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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 565 · 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 ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  2. 2.₹5000 earns ₹500 simple interest at 2% a year. For how many years was it kept?
  3. 3.Sara keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 4 years?
  4. 4.₹5000 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  5. 5.₹5000 earns ₹600 simple interest in 2 years. What is the rate of interest per year, in percent?
  6. 6.Meera keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Meera get in 2 years?
  7. 7.₹1000 earns ₹70 simple interest at 7% a year. For how many years was it kept?
  8. 8.Kabir keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  9. 9.₹1000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  10. 10.Aarav keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  11. 11.₹2500 earns ₹200 simple interest at 2% a year. For how many years was it kept?
  12. 12.Arjun keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  13. 13.Meera keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  14. 14.₹3000 earns ₹60 simple interest at 2% a year. For how many years was it kept?
  15. 15.Ishaan keeps ₹2000 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  16. 16.Aarav keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  17. 17.₹500 earns ₹35 simple interest at 7% a year. For how many years was it kept?
  18. 18.₹1500 earns ₹90 simple interest at 6% a year. For how many years was it kept?
  19. 19.Sara keeps ₹1500 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  20. 20.₹4000 earns ₹720 simple interest in 2 years. What is the rate of interest per year, in percent?
  21. 21.Kabir keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  22. 22.₹2000 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  23. 23.Arjun keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  24. 24.Meera keeps ₹2000 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  25. 25.Aarav keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  26. 26.Aarav keeps ₹2000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  27. 27.₹1000 earns ₹60 simple interest at 3% a year. For how many years was it kept?
  28. 28.₹500 earns ₹175 simple interest at 7% a year. For how many years was it kept?
  29. 29.Sara keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 2 years?
  30. 30.₹500 earns ₹125 simple interest at 5% a year. For how many years was it kept?
  31. 31.Aarav keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  32. 32.Kabir keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  33. 33.Aarav keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  34. 34.₹5000 earns ₹1200 simple interest at 8% a year. For how many years was it kept?
  35. 35.Riya keeps ₹2000 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  36. 36.Arjun keeps ₹5000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  37. 37.Dev keeps ₹3000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  38. 38.₹500 earns ₹75 simple interest in 5 years. What is the rate of interest per year, in percent?
  39. 39.₹500 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  40. 40.Diya keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 3 years?

Answer key

  1. 12
  2. 5
  3. 480
  4. 2
  5. 6
  6. 60
  7. 1
  8. 4600
  9. 12
  10. 240
  11. 4
  12. 2240
  13. 6200
  14. 1
  15. 720
  16. 1000
  17. 1
  18. 1
  19. 1830
  20. 9
  21. 4320
  22. 5
  23. 600
  24. 2640
  25. 40
  26. 2160
  27. 2
  28. 5
  29. 320
  30. 5
  31. 2040
  32. 60
  33. 300
  34. 3
  35. 2640
  36. 5450
  37. 3150
  38. 3
  39. 10
  40. 165

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