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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 542 · 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.Aarav keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  2. 2.₹2500 earns ₹600 simple interest in 4 years. What is the rate of interest per year, in percent?
  3. 3.₹1000 earns ₹60 simple interest at 3% a year. For how many years was it kept?
  4. 4.Rohan keeps ₹4000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  5. 5.₹1000 earns ₹500 simple interest in 5 years. What is the rate of interest per year, in percent?
  6. 6.Ishaan keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  7. 7.Riya keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Riya get in 4 years?
  8. 8.₹2000 earns ₹600 simple interest in 3 years. What is the rate of interest per year, in percent?
  9. 9.Isha keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Isha get in 2 years?
  10. 10.Kabir keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  11. 11.₹1000 earns ₹110 simple interest in 1 year. What is the rate of interest per year, in percent?
  12. 12.₹3000 earns ₹1350 simple interest at 9% a year. For how many years was it kept?
  13. 13.₹500 earns ₹100 simple interest in 5 years. What is the rate of interest per year, in percent?
  14. 14.₹1000 earns ₹350 simple interest in 5 years. What is the rate of interest per year, in percent?
  15. 15.₹3000 earns ₹960 simple interest in 4 years. What is the rate of interest per year, in percent?
  16. 16.₹2500 earns ₹750 simple interest in 3 years. What is the rate of interest per year, in percent?
  17. 17.₹1000 earns ₹300 simple interest at 6% a year. For how many years was it kept?
  18. 18.Anaya keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  19. 19.₹500 earns ₹200 simple interest in 5 years. What is the rate of interest per year, in percent?
  20. 20.₹2500 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  21. 21.Rohan keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  22. 22.₹5000 earns ₹300 simple interest at 6% a year. For how many years was it kept?
  23. 23.Aarav keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  24. 24.₹1000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  25. 25.Dev keeps ₹5000 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  26. 26.Isha keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  27. 27.Diya keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  28. 28.Riya keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 2 years?
  29. 29.₹5000 earns ₹300 simple interest at 2% a year. For how many years was it kept?
  30. 30.₹3000 earns ₹630 simple interest at 7% a year. For how many years was it kept?
  31. 31.₹1500 earns ₹90 simple interest in 1 year. What is the rate of interest per year, in percent?
  32. 32.Sara keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 4 years?
  33. 33.Sara keeps ₹500 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  34. 34.₹5000 earns ₹1500 simple interest in 3 years. What is the rate of interest per year, in percent?
  35. 35.Rohan keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  36. 36.₹2500 earns ₹525 simple interest at 7% a year. For how many years was it kept?
  37. 37.₹1500 earns ₹60 simple interest at 4% a year. For how many years was it kept?
  38. 38.Aarav keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  39. 39.Anaya keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  40. 40.₹500 earns ₹250 simple interest at 10% a year. For how many years was it kept?

Answer key

  1. 4240
  2. 6
  3. 2
  4. 4640
  5. 10
  6. 3990
  7. 140
  8. 10
  9. 80
  10. 140
  11. 11
  12. 5
  13. 4
  14. 7
  15. 8
  16. 10
  17. 5
  18. 750
  19. 8
  20. 4
  21. 300
  22. 1
  23. 1180
  24. 8
  25. 6000
  26. 3180
  27. 4480
  28. 180
  29. 3
  30. 3
  31. 6
  32. 180
  33. 650
  34. 10
  35. 550
  36. 3
  37. 1
  38. 60
  39. 440
  40. 5

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