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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 538 · 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.₹3000 earns ₹1800 simple interest at 12% a year. For how many years was it kept?
  2. 2.Diya keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  3. 3.Rohan keeps ₹2000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  4. 4.₹500 earns ₹30 simple interest in 2 years. What is the rate of interest per year, in percent?
  5. 5.Riya keeps ₹5000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  6. 6.Isha keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  7. 7.₹3000 earns ₹900 simple interest at 6% a year. For how many years was it kept?
  8. 8.Kabir keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  9. 9.Meera keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 2 years?
  10. 10.₹1500 earns ₹180 simple interest in 1 year. What is the rate of interest per year, in percent?
  11. 11.₹5000 earns ₹1200 simple interest in 2 years. What is the rate of interest per year, in percent?
  12. 12.₹1000 earns ₹40 simple interest at 4% a year. For how many years was it kept?
  13. 13.₹1000 earns ₹90 simple interest at 3% a year. For how many years was it kept?
  14. 14.₹3000 earns ₹840 simple interest at 7% a year. For how many years was it kept?
  15. 15.Aarav keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  16. 16.₹3000 earns ₹60 simple interest at 2% a year. For how many years was it kept?
  17. 17.Aarav keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  18. 18.₹3000 earns ₹180 simple interest in 2 years. What is the rate of interest per year, in percent?
  19. 19.₹2000 earns ₹300 simple interest at 3% a year. For how many years was it kept?
  20. 20.₹2000 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  21. 21.₹2500 earns ₹1125 simple interest in 5 years. What is the rate of interest per year, in percent?
  22. 22.Meera keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 4 years?
  23. 23.₹1500 earns ₹540 simple interest at 9% a year. For how many years was it kept?
  24. 24.₹1000 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  25. 25.Ishaan keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  26. 26.₹1500 earns ₹135 simple interest at 9% a year. For how many years was it kept?
  27. 27.₹1500 earns ₹90 simple interest at 3% a year. For how many years was it kept?
  28. 28.Rohan keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  29. 29.Sara keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  30. 30.Meera keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 2 years?
  31. 31.₹1500 earns ₹45 simple interest at 3% a year. For how many years was it kept?
  32. 32.Kabir keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  33. 33.Sara keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 4 years?
  34. 34.₹2000 earns ₹160 simple interest at 2% a year. For how many years was it kept?
  35. 35.₹1000 earns ₹180 simple interest in 2 years. What is the rate of interest per year, in percent?
  36. 36.₹3000 earns ₹480 simple interest in 4 years. What is the rate of interest per year, in percent?
  37. 37.₹4000 earns ₹200 simple interest in 1 year. What is the rate of interest per year, in percent?
  38. 38.₹4000 earns ₹200 simple interest at 5% a year. For how many years was it kept?
  39. 39.₹2500 earns ₹400 simple interest in 4 years. What is the rate of interest per year, in percent?
  40. 40.₹2500 earns ₹450 simple interest at 9% a year. For how many years was it kept?

Answer key

  1. 5
  2. 1080
  3. 2360
  4. 3
  5. 5500
  6. 5150
  7. 5
  8. 1080
  9. 20
  10. 12
  11. 12
  12. 1
  13. 3
  14. 4
  15. 2200
  16. 1
  17. 530
  18. 3
  19. 5
  20. 1
  21. 9
  22. 1080
  23. 4
  24. 5
  25. 30
  26. 1
  27. 2
  28. 5200
  29. 3840
  30. 160
  31. 1
  32. 300
  33. 240
  34. 4
  35. 9
  36. 4
  37. 5
  38. 1
  39. 4
  40. 2

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