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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 585 · 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.₹3000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  2. 2.Dev keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Dev get in 1 year?
  3. 3.₹3000 earns ₹600 simple interest at 10% a year. For how many years was it kept?
  4. 4.Diya keeps ₹5000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  5. 5.Rohan keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  6. 6.₹1000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  7. 7.₹1000 earns ₹70 simple interest in 1 year. What is the rate of interest per year, in percent?
  8. 8.₹1000 earns ₹400 simple interest at 8% a year. For how many years was it kept?
  9. 9.₹5000 earns ₹600 simple interest at 12% a year. For how many years was it kept?
  10. 10.Diya keeps ₹4000 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  11. 11.₹1000 earns ₹200 simple interest at 10% a year. For how many years was it kept?
  12. 12.₹1000 earns ₹50 simple interest at 5% a year. For how many years was it kept?
  13. 13.₹2000 earns ₹480 simple interest in 4 years. What is the rate of interest per year, in percent?
  14. 14.₹5000 earns ₹1350 simple interest in 3 years. What is the rate of interest per year, in percent?
  15. 15.₹2000 earns ₹560 simple interest in 4 years. What is the rate of interest per year, in percent?
  16. 16.₹2500 earns ₹700 simple interest at 7% a year. For how many years was it kept?
  17. 17.₹3000 earns ₹330 simple interest in 1 year. What is the rate of interest per year, in percent?
  18. 18.₹500 earns ₹125 simple interest at 5% a year. For how many years was it kept?
  19. 19.Anaya keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  20. 20.₹500 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  21. 21.Anaya keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  22. 22.₹3000 earns ₹150 simple interest at 5% a year. For how many years was it kept?
  23. 23.₹500 earns ₹60 simple interest in 3 years. What is the rate of interest per year, in percent?
  24. 24.Dev keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  25. 25.Riya keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  26. 26.Riya keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  27. 27.₹3000 earns ₹630 simple interest at 7% a year. For how many years was it kept?
  28. 28.Kabir keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  29. 29.Riya keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 2 years?
  30. 30.Kabir keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  31. 31.₹500 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  32. 32.Rohan keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  33. 33.₹2000 earns ₹240 simple interest at 3% a year. For how many years was it kept?
  34. 34.Dev keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 2 years?
  35. 35.₹3000 earns ₹1200 simple interest at 8% a year. For how many years was it kept?
  36. 36.₹2000 earns ₹400 simple interest at 5% a year. For how many years was it kept?
  37. 37.Rohan keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  38. 38.Isha keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Isha get in 3 years?
  39. 39.Kabir keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  40. 40.₹2000 earns ₹220 simple interest at 11% a year. For how many years was it kept?

Answer key

  1. 4
  2. 450
  3. 2
  4. 5800
  5. 60
  6. 12
  7. 7
  8. 5
  9. 1
  10. 6400
  11. 2
  12. 1
  13. 6
  14. 9
  15. 7
  16. 4
  17. 11
  18. 5
  19. 1250
  20. 4
  21. 75
  22. 1
  23. 4
  24. 1250
  25. 1090
  26. 5350
  27. 3
  28. 300
  29. 30
  30. 250
  31. 4
  32. 2480
  33. 4
  34. 140
  35. 5
  36. 4
  37. 400
  38. 810
  39. 50
  40. 1

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