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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 556 · 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.₹2500 earns ₹525 simple interest at 7% a year. For how many years was it kept?
  2. 2.₹500 earns ₹30 simple interest at 2% a year. For how many years was it kept?
  3. 3.₹5000 earns ₹500 simple interest at 10% a year. For how many years was it kept?
  4. 4.Rohan keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  5. 5.₹1500 earns ₹360 simple interest in 2 years. What is the rate of interest per year, in percent?
  6. 6.Meera keeps ₹5000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  7. 7.Meera keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Meera get in 3 years?
  8. 8.₹1500 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  9. 9.Dev keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  10. 10.₹4000 earns ₹960 simple interest at 8% a year. For how many years was it kept?
  11. 11.Sara keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Sara get in 3 years?
  12. 12.₹500 earns ₹140 simple interest at 7% a year. For how many years was it kept?
  13. 13.Rohan keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  14. 14.Meera keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Meera get in 4 years?
  15. 15.Kabir keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  16. 16.Arjun keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  17. 17.Riya keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  18. 18.₹1500 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  19. 19.Arjun keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  20. 20.₹4000 earns ₹560 simple interest at 7% a year. For how many years was it kept?
  21. 21.Arjun keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  22. 22.Kabir keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  23. 23.₹2500 earns ₹75 simple interest at 3% a year. For how many years was it kept?
  24. 24.Arjun keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  25. 25.Anaya keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  26. 26.₹500 earns ₹100 simple interest at 10% a year. For how many years was it kept?
  27. 27.Ishaan keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  28. 28.Arjun keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  29. 29.Ishaan keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  30. 30.Aarav keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  31. 31.Kabir keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  32. 32.₹4000 earns ₹160 simple interest at 2% a year. For how many years was it kept?
  33. 33.Meera keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  34. 34.Ishaan keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  35. 35.Meera keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Meera get in 1 year?
  36. 36.Diya keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  37. 37.₹500 earns ₹50 simple interest in 2 years. What is the rate of interest per year, in percent?
  38. 38.Diya keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Diya get in 5 years?
  39. 39.Ishaan keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  40. 40.Meera keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 4 years?

Answer key

  1. 3
  2. 3
  3. 1
  4. 880
  5. 12
  6. 5250
  7. 90
  8. 4
  9. 3100
  10. 3
  11. 495
  12. 4
  13. 610
  14. 1760
  15. 800
  16. 240
  17. 1590
  18. 10
  19. 2875
  20. 2
  21. 560
  22. 1050
  23. 1
  24. 225
  25. 5500
  26. 2
  27. 4000
  28. 1200
  29. 180
  30. 500
  31. 2550
  32. 2
  33. 4320
  34. 3480
  35. 90
  36. 1590
  37. 5
  38. 1400
  39. 720
  40. 2000

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