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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 625 · 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 ₹240 simple interest in 1 year. What is the rate of interest per year, in percent?
  2. 2.Diya keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Diya get in 4 years?
  3. 3.₹1000 earns ₹180 simple interest at 6% a year. For how many years was it kept?
  4. 4.Sara keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  5. 5.₹5000 earns ₹450 simple interest at 3% a year. For how many years was it kept?
  6. 6.Anaya keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  7. 7.₹1000 earns ₹480 simple interest in 4 years. What is the rate of interest per year, in percent?
  8. 8.Aarav keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  9. 9.₹5000 earns ₹800 simple interest at 8% a year. For how many years was it kept?
  10. 10.Ishaan keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  11. 11.Aarav keeps ₹5000 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  12. 12.₹3000 earns ₹180 simple interest at 6% a year. For how many years was it kept?
  13. 13.₹500 earns ₹135 simple interest in 3 years. What is the rate of interest per year, in percent?
  14. 14.Meera keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  15. 15.Aarav keeps ₹2000 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  16. 16.₹1000 earns ₹280 simple interest in 4 years. What is the rate of interest per year, in percent?
  17. 17.₹2000 earns ₹1200 simple interest in 5 years. What is the rate of interest per year, in percent?
  18. 18.₹4000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  19. 19.₹2500 earns ₹50 simple interest at 2% a year. For how many years was it kept?
  20. 20.Ishaan keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  21. 21.₹3000 earns ₹1320 simple interest in 4 years. What is the rate of interest per year, in percent?
  22. 22.Isha keeps ₹5000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  23. 23.Meera keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  24. 24.₹5000 earns ₹300 simple interest in 1 year. What is the rate of interest per year, in percent?
  25. 25.₹1500 earns ₹120 simple interest in 4 years. What is the rate of interest per year, in percent?
  26. 26.Aarav keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  27. 27.Aarav keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  28. 28.₹2000 earns ₹280 simple interest at 7% a year. For how many years was it kept?
  29. 29.Ishaan keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  30. 30.₹500 earns ₹10 simple interest in 1 year. What is the rate of interest per year, in percent?
  31. 31.Ishaan keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  32. 32.Sara keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Sara get in 1 year?
  33. 33.₹2000 earns ₹720 simple interest in 4 years. What is the rate of interest per year, in percent?
  34. 34.Riya keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  35. 35.₹1000 earns ₹120 simple interest at 12% a year. For how many years was it kept?
  36. 36.₹2000 earns ₹800 simple interest at 8% a year. For how many years was it kept?
  37. 37.Rohan keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  38. 38.₹4000 earns ₹1320 simple interest in 3 years. What is the rate of interest per year, in percent?
  39. 39.Arjun keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  40. 40.₹500 earns ₹30 simple interest at 2% a year. For how many years was it kept?

Answer key

  1. 12
  2. 1400
  3. 3
  4. 1860
  5. 3
  6. 800
  7. 12
  8. 160
  9. 2
  10. 3400
  11. 7200
  12. 1
  13. 9
  14. 2080
  15. 2220
  16. 7
  17. 12
  18. 3
  19. 1
  20. 450
  21. 11
  22. 5400
  23. 2480
  24. 6
  25. 2
  26. 300
  27. 1920
  28. 2
  29. 160
  30. 2
  31. 4400
  32. 360
  33. 9
  34. 2200
  35. 1
  36. 5
  37. 200
  38. 11
  39. 7400
  40. 3

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