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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 563 · 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.₹1000 earns ₹120 simple interest at 4% a year. For how many years was it kept?
  2. 2.₹1000 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  3. 3.Meera keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 1 year?
  4. 4.₹1500 earns ₹675 simple interest in 5 years. What is the rate of interest per year, in percent?
  5. 5.₹5000 earns ₹300 simple interest at 6% a year. For how many years was it kept?
  6. 6.Arjun keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  7. 7.Anaya keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  8. 8.Kabir keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  9. 9.Sara keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  10. 10.Aarav keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  11. 11.₹5000 earns ₹900 simple interest at 6% a year. For how many years was it kept?
  12. 12.₹500 earns ₹180 simple interest at 12% a year. For how many years was it kept?
  13. 13.₹2000 earns ₹600 simple interest at 6% a year. For how many years was it kept?
  14. 14.₹2500 earns ₹500 simple interest at 5% a year. For how many years was it kept?
  15. 15.₹1500 earns ₹180 simple interest in 4 years. What is the rate of interest per year, in percent?
  16. 16.Meera keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  17. 17.Dev keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Dev get in 5 years?
  18. 18.₹3000 earns ₹600 simple interest at 4% a year. For how many years was it kept?
  19. 19.Dev keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Dev get in 3 years?
  20. 20.Ishaan keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  21. 21.Dev keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Dev get in 5 years?
  22. 22.Isha keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Isha get in 4 years?
  23. 23.₹500 earns ₹220 simple interest in 4 years. What is the rate of interest per year, in percent?
  24. 24.Meera keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  25. 25.Arjun keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  26. 26.₹3000 earns ₹900 simple interest in 5 years. What is the rate of interest per year, in percent?
  27. 27.Anaya keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  28. 28.Aarav keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  29. 29.₹3000 earns ₹450 simple interest at 3% a year. For how many years was it kept?
  30. 30.Arjun keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  31. 31.Isha keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  32. 32.₹1000 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  33. 33.₹5000 earns ₹750 simple interest at 5% a year. For how many years was it kept?
  34. 34.₹1000 earns ₹180 simple interest in 2 years. What is the rate of interest per year, in percent?
  35. 35.Aarav keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  36. 36.Meera keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  37. 37.Rohan keeps ₹5000 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  38. 38.Ishaan keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  39. 39.Anaya keeps ₹4000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  40. 40.Ishaan keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?

Answer key

  1. 3
  2. 2
  3. 40
  4. 9
  5. 1
  6. 400
  7. 2400
  8. 275
  9. 1120
  10. 1060
  11. 3
  12. 3
  13. 5
  14. 4
  15. 3
  16. 3180
  17. 275
  18. 5
  19. 1320
  20. 675
  21. 800
  22. 1440
  23. 11
  24. 3180
  25. 1400
  26. 6
  27. 225
  28. 600
  29. 5
  30. 700
  31. 2800
  32. 5
  33. 3
  34. 9
  35. 1080
  36. 1200
  37. 6200
  38. 300
  39. 4960
  40. 4500

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