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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 56 · 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.Meera keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  2. 2.Arjun keeps ₹500 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  3. 3.₹2500 earns ₹600 simple interest in 4 years. What is the rate of interest per year, in percent?
  4. 4.₹3000 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  5. 5.₹2000 earns ₹660 simple interest at 11% a year. For how many years was it kept?
  6. 6.Riya keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 5 years?
  7. 7.₹3000 earns ₹360 simple interest at 3% a year. For how many years was it kept?
  8. 8.₹3000 earns ₹600 simple interest at 4% a year. For how many years was it kept?
  9. 9.₹1500 earns ₹270 simple interest in 3 years. What is the rate of interest per year, in percent?
  10. 10.Isha keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  11. 11.₹5000 earns ₹400 simple interest at 4% a year. For how many years was it kept?
  12. 12.₹2000 earns ₹280 simple interest in 2 years. What is the rate of interest per year, in percent?
  13. 13.Kabir keeps ₹4000 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  14. 14.₹2000 earns ₹400 simple interest at 4% a year. For how many years was it kept?
  15. 15.Anaya keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  16. 16.₹5000 earns ₹3000 simple interest in 5 years. What is the rate of interest per year, in percent?
  17. 17.₹5000 earns ₹350 simple interest at 7% a year. For how many years was it kept?
  18. 18.Ishaan keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  19. 19.Sara keeps ₹5000 in a bank at 8% simple interest a year. How many rupees of interest does Sara get in 4 years?
  20. 20.₹2500 earns ₹1125 simple interest at 9% a year. For how many years was it kept?
  21. 21.₹4000 earns ₹800 simple interest in 4 years. What is the rate of interest per year, in percent?
  22. 22.₹2000 earns ₹160 simple interest at 4% a year. For how many years was it kept?
  23. 23.₹1500 earns ₹375 simple interest at 5% a year. For how many years was it kept?
  24. 24.Aarav keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  25. 25.Anaya keeps ₹5000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  26. 26.₹4000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  27. 27.₹1500 earns ₹150 simple interest in 2 years. What is the rate of interest per year, in percent?
  28. 28.₹3000 earns ₹540 simple interest in 3 years. What is the rate of interest per year, in percent?
  29. 29.₹5000 earns ₹500 simple interest in 1 year. What is the rate of interest per year, in percent?
  30. 30.₹1000 earns ₹150 simple interest at 5% a year. For how many years was it kept?
  31. 31.Meera keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  32. 32.Rohan keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  33. 33.Anaya keeps ₹5000 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  34. 34.Rohan keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  35. 35.Arjun keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  36. 36.Riya keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 5 years?
  37. 37.₹4000 earns ₹240 simple interest in 1 year. What is the rate of interest per year, in percent?
  38. 38.₹4000 earns ₹80 simple interest at 2% a year. For how many years was it kept?
  39. 39.Aarav keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  40. 40.Anaya keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Anaya get in 5 years?

Answer key

  1. 1635
  2. 530
  3. 6
  4. 2
  5. 3
  6. 900
  7. 4
  8. 5
  9. 6
  10. 775
  11. 2
  12. 7
  13. 5760
  14. 5
  15. 2700
  16. 12
  17. 1
  18. 480
  19. 1600
  20. 5
  21. 5
  22. 2
  23. 5
  24. 1000
  25. 7250
  26. 1
  27. 5
  28. 6
  29. 10
  30. 3
  31. 3360
  32. 3600
  33. 6800
  34. 20
  35. 840
  36. 200
  37. 6
  38. 1
  39. 300
  40. 275

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