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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 620 · 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.₹2500 earns ₹500 simple interest in 2 years. What is the rate of interest per year, in percent?
  2. 2.₹1500 earns ₹600 simple interest at 8% a year. For how many years was it kept?
  3. 3.Isha keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  4. 4.Aarav keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  5. 5.₹2000 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  6. 6.Kabir keeps ₹1000 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  7. 7.Diya keeps ₹3000 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  8. 8.₹4000 earns ₹480 simple interest in 1 year. What is the rate of interest per year, in percent?
  9. 9.Arjun keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  10. 10.Diya keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  11. 11.Isha keeps ₹1500 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  12. 12.₹2000 earns ₹420 simple interest in 3 years. What is the rate of interest per year, in percent?
  13. 13.₹3000 earns ₹450 simple interest at 3% a year. For how many years was it kept?
  14. 14.₹500 earns ₹200 simple interest at 8% a year. For how many years was it kept?
  15. 15.₹1500 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  16. 16.₹5000 earns ₹700 simple interest in 2 years. What is the rate of interest per year, in percent?
  17. 17.₹500 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  18. 18.₹1000 earns ₹550 simple interest in 5 years. What is the rate of interest per year, in percent?
  19. 19.Isha keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Isha get in 5 years?
  20. 20.₹4000 earns ₹160 simple interest at 2% a year. For how many years was it kept?
  21. 21.Ishaan keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  22. 22.Kabir keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  23. 23.Kabir keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  24. 24.Meera keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  25. 25.₹3000 earns ₹1200 simple interest in 5 years. What is the rate of interest per year, in percent?
  26. 26.Anaya keeps ₹4000 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  27. 27.Rohan keeps ₹5000 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  28. 28.₹1000 earns ₹220 simple interest in 2 years. What is the rate of interest per year, in percent?
  29. 29.₹1000 earns ₹120 simple interest at 3% a year. For how many years was it kept?
  30. 30.₹3000 earns ₹480 simple interest in 2 years. What is the rate of interest per year, in percent?
  31. 31.₹4000 earns ₹1760 simple interest in 4 years. What is the rate of interest per year, in percent?
  32. 32.Isha keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Isha get in 1 year?
  33. 33.Dev keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Dev get in 3 years?
  34. 34.₹2500 earns ₹200 simple interest at 2% a year. For how many years was it kept?
  35. 35.₹1500 earns ₹675 simple interest in 5 years. What is the rate of interest per year, in percent?
  36. 36.₹5000 earns ₹2000 simple interest at 8% a year. For how many years was it kept?
  37. 37.₹1000 earns ₹200 simple interest in 4 years. What is the rate of interest per year, in percent?
  38. 38.Sara keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 5 years?
  39. 39.Isha keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  40. 40.₹2000 earns ₹320 simple interest in 2 years. What is the rate of interest per year, in percent?

Answer key

  1. 10
  2. 5
  3. 5200
  4. 1560
  5. 1
  6. 1120
  7. 3750
  8. 12
  9. 50
  10. 3810
  11. 1650
  12. 7
  13. 5
  14. 5
  15. 8
  16. 7
  17. 4
  18. 11
  19. 450
  20. 2
  21. 100
  22. 4200
  23. 120
  24. 1350
  25. 8
  26. 5760
  27. 7750
  28. 11
  29. 4
  30. 8
  31. 11
  32. 10
  33. 540
  34. 4
  35. 9
  36. 5
  37. 5
  38. 450
  39. 2600
  40. 8

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