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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 521 · 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 ₹2000 in a bank at 11% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  2. 2.₹5000 earns ₹1650 simple interest at 11% a year. For how many years was it kept?
  3. 3.₹3000 earns ₹270 simple interest at 9% a year. For how many years was it kept?
  4. 4.₹500 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  5. 5.Aarav keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  6. 6.₹4000 earns ₹2200 simple interest in 5 years. What is the rate of interest per year, in percent?
  7. 7.₹2000 earns ₹400 simple interest at 4% a year. For how many years was it kept?
  8. 8.Rohan keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  9. 9.Isha keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  10. 10.Meera keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Meera get in 4 years?
  11. 11.₹3000 earns ₹360 simple interest at 4% a year. For how many years was it kept?
  12. 12.Rohan keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  13. 13.Rohan keeps ₹5000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  14. 14.Sara keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Sara get in 2 years?
  15. 15.Arjun keeps ₹5000 in a bank at 8% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  16. 16.₹2000 earns ₹800 simple interest at 8% a year. For how many years was it kept?
  17. 17.₹2000 earns ₹240 simple interest in 4 years. What is the rate of interest per year, in percent?
  18. 18.₹4000 earns ₹960 simple interest in 3 years. What is the rate of interest per year, in percent?
  19. 19.₹2000 earns ₹80 simple interest in 2 years. What is the rate of interest per year, in percent?
  20. 20.₹4000 earns ₹720 simple interest at 9% a year. For how many years was it kept?
  21. 21.₹4000 earns ₹240 simple interest in 1 year. What is the rate of interest per year, in percent?
  22. 22.Dev keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  23. 23.₹500 earns ₹70 simple interest at 7% a year. For how many years was it kept?
  24. 24.₹2000 earns ₹400 simple interest in 4 years. What is the rate of interest per year, in percent?
  25. 25.Sara keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Sara get in 5 years?
  26. 26.Ishaan keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  27. 27.Riya keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 2 years?
  28. 28.Anaya keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  29. 29.Arjun keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  30. 30.₹2000 earns ₹500 simple interest in 5 years. What is the rate of interest per year, in percent?
  31. 31.Dev keeps ₹2500 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  32. 32.Dev keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  33. 33.Ishaan keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  34. 34.₹1000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  35. 35.₹500 earns ₹20 simple interest at 2% a year. For how many years was it kept?
  36. 36.Kabir keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  37. 37.Meera keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 2 years?
  38. 38.₹5000 earns ₹1800 simple interest at 9% a year. For how many years was it kept?
  39. 39.₹2000 earns ₹640 simple interest at 8% a year. For how many years was it kept?
  40. 40.₹1000 earns ₹140 simple interest in 2 years. What is the rate of interest per year, in percent?

Answer key

  1. 880
  2. 3
  3. 1
  4. 10
  5. 4200
  6. 11
  7. 5
  8. 3300
  9. 5350
  10. 300
  11. 3
  12. 400
  13. 7250
  14. 280
  15. 2000
  16. 5
  17. 3
  18. 8
  19. 2
  20. 2
  21. 6
  22. 520
  23. 2
  24. 5
  25. 250
  26. 600
  27. 100
  28. 1140
  29. 180
  30. 5
  31. 3000
  32. 2480
  33. 1080
  34. 6
  35. 2
  36. 2800
  37. 80
  38. 4
  39. 4
  40. 7

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