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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 564 · 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.₹1500 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  2. 2.Arjun keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  3. 3.₹500 earns ₹90 simple interest in 3 years. What is the rate of interest per year, in percent?
  4. 4.₹3000 earns ₹540 simple interest at 6% a year. For how many years was it kept?
  5. 5.₹4000 earns ₹200 simple interest in 1 year. What is the rate of interest per year, in percent?
  6. 6.₹1500 earns ₹420 simple interest in 4 years. What is the rate of interest per year, in percent?
  7. 7.Meera keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 4 years?
  8. 8.Meera keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 5 years?
  9. 9.₹5000 earns ₹600 simple interest at 6% a year. For how many years was it kept?
  10. 10.₹500 earns ₹15 simple interest at 3% a year. For how many years was it kept?
  11. 11.Anaya keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  12. 12.₹1000 earns ₹180 simple interest at 9% a year. For how many years was it kept?
  13. 13.Isha keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  14. 14.Dev keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Dev get in 3 years?
  15. 15.Ishaan keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  16. 16.Dev keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  17. 17.Aarav keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  18. 18.₹2000 earns ₹400 simple interest at 5% a year. For how many years was it kept?
  19. 19.₹1000 earns ₹80 simple interest at 8% a year. For how many years was it kept?
  20. 20.₹2000 earns ₹640 simple interest in 4 years. What is the rate of interest per year, in percent?
  21. 21.Sara keeps ₹2500 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  22. 22.Ishaan keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  23. 23.Rohan keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  24. 24.Dev keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  25. 25.Anaya keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  26. 26.Riya keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 5 years?
  27. 27.Aarav keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  28. 28.Arjun keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  29. 29.₹4000 earns ₹480 simple interest in 3 years. What is the rate of interest per year, in percent?
  30. 30.Meera keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 4 years?
  31. 31.Rohan keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  32. 32.₹2000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  33. 33.Aarav keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  34. 34.₹5000 earns ₹2250 simple interest in 5 years. What is the rate of interest per year, in percent?
  35. 35.₹3000 earns ₹1200 simple interest at 10% a year. For how many years was it kept?
  36. 36.₹500 earns ₹40 simple interest at 8% a year. For how many years was it kept?
  37. 37.₹1500 earns ₹60 simple interest at 2% a year. For how many years was it kept?
  38. 38.₹4000 earns ₹640 simple interest in 2 years. What is the rate of interest per year, in percent?
  39. 39.₹1500 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  40. 40.₹1000 earns ₹220 simple interest at 11% a year. For how many years was it kept?

Answer key

  1. 8
  2. 125
  3. 6
  4. 3
  5. 5
  6. 7
  7. 120
  8. 1500
  9. 2
  10. 1
  11. 1350
  12. 2
  13. 1680
  14. 750
  15. 180
  16. 2800
  17. 250
  18. 4
  19. 1
  20. 8
  21. 2750
  22. 80
  23. 50
  24. 6200
  25. 300
  26. 200
  27. 700
  28. 280
  29. 4
  30. 400
  31. 800
  32. 6
  33. 75
  34. 9
  35. 4
  36. 1
  37. 2
  38. 8
  39. 8
  40. 2

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