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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 604 · 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 ₹45 simple interest in 1 year. What is the rate of interest per year, in percent?
  2. 2.₹2500 earns ₹175 simple interest at 7% a year. For how many years was it kept?
  3. 3.₹1000 earns ₹60 simple interest at 6% a year. For how many years was it kept?
  4. 4.₹1000 earns ₹40 simple interest at 4% a year. For how many years was it kept?
  5. 5.₹2000 earns ₹700 simple interest at 7% a year. For how many years was it kept?
  6. 6.₹2000 earns ₹1100 simple interest at 11% a year. For how many years was it kept?
  7. 7.₹1000 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  8. 8.₹5000 earns ₹1500 simple interest in 3 years. What is the rate of interest per year, in percent?
  9. 9.Dev keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  10. 10.Kabir keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  11. 11.Isha keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  12. 12.Sara keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  13. 13.₹3000 earns ₹150 simple interest at 5% a year. For how many years was it kept?
  14. 14.₹500 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  15. 15.Aarav keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  16. 16.Arjun keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  17. 17.Aarav keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  18. 18.₹3000 earns ₹1320 simple interest at 11% a year. For how many years was it kept?
  19. 19.₹1500 earns ₹720 simple interest in 4 years. What is the rate of interest per year, in percent?
  20. 20.₹5000 earns ₹450 simple interest at 3% a year. For how many years was it kept?
  21. 21.Kabir keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  22. 22.₹2000 earns ₹1100 simple interest in 5 years. What is the rate of interest per year, in percent?
  23. 23.Meera keeps ₹3000 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 4 years?
  24. 24.₹2500 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  25. 25.Isha keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 4 years?
  26. 26.Isha keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  27. 27.₹3000 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  28. 28.Arjun keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  29. 29.Rohan keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  30. 30.₹4000 earns ₹720 simple interest at 9% a year. For how many years was it kept?
  31. 31.₹2000 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  32. 32.₹5000 earns ₹300 simple interest at 3% a year. For how many years was it kept?
  33. 33.Diya keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Diya get in 4 years?
  34. 34.Anaya keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  35. 35.₹4000 earns ₹960 simple interest at 6% a year. For how many years was it kept?
  36. 36.Sara keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Sara get in 1 year?
  37. 37.Aarav keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  38. 38.₹1000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  39. 39.₹500 earns ₹35 simple interest in 1 year. What is the rate of interest per year, in percent?
  40. 40.₹2000 earns ₹720 simple interest at 12% a year. For how many years was it kept?

Answer key

  1. 3
  2. 1
  3. 1
  4. 1
  5. 5
  6. 5
  7. 2
  8. 10
  9. 2220
  10. 1440
  11. 540
  12. 680
  13. 1
  14. 12
  15. 50
  16. 530
  17. 400
  18. 4
  19. 12
  20. 3
  21. 810
  22. 11
  23. 840
  24. 4
  25. 100
  26. 520
  27. 5
  28. 4960
  29. 800
  30. 2
  31. 1
  32. 2
  33. 40
  34. 135
  35. 4
  36. 250
  37. 2220
  38. 4
  39. 7
  40. 3

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