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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 518 · 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 ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Sara get in 4 years?
  2. 2.₹2000 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  3. 3.₹5000 earns ₹550 simple interest in 1 year. What is the rate of interest per year, in percent?
  4. 4.₹2000 earns ₹480 simple interest at 12% a year. For how many years was it kept?
  5. 5.₹2500 earns ₹300 simple interest at 3% a year. For how many years was it kept?
  6. 6.₹4000 earns ₹2400 simple interest in 5 years. What is the rate of interest per year, in percent?
  7. 7.₹5000 earns ₹900 simple interest at 6% a year. For how many years was it kept?
  8. 8.₹4000 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  9. 9.₹2000 earns ₹480 simple interest in 3 years. What is the rate of interest per year, in percent?
  10. 10.Arjun keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  11. 11.Riya keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  12. 12.Aarav keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  13. 13.Riya keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 3 years?
  14. 14.₹5000 earns ₹100 simple interest at 2% a year. For how many years was it kept?
  15. 15.Aarav keeps ₹1000 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  16. 16.₹500 earns ₹140 simple interest in 4 years. What is the rate of interest per year, in percent?
  17. 17.Diya keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Diya get in 5 years?
  18. 18.₹1000 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  19. 19.₹2000 earns ₹880 simple interest at 11% a year. For how many years was it kept?
  20. 20.₹1000 earns ₹70 simple interest in 1 year. What is the rate of interest per year, in percent?
  21. 21.Rohan keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  22. 22.Riya keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 1 year?
  23. 23.Ishaan keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  24. 24.Diya keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  25. 25.Kabir keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  26. 26.₹3000 earns ₹720 simple interest in 2 years. What is the rate of interest per year, in percent?
  27. 27.₹2000 earns ₹480 simple interest in 2 years. What is the rate of interest per year, in percent?
  28. 28.Aarav keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  29. 29.Sara keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 5 years?
  30. 30.Sara keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 1 year?
  31. 31.₹2500 earns ₹450 simple interest at 9% a year. For how many years was it kept?
  32. 32.Aarav keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  33. 33.₹4000 earns ₹400 simple interest in 5 years. What is the rate of interest per year, in percent?
  34. 34.Aarav keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  35. 35.₹2500 earns ₹50 simple interest at 2% a year. For how many years was it kept?
  36. 36.₹5000 earns ₹1200 simple interest at 12% a year. For how many years was it kept?
  37. 37.Aarav keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  38. 38.Diya keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  39. 39.₹1000 earns ₹80 simple interest in 2 years. What is the rate of interest per year, in percent?
  40. 40.₹2000 earns ₹800 simple interest in 5 years. What is the rate of interest per year, in percent?

Answer key

  1. 600
  2. 2
  3. 11
  4. 2
  5. 4
  6. 12
  7. 3
  8. 5
  9. 8
  10. 1500
  11. 4800
  12. 40
  13. 240
  14. 1
  15. 1550
  16. 7
  17. 2400
  18. 4
  19. 4
  20. 7
  21. 250
  22. 10
  23. 75
  24. 1090
  25. 1120
  26. 12
  27. 12
  28. 200
  29. 300
  30. 120
  31. 2
  32. 5600
  33. 2
  34. 160
  35. 1
  36. 2
  37. 180
  38. 5400
  39. 4
  40. 8

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