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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 470 · 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 ₹60 simple interest at 4% a year. For how many years was it kept?
  2. 2.Riya keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  3. 3.Aarav keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  4. 4.₹1000 earns ₹60 simple interest in 2 years. What is the rate of interest per year, in percent?
  5. 5.₹3000 earns ₹720 simple interest at 12% a year. For how many years was it kept?
  6. 6.₹2500 earns ₹700 simple interest at 7% a year. For how many years was it kept?
  7. 7.Ishaan keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  8. 8.₹4000 earns ₹960 simple interest in 4 years. What is the rate of interest per year, in percent?
  9. 9.Ishaan keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  10. 10.Sara keeps ₹1500 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  11. 11.Meera keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  12. 12.Anaya keeps ₹5000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  13. 13.Ishaan keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  14. 14.₹4000 earns ₹560 simple interest in 2 years. What is the rate of interest per year, in percent?
  15. 15.₹1500 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  16. 16.Ishaan keeps ₹1000 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  17. 17.₹2500 earns ₹300 simple interest at 6% a year. For how many years was it kept?
  18. 18.Rohan keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  19. 19.₹1000 earns ₹330 simple interest at 11% a year. For how many years was it kept?
  20. 20.Riya keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  21. 21.₹1000 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  22. 22.₹4000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  23. 23.Arjun keeps ₹5000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  24. 24.Dev keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  25. 25.₹500 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  26. 26.₹2500 earns ₹600 simple interest at 6% a year. For how many years was it kept?
  27. 27.Aarav keeps ₹4000 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  28. 28.Aarav keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  29. 29.₹1500 earns ₹90 simple interest in 2 years. What is the rate of interest per year, in percent?
  30. 30.₹2000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  31. 31.Aarav keeps ₹3000 in a bank at 7% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  32. 32.Dev keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 1 year?
  33. 33.₹1500 earns ₹75 simple interest at 5% a year. For how many years was it kept?
  34. 34.Meera keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 4 years?
  35. 35.Arjun keeps ₹3000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  36. 36.Dev keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Dev get in 1 year?
  37. 37.Isha keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Isha get in 2 years?
  38. 38.₹1000 earns ₹480 simple interest in 4 years. What is the rate of interest per year, in percent?
  39. 39.₹2000 earns ₹480 simple interest at 12% a year. For how many years was it kept?
  40. 40.₹3000 earns ₹360 simple interest at 12% a year. For how many years was it kept?

Answer key

  1. 3
  2. 1180
  3. 500
  4. 3
  5. 2
  6. 4
  7. 80
  8. 6
  9. 225
  10. 1860
  11. 550
  12. 5450
  13. 6750
  14. 7
  15. 4
  16. 1550
  17. 2
  18. 5100
  19. 3
  20. 545
  21. 6
  22. 2
  23. 6350
  24. 1560
  25. 4
  26. 4
  27. 4480
  28. 2550
  29. 3
  30. 3
  31. 420
  32. 45
  33. 1
  34. 480
  35. 3150
  36. 165
  37. 180
  38. 12
  39. 2
  40. 1

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