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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 578 · 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 ₹70 simple interest at 7% a year. For how many years was it kept?
  2. 2.₹2500 earns ₹100 simple interest at 4% a year. For how many years was it kept?
  3. 3.₹5000 earns ₹700 simple interest in 2 years. What is the rate of interest per year, in percent?
  4. 4.Meera keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  5. 5.₹2000 earns ₹240 simple interest at 3% a year. For how many years was it kept?
  6. 6.₹1500 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  7. 7.₹500 earns ₹30 simple interest at 3% a year. For how many years was it kept?
  8. 8.₹1500 earns ₹60 simple interest at 2% a year. For how many years was it kept?
  9. 9.Riya keeps ₹4000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  10. 10.₹4000 earns ₹2200 simple interest at 11% a year. For how many years was it kept?
  11. 11.Kabir keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  12. 12.₹1000 earns ₹550 simple interest in 5 years. What is the rate of interest per year, in percent?
  13. 13.₹4000 earns ₹1320 simple interest in 3 years. What is the rate of interest per year, in percent?
  14. 14.Ishaan keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  15. 15.Rohan keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  16. 16.Rohan keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  17. 17.Meera keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 3 years?
  18. 18.Meera keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 5 years?
  19. 19.Kabir keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  20. 20.₹1500 earns ₹495 simple interest at 11% a year. For how many years was it kept?
  21. 21.Isha keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Isha get in 3 years?
  22. 22.Meera keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 1 year?
  23. 23.Anaya keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  24. 24.Ishaan keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  25. 25.₹4000 earns ₹240 simple interest in 3 years. What is the rate of interest per year, in percent?
  26. 26.₹4000 earns ₹2000 simple interest in 5 years. What is the rate of interest per year, in percent?
  27. 27.₹3000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  28. 28.₹5000 earns ₹1200 simple interest in 3 years. What is the rate of interest per year, in percent?
  29. 29.Diya keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 2 years?
  30. 30.Rohan keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  31. 31.₹1000 earns ₹220 simple interest in 2 years. What is the rate of interest per year, in percent?
  32. 32.₹5000 earns ₹400 simple interest in 1 year. What is the rate of interest per year, in percent?
  33. 33.Anaya keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  34. 34.Arjun keeps ₹2000 in a bank at 11% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  35. 35.Arjun keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  36. 36.₹3000 earns ₹990 simple interest in 3 years. What is the rate of interest per year, in percent?
  37. 37.Rohan keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  38. 38.₹2500 earns ₹1100 simple interest at 11% a year. For how many years was it kept?
  39. 39.₹1000 earns ₹70 simple interest in 1 year. What is the rate of interest per year, in percent?
  40. 40.₹1000 earns ₹100 simple interest at 2% a year. For how many years was it kept?

Answer key

  1. 1
  2. 1
  3. 7
  4. 725
  5. 4
  6. 4
  7. 2
  8. 2
  9. 4720
  10. 5
  11. 4400
  12. 11
  13. 11
  14. 110
  15. 160
  16. 1070
  17. 525
  18. 100
  19. 1120
  20. 3
  21. 825
  22. 250
  23. 2500
  24. 600
  25. 2
  26. 10
  27. 4
  28. 8
  29. 400
  30. 720
  31. 11
  32. 8
  33. 350
  34. 220
  35. 60
  36. 11
  37. 1000
  38. 4
  39. 7
  40. 5

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