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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 624 · 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 ₹480 simple interest at 12% a year. For how many years was it kept?
  2. 2.₹3000 earns ₹720 simple interest at 6% a year. For how many years was it kept?
  3. 3.₹2500 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  4. 4.Ishaan keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  5. 5.Sara keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  6. 6.₹3000 earns ₹480 simple interest at 4% a year. For how many years was it kept?
  7. 7.₹500 earns ₹40 simple interest at 4% a year. For how many years was it kept?
  8. 8.₹2500 earns ₹1100 simple interest in 4 years. What is the rate of interest per year, in percent?
  9. 9.₹5000 earns ₹3000 simple interest in 5 years. What is the rate of interest per year, in percent?
  10. 10.₹2000 earns ₹240 simple interest at 6% a year. For how many years was it kept?
  11. 11.Riya keeps ₹5000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  12. 12.Arjun keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  13. 13.₹3000 earns ₹720 simple interest in 2 years. What is the rate of interest per year, in percent?
  14. 14.₹3000 earns ₹90 simple interest at 3% a year. For how many years was it kept?
  15. 15.Kabir keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  16. 16.₹3000 earns ₹420 simple interest in 2 years. What is the rate of interest per year, in percent?
  17. 17.Isha keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 1 year?
  18. 18.₹1500 earns ₹375 simple interest at 5% a year. For how many years was it kept?
  19. 19.Anaya keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  20. 20.Ishaan keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  21. 21.Aarav keeps ₹4000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  22. 22.₹500 earns ₹225 simple interest at 9% a year. For how many years was it kept?
  23. 23.₹5000 earns ₹1500 simple interest in 3 years. What is the rate of interest per year, in percent?
  24. 24.Sara keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Sara get in 4 years?
  25. 25.₹500 earns ₹45 simple interest in 3 years. What is the rate of interest per year, in percent?
  26. 26.Anaya keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  27. 27.₹1000 earns ₹240 simple interest in 4 years. What is the rate of interest per year, in percent?
  28. 28.Aarav keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  29. 29.Isha keeps ₹2000 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  30. 30.₹2500 earns ₹75 simple interest in 1 year. What is the rate of interest per year, in percent?
  31. 31.₹2500 earns ₹600 simple interest at 8% a year. For how many years was it kept?
  32. 32.Arjun keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  33. 33.₹2500 earns ₹225 simple interest at 9% a year. For how many years was it kept?
  34. 34.₹3000 earns ₹360 simple interest in 4 years. What is the rate of interest per year, in percent?
  35. 35.₹4000 earns ₹1280 simple interest in 4 years. What is the rate of interest per year, in percent?
  36. 36.Sara keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  37. 37.₹5000 earns ₹1800 simple interest at 12% a year. For how many years was it kept?
  38. 38.₹1500 earns ₹165 simple interest at 11% a year. For how many years was it kept?
  39. 39.Meera keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  40. 40.Arjun keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Arjun get in 1 year?

Answer key

  1. 2
  2. 4
  3. 6
  4. 5400
  5. 3840
  6. 4
  7. 2
  8. 11
  9. 12
  10. 2
  11. 5600
  12. 2240
  13. 12
  14. 1
  15. 4640
  16. 7
  17. 150
  18. 5
  19. 3700
  20. 540
  21. 5920
  22. 5
  23. 10
  24. 280
  25. 3
  26. 280
  27. 6
  28. 5150
  29. 3100
  30. 3
  31. 3
  32. 1350
  33. 1
  34. 3
  35. 8
  36. 1040
  37. 3
  38. 1
  39. 1560
  40. 360

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