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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 590 · 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 ₹210 simple interest in 2 years. What is the rate of interest per year, in percent?
  2. 2.Ishaan keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  3. 3.₹4000 earns ₹240 simple interest at 3% a year. For how many years was it kept?
  4. 4.₹5000 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  5. 5.₹500 earns ₹100 simple interest in 4 years. What is the rate of interest per year, in percent?
  6. 6.Dev keeps ₹1500 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  7. 7.Riya keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  8. 8.₹3000 earns ₹330 simple interest in 1 year. What is the rate of interest per year, in percent?
  9. 9.₹5000 earns ₹450 simple interest in 1 year. What is the rate of interest per year, in percent?
  10. 10.₹500 earns ₹200 simple interest at 10% a year. For how many years was it kept?
  11. 11.Rohan keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  12. 12.Dev keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  13. 13.₹1500 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  14. 14.Dev keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Dev get in 1 year?
  15. 15.₹2500 earns ₹1500 simple interest in 5 years. What is the rate of interest per year, in percent?
  16. 16.₹3000 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  17. 17.Arjun keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  18. 18.₹500 earns ₹135 simple interest in 3 years. What is the rate of interest per year, in percent?
  19. 19.₹1000 earns ₹150 simple interest at 5% a year. For how many years was it kept?
  20. 20.Kabir keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  21. 21.₹1000 earns ₹110 simple interest at 11% a year. For how many years was it kept?
  22. 22.₹1000 earns ₹180 simple interest at 6% a year. For how many years was it kept?
  23. 23.Riya keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 2 years?
  24. 24.₹500 earns ₹20 simple interest in 1 year. What is the rate of interest per year, in percent?
  25. 25.₹2000 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  26. 26.₹2500 earns ₹500 simple interest at 4% a year. For how many years was it kept?
  27. 27.Arjun keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  28. 28.₹5000 earns ₹2750 simple interest in 5 years. What is the rate of interest per year, in percent?
  29. 29.₹1000 earns ₹60 simple interest at 2% a year. For how many years was it kept?
  30. 30.₹2000 earns ₹540 simple interest in 3 years. What is the rate of interest per year, in percent?
  31. 31.₹500 earns ₹100 simple interest in 5 years. What is the rate of interest per year, in percent?
  32. 32.Rohan keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  33. 33.Diya keeps ₹2500 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  34. 34.₹3000 earns ₹360 simple interest in 2 years. What is the rate of interest per year, in percent?
  35. 35.₹5000 earns ₹600 simple interest at 3% a year. For how many years was it kept?
  36. 36.Aarav keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  37. 37.₹1000 earns ₹440 simple interest at 11% a year. For how many years was it kept?
  38. 38.Anaya keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  39. 39.Rohan keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  40. 40.₹3000 earns ₹1440 simple interest in 4 years. What is the rate of interest per year, in percent?

Answer key

  1. 7
  2. 2320
  3. 2
  4. 1
  5. 5
  6. 1590
  7. 2400
  8. 11
  9. 9
  10. 4
  11. 665
  12. 4120
  13. 4
  14. 30
  15. 12
  16. 2
  17. 875
  18. 9
  19. 3
  20. 540
  21. 1
  22. 3
  23. 640
  24. 4
  25. 2
  26. 5
  27. 4240
  28. 11
  29. 3
  30. 9
  31. 4
  32. 4200
  33. 3125
  34. 6
  35. 4
  36. 1350
  37. 4
  38. 5400
  39. 2220
  40. 12

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