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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 51 · 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.₹500 earns ₹60 simple interest in 2 years. What is the rate of interest per year, in percent?
  2. 2.₹2000 earns ₹1200 simple interest at 12% a year. For how many years was it kept?
  3. 3.Sara keeps ₹2000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  4. 4.₹1000 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  5. 5.Aarav keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  6. 6.Rohan keeps ₹5000 in a bank at 12% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  7. 7.₹1500 earns ₹180 simple interest at 6% a year. For how many years was it kept?
  8. 8.₹5000 earns ₹1500 simple interest in 3 years. What is the rate of interest per year, in percent?
  9. 9.Isha keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Isha get in 4 years?
  10. 10.₹5000 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  11. 11.Dev keeps ₹1500 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  12. 12.₹2500 earns ₹750 simple interest in 3 years. What is the rate of interest per year, in percent?
  13. 13.₹500 earns ₹25 simple interest in 1 year. What is the rate of interest per year, in percent?
  14. 14.Riya keeps ₹2000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  15. 15.₹3000 earns ₹600 simple interest at 4% a year. For how many years was it kept?
  16. 16.Anaya keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  17. 17.Aarav keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  18. 18.₹500 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  19. 19.Isha keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Isha get in 5 years?
  20. 20.Dev keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  21. 21.₹1000 earns ₹360 simple interest in 4 years. What is the rate of interest per year, in percent?
  22. 22.Isha keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  23. 23.₹2000 earns ₹280 simple interest at 7% a year. For how many years was it kept?
  24. 24.₹2000 earns ₹200 simple interest at 2% a year. For how many years was it kept?
  25. 25.Isha keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Isha get in 4 years?
  26. 26.₹2500 earns ₹225 simple interest in 1 year. What is the rate of interest per year, in percent?
  27. 27.₹3000 earns ₹300 simple interest in 2 years. What is the rate of interest per year, in percent?
  28. 28.Ishaan keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  29. 29.₹1000 earns ₹330 simple interest in 3 years. What is the rate of interest per year, in percent?
  30. 30.Riya keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  31. 31.Kabir keeps ₹1000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  32. 32.Meera keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 1 year?
  33. 33.₹1500 earns ₹240 simple interest at 4% a year. For how many years was it kept?
  34. 34.₹500 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  35. 35.Riya keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 1 year?
  36. 36.₹500 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  37. 37.Sara keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  38. 38.Aarav keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  39. 39.Aarav keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  40. 40.₹2500 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?

Answer key

  1. 6
  2. 5
  3. 2300
  4. 2
  5. 1090
  6. 600
  7. 2
  8. 10
  9. 2000
  10. 2
  11. 1710
  12. 10
  13. 5
  14. 2060
  15. 5
  16. 5400
  17. 700
  18. 4
  19. 2200
  20. 3180
  21. 9
  22. 5750
  23. 2
  24. 5
  25. 1200
  26. 9
  27. 5
  28. 2725
  29. 11
  30. 1070
  31. 1220
  32. 50
  33. 4
  34. 4
  35. 360
  36. 4
  37. 5400
  38. 4840
  39. 2480
  40. 2

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