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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 515 · 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 10% simple interest a year. How many rupees of interest does Sara get in 4 years?
  2. 2.₹1500 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  3. 3.₹5000 earns ₹1200 simple interest at 6% a year. For how many years was it kept?
  4. 4.₹2000 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  5. 5.Dev keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 1 year?
  6. 6.₹3000 earns ₹810 simple interest in 3 years. What is the rate of interest per year, in percent?
  7. 7.₹1500 earns ₹150 simple interest at 5% a year. For how many years was it kept?
  8. 8.Riya keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  9. 9.₹1500 earns ₹150 simple interest at 2% a year. For how many years was it kept?
  10. 10.₹1500 earns ₹315 simple interest at 7% a year. For how many years was it kept?
  11. 11.₹3000 earns ₹1320 simple interest in 4 years. What is the rate of interest per year, in percent?
  12. 12.Rohan keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  13. 13.Rohan keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  14. 14.Ishaan keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  15. 15.₹2000 earns ₹660 simple interest at 11% a year. For how many years was it kept?
  16. 16.Ishaan keeps ₹5000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  17. 17.Isha keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Isha get in 5 years?
  18. 18.₹2500 earns ₹300 simple interest in 1 year. What is the rate of interest per year, in percent?
  19. 19.₹5000 earns ₹2250 simple interest at 9% a year. For how many years was it kept?
  20. 20.₹4000 earns ₹600 simple interest at 5% a year. For how many years was it kept?
  21. 21.Aarav keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  22. 22.₹5000 earns ₹750 simple interest in 5 years. What is the rate of interest per year, in percent?
  23. 23.Riya keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 1 year?
  24. 24.Kabir keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  25. 25.Riya keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Riya get in 1 year?
  26. 26.Diya keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 3 years?
  27. 27.Arjun keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  28. 28.Isha keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  29. 29.₹500 earns ₹40 simple interest at 4% a year. For how many years was it kept?
  30. 30.₹2500 earns ₹900 simple interest in 3 years. What is the rate of interest per year, in percent?
  31. 31.Aarav keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  32. 32.₹3000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  33. 33.Rohan keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  34. 34.₹4000 earns ₹640 simple interest in 4 years. What is the rate of interest per year, in percent?
  35. 35.Meera keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  36. 36.₹5000 earns ₹400 simple interest at 4% a year. For how many years was it kept?
  37. 37.₹1000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  38. 38.₹500 earns ₹50 simple interest at 5% a year. For how many years was it kept?
  39. 39.Aarav keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  40. 40.Arjun keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Arjun get in 1 year?

Answer key

  1. 1200
  2. 4
  3. 4
  4. 3
  5. 40
  6. 9
  7. 2
  8. 600
  9. 5
  10. 3
  11. 11
  12. 500
  13. 120
  14. 60
  15. 3
  16. 7250
  17. 175
  18. 12
  19. 5
  20. 3
  21. 45
  22. 3
  23. 480
  24. 480
  25. 300
  26. 495
  27. 1080
  28. 2500
  29. 2
  30. 12
  31. 45
  32. 2
  33. 180
  34. 4
  35. 3210
  36. 2
  37. 8
  38. 2
  39. 4120
  40. 300

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