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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 60 · 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.₹5000 earns ₹1600 simple interest at 8% a year. For how many years was it kept?
  2. 2.₹5000 earns ₹1000 simple interest at 5% a year. For how many years was it kept?
  3. 3.Riya keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Riya get in 5 years?
  4. 4.₹1000 earns ₹90 simple interest in 3 years. What is the rate of interest per year, in percent?
  5. 5.₹2500 earns ₹800 simple interest in 4 years. What is the rate of interest per year, in percent?
  6. 6.Arjun keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  7. 7.Kabir keeps ₹1500 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  8. 8.Anaya keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  9. 9.₹500 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  10. 10.Arjun keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  11. 11.₹1000 earns ₹270 simple interest in 3 years. What is the rate of interest per year, in percent?
  12. 12.Ishaan keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  13. 13.₹5000 earns ₹400 simple interest at 8% a year. For how many years was it kept?
  14. 14.₹4000 earns ₹160 simple interest in 1 year. What is the rate of interest per year, in percent?
  15. 15.₹500 earns ₹75 simple interest at 5% a year. For how many years was it kept?
  16. 16.₹2000 earns ₹1000 simple interest at 10% a year. For how many years was it kept?
  17. 17.Ishaan keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  18. 18.₹3000 earns ₹270 simple interest at 9% a year. For how many years was it kept?
  19. 19.Diya keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 5 years?
  20. 20.₹4000 earns ₹1600 simple interest at 8% a year. For how many years was it kept?
  21. 21.Dev keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Dev get in 5 years?
  22. 22.₹500 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  23. 23.Dev keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 4 years?
  24. 24.₹1000 earns ₹240 simple interest in 3 years. What is the rate of interest per year, in percent?
  25. 25.₹500 earns ₹100 simple interest at 4% a year. For how many years was it kept?
  26. 26.₹4000 earns ₹1600 simple interest in 5 years. What is the rate of interest per year, in percent?
  27. 27.₹1500 earns ₹150 simple interest at 10% a year. For how many years was it kept?
  28. 28.₹5000 earns ₹900 simple interest at 6% a year. For how many years was it kept?
  29. 29.Rohan keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  30. 30.₹3000 earns ₹1500 simple interest in 5 years. What is the rate of interest per year, in percent?
  31. 31.Riya keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  32. 32.Anaya keeps ₹2000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  33. 33.Sara keeps ₹5000 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  34. 34.₹2500 earns ₹625 simple interest in 5 years. What is the rate of interest per year, in percent?
  35. 35.Rohan keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  36. 36.Aarav keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  37. 37.Aarav keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  38. 38.Rohan keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  39. 39.₹2000 earns ₹1000 simple interest in 5 years. What is the rate of interest per year, in percent?
  40. 40.₹1500 earns ₹135 simple interest at 9% a year. For how many years was it kept?

Answer key

  1. 4
  2. 4
  3. 250
  4. 3
  5. 8
  6. 600
  7. 2025
  8. 1200
  9. 4
  10. 180
  11. 9
  12. 1350
  13. 1
  14. 4
  15. 3
  16. 5
  17. 100
  18. 1
  19. 450
  20. 5
  21. 250
  22. 12
  23. 240
  24. 8
  25. 5
  26. 8
  27. 1
  28. 3
  29. 10
  30. 10
  31. 625
  32. 2360
  33. 5550
  34. 5
  35. 40
  36. 270
  37. 530
  38. 3180
  39. 10
  40. 1

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