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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 589 · 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.Dev keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  2. 2.₹3000 earns ₹360 simple interest in 2 years. What is the rate of interest per year, in percent?
  3. 3.₹5000 earns ₹800 simple interest at 4% a year. For how many years was it kept?
  4. 4.Riya keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 2 years?
  5. 5.Sara keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  6. 6.Dev keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  7. 7.₹2000 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  8. 8.₹3000 earns ₹120 simple interest at 2% a year. For how many years was it kept?
  9. 9.Rohan keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  10. 10.₹5000 earns ₹750 simple interest at 5% a year. For how many years was it kept?
  11. 11.₹2000 earns ₹80 simple interest in 1 year. What is the rate of interest per year, in percent?
  12. 12.Diya keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Diya get in 1 year?
  13. 13.Aarav keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  14. 14.₹5000 earns ₹300 simple interest in 1 year. What is the rate of interest per year, in percent?
  15. 15.₹1000 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
  16. 16.₹1000 earns ₹80 simple interest at 8% a year. For how many years was it kept?
  17. 17.₹4000 earns ₹1920 simple interest at 12% a year. For how many years was it kept?
  18. 18.₹1500 earns ₹75 simple interest in 1 year. What is the rate of interest per year, in percent?
  19. 19.Meera keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 4 years?
  20. 20.₹2500 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  21. 21.₹500 earns ₹20 simple interest in 2 years. What is the rate of interest per year, in percent?
  22. 22.Ishaan keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  23. 23.₹4000 earns ₹800 simple interest at 10% a year. For how many years was it kept?
  24. 24.Meera keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Meera get in 3 years?
  25. 25.Isha keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  26. 26.₹500 earns ₹120 simple interest in 4 years. What is the rate of interest per year, in percent?
  27. 27.₹5000 earns ₹250 simple interest at 5% a year. For how many years was it kept?
  28. 28.Dev keeps ₹2000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  29. 29.Diya keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Diya get in 5 years?
  30. 30.Ishaan keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  31. 31.Arjun keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  32. 32.Kabir keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  33. 33.₹3000 earns ₹360 simple interest at 4% a year. For how many years was it kept?
  34. 34.Ishaan keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  35. 35.₹2500 earns ₹1000 simple interest at 10% a year. For how many years was it kept?
  36. 36.₹500 earns ₹10 simple interest in 1 year. What is the rate of interest per year, in percent?
  37. 37.Meera keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Meera get in 5 years?
  38. 38.Diya keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Diya get in 1 year?
  39. 39.Sara keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  40. 40.Kabir keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 3 years?

Answer key

  1. 560
  2. 6
  3. 4
  4. 640
  5. 3210
  6. 1905
  7. 2
  8. 2
  9. 560
  10. 3
  11. 4
  12. 200
  13. 550
  14. 6
  15. 3
  16. 1
  17. 4
  18. 5
  19. 1200
  20. 8
  21. 2
  22. 80
  23. 2
  24. 45
  25. 1060
  26. 6
  27. 1
  28. 2240
  29. 500
  30. 4160
  31. 90
  32. 825
  33. 3
  34. 635
  35. 4
  36. 2
  37. 375
  38. 240
  39. 5400
  40. 210

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