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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 550 · 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.Ishaan keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  2. 2.Rohan keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  3. 3.₹500 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  4. 4.Dev keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  5. 5.₹1500 earns ₹450 simple interest at 6% a year. For how many years was it kept?
  6. 6.Rohan keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  7. 7.₹500 earns ₹20 simple interest at 2% a year. For how many years was it kept?
  8. 8.₹3000 earns ₹1500 simple interest at 10% a year. For how many years was it kept?
  9. 9.Diya keeps ₹2500 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  10. 10.Arjun keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  11. 11.Riya keeps ₹2000 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  12. 12.₹5000 earns ₹1350 simple interest in 3 years. What is the rate of interest per year, in percent?
  13. 13.₹500 earns ₹120 simple interest in 3 years. What is the rate of interest per year, in percent?
  14. 14.Aarav keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  15. 15.₹4000 earns ₹1400 simple interest in 5 years. What is the rate of interest per year, in percent?
  16. 16.Anaya keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  17. 17.₹3000 earns ₹1200 simple interest in 5 years. What is the rate of interest per year, in percent?
  18. 18.₹2500 earns ₹200 simple interest in 4 years. What is the rate of interest per year, in percent?
  19. 19.₹2500 earns ₹175 simple interest in 1 year. What is the rate of interest per year, in percent?
  20. 20.₹1000 earns ₹400 simple interest at 8% a year. For how many years was it kept?
  21. 21.₹4000 earns ₹360 simple interest at 9% a year. For how many years was it kept?
  22. 22.₹3000 earns ₹240 simple interest at 2% a year. For how many years was it kept?
  23. 23.Sara keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Sara get in 5 years?
  24. 24.Dev keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  25. 25.Diya keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  26. 26.Meera keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  27. 27.Meera keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  28. 28.₹2000 earns ₹500 simple interest in 5 years. What is the rate of interest per year, in percent?
  29. 29.Riya keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Riya get in 4 years?
  30. 30.₹5000 earns ₹1650 simple interest at 11% a year. For how many years was it kept?
  31. 31.₹2000 earns ₹280 simple interest in 2 years. What is the rate of interest per year, in percent?
  32. 32.Riya keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  33. 33.Isha keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  34. 34.Rohan keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  35. 35.Aarav keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  36. 36.₹3000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  37. 37.₹4000 earns ₹640 simple interest at 4% a year. For how many years was it kept?
  38. 38.Aarav keeps ₹5000 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  39. 39.₹1000 earns ₹280 simple interest at 7% a year. For how many years was it kept?
  40. 40.₹2500 earns ₹75 simple interest at 3% a year. For how many years was it kept?

Answer key

  1. 80
  2. 620
  3. 4
  4. 5120
  5. 5
  6. 300
  7. 2
  8. 5
  9. 3025
  10. 200
  11. 3100
  12. 9
  13. 8
  14. 270
  15. 7
  16. 120
  17. 8
  18. 2
  19. 7
  20. 5
  21. 1
  22. 4
  23. 350
  24. 1360
  25. 3360
  26. 575
  27. 540
  28. 5
  29. 560
  30. 3
  31. 7
  32. 520
  33. 2080
  34. 400
  35. 4320
  36. 4
  37. 4
  38. 5750
  39. 4
  40. 1

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