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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 627 · 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 ₹400 simple interest in 5 years. What is the rate of interest per year, in percent?
  2. 2.Sara keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  3. 3.₹5000 earns ₹600 simple interest in 4 years. What is the rate of interest per year, in percent?
  4. 4.Meera keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  5. 5.₹1000 earns ₹330 simple interest at 11% a year. For how many years was it kept?
  6. 6.₹3000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  7. 7.Riya keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Riya get in 4 years?
  8. 8.₹500 earns ₹135 simple interest in 3 years. What is the rate of interest per year, in percent?
  9. 9.₹5000 earns ₹300 simple interest at 6% a year. For how many years was it kept?
  10. 10.₹2500 earns ₹1100 simple interest in 4 years. What is the rate of interest per year, in percent?
  11. 11.₹3000 earns ₹1440 simple interest in 4 years. What is the rate of interest per year, in percent?
  12. 12.Rohan keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  13. 13.₹500 earns ₹70 simple interest at 7% a year. For how many years was it kept?
  14. 14.Riya keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 1 year?
  15. 15.₹1500 earns ₹225 simple interest in 5 years. What is the rate of interest per year, in percent?
  16. 16.₹1500 earns ₹180 simple interest at 3% a year. For how many years was it kept?
  17. 17.₹3000 earns ₹360 simple interest in 1 year. What is the rate of interest per year, in percent?
  18. 18.Ishaan keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  19. 19.Arjun keeps ₹5000 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  20. 20.₹1500 earns ₹225 simple interest in 3 years. What is the rate of interest per year, in percent?
  21. 21.₹1000 earns ₹40 simple interest in 2 years. What is the rate of interest per year, in percent?
  22. 22.₹500 earns ₹165 simple interest in 3 years. What is the rate of interest per year, in percent?
  23. 23.₹2000 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  24. 24.₹2000 earns ₹140 simple interest at 7% a year. For how many years was it kept?
  25. 25.Sara keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 2 years?
  26. 26.₹3000 earns ₹1320 simple interest in 4 years. What is the rate of interest per year, in percent?
  27. 27.₹1000 earns ₹120 simple interest at 6% a year. For how many years was it kept?
  28. 28.Riya keeps ₹4000 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  29. 29.Rohan keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  30. 30.Kabir keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  31. 31.Isha keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  32. 32.Aarav keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  33. 33.Isha keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  34. 34.Rohan keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  35. 35.Kabir keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  36. 36.₹3000 earns ₹240 simple interest at 8% a year. For how many years was it kept?
  37. 37.Ishaan keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  38. 38.₹2500 earns ₹275 simple interest at 11% a year. For how many years was it kept?
  39. 39.Anaya keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  40. 40.₹500 earns ₹80 simple interest at 8% a year. For how many years was it kept?

Answer key

  1. 4
  2. 700
  3. 3
  4. 3330
  5. 3
  6. 4
  7. 1120
  8. 9
  9. 1
  10. 11
  11. 12
  12. 720
  13. 2
  14. 25
  15. 3
  16. 4
  17. 12
  18. 60
  19. 6600
  20. 5
  21. 2
  22. 11
  23. 5
  24. 1
  25. 180
  26. 11
  27. 2
  28. 6200
  29. 1500
  30. 330
  31. 1860
  32. 800
  33. 520
  34. 50
  35. 1300
  36. 1
  37. 1140
  38. 1
  39. 2750
  40. 2

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