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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 531 · 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.₹2000 earns ₹720 simple interest at 12% a year. For how many years was it kept?
  2. 2.Aarav keeps ₹2000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  3. 3.₹2500 earns ₹1125 simple interest in 5 years. What is the rate of interest per year, in percent?
  4. 4.₹3000 earns ₹1200 simple interest at 10% a year. For how many years was it kept?
  5. 5.₹2000 earns ₹120 simple interest at 3% a year. For how many years was it kept?
  6. 6.₹4000 earns ₹480 simple interest at 6% a year. For how many years was it kept?
  7. 7.Aarav keeps ₹2500 in a bank at 6% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  8. 8.Meera keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 1 year?
  9. 9.Arjun keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  10. 10.Dev keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  11. 11.Meera keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 1 year?
  12. 12.Kabir keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  13. 13.Aarav keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  14. 14.₹500 earns ₹80 simple interest at 8% a year. For how many years was it kept?
  15. 15.Isha keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  16. 16.₹3000 earns ₹720 simple interest in 3 years. What is the rate of interest per year, in percent?
  17. 17.₹1000 earns ₹280 simple interest in 4 years. What is the rate of interest per year, in percent?
  18. 18.Rohan keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  19. 19.Aarav keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  20. 20.₹2000 earns ₹360 simple interest in 2 years. What is the rate of interest per year, in percent?
  21. 21.Dev keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 1 year?
  22. 22.₹1500 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  23. 23.₹5000 earns ₹2500 simple interest in 5 years. What is the rate of interest per year, in percent?
  24. 24.₹2000 earns ₹80 simple interest at 2% a year. For how many years was it kept?
  25. 25.₹1000 earns ₹120 simple interest at 3% a year. For how many years was it kept?
  26. 26.₹1500 earns ₹420 simple interest at 7% a year. For how many years was it kept?
  27. 27.Sara keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Sara get in 4 years?
  28. 28.Diya keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Diya get in 5 years?
  29. 29.Kabir keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  30. 30.Meera keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  31. 31.Sara keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  32. 32.Aarav keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  33. 33.₹1000 earns ₹160 simple interest in 4 years. What is the rate of interest per year, in percent?
  34. 34.₹1500 earns ₹315 simple interest in 3 years. What is the rate of interest per year, in percent?
  35. 35.₹2500 earns ₹450 simple interest in 3 years. What is the rate of interest per year, in percent?
  36. 36.₹500 earns ₹90 simple interest at 6% a year. For how many years was it kept?
  37. 37.₹5000 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  38. 38.Riya keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 5 years?
  39. 39.₹1000 earns ₹440 simple interest in 4 years. What is the rate of interest per year, in percent?
  40. 40.Ishaan keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Ishaan get in 2 years?

Answer key

  1. 3
  2. 2120
  3. 9
  4. 4
  5. 2
  6. 2
  7. 600
  8. 100
  9. 3630
  10. 1020
  11. 30
  12. 1360
  13. 50
  14. 2
  15. 520
  16. 8
  17. 7
  18. 640
  19. 360
  20. 9
  21. 480
  22. 4
  23. 10
  24. 2
  25. 4
  26. 4
  27. 500
  28. 1800
  29. 400
  30. 6400
  31. 800
  32. 3400
  33. 4
  34. 7
  35. 6
  36. 3
  37. 3
  38. 500
  39. 11
  40. 550

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