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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 631 · 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.Riya keeps ₹2500 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 2 years?
  2. 2.Riya keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Riya get in 5 years?
  3. 3.₹5000 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  4. 4.₹5000 earns ₹600 simple interest at 3% a year. For how many years was it kept?
  5. 5.Kabir keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  6. 6.₹2000 earns ₹240 simple interest at 6% a year. For how many years was it kept?
  7. 7.₹4000 earns ₹2400 simple interest in 5 years. What is the rate of interest per year, in percent?
  8. 8.₹1000 earns ₹180 simple interest at 9% a year. For how many years was it kept?
  9. 9.₹1000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  10. 10.Arjun keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  11. 11.Aarav keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  12. 12.₹500 earns ₹50 simple interest at 5% a year. For how many years was it kept?
  13. 13.Anaya keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  14. 14.₹2000 earns ₹720 simple interest at 12% a year. For how many years was it kept?
  15. 15.₹500 earns ₹165 simple interest at 11% a year. For how many years was it kept?
  16. 16.Riya keeps ₹2000 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 5 years?
  17. 17.Kabir keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  18. 18.₹5000 earns ₹200 simple interest in 1 year. What is the rate of interest per year, in percent?
  19. 19.Dev keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  20. 20.₹500 earns ₹75 simple interest in 5 years. What is the rate of interest per year, in percent?
  21. 21.₹4000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  22. 22.Sara keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 1 year?
  23. 23.Dev keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 1 year?
  24. 24.Arjun keeps ₹2500 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  25. 25.₹3000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  26. 26.Sara keeps ₹2000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  27. 27.Sara keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Sara get in 4 years?
  28. 28.Kabir keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  29. 29.Diya keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  30. 30.₹3000 earns ₹1080 simple interest at 12% a year. For how many years was it kept?
  31. 31.₹4000 earns ₹600 simple interest at 3% a year. For how many years was it kept?
  32. 32.₹3000 earns ₹720 simple interest at 12% a year. For how many years was it kept?
  33. 33.Anaya keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  34. 34.₹2500 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  35. 35.Aarav keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  36. 36.₹1000 earns ₹60 simple interest in 3 years. What is the rate of interest per year, in percent?
  37. 37.₹2000 earns ₹80 simple interest in 1 year. What is the rate of interest per year, in percent?
  38. 38.₹2000 earns ₹400 simple interest in 5 years. What is the rate of interest per year, in percent?
  39. 39.₹4000 earns ₹480 simple interest at 3% a year. For how many years was it kept?
  40. 40.₹500 earns ₹60 simple interest at 4% a year. For how many years was it kept?

Answer key

  1. 300
  2. 525
  3. 3
  4. 4
  5. 810
  6. 2
  7. 12
  8. 2
  9. 12
  10. 600
  11. 105
  12. 2
  13. 2750
  14. 3
  15. 3
  16. 900
  17. 1200
  18. 4
  19. 2160
  20. 3
  21. 2
  22. 20
  23. 240
  24. 2625
  25. 4
  26. 2900
  27. 1120
  28. 1590
  29. 3120
  30. 3
  31. 5
  32. 2
  33. 250
  34. 4
  35. 300
  36. 2
  37. 4
  38. 4
  39. 4
  40. 3

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