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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 626 · 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.₹1000 earns ₹100 simple interest at 5% a year. For how many years was it kept?
  2. 2.Meera keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  3. 3.₹5000 earns ₹1500 simple interest at 6% a year. For how many years was it kept?
  4. 4.₹1500 earns ₹450 simple interest in 3 years. What is the rate of interest per year, in percent?
  5. 5.Diya keeps ₹2500 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  6. 6.Ishaan keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  7. 7.₹3000 earns ₹1500 simple interest in 5 years. What is the rate of interest per year, in percent?
  8. 8.Riya keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 4 years?
  9. 9.₹4000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  10. 10.Dev keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  11. 11.₹2500 earns ₹400 simple interest at 8% a year. For how many years was it kept?
  12. 12.Sara keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  13. 13.₹3000 earns ₹900 simple interest in 3 years. What is the rate of interest per year, in percent?
  14. 14.Riya keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  15. 15.Ishaan keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  16. 16.₹4000 earns ₹480 simple interest at 12% a year. For how many years was it kept?
  17. 17.Diya keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Diya get in 1 year?
  18. 18.Rohan keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  19. 19.Sara keeps ₹2000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  20. 20.₹1500 earns ₹270 simple interest in 2 years. What is the rate of interest per year, in percent?
  21. 21.Rohan keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  22. 22.Riya keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  23. 23.₹4000 earns ₹1400 simple interest at 7% a year. For how many years was it kept?
  24. 24.Kabir keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  25. 25.Isha keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 1 year?
  26. 26.₹5000 earns ₹2200 simple interest in 4 years. What is the rate of interest per year, in percent?
  27. 27.₹4000 earns ₹1800 simple interest at 9% a year. For how many years was it kept?
  28. 28.₹1500 earns ₹120 simple interest at 2% a year. For how many years was it kept?
  29. 29.Meera keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 3 years?
  30. 30.Arjun keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  31. 31.Arjun keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  32. 32.₹1000 earns ₹120 simple interest in 4 years. What is the rate of interest per year, in percent?
  33. 33.Riya keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 2 years?
  34. 34.₹1500 earns ₹105 simple interest at 7% a year. For how many years was it kept?
  35. 35.₹2500 earns ₹800 simple interest at 8% a year. For how many years was it kept?
  36. 36.Arjun keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  37. 37.₹5000 earns ₹1500 simple interest in 5 years. What is the rate of interest per year, in percent?
  38. 38.₹500 earns ₹50 simple interest in 5 years. What is the rate of interest per year, in percent?
  39. 39.₹500 earns ₹55 simple interest at 11% a year. For how many years was it kept?
  40. 40.Arjun keeps ₹1000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?

Answer key

  1. 2
  2. 520
  3. 5
  4. 10
  5. 2675
  6. 30
  7. 10
  8. 240
  9. 2
  10. 3180
  11. 2
  12. 2550
  13. 10
  14. 1020
  15. 120
  16. 1
  17. 120
  18. 160
  19. 2140
  20. 9
  21. 360
  22. 4840
  23. 5
  24. 575
  25. 25
  26. 11
  27. 5
  28. 4
  29. 675
  30. 320
  31. 60
  32. 3
  33. 240
  34. 1
  35. 4
  36. 100
  37. 6
  38. 2
  39. 1
  40. 1480

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