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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 476 · 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 ₹450 simple interest at 10% a year. For how many years was it kept?
  2. 2.₹5000 earns ₹800 simple interest at 4% a year. For how many years was it kept?
  3. 3.₹5000 earns ₹700 simple interest at 7% a year. For how many years was it kept?
  4. 4.Isha keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Isha get in 4 years?
  5. 5.Riya keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 2 years?
  6. 6.Anaya keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  7. 7.Riya keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 4 years?
  8. 8.₹3000 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  9. 9.Meera keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Meera get in 5 years?
  10. 10.₹3000 earns ₹90 simple interest at 3% a year. For how many years was it kept?
  11. 11.Kabir keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  12. 12.₹1000 earns ₹120 simple interest in 3 years. What is the rate of interest per year, in percent?
  13. 13.Riya keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 3 years?
  14. 14.₹1500 earns ₹105 simple interest at 7% a year. For how many years was it kept?
  15. 15.₹4000 earns ₹400 simple interest in 1 year. What is the rate of interest per year, in percent?
  16. 16.₹3000 earns ₹120 simple interest at 2% a year. For how many years was it kept?
  17. 17.Isha keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Isha get in 5 years?
  18. 18.Diya keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  19. 19.₹3000 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  20. 20.₹3000 earns ₹180 simple interest at 2% a year. For how many years was it kept?
  21. 21.₹1000 earns ₹120 simple interest at 12% a year. For how many years was it kept?
  22. 22.₹3000 earns ₹990 simple interest at 11% a year. For how many years was it kept?
  23. 23.₹4000 earns ₹960 simple interest in 3 years. What is the rate of interest per year, in percent?
  24. 24.₹1000 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  25. 25.Meera keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Meera get in 1 year?
  26. 26.Meera keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  27. 27.Rohan keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  28. 28.Ishaan keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  29. 29.₹4000 earns ₹800 simple interest at 10% a year. For how many years was it kept?
  30. 30.₹1000 earns ₹100 simple interest at 10% a year. For how many years was it kept?
  31. 31.Rohan keeps ₹2500 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  32. 32.₹4000 earns ₹400 simple interest at 2% a year. For how many years was it kept?
  33. 33.Meera keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 3 years?
  34. 34.Anaya keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  35. 35.₹500 earns ₹140 simple interest at 7% a year. For how many years was it kept?
  36. 36.Rohan keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  37. 37.₹3000 earns ₹720 simple interest in 2 years. What is the rate of interest per year, in percent?
  38. 38.Arjun keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  39. 39.Kabir keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  40. 40.₹2500 earns ₹125 simple interest in 1 year. What is the rate of interest per year, in percent?

Answer key

  1. 3
  2. 4
  3. 2
  4. 640
  5. 300
  6. 250
  7. 600
  8. 2
  9. 550
  10. 1
  11. 1350
  12. 4
  13. 450
  14. 1
  15. 10
  16. 2
  17. 2500
  18. 6200
  19. 2
  20. 3
  21. 1
  22. 3
  23. 8
  24. 5
  25. 150
  26. 1180
  27. 3660
  28. 1320
  29. 2
  30. 1
  31. 3175
  32. 5
  33. 240
  34. 300
  35. 4
  36. 1680
  37. 12
  38. 80
  39. 120
  40. 5

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