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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 480 · 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.Sara keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  2. 2.₹1000 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  3. 3.₹3000 earns ₹1320 simple interest at 11% a year. For how many years was it kept?
  4. 4.Dev keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Dev get in 3 years?
  5. 5.Isha keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  6. 6.₹4000 earns ₹2200 simple interest at 11% a year. For how many years was it kept?
  7. 7.₹1000 earns ₹20 simple interest at 2% a year. For how many years was it kept?
  8. 8.Riya keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  9. 9.Kabir keeps ₹2000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  10. 10.Aarav keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  11. 11.Meera keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 1 year?
  12. 12.Anaya keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  13. 13.Diya keeps ₹2500 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  14. 14.₹2000 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  15. 15.Sara keeps ₹1500 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  16. 16.₹3000 earns ₹480 simple interest in 2 years. What is the rate of interest per year, in percent?
  17. 17.₹5000 earns ₹1000 simple interest at 10% a year. For how many years was it kept?
  18. 18.₹500 earns ₹125 simple interest at 5% a year. For how many years was it kept?
  19. 19.₹2500 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  20. 20.Riya keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  21. 21.₹2000 earns ₹240 simple interest at 3% a year. For how many years was it kept?
  22. 22.₹2000 earns ₹180 simple interest at 3% a year. For how many years was it kept?
  23. 23.₹4000 earns ₹240 simple interest at 2% a year. For how many years was it kept?
  24. 24.Meera keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 4 years?
  25. 25.Isha keeps ₹4000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  26. 26.₹1000 earns ₹90 simple interest at 9% a year. For how many years was it kept?
  27. 27.₹1000 earns ₹120 simple interest at 3% a year. For how many years was it kept?
  28. 28.Aarav keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  29. 29.₹3000 earns ₹900 simple interest at 10% a year. For how many years was it kept?
  30. 30.₹1000 earns ₹20 simple interest in 1 year. What is the rate of interest per year, in percent?
  31. 31.Kabir keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  32. 32.Diya keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  33. 33.Diya keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 1 year?
  34. 34.₹3000 earns ₹1050 simple interest at 7% a year. For how many years was it kept?
  35. 35.₹2500 earns ₹1250 simple interest at 10% a year. For how many years was it kept?
  36. 36.₹1500 earns ₹225 simple interest at 3% a year. For how many years was it kept?
  37. 37.₹500 earns ₹100 simple interest at 4% a year. For how many years was it kept?
  38. 38.Arjun keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  39. 39.Sara keeps ₹5000 in a bank at 12% simple interest a year. How many rupees of interest does Sara get in 5 years?
  40. 40.₹500 earns ₹10 simple interest at 2% a year. For how many years was it kept?

Answer key

  1. 2725
  2. 4
  3. 4
  4. 450
  5. 4080
  6. 5
  7. 1
  8. 660
  9. 2440
  10. 1160
  11. 60
  12. 550
  13. 3175
  14. 10
  15. 1995
  16. 8
  17. 2
  18. 5
  19. 2
  20. 665
  21. 4
  22. 3
  23. 3
  24. 600
  25. 5920
  26. 1
  27. 4
  28. 1090
  29. 3
  30. 2
  31. 5000
  32. 4800
  33. 440
  34. 5
  35. 5
  36. 5
  37. 5
  38. 40
  39. 3000
  40. 1

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