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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 591 · 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.Anaya keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  2. 2.₹2000 earns ₹320 simple interest in 2 years. What is the rate of interest per year, in percent?
  3. 3.₹1000 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  4. 4.₹2500 earns ₹525 simple interest in 3 years. What is the rate of interest per year, in percent?
  5. 5.₹5000 earns ₹2000 simple interest at 10% a year. For how many years was it kept?
  6. 6.Aarav keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  7. 7.₹1500 earns ₹90 simple interest at 2% a year. For how many years was it kept?
  8. 8.₹2500 earns ₹300 simple interest in 1 year. What is the rate of interest per year, in percent?
  9. 9.₹1500 earns ₹450 simple interest at 6% a year. For how many years was it kept?
  10. 10.Meera keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 2 years?
  11. 11.Meera keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  12. 12.₹500 earns ₹10 simple interest at 2% a year. For how many years was it kept?
  13. 13.Aarav keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  14. 14.₹2000 earns ₹80 simple interest in 2 years. What is the rate of interest per year, in percent?
  15. 15.₹3000 earns ₹240 simple interest at 2% a year. For how many years was it kept?
  16. 16.Diya keeps ₹2500 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  17. 17.₹1500 earns ₹120 simple interest at 8% a year. For how many years was it kept?
  18. 18.Ishaan keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  19. 19.₹2000 earns ₹560 simple interest at 7% a year. For how many years was it kept?
  20. 20.Riya keeps ₹2000 in a bank at 11% simple interest a year. How many rupees of interest does Riya get in 2 years?
  21. 21.Anaya keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  22. 22.₹4000 earns ₹200 simple interest at 5% a year. For how many years was it kept?
  23. 23.Dev keeps ₹5000 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  24. 24.Sara keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Sara get in 5 years?
  25. 25.Aarav keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  26. 26.Isha keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Isha get in 4 years?
  27. 27.₹1500 earns ₹300 simple interest at 4% a year. For how many years was it kept?
  28. 28.₹1500 earns ₹495 simple interest in 3 years. What is the rate of interest per year, in percent?
  29. 29.₹2500 earns ₹375 simple interest at 5% a year. For how many years was it kept?
  30. 30.Isha keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  31. 31.Diya keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  32. 32.Meera keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 3 years?
  33. 33.Isha keeps ₹1000 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  34. 34.₹3000 earns ₹600 simple interest at 4% a year. For how many years was it kept?
  35. 35.₹2000 earns ₹900 simple interest at 9% a year. For how many years was it kept?
  36. 36.Riya keeps ₹3000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  37. 37.Isha keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  38. 38.₹5000 earns ₹2200 simple interest in 4 years. What is the rate of interest per year, in percent?
  39. 39.Riya keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  40. 40.Arjun keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Arjun get in 2 years?

Answer key

  1. 530
  2. 8
  3. 6
  4. 7
  5. 4
  6. 200
  7. 3
  8. 12
  9. 5
  10. 210
  11. 4320
  12. 1
  13. 675
  14. 2
  15. 4
  16. 3200
  17. 1
  18. 120
  19. 4
  20. 440
  21. 750
  22. 1
  23. 7750
  24. 450
  25. 500
  26. 1320
  27. 5
  28. 11
  29. 3
  30. 570
  31. 4200
  32. 315
  33. 1360
  34. 5
  35. 5
  36. 3720
  37. 5200
  38. 11
  39. 4280
  40. 120

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