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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 548 · 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 ₹90 simple interest at 3% a year. For how many years was it kept?
  2. 2.₹1500 earns ₹45 simple interest in 1 year. What is the rate of interest per year, in percent?
  3. 3.Kabir keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  4. 4.Anaya keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  5. 5.₹1500 earns ₹405 simple interest in 3 years. What is the rate of interest per year, in percent?
  6. 6.₹5000 earns ₹450 simple interest in 3 years. What is the rate of interest per year, in percent?
  7. 7.₹500 earns ₹25 simple interest in 1 year. What is the rate of interest per year, in percent?
  8. 8.Kabir keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  9. 9.₹1000 earns ₹20 simple interest at 2% a year. For how many years was it kept?
  10. 10.₹2500 earns ₹550 simple interest at 11% a year. For how many years was it kept?
  11. 11.Ishaan keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  12. 12.₹3000 earns ₹1200 simple interest in 5 years. What is the rate of interest per year, in percent?
  13. 13.Aarav keeps ₹4000 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  14. 14.₹2500 earns ₹125 simple interest in 1 year. What is the rate of interest per year, in percent?
  15. 15.₹4000 earns ₹1120 simple interest in 4 years. What is the rate of interest per year, in percent?
  16. 16.₹1000 earns ₹100 simple interest at 5% a year. For how many years was it kept?
  17. 17.Riya keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 4 years?
  18. 18.Dev keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 4 years?
  19. 19.₹1500 earns ₹900 simple interest at 12% a year. For how many years was it kept?
  20. 20.₹1500 earns ₹45 simple interest at 3% a year. For how many years was it kept?
  21. 21.Dev keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Dev get in 3 years?
  22. 22.Aarav keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  23. 23.Kabir keeps ₹1500 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  24. 24.Isha keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Isha get in 1 year?
  25. 25.Meera keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  26. 26.₹2500 earns ₹600 simple interest at 12% a year. For how many years was it kept?
  27. 27.Kabir keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  28. 28.₹2500 earns ₹225 simple interest in 3 years. What is the rate of interest per year, in percent?
  29. 29.₹5000 earns ₹2200 simple interest at 11% a year. For how many years was it kept?
  30. 30.Rohan keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  31. 31.Sara keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  32. 32.₹2500 earns ₹100 simple interest at 4% a year. For how many years was it kept?
  33. 33.₹1000 earns ₹400 simple interest at 10% a year. For how many years was it kept?
  34. 34.Sara keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Sara get in 3 years?
  35. 35.Isha keeps ₹2500 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  36. 36.₹1500 earns ₹675 simple interest in 5 years. What is the rate of interest per year, in percent?
  37. 37.Aarav keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  38. 38.₹1500 earns ₹480 simple interest in 4 years. What is the rate of interest per year, in percent?
  39. 39.Dev keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 3 years?
  40. 40.₹1000 earns ₹240 simple interest at 12% a year. For how many years was it kept?

Answer key

  1. 1
  2. 3
  3. 500
  4. 150
  5. 9
  6. 3
  7. 5
  8. 100
  9. 1
  10. 2
  11. 360
  12. 8
  13. 6200
  14. 5
  15. 7
  16. 2
  17. 300
  18. 160
  19. 5
  20. 1
  21. 720
  22. 80
  23. 1605
  24. 80
  25. 1590
  26. 2
  27. 80
  28. 3
  29. 4
  30. 400
  31. 3120
  32. 1
  33. 4
  34. 450
  35. 3175
  36. 9
  37. 360
  38. 8
  39. 45
  40. 2

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