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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 560 · 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.Dev keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  2. 2.Aarav keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  3. 3.Rohan keeps ₹1500 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  4. 4.₹2500 earns ₹250 simple interest at 5% a year. For how many years was it kept?
  5. 5.Aarav keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  6. 6.₹3000 earns ₹600 simple interest at 10% a year. For how many years was it kept?
  7. 7.Riya keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 4 years?
  8. 8.₹2500 earns ₹1500 simple interest in 5 years. What is the rate of interest per year, in percent?
  9. 9.₹500 earns ₹125 simple interest in 5 years. What is the rate of interest per year, in percent?
  10. 10.Sara keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Sara get in 2 years?
  11. 11.₹1000 earns ₹70 simple interest in 1 year. What is the rate of interest per year, in percent?
  12. 12.Kabir keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  13. 13.₹4000 earns ₹1800 simple interest in 5 years. What is the rate of interest per year, in percent?
  14. 14.₹1000 earns ₹280 simple interest in 4 years. What is the rate of interest per year, in percent?
  15. 15.Isha keeps ₹2000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  16. 16.Dev keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Dev get in 3 years?
  17. 17.₹1500 earns ₹525 simple interest in 5 years. What is the rate of interest per year, in percent?
  18. 18.₹3000 earns ₹270 simple interest in 3 years. What is the rate of interest per year, in percent?
  19. 19.₹1000 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  20. 20.₹2000 earns ₹320 simple interest at 4% a year. For how many years was it kept?
  21. 21.₹2000 earns ₹80 simple interest in 1 year. What is the rate of interest per year, in percent?
  22. 22.Diya keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  23. 23.Riya keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 2 years?
  24. 24.Anaya keeps ₹4000 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  25. 25.₹4000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  26. 26.₹2500 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  27. 27.₹1000 earns ₹270 simple interest at 9% a year. For how many years was it kept?
  28. 28.₹500 earns ₹100 simple interest at 10% a year. For how many years was it kept?
  29. 29.Sara keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 4 years?
  30. 30.₹4000 earns ₹1920 simple interest in 4 years. What is the rate of interest per year, in percent?
  31. 31.₹500 earns ₹35 simple interest in 1 year. What is the rate of interest per year, in percent?
  32. 32.₹4000 earns ₹960 simple interest in 3 years. What is the rate of interest per year, in percent?
  33. 33.₹2000 earns ₹400 simple interest at 10% a year. For how many years was it kept?
  34. 34.Rohan keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  35. 35.₹500 earns ₹100 simple interest at 4% a year. For how many years was it kept?
  36. 36.₹5000 earns ₹600 simple interest at 3% a year. For how many years was it kept?
  37. 37.Sara keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  38. 38.Riya keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 1 year?
  39. 39.₹2000 earns ₹1000 simple interest at 10% a year. For how many years was it kept?
  40. 40.₹500 earns ₹220 simple interest at 11% a year. For how many years was it kept?

Answer key

  1. 4720
  2. 160
  3. 1950
  4. 2
  5. 800
  6. 2
  7. 40
  8. 12
  9. 5
  10. 250
  11. 7
  12. 1150
  13. 9
  14. 7
  15. 2320
  16. 600
  17. 7
  18. 3
  19. 2
  20. 4
  21. 4
  22. 5750
  23. 480
  24. 6000
  25. 2
  26. 4
  27. 3
  28. 2
  29. 240
  30. 12
  31. 7
  32. 8
  33. 2
  34. 1750
  35. 5
  36. 4
  37. 1210
  38. 120
  39. 5
  40. 4

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