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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 483 · 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.₹2000 earns ₹500 simple interest at 5% a year. For how many years was it kept?
  2. 2.₹5000 earns ₹1200 simple interest in 2 years. What is the rate of interest per year, in percent?
  3. 3.₹1500 earns ₹330 simple interest at 11% a year. For how many years was it kept?
  4. 4.₹5000 earns ₹2750 simple interest in 5 years. What is the rate of interest per year, in percent?
  5. 5.Dev keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Dev get in 3 years?
  6. 6.₹3000 earns ₹360 simple interest at 12% a year. For how many years was it kept?
  7. 7.Anaya keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  8. 8.Rohan keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  9. 9.Ishaan keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  10. 10.₹1000 earns ₹270 simple interest in 3 years. What is the rate of interest per year, in percent?
  11. 11.Aarav keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  12. 12.Dev keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Dev get in 1 year?
  13. 13.₹4000 earns ₹560 simple interest at 7% a year. For how many years was it kept?
  14. 14.Kabir keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  15. 15.Sara keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Sara get in 3 years?
  16. 16.₹2500 earns ₹900 simple interest at 9% a year. For how many years was it kept?
  17. 17.Dev keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 3 years?
  18. 18.Rohan keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  19. 19.Meera keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  20. 20.Riya keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 1 year?
  21. 21.Aarav keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  22. 22.₹4000 earns ₹1120 simple interest at 7% a year. For how many years was it kept?
  23. 23.₹500 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  24. 24.₹500 earns ₹55 simple interest at 11% a year. For how many years was it kept?
  25. 25.₹2000 earns ₹240 simple interest in 4 years. What is the rate of interest per year, in percent?
  26. 26.Dev keeps ₹2000 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  27. 27.Anaya keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  28. 28.Ishaan keeps ₹4000 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  29. 29.₹2500 earns ₹500 simple interest in 4 years. What is the rate of interest per year, in percent?
  30. 30.Sara keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  31. 31.₹500 earns ₹120 simple interest in 4 years. What is the rate of interest per year, in percent?
  32. 32.₹500 earns ₹60 simple interest at 12% a year. For how many years was it kept?
  33. 33.₹1500 earns ₹750 simple interest in 5 years. What is the rate of interest per year, in percent?
  34. 34.₹2500 earns ₹375 simple interest in 5 years. What is the rate of interest per year, in percent?
  35. 35.Riya keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  36. 36.Dev keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 3 years?
  37. 37.₹500 earns ₹45 simple interest in 3 years. What is the rate of interest per year, in percent?
  38. 38.Sara keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  39. 39.₹2000 earns ₹240 simple interest at 6% a year. For how many years was it kept?
  40. 40.Aarav keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 3 years?

Answer key

  1. 5
  2. 12
  3. 2
  4. 11
  5. 90
  6. 1
  7. 1400
  8. 1120
  9. 1620
  10. 9
  11. 1000
  12. 55
  13. 2
  14. 1650
  15. 900
  16. 4
  17. 600
  18. 220
  19. 2650
  20. 240
  21. 540
  22. 4
  23. 10
  24. 1
  25. 3
  26. 2880
  27. 1860
  28. 4480
  29. 5
  30. 1590
  31. 6
  32. 1
  33. 10
  34. 3
  35. 1350
  36. 540
  37. 3
  38. 600
  39. 2
  40. 300

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