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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 5 · 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.₹4000 earns ₹1200 simple interest at 6% a year. For how many years was it kept?
  2. 2.Sara keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 3 years?
  3. 3.Riya keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  4. 4.₹1500 earns ₹750 simple interest at 10% a year. For how many years was it kept?
  5. 5.₹500 earns ₹40 simple interest in 4 years. What is the rate of interest per year, in percent?
  6. 6.Arjun keeps ₹5000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  7. 7.₹1500 earns ₹180 simple interest at 12% a year. For how many years was it kept?
  8. 8.Diya keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  9. 9.Rohan keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  10. 10.Ishaan keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  11. 11.₹1000 earns ₹110 simple interest in 1 year. What is the rate of interest per year, in percent?
  12. 12.Aarav keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  13. 13.₹2000 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  14. 14.Sara keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 4 years?
  15. 15.₹3000 earns ₹300 simple interest in 2 years. What is the rate of interest per year, in percent?
  16. 16.Kabir keeps ₹2000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  17. 17.Anaya keeps ₹2000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  18. 18.₹500 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  19. 19.₹3000 earns ₹720 simple interest at 12% a year. For how many years was it kept?
  20. 20.Rohan keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  21. 21.₹1000 earns ₹210 simple interest in 3 years. What is the rate of interest per year, in percent?
  22. 22.₹3000 earns ₹300 simple interest at 2% a year. For how many years was it kept?
  23. 23.₹500 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
  24. 24.₹1000 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  25. 25.₹5000 earns ₹450 simple interest at 3% a year. For how many years was it kept?
  26. 26.Kabir keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  27. 27.₹1500 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  28. 28.₹2500 earns ₹550 simple interest in 2 years. What is the rate of interest per year, in percent?
  29. 29.₹2000 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  30. 30.Dev keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Dev get in 4 years?
  31. 31.₹1000 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  32. 32.₹4000 earns ₹480 simple interest in 4 years. What is the rate of interest per year, in percent?
  33. 33.Riya keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Riya get in 1 year?
  34. 34.Isha keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Isha get in 5 years?
  35. 35.₹3000 earns ₹1320 simple interest in 4 years. What is the rate of interest per year, in percent?
  36. 36.Meera keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 4 years?
  37. 37.Kabir keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  38. 38.Riya keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Riya get in 4 years?
  39. 39.₹4000 earns ₹480 simple interest in 2 years. What is the rate of interest per year, in percent?
  40. 40.₹500 earns ₹150 simple interest in 5 years. What is the rate of interest per year, in percent?

Answer key

  1. 5
  2. 480
  3. 3300
  4. 5
  5. 2
  6. 7250
  7. 1
  8. 1905
  9. 620
  10. 240
  11. 11
  12. 1090
  13. 1
  14. 240
  15. 5
  16. 2180
  17. 2900
  18. 4
  19. 2
  20. 2120
  21. 7
  22. 5
  23. 6
  24. 6
  25. 3
  26. 40
  27. 4
  28. 11
  29. 1
  30. 320
  31. 4
  32. 3
  33. 35
  34. 1000
  35. 11
  36. 160
  37. 1860
  38. 800
  39. 6
  40. 6

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