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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 517 · 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.₹1000 earns ₹300 simple interest at 10% a year. For how many years was it kept?
  2. 2.Aarav keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  3. 3.₹500 earns ₹10 simple interest at 2% a year. For how many years was it kept?
  4. 4.Meera keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  5. 5.Sara keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  6. 6.Diya keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Diya get in 1 year?
  7. 7.₹1000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  8. 8.Ishaan keeps ₹5000 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  9. 9.Kabir keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  10. 10.₹1000 earns ₹500 simple interest at 10% a year. For how many years was it kept?
  11. 11.Arjun keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  12. 12.₹2000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  13. 13.Meera keeps ₹1500 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  14. 14.₹500 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  15. 15.Ishaan keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  16. 16.₹500 earns ₹30 simple interest at 6% a year. For how many years was it kept?
  17. 17.Kabir keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  18. 18.₹1000 earns ₹160 simple interest at 4% a year. For how many years was it kept?
  19. 19.₹1000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  20. 20.₹4000 earns ₹360 simple interest at 9% a year. For how many years was it kept?
  21. 21.Aarav keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  22. 22.Kabir keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  23. 23.Kabir keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  24. 24.₹5000 earns ₹1500 simple interest at 6% a year. For how many years was it kept?
  25. 25.Kabir keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  26. 26.₹1000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  27. 27.Aarav keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  28. 28.₹2000 earns ₹240 simple interest in 3 years. What is the rate of interest per year, in percent?
  29. 29.Kabir keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  30. 30.Rohan keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  31. 31.Rohan keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  32. 32.Diya keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Diya get in 1 year?
  33. 33.Sara keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Sara get in 1 year?
  34. 34.₹5000 earns ₹600 simple interest in 2 years. What is the rate of interest per year, in percent?
  35. 35.Meera keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 3 years?
  36. 36.Meera keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  37. 37.Isha keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Isha get in 4 years?
  38. 38.₹500 earns ₹150 simple interest in 5 years. What is the rate of interest per year, in percent?
  39. 39.Anaya keeps ₹2000 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  40. 40.₹2000 earns ₹1000 simple interest in 5 years. What is the rate of interest per year, in percent?

Answer key

  1. 3
  2. 480
  3. 1
  4. 600
  5. 2900
  6. 500
  7. 4
  8. 7000
  9. 40
  10. 5
  11. 125
  12. 6
  13. 1860
  14. 4
  15. 4800
  16. 1
  17. 1200
  18. 4
  19. 12
  20. 1
  21. 90
  22. 900
  23. 2500
  24. 5
  25. 2700
  26. 8
  27. 25
  28. 4
  29. 125
  30. 240
  31. 1635
  32. 400
  33. 360
  34. 6
  35. 180
  36. 1725
  37. 280
  38. 6
  39. 3000
  40. 10

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