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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 623 · 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.Diya keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 1 year?
  2. 2.₹1500 earns ₹300 simple interest at 4% a year. For how many years was it kept?
  3. 3.Ishaan keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  4. 4.Arjun keeps ₹1500 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  5. 5.₹5000 earns ₹800 simple interest in 2 years. What is the rate of interest per year, in percent?
  6. 6.₹4000 earns ₹1760 simple interest in 4 years. What is the rate of interest per year, in percent?
  7. 7.₹500 earns ₹60 simple interest at 6% a year. For how many years was it kept?
  8. 8.Sara keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Sara get in 1 year?
  9. 9.Meera keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 1 year?
  10. 10.Sara keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  11. 11.₹5000 earns ₹1750 simple interest in 5 years. What is the rate of interest per year, in percent?
  12. 12.₹4000 earns ₹1440 simple interest at 9% a year. For how many years was it kept?
  13. 13.Dev keeps ₹5000 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 3 years?
  14. 14.Meera keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 2 years?
  15. 15.₹4000 earns ₹640 simple interest at 8% a year. For how many years was it kept?
  16. 16.₹2000 earns ₹600 simple interest at 10% a year. For how many years was it kept?
  17. 17.₹3000 earns ₹720 simple interest at 12% a year. For how many years was it kept?
  18. 18.Kabir keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  19. 19.Rohan keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  20. 20.₹500 earns ₹15 simple interest at 3% a year. For how many years was it kept?
  21. 21.Kabir keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  22. 22.Diya keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 3 years?
  23. 23.Riya keeps ₹2500 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 1 year?
  24. 24.Meera keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  25. 25.₹2500 earns ₹150 simple interest at 6% a year. For how many years was it kept?
  26. 26.₹3000 earns ₹840 simple interest in 4 years. What is the rate of interest per year, in percent?
  27. 27.Sara keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Sara get in 5 years?
  28. 28.Ishaan keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  29. 29.Meera keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  30. 30.Aarav keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  31. 31.₹1500 earns ₹480 simple interest at 8% a year. For how many years was it kept?
  32. 32.Sara keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 1 year?
  33. 33.₹3000 earns ₹480 simple interest in 4 years. What is the rate of interest per year, in percent?
  34. 34.Sara keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  35. 35.Kabir keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  36. 36.Anaya keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  37. 37.Meera keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  38. 38.₹5000 earns ₹500 simple interest at 5% a year. For how many years was it kept?
  39. 39.Riya keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Riya get in 1 year?
  40. 40.Riya keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 5 years?

Answer key

  1. 15
  2. 5
  3. 400
  4. 1665
  5. 8
  6. 11
  7. 2
  8. 150
  9. 200
  10. 3810
  11. 7
  12. 4
  13. 1800
  14. 600
  15. 2
  16. 3
  17. 2
  18. 2480
  19. 600
  20. 1
  21. 1030
  22. 1320
  23. 150
  24. 560
  25. 1
  26. 7
  27. 675
  28. 240
  29. 530
  30. 600
  31. 4
  32. 40
  33. 4
  34. 520
  35. 1545
  36. 280
  37. 4320
  38. 2
  39. 50
  40. 500

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