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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 628 · 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.Meera keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  2. 2.Kabir keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  3. 3.Riya keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  4. 4.Sara keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Sara get in 3 years?
  5. 5.Dev keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  6. 6.₹1500 earns ₹60 simple interest at 4% a year. For how many years was it kept?
  7. 7.₹2500 earns ₹300 simple interest at 4% a year. For how many years was it kept?
  8. 8.Ishaan keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  9. 9.₹500 earns ₹75 simple interest at 5% a year. For how many years was it kept?
  10. 10.₹2500 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  11. 11.Sara keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Sara get in 1 year?
  12. 12.₹500 earns ₹150 simple interest at 10% a year. For how many years was it kept?
  13. 13.₹5000 earns ₹2500 simple interest in 5 years. What is the rate of interest per year, in percent?
  14. 14.Diya keeps ₹5000 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  15. 15.₹4000 earns ₹960 simple interest at 6% a year. For how many years was it kept?
  16. 16.Meera keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  17. 17.Meera keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  18. 18.₹1000 earns ₹40 simple interest in 2 years. What is the rate of interest per year, in percent?
  19. 19.Rohan keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  20. 20.Ishaan keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  21. 21.₹2000 earns ₹960 simple interest in 4 years. What is the rate of interest per year, in percent?
  22. 22.₹1500 earns ₹360 simple interest in 2 years. What is the rate of interest per year, in percent?
  23. 23.₹3000 earns ₹270 simple interest at 9% a year. For how many years was it kept?
  24. 24.Aarav keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  25. 25.₹500 earns ₹140 simple interest in 4 years. What is the rate of interest per year, in percent?
  26. 26.₹5000 earns ₹2000 simple interest in 4 years. What is the rate of interest per year, in percent?
  27. 27.Anaya keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  28. 28.Diya keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 2 years?
  29. 29.Ishaan keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  30. 30.₹4000 earns ₹1800 simple interest at 9% a year. For how many years was it kept?
  31. 31.Anaya keeps ₹2000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  32. 32.Diya keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  33. 33.Rohan keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  34. 34.₹2500 earns ₹375 simple interest at 5% a year. For how many years was it kept?
  35. 35.Sara keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  36. 36.Rohan keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  37. 37.₹1500 earns ₹900 simple interest at 12% a year. For how many years was it kept?
  38. 38.Kabir keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  39. 39.Arjun keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  40. 40.₹2000 earns ₹960 simple interest at 12% a year. For how many years was it kept?

Answer key

  1. 1680
  2. 400
  3. 3630
  4. 240
  5. 4640
  6. 1
  7. 3
  8. 2250
  9. 3
  10. 2
  11. 75
  12. 3
  13. 10
  14. 5550
  15. 4
  16. 5120
  17. 2200
  18. 2
  19. 3720
  20. 160
  21. 12
  22. 12
  23. 1
  24. 1620
  25. 7
  26. 10
  27. 2040
  28. 180
  29. 1320
  30. 5
  31. 2140
  32. 1860
  33. 225
  34. 3
  35. 1800
  36. 2080
  37. 5
  38. 545
  39. 535
  40. 4

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