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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 549 · 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 ₹720 simple interest in 3 years. What is the rate of interest per year, in percent?
  2. 2.Riya keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 1 year?
  3. 3.₹4000 earns ₹120 simple interest at 3% a year. For how many years was it kept?
  4. 4.₹1000 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  5. 5.₹500 earns ₹80 simple interest in 4 years. What is the rate of interest per year, in percent?
  6. 6.₹2500 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  7. 7.₹5000 earns ₹600 simple interest at 4% a year. For how many years was it kept?
  8. 8.₹3000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  9. 9.Sara keeps ₹1500 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  10. 10.Anaya keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  11. 11.₹2000 earns ₹400 simple interest at 4% a year. For how many years was it kept?
  12. 12.₹4000 earns ₹280 simple interest in 1 year. What is the rate of interest per year, in percent?
  13. 13.Sara keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  14. 14.Riya keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  15. 15.Ishaan keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  16. 16.Arjun keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  17. 17.Rohan keeps ₹1500 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  18. 18.₹500 earns ₹90 simple interest in 2 years. What is the rate of interest per year, in percent?
  19. 19.₹3000 earns ₹450 simple interest at 3% a year. For how many years was it kept?
  20. 20.₹3000 earns ₹600 simple interest at 10% a year. For how many years was it kept?
  21. 21.Dev keeps ₹3000 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 5 years?
  22. 22.₹500 earns ₹240 simple interest in 4 years. What is the rate of interest per year, in percent?
  23. 23.Sara keeps ₹1500 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  24. 24.₹3000 earns ₹720 simple interest at 6% a year. For how many years was it kept?
  25. 25.Meera keeps ₹5000 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 3 years?
  26. 26.Sara keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  27. 27.Anaya keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  28. 28.₹1000 earns ₹110 simple interest at 11% a year. For how many years was it kept?
  29. 29.₹2000 earns ₹60 simple interest at 3% a year. For how many years was it kept?
  30. 30.₹4000 earns ₹440 simple interest in 1 year. What is the rate of interest per year, in percent?
  31. 31.₹2500 earns ₹125 simple interest at 5% a year. For how many years was it kept?
  32. 32.₹500 earns ₹75 simple interest at 3% a year. For how many years was it kept?
  33. 33.₹5000 earns ₹600 simple interest in 4 years. What is the rate of interest per year, in percent?
  34. 34.₹1000 earns ₹120 simple interest at 12% a year. For how many years was it kept?
  35. 35.₹1500 earns ₹135 simple interest in 1 year. What is the rate of interest per year, in percent?
  36. 36.Arjun keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  37. 37.Rohan keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  38. 38.₹4000 earns ₹600 simple interest at 3% a year. For how many years was it kept?
  39. 39.₹1500 earns ₹240 simple interest at 8% a year. For how many years was it kept?
  40. 40.Meera keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?

Answer key

  1. 8
  2. 20
  3. 1
  4. 10
  5. 4
  6. 2
  7. 3
  8. 4
  9. 2100
  10. 1060
  11. 5
  12. 7
  13. 5150
  14. 520
  15. 1120
  16. 480
  17. 1800
  18. 9
  19. 5
  20. 2
  21. 1050
  22. 12
  23. 1950
  24. 4
  25. 1800
  26. 3500
  27. 3090
  28. 1
  29. 1
  30. 11
  31. 1
  32. 5
  33. 3
  34. 1
  35. 9
  36. 4120
  37. 1000
  38. 5
  39. 2
  40. 600

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