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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 467 · 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.₹1500 earns ₹600 simple interest at 10% a year. For how many years was it kept?
  2. 2.Riya keeps ₹5000 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 1 year?
  3. 3.Kabir keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  4. 4.Dev keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 2 years?
  5. 5.₹1500 earns ₹240 simple interest at 8% a year. For how many years was it kept?
  6. 6.₹3000 earns ₹240 simple interest at 4% a year. For how many years was it kept?
  7. 7.Kabir keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  8. 8.₹500 earns ₹60 simple interest in 4 years. What is the rate of interest per year, in percent?
  9. 9.₹5000 earns ₹1250 simple interest at 5% a year. For how many years was it kept?
  10. 10.Aarav keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  11. 11.Isha keeps ₹4000 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  12. 12.Arjun keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  13. 13.₹500 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  14. 14.Sara keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Sara get in 3 years?
  15. 15.Isha keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  16. 16.₹4000 earns ₹640 simple interest in 2 years. What is the rate of interest per year, in percent?
  17. 17.Anaya keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  18. 18.Dev keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  19. 19.Meera keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  20. 20.₹1000 earns ₹90 simple interest at 3% a year. For how many years was it kept?
  21. 21.Sara keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 1 year?
  22. 22.Sara keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  23. 23.Dev keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  24. 24.₹500 earns ₹30 simple interest at 6% a year. For how many years was it kept?
  25. 25.Aarav keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  26. 26.Meera keeps ₹3000 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  27. 27.₹1000 earns ₹270 simple interest at 9% a year. For how many years was it kept?
  28. 28.Kabir keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  29. 29.Anaya keeps ₹5000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  30. 30.Sara keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 3 years?
  31. 31.Aarav keeps ₹5000 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  32. 32.₹2000 earns ₹540 simple interest in 3 years. What is the rate of interest per year, in percent?
  33. 33.Rohan keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  34. 34.Ishaan keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  35. 35.Rohan keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  36. 36.₹500 earns ₹110 simple interest in 2 years. What is the rate of interest per year, in percent?
  37. 37.₹1500 earns ₹300 simple interest at 4% a year. For how many years was it kept?
  38. 38.Rohan keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  39. 39.Rohan keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  40. 40.₹2000 earns ₹160 simple interest at 4% a year. For how many years was it kept?

Answer key

  1. 4
  2. 600
  3. 540
  4. 720
  5. 2
  6. 2
  7. 50
  8. 3
  9. 5
  10. 150
  11. 5440
  12. 4360
  13. 4
  14. 720
  15. 3250
  16. 8
  17. 3990
  18. 1635
  19. 545
  20. 3
  21. 50
  22. 4000
  23. 6800
  24. 1
  25. 135
  26. 3450
  27. 3
  28. 700
  29. 6350
  30. 135
  31. 6500
  32. 9
  33. 530
  34. 4800
  35. 2600
  36. 11
  37. 5
  38. 50
  39. 160
  40. 2

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