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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 576 · 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 ₹330 simple interest in 2 years. What is the rate of interest per year, in percent?
  2. 2.Arjun keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  3. 3.₹3000 earns ₹1080 simple interest at 12% a year. For how many years was it kept?
  4. 4.₹2000 earns ₹160 simple interest at 2% a year. For how many years was it kept?
  5. 5.Aarav keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  6. 6.Dev keeps ₹5000 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  7. 7.Rohan keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  8. 8.₹4000 earns ₹1600 simple interest at 10% a year. For how many years was it kept?
  9. 9.Anaya keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  10. 10.₹1000 earns ₹150 simple interest in 3 years. What is the rate of interest per year, in percent?
  11. 11.₹3000 earns ₹240 simple interest at 8% a year. For how many years was it kept?
  12. 12.₹3000 earns ₹1350 simple interest in 5 years. What is the rate of interest per year, in percent?
  13. 13.₹3000 earns ₹450 simple interest in 3 years. What is the rate of interest per year, in percent?
  14. 14.₹4000 earns ₹480 simple interest at 6% a year. For how many years was it kept?
  15. 15.Riya keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 3 years?
  16. 16.₹2500 earns ₹225 simple interest in 1 year. What is the rate of interest per year, in percent?
  17. 17.₹3000 earns ₹450 simple interest in 5 years. What is the rate of interest per year, in percent?
  18. 18.₹500 earns ₹150 simple interest in 3 years. What is the rate of interest per year, in percent?
  19. 19.₹3000 earns ₹90 simple interest in 1 year. What is the rate of interest per year, in percent?
  20. 20.₹500 earns ₹60 simple interest in 4 years. What is the rate of interest per year, in percent?
  21. 21.₹1500 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  22. 22.₹1000 earns ₹330 simple interest at 11% a year. For how many years was it kept?
  23. 23.Dev keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Dev get in 1 year?
  24. 24.Ishaan keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  25. 25.Meera keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  26. 26.₹5000 earns ₹200 simple interest at 4% a year. For how many years was it kept?
  27. 27.₹1000 earns ₹180 simple interest in 2 years. What is the rate of interest per year, in percent?
  28. 28.₹2500 earns ₹250 simple interest at 5% a year. For how many years was it kept?
  29. 29.₹4000 earns ₹320 simple interest in 4 years. What is the rate of interest per year, in percent?
  30. 30.₹1000 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  31. 31.₹2500 earns ₹300 simple interest in 4 years. What is the rate of interest per year, in percent?
  32. 32.₹5000 earns ₹1500 simple interest at 10% a year. For how many years was it kept?
  33. 33.Sara keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Sara get in 3 years?
  34. 34.₹3000 earns ₹270 simple interest in 3 years. What is the rate of interest per year, in percent?
  35. 35.Riya keeps ₹2500 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  36. 36.₹4000 earns ₹480 simple interest in 2 years. What is the rate of interest per year, in percent?
  37. 37.Meera keeps ₹2000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  38. 38.Riya keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 1 year?
  39. 39.₹1500 earns ₹75 simple interest in 1 year. What is the rate of interest per year, in percent?
  40. 40.₹1500 earns ₹405 simple interest at 9% a year. For how many years was it kept?

Answer key

  1. 11
  2. 120
  3. 3
  4. 4
  5. 2575
  6. 5500
  7. 1590
  8. 4
  9. 960
  10. 5
  11. 1
  12. 9
  13. 5
  14. 2
  15. 180
  16. 9
  17. 3
  18. 10
  19. 3
  20. 3
  21. 10
  22. 3
  23. 250
  24. 180
  25. 1060
  26. 1
  27. 9
  28. 2
  29. 2
  30. 2
  31. 3
  32. 3
  33. 525
  34. 3
  35. 3750
  36. 6
  37. 2180
  38. 10
  39. 5
  40. 3

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