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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 523 · 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.₹5000 earns ₹1500 simple interest at 10% a year. For how many years was it kept?
  2. 2.₹5000 earns ₹1200 simple interest at 6% a year. For how many years was it kept?
  3. 3.Dev keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  4. 4.₹4000 earns ₹720 simple interest in 3 years. What is the rate of interest per year, in percent?
  5. 5.₹2000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  6. 6.₹3000 earns ₹900 simple interest in 5 years. What is the rate of interest per year, in percent?
  7. 7.₹500 earns ₹220 simple interest in 4 years. What is the rate of interest per year, in percent?
  8. 8.₹4000 earns ₹720 simple interest at 6% a year. For how many years was it kept?
  9. 9.Kabir keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  10. 10.₹2000 earns ₹1200 simple interest in 5 years. What is the rate of interest per year, in percent?
  11. 11.₹1500 earns ₹270 simple interest at 6% a year. For how many years was it kept?
  12. 12.₹4000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  13. 13.Anaya keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  14. 14.Kabir keeps ₹5000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  15. 15.Meera keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  16. 16.Dev keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Dev get in 5 years?
  17. 17.₹3000 earns ₹300 simple interest at 5% a year. For how many years was it kept?
  18. 18.Arjun keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  19. 19.₹500 earns ₹30 simple interest in 3 years. What is the rate of interest per year, in percent?
  20. 20.₹1000 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
  21. 21.Rohan keeps ₹4000 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  22. 22.Isha keeps ₹2000 in a bank at 11% simple interest a year. How many rupees of interest does Isha get in 1 year?
  23. 23.Riya keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  24. 24.₹2500 earns ₹750 simple interest at 10% a year. For how many years was it kept?
  25. 25.Sara keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Sara get in 3 years?
  26. 26.Diya keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 2 years?
  27. 27.Aarav keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  28. 28.Riya keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 2 years?
  29. 29.Arjun keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  30. 30.₹1500 earns ₹30 simple interest at 2% a year. For how many years was it kept?
  31. 31.₹5000 earns ₹900 simple interest at 9% a year. For how many years was it kept?
  32. 32.Ishaan keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  33. 33.₹2500 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  34. 34.₹4000 earns ₹1440 simple interest in 3 years. What is the rate of interest per year, in percent?
  35. 35.Kabir keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  36. 36.₹2000 earns ₹220 simple interest in 1 year. What is the rate of interest per year, in percent?
  37. 37.₹4000 earns ₹320 simple interest in 1 year. What is the rate of interest per year, in percent?
  38. 38.Diya keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  39. 39.Riya keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  40. 40.Ishaan keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Ishaan get in 1 year?

Answer key

  1. 3
  2. 4
  3. 3270
  4. 6
  5. 6
  6. 6
  7. 11
  8. 3
  9. 1000
  10. 12
  11. 3
  12. 1
  13. 225
  14. 5800
  15. 2700
  16. 300
  17. 2
  18. 150
  19. 2
  20. 3
  21. 5440
  22. 220
  23. 525
  24. 3
  25. 990
  26. 550
  27. 5150
  28. 100
  29. 100
  30. 1
  31. 2
  32. 240
  33. 4
  34. 12
  35. 100
  36. 11
  37. 8
  38. 6050
  39. 4200
  40. 60

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