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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 511 · 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.Arjun keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  2. 2.Anaya keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  3. 3.Riya keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 3 years?
  4. 4.₹4000 earns ₹2000 simple interest in 5 years. What is the rate of interest per year, in percent?
  5. 5.Riya keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 4 years?
  6. 6.₹500 earns ₹180 simple interest at 12% a year. For how many years was it kept?
  7. 7.₹1500 earns ₹540 simple interest at 9% a year. For how many years was it kept?
  8. 8.₹5000 earns ₹1000 simple interest at 10% a year. For how many years was it kept?
  9. 9.Diya keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 4 years?
  10. 10.₹3000 earns ₹1080 simple interest in 4 years. What is the rate of interest per year, in percent?
  11. 11.₹3000 earns ₹1200 simple interest in 4 years. What is the rate of interest per year, in percent?
  12. 12.Kabir keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  13. 13.₹2500 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  14. 14.₹1500 earns ₹675 simple interest at 9% a year. For how many years was it kept?
  15. 15.₹1500 earns ₹900 simple interest at 12% a year. For how many years was it kept?
  16. 16.₹4000 earns ₹640 simple interest at 8% a year. For how many years was it kept?
  17. 17.₹4000 earns ₹1400 simple interest at 7% a year. For how many years was it kept?
  18. 18.Anaya keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  19. 19.Aarav keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  20. 20.₹3000 earns ₹180 simple interest at 3% a year. For how many years was it kept?
  21. 21.Meera keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 3 years?
  22. 22.₹5000 earns ₹2500 simple interest in 5 years. What is the rate of interest per year, in percent?
  23. 23.Rohan keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  24. 24.Isha keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  25. 25.Meera keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 3 years?
  26. 26.₹2000 earns ₹480 simple interest at 6% a year. For how many years was it kept?
  27. 27.₹3000 earns ₹840 simple interest at 7% a year. For how many years was it kept?
  28. 28.Kabir keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  29. 29.Aarav keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  30. 30.₹3000 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  31. 31.₹500 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  32. 32.₹500 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  33. 33.₹500 earns ₹60 simple interest in 3 years. What is the rate of interest per year, in percent?
  34. 34.Diya keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Diya get in 5 years?
  35. 35.₹1000 earns ₹60 simple interest at 6% a year. For how many years was it kept?
  36. 36.₹5000 earns ₹1400 simple interest in 4 years. What is the rate of interest per year, in percent?
  37. 37.Dev keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 5 years?
  38. 38.₹3000 earns ₹180 simple interest in 2 years. What is the rate of interest per year, in percent?
  39. 39.Ishaan keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  40. 40.Dev keeps ₹2000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?

Answer key

  1. 1250
  2. 40
  3. 75
  4. 10
  5. 480
  6. 3
  7. 4
  8. 2
  9. 640
  10. 9
  11. 10
  12. 535
  13. 4
  14. 5
  15. 5
  16. 2
  17. 5
  18. 250
  19. 80
  20. 2
  21. 900
  22. 10
  23. 150
  24. 4650
  25. 30
  26. 4
  27. 4
  28. 600
  29. 120
  30. 5
  31. 10
  32. 4
  33. 4
  34. 125
  35. 1
  36. 7
  37. 150
  38. 3
  39. 25
  40. 2300

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