← Simple interest and the rate lesson New set →

Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 474 · 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.Meera keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Meera get in 1 year?
  2. 2.Aarav keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  3. 3.Sara keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  4. 4.₹3000 earns ₹300 simple interest in 2 years. What is the rate of interest per year, in percent?
  5. 5.Ishaan keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  6. 6.₹2000 earns ₹540 simple interest in 3 years. What is the rate of interest per year, in percent?
  7. 7.₹1500 earns ₹270 simple interest at 9% a year. For how many years was it kept?
  8. 8.Arjun keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  9. 9.₹3000 earns ₹720 simple interest in 2 years. What is the rate of interest per year, in percent?
  10. 10.Rohan keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  11. 11.₹500 earns ₹20 simple interest in 1 year. What is the rate of interest per year, in percent?
  12. 12.Rohan keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  13. 13.₹1000 earns ₹400 simple interest in 5 years. What is the rate of interest per year, in percent?
  14. 14.₹2500 earns ₹500 simple interest at 5% a year. For how many years was it kept?
  15. 15.Sara keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Sara get in 2 years?
  16. 16.₹5000 earns ₹1050 simple interest in 3 years. What is the rate of interest per year, in percent?
  17. 17.₹4000 earns ₹360 simple interest at 3% a year. For how many years was it kept?
  18. 18.Dev keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Dev get in 2 years?
  19. 19.Kabir keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  20. 20.₹3000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  21. 21.Arjun keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  22. 22.Arjun keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  23. 23.₹2000 earns ₹140 simple interest in 1 year. What is the rate of interest per year, in percent?
  24. 24.Aarav keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  25. 25.Riya keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Riya get in 1 year?
  26. 26.Riya keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  27. 27.Anaya keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  28. 28.₹500 earns ₹40 simple interest at 4% a year. For how many years was it kept?
  29. 29.Riya keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  30. 30.Dev keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Dev get in 2 years?
  31. 31.₹2000 earns ₹700 simple interest in 5 years. What is the rate of interest per year, in percent?
  32. 32.Ishaan keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  33. 33.Sara keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Sara get in 5 years?
  34. 34.₹4000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  35. 35.Dev keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 4 years?
  36. 36.Ishaan keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  37. 37.₹5000 earns ₹1500 simple interest at 10% a year. For how many years was it kept?
  38. 38.₹1000 earns ₹100 simple interest in 5 years. What is the rate of interest per year, in percent?
  39. 39.₹5000 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  40. 40.₹2500 earns ₹250 simple interest in 2 years. What is the rate of interest per year, in percent?

Answer key

  1. 55
  2. 4560
  3. 515
  4. 5
  5. 2240
  6. 9
  7. 2
  8. 100
  9. 12
  10. 510
  11. 4
  12. 1200
  13. 8
  14. 4
  15. 700
  16. 7
  17. 3
  18. 200
  19. 600
  20. 4
  21. 2700
  22. 240
  23. 7
  24. 3180
  25. 150
  26. 3100
  27. 535
  28. 2
  29. 1060
  30. 800
  31. 7
  32. 1160
  33. 150
  34. 3
  35. 700
  36. 4720
  37. 3
  38. 2
  39. 3
  40. 5

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