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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 500 · 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 ₹320 simple interest at 4% a year. For how many years was it kept?
  2. 2.₹1000 earns ₹200 simple interest at 5% a year. For how many years was it kept?
  3. 3.Ishaan keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  4. 4.₹4000 earns ₹640 simple interest at 4% a year. For how many years was it kept?
  5. 5.Arjun keeps ₹1500 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  6. 6.₹3000 earns ₹1080 simple interest at 12% a year. For how many years was it kept?
  7. 7.₹1500 earns ₹150 simple interest in 2 years. What is the rate of interest per year, in percent?
  8. 8.₹3000 earns ₹540 simple interest at 6% a year. For how many years was it kept?
  9. 9.₹2500 earns ₹250 simple interest at 2% a year. For how many years was it kept?
  10. 10.Riya keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 3 years?
  11. 11.₹1000 earns ₹150 simple interest in 3 years. What is the rate of interest per year, in percent?
  12. 12.₹1500 earns ₹90 simple interest at 2% a year. For how many years was it kept?
  13. 13.Diya keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 1 year?
  14. 14.Sara keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  15. 15.₹2000 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  16. 16.Meera keeps ₹5000 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 5 years?
  17. 17.₹500 earns ₹80 simple interest at 8% a year. For how many years was it kept?
  18. 18.Diya keeps ₹3000 in a bank at 7% simple interest a year. How many rupees of interest does Diya get in 4 years?
  19. 19.₹4000 earns ₹1600 simple interest in 5 years. What is the rate of interest per year, in percent?
  20. 20.Rohan keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  21. 21.₹2000 earns ₹140 simple interest at 7% a year. For how many years was it kept?
  22. 22.₹1000 earns ₹550 simple interest at 11% a year. For how many years was it kept?
  23. 23.Meera keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Meera get in 2 years?
  24. 24.₹1000 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  25. 25.Anaya keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  26. 26.Kabir keeps ₹1500 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  27. 27.Riya keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Riya get in 5 years?
  28. 28.₹5000 earns ₹1650 simple interest in 3 years. What is the rate of interest per year, in percent?
  29. 29.Sara keeps ₹2000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  30. 30.₹2500 earns ₹1000 simple interest at 10% a year. For how many years was it kept?
  31. 31.Ishaan keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  32. 32.₹500 earns ₹20 simple interest at 4% a year. For how many years was it kept?
  33. 33.Ishaan keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  34. 34.Diya keeps ₹1500 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  35. 35.Dev keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Dev get in 2 years?
  36. 36.₹2000 earns ₹80 simple interest at 2% a year. For how many years was it kept?
  37. 37.₹3000 earns ₹540 simple interest in 3 years. What is the rate of interest per year, in percent?
  38. 38.Dev keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Dev get in 2 years?
  39. 39.₹1500 earns ₹360 simple interest in 2 years. What is the rate of interest per year, in percent?
  40. 40.Kabir keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 4 years?

Answer key

  1. 2
  2. 4
  3. 200
  4. 4
  5. 1590
  6. 3
  7. 5
  8. 3
  9. 5
  10. 1080
  11. 5
  12. 3
  13. 110
  14. 2120
  15. 5
  16. 2000
  17. 2
  18. 840
  19. 8
  20. 4600
  21. 1
  22. 5
  23. 150
  24. 10
  25. 1650
  26. 2325
  27. 2000
  28. 11
  29. 2180
  30. 4
  31. 2650
  32. 1
  33. 1160
  34. 2100
  35. 90
  36. 2
  37. 6
  38. 540
  39. 12
  40. 1800

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