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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 505 · 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.Sara keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 2 years?
  2. 2.Anaya keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  3. 3.Anaya keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  4. 4.₹500 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  5. 5.Dev keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  6. 6.Riya keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 3 years?
  7. 7.₹2500 earns ₹625 simple interest in 5 years. What is the rate of interest per year, in percent?
  8. 8.Anaya keeps ₹2000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  9. 9.₹1000 earns ₹50 simple interest at 5% a year. For how many years was it kept?
  10. 10.Diya keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  11. 11.₹2000 earns ₹420 simple interest at 7% a year. For how many years was it kept?
  12. 12.Rohan keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  13. 13.₹1500 earns ₹45 simple interest at 3% a year. For how many years was it kept?
  14. 14.₹1500 earns ₹720 simple interest at 12% a year. For how many years was it kept?
  15. 15.₹1000 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  16. 16.₹5000 earns ₹200 simple interest in 1 year. What is the rate of interest per year, in percent?
  17. 17.₹1500 earns ₹660 simple interest at 11% a year. For how many years was it kept?
  18. 18.Sara keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 1 year?
  19. 19.₹3000 earns ₹270 simple interest at 9% a year. For how many years was it kept?
  20. 20.Riya keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 4 years?
  21. 21.₹1500 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  22. 22.₹2000 earns ₹880 simple interest in 4 years. What is the rate of interest per year, in percent?
  23. 23.₹1500 earns ₹315 simple interest in 3 years. What is the rate of interest per year, in percent?
  24. 24.Kabir keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  25. 25.Diya keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Diya get in 1 year?
  26. 26.Kabir keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  27. 27.₹1000 earns ₹240 simple interest in 3 years. What is the rate of interest per year, in percent?
  28. 28.₹3000 earns ₹210 simple interest in 1 year. What is the rate of interest per year, in percent?
  29. 29.Diya keeps ₹2500 in a bank at 6% simple interest a year. How many rupees of interest does Diya get in 1 year?
  30. 30.₹500 earns ₹125 simple interest in 5 years. What is the rate of interest per year, in percent?
  31. 31.Riya keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  32. 32.Arjun keeps ₹2500 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  33. 33.₹2000 earns ₹400 simple interest at 4% a year. For how many years was it kept?
  34. 34.Riya keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 4 years?
  35. 35.₹500 earns ₹30 simple interest at 6% a year. For how many years was it kept?
  36. 36.₹3000 earns ₹120 simple interest at 4% a year. For how many years was it kept?
  37. 37.₹2500 earns ₹100 simple interest at 2% a year. For how many years was it kept?
  38. 38.₹1500 earns ₹150 simple interest in 2 years. What is the rate of interest per year, in percent?
  39. 39.Meera keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 4 years?
  40. 40.₹5000 earns ₹250 simple interest in 1 year. What is the rate of interest per year, in percent?

Answer key

  1. 120
  2. 560
  3. 250
  4. 10
  5. 3180
  6. 90
  7. 5
  8. 2060
  9. 1
  10. 1860
  11. 3
  12. 450
  13. 1
  14. 4
  15. 2
  16. 4
  17. 4
  18. 80
  19. 1
  20. 160
  21. 8
  22. 11
  23. 7
  24. 360
  25. 200
  26. 4480
  27. 8
  28. 7
  29. 150
  30. 5
  31. 2240
  32. 3400
  33. 5
  34. 400
  35. 1
  36. 1
  37. 2
  38. 5
  39. 80
  40. 5

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