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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 613 · 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.Riya keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 4 years?
  2. 2.₹500 earns ₹20 simple interest in 1 year. What is the rate of interest per year, in percent?
  3. 3.Arjun keeps ₹5000 in a bank at 12% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  4. 4.Riya keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 2 years?
  5. 5.₹500 earns ₹110 simple interest at 11% a year. For how many years was it kept?
  6. 6.₹1000 earns ₹500 simple interest at 10% a year. For how many years was it kept?
  7. 7.₹4000 earns ₹640 simple interest at 4% a year. For how many years was it kept?
  8. 8.₹5000 earns ₹250 simple interest at 5% a year. For how many years was it kept?
  9. 9.Meera keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  10. 10.Riya keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  11. 11.₹1000 earns ₹250 simple interest in 5 years. What is the rate of interest per year, in percent?
  12. 12.Diya keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  13. 13.₹1500 earns ₹420 simple interest in 4 years. What is the rate of interest per year, in percent?
  14. 14.₹2500 earns ₹75 simple interest in 1 year. What is the rate of interest per year, in percent?
  15. 15.₹1500 earns ₹165 simple interest in 1 year. What is the rate of interest per year, in percent?
  16. 16.₹2500 earns ₹300 simple interest at 4% a year. For how many years was it kept?
  17. 17.₹1000 earns ₹30 simple interest at 3% a year. For how many years was it kept?
  18. 18.₹4000 earns ₹320 simple interest at 4% a year. For how many years was it kept?
  19. 19.₹500 earns ₹110 simple interest in 2 years. What is the rate of interest per year, in percent?
  20. 20.Meera keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  21. 21.Meera keeps ₹500 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  22. 22.Dev keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Dev get in 3 years?
  23. 23.Isha keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Isha get in 1 year?
  24. 24.₹500 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  25. 25.₹3000 earns ₹1050 simple interest in 5 years. What is the rate of interest per year, in percent?
  26. 26.Riya keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  27. 27.Anaya keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  28. 28.Riya keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 5 years?
  29. 29.₹500 earns ₹35 simple interest at 7% a year. For how many years was it kept?
  30. 30.Kabir keeps ₹1500 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  31. 31.Aarav keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  32. 32.₹3000 earns ₹120 simple interest at 4% a year. For how many years was it kept?
  33. 33.₹4000 earns ₹440 simple interest at 11% a year. For how many years was it kept?
  34. 34.Sara keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Sara get in 2 years?
  35. 35.₹500 earns ₹40 simple interest in 2 years. What is the rate of interest per year, in percent?
  36. 36.Isha keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 3 years?
  37. 37.₹1000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  38. 38.Rohan keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  39. 39.Rohan keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  40. 40.Rohan keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Rohan get in 2 years?

Answer key

  1. 480
  2. 4
  3. 600
  4. 80
  5. 2
  6. 5
  7. 4
  8. 1
  9. 2550
  10. 2160
  11. 5
  12. 5120
  13. 7
  14. 3
  15. 11
  16. 3
  17. 1
  18. 2
  19. 11
  20. 620
  21. 560
  22. 375
  23. 80
  24. 10
  25. 7
  26. 3270
  27. 4840
  28. 300
  29. 1
  30. 1605
  31. 160
  32. 1
  33. 1
  34. 600
  35. 4
  36. 225
  37. 6
  38. 160
  39. 540
  40. 100

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