← Simple interest and the rate lesson New set →

Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 493 · 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.Riya keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 4 years?
  2. 2.Sara keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  3. 3.₹1500 earns ₹150 simple interest at 5% a year. For how many years was it kept?
  4. 4.₹4000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  5. 5.₹1000 earns ₹60 simple interest at 3% a year. For how many years was it kept?
  6. 6.₹4000 earns ₹1280 simple interest at 8% a year. For how many years was it kept?
  7. 7.Kabir keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  8. 8.Isha keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Isha get in 1 year?
  9. 9.₹5000 earns ₹900 simple interest at 9% a year. For how many years was it kept?
  10. 10.Aarav keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  11. 11.Aarav keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  12. 12.₹500 earns ₹100 simple interest at 10% a year. For how many years was it kept?
  13. 13.₹1000 earns ₹320 simple interest in 4 years. What is the rate of interest per year, in percent?
  14. 14.Ishaan keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  15. 15.Arjun keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  16. 16.Diya keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 5 years?
  17. 17.₹4000 earns ₹720 simple interest in 2 years. What is the rate of interest per year, in percent?
  18. 18.₹4000 earns ₹1200 simple interest in 5 years. What is the rate of interest per year, in percent?
  19. 19.Ishaan keeps ₹1000 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  20. 20.₹1000 earns ₹220 simple interest in 2 years. What is the rate of interest per year, in percent?
  21. 21.₹2000 earns ₹160 simple interest at 4% a year. For how many years was it kept?
  22. 22.Isha keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  23. 23.₹1000 earns ₹150 simple interest in 3 years. What is the rate of interest per year, in percent?
  24. 24.Sara keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  25. 25.₹3000 earns ₹90 simple interest in 1 year. What is the rate of interest per year, in percent?
  26. 26.₹3000 earns ₹180 simple interest at 6% a year. For how many years was it kept?
  27. 27.₹3000 earns ₹540 simple interest in 3 years. What is the rate of interest per year, in percent?
  28. 28.₹500 earns ₹55 simple interest in 1 year. What is the rate of interest per year, in percent?
  29. 29.Kabir keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  30. 30.₹2000 earns ₹1000 simple interest at 10% a year. For how many years was it kept?
  31. 31.Meera keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 2 years?
  32. 32.Dev keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  33. 33.Dev keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 2 years?
  34. 34.₹1000 earns ₹140 simple interest at 7% a year. For how many years was it kept?
  35. 35.Riya keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  36. 36.₹1500 earns ₹90 simple interest in 1 year. What is the rate of interest per year, in percent?
  37. 37.₹1500 earns ₹60 simple interest at 4% a year. For how many years was it kept?
  38. 38.Arjun keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  39. 39.Sara keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  40. 40.₹1000 earns ₹60 simple interest at 6% a year. For how many years was it kept?

Answer key

  1. 800
  2. 1680
  3. 2
  4. 3
  5. 2
  6. 4
  7. 480
  8. 440
  9. 2
  10. 90
  11. 720
  12. 2
  13. 8
  14. 1800
  15. 4840
  16. 100
  17. 9
  18. 6
  19. 1550
  20. 11
  21. 2
  22. 3200
  23. 5
  24. 1080
  25. 3
  26. 1
  27. 6
  28. 11
  29. 280
  30. 5
  31. 320
  32. 3540
  33. 210
  34. 2
  35. 1560
  36. 6
  37. 1
  38. 1320
  39. 4800
  40. 1

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