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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 598 · 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.Kabir keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  2. 2.Kabir keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  3. 3.₹3000 earns ₹900 simple interest at 10% a year. For how many years was it kept?
  4. 4.Arjun keeps ₹2500 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  5. 5.₹1500 earns ₹180 simple interest at 12% a year. For how many years was it kept?
  6. 6.₹2000 earns ₹1000 simple interest at 10% a year. For how many years was it kept?
  7. 7.₹3000 earns ₹270 simple interest at 9% a year. For how many years was it kept?
  8. 8.Kabir keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  9. 9.₹5000 earns ₹1750 simple interest at 7% a year. For how many years was it kept?
  10. 10.Isha keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Isha get in 1 year?
  11. 11.Kabir keeps ₹5000 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  12. 12.Riya keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 1 year?
  13. 13.₹2500 earns ₹525 simple interest in 3 years. What is the rate of interest per year, in percent?
  14. 14.Arjun keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  15. 15.₹5000 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  16. 16.₹5000 earns ₹450 simple interest in 1 year. What is the rate of interest per year, in percent?
  17. 17.₹5000 earns ₹2000 simple interest in 5 years. What is the rate of interest per year, in percent?
  18. 18.₹1000 earns ₹180 simple interest at 6% a year. For how many years was it kept?
  19. 19.₹500 earns ₹10 simple interest at 2% a year. For how many years was it kept?
  20. 20.₹3000 earns ₹630 simple interest in 3 years. What is the rate of interest per year, in percent?
  21. 21.₹1500 earns ₹450 simple interest at 10% a year. For how many years was it kept?
  22. 22.₹1000 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  23. 23.Isha keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  24. 24.₹2000 earns ₹240 simple interest in 3 years. What is the rate of interest per year, in percent?
  25. 25.Sara keeps ₹2000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  26. 26.Arjun keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  27. 27.₹2000 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  28. 28.Ishaan keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  29. 29.Meera keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 1 year?
  30. 30.Diya keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  31. 31.₹5000 earns ₹2000 simple interest at 8% a year. For how many years was it kept?
  32. 32.₹1500 earns ₹300 simple interest in 4 years. What is the rate of interest per year, in percent?
  33. 33.Ishaan keeps ₹1000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  34. 34.Ishaan keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  35. 35.Isha keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  36. 36.Dev keeps ₹1500 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  37. 37.₹2500 earns ₹800 simple interest in 4 years. What is the rate of interest per year, in percent?
  38. 38.Riya keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  39. 39.Isha keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  40. 40.₹2500 earns ₹350 simple interest at 7% a year. For how many years was it kept?

Answer key

  1. 2575
  2. 1860
  3. 3
  4. 3600
  5. 1
  6. 5
  7. 1
  8. 1270
  9. 5
  10. 180
  11. 2400
  12. 75
  13. 7
  14. 250
  15. 2
  16. 9
  17. 8
  18. 3
  19. 1
  20. 7
  21. 3
  22. 10
  23. 2220
  24. 4
  25. 2180
  26. 700
  27. 2
  28. 600
  29. 360
  30. 1680
  31. 5
  32. 5
  33. 1240
  34. 300
  35. 1100
  36. 1650
  37. 8
  38. 2240
  39. 1635
  40. 2

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