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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 499 · 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.Kabir keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  2. 2.₹1500 earns ₹180 simple interest in 4 years. What is the rate of interest per year, in percent?
  3. 3.₹1000 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  4. 4.Aarav keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  5. 5.Diya keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Diya get in 4 years?
  6. 6.₹3000 earns ₹1500 simple interest at 10% a year. For how many years was it kept?
  7. 7.₹1000 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  8. 8.₹2000 earns ₹320 simple interest at 4% a year. For how many years was it kept?
  9. 9.₹3000 earns ₹240 simple interest at 2% a year. For how many years was it kept?
  10. 10.₹1000 earns ₹450 simple interest in 5 years. What is the rate of interest per year, in percent?
  11. 11.₹3000 earns ₹360 simple interest at 4% a year. For how many years was it kept?
  12. 12.₹2000 earns ₹700 simple interest in 5 years. What is the rate of interest per year, in percent?
  13. 13.₹2000 earns ₹600 simple interest at 6% a year. For how many years was it kept?
  14. 14.₹2000 earns ₹1200 simple interest at 12% a year. For how many years was it kept?
  15. 15.Ishaan keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  16. 16.₹2500 earns ₹225 simple interest in 3 years. What is the rate of interest per year, in percent?
  17. 17.Kabir keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  18. 18.₹2500 earns ₹75 simple interest at 3% a year. For how many years was it kept?
  19. 19.Aarav keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  20. 20.Arjun keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  21. 21.Isha keeps ₹1500 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  22. 22.Rohan keeps ₹5000 in a bank at 12% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  23. 23.Kabir keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  24. 24.Kabir keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  25. 25.₹2000 earns ₹200 simple interest at 2% a year. For how many years was it kept?
  26. 26.₹500 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
  27. 27.Kabir keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  28. 28.₹2500 earns ₹1000 simple interest at 10% a year. For how many years was it kept?
  29. 29.Diya keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 4 years?
  30. 30.Aarav keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  31. 31.₹1000 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  32. 32.₹5000 earns ₹600 simple interest at 3% a year. For how many years was it kept?
  33. 33.Aarav keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  34. 34.₹5000 earns ₹600 simple interest in 1 year. What is the rate of interest per year, in percent?
  35. 35.Meera keeps ₹1500 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  36. 36.Kabir keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  37. 37.₹4000 earns ₹1200 simple interest in 3 years. What is the rate of interest per year, in percent?
  38. 38.Riya keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 3 years?
  39. 39.₹1500 earns ₹135 simple interest in 3 years. What is the rate of interest per year, in percent?
  40. 40.Aarav keeps ₹2500 in a bank at 6% simple interest a year. How many rupees of interest does Aarav get in 2 years?

Answer key

  1. 240
  2. 3
  3. 2
  4. 300
  5. 420
  6. 5
  7. 10
  8. 4
  9. 4
  10. 9
  11. 3
  12. 7
  13. 5
  14. 5
  15. 360
  16. 3
  17. 1920
  18. 1
  19. 1080
  20. 1200
  21. 1920
  22. 2400
  23. 2000
  24. 2700
  25. 5
  26. 6
  27. 300
  28. 4
  29. 80
  30. 150
  31. 6
  32. 4
  33. 675
  34. 12
  35. 1680
  36. 320
  37. 10
  38. 180
  39. 3
  40. 300

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