← Simple interest and the rate lesson New set →

Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 468 · 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.₹4000 earns ₹1600 simple interest at 8% a year. For how many years was it kept?
  2. 2.Ishaan keeps ₹2500 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  3. 3.Riya keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 5 years?
  4. 4.₹1000 earns ₹240 simple interest at 6% a year. For how many years was it kept?
  5. 5.Rohan keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  6. 6.₹1500 earns ₹825 simple interest in 5 years. What is the rate of interest per year, in percent?
  7. 7.Anaya keeps ₹1000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  8. 8.₹1500 earns ₹120 simple interest in 4 years. What is the rate of interest per year, in percent?
  9. 9.Ishaan keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  10. 10.₹1500 earns ₹225 simple interest at 3% a year. For how many years was it kept?
  11. 11.₹500 earns ₹15 simple interest in 1 year. What is the rate of interest per year, in percent?
  12. 12.₹4000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  13. 13.Riya keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 4 years?
  14. 14.Rohan keeps ₹5000 in a bank at 12% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  15. 15.Meera keeps ₹5000 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  16. 16.Aarav keeps ₹3000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  17. 17.Kabir keeps ₹500 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  18. 18.₹500 earns ₹100 simple interest at 5% a year. For how many years was it kept?
  19. 19.Sara keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Sara get in 1 year?
  20. 20.Rohan keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  21. 21.₹4000 earns ₹1760 simple interest in 4 years. What is the rate of interest per year, in percent?
  22. 22.Riya keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 1 year?
  23. 23.₹1000 earns ₹110 simple interest in 1 year. What is the rate of interest per year, in percent?
  24. 24.₹2000 earns ₹140 simple interest at 7% a year. For how many years was it kept?
  25. 25.Riya keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  26. 26.Ishaan keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  27. 27.₹500 earns ₹200 simple interest in 4 years. What is the rate of interest per year, in percent?
  28. 28.Meera keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 4 years?
  29. 29.Ishaan keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  30. 30.₹3000 earns ₹270 simple interest at 3% a year. For how many years was it kept?
  31. 31.Diya keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  32. 32.Riya keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  33. 33.Aarav keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  34. 34.Aarav keeps ₹500 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  35. 35.₹3000 earns ₹360 simple interest at 3% a year. For how many years was it kept?
  36. 36.₹2500 earns ₹200 simple interest in 1 year. What is the rate of interest per year, in percent?
  37. 37.Kabir keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  38. 38.₹500 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  39. 39.₹1500 earns ₹315 simple interest at 7% a year. For how many years was it kept?
  40. 40.₹1500 earns ₹120 simple interest at 4% a year. For how many years was it kept?

Answer key

  1. 5
  2. 3000
  3. 400
  4. 4
  5. 2960
  6. 11
  7. 1240
  8. 2
  9. 1020
  10. 5
  11. 3
  12. 3
  13. 200
  14. 2400
  15. 7750
  16. 3720
  17. 590
  18. 4
  19. 75
  20. 1300
  21. 11
  22. 60
  23. 11
  24. 1
  25. 3840
  26. 4320
  27. 10
  28. 1080
  29. 60
  30. 3
  31. 4480
  32. 3630
  33. 100
  34. 620
  35. 4
  36. 8
  37. 1635
  38. 4
  39. 3
  40. 2

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