4
  8. 2
  9. 1100
  10. 5
  11. 6100
  12. 5
  13. 400
  14. 1
  15. 10
  16. 840
  17. 120
  18. 4
  19. 4
  20. 4
  21. 5
  22. 3
  23. 3000
  24. 600
  25. 5150
  26. 5200
  27. 725
  28. 375
  29. 4050
  30. 1590
  31. 11
  32. 3
  33. 3050
  34. 4600
  35. 2
  36. 4
  37. 4
  38. 165
  39. 4960
  40. 5800

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