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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 610 · 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.₹2000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  2. 2.₹500 earns ₹40 simple interest in 4 years. What is the rate of interest per year, in percent?
  3. 3.Rohan keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  4. 4.₹2500 earns ₹100 simple interest at 2% a year. For how many years was it kept?
  5. 5.₹4000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  6. 6.₹500 earns ₹120 simple interest at 6% a year. For how many years was it kept?
  7. 7.Isha keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Isha get in 2 years?
  8. 8.₹1500 earns ₹495 simple interest in 3 years. What is the rate of interest per year, in percent?
  9. 9.Riya keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 2 years?
  10. 10.₹3000 earns ₹540 simple interest in 3 years. What is the rate of interest per year, in percent?
  11. 11.Aarav keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  12. 12.Rohan keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  13. 13.Riya keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  14. 14.₹1500 earns ₹450 simple interest in 5 years. What is the rate of interest per year, in percent?
  15. 15.Kabir keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  16. 16.Riya keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  17. 17.₹5000 earns ₹550 simple interest at 11% a year. For how many years was it kept?
  18. 18.₹2500 earns ₹300 simple interest in 1 year. What is the rate of interest per year, in percent?
  19. 19.Aarav keeps ₹2500 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  20. 20.₹500 earns ₹150 simple interest in 3 years. What is the rate of interest per year, in percent?
  21. 21.Meera keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 3 years?
  22. 22.Dev keeps ₹2000 in a bank at 11% simple interest a year. How many rupees of interest does Dev get in 4 years?
  23. 23.Ishaan keeps ₹4000 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  24. 24.₹3000 earns ₹1800 simple interest in 5 years. What is the rate of interest per year, in percent?
  25. 25.Anaya keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  26. 26.Sara keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  27. 27.Ishaan keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  28. 28.Diya keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 3 years?
  29. 29.₹4000 earns ₹880 simple interest at 11% a year. For how many years was it kept?
  30. 30.Dev keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 5 years?
  31. 31.Ishaan keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  32. 32.₹500 earns ₹30 simple interest in 3 years. What is the rate of interest per year, in percent?
  33. 33.Isha keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Isha get in 2 years?
  34. 34.₹4000 earns ₹360 simple interest at 3% a year. For how many years was it kept?
  35. 35.₹1000 earns ₹50 simple interest at 5% a year. For how many years was it kept?
  36. 36.₹500 earns ₹100 simple interest at 4% a year. For how many years was it kept?
  37. 37.Meera keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 4 years?
  38. 38.₹1500 earns ₹75 simple interest at 5% a year. For how many years was it kept?
  39. 39.Riya keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 4 years?
  40. 40.₹2500 earns ₹600 simple interest at 6% a year. For how many years was it kept?

Answer key

  1. 6
  2. 2
  3. 35
  4. 2
  5. 3
  6. 4
  7. 270
  8. 11
  9. 160
  10. 6
  11. 5350
  12. 2575
  13. 3450
  14. 6
  15. 1400
  16. 1080
  17. 1
  18. 12
  19. 3000
  20. 10
  21. 960
  22. 880
  23. 5320
  24. 12
  25. 535
  26. 5100
  27. 700
  28. 990
  29. 2
  30. 1400
  31. 40
  32. 2
  33. 70
  34. 3
  35. 1
  36. 5
  37. 320
  38. 1
  39. 400
  40. 4

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