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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 632 · 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.₹5000 earns ₹1650 simple interest at 11% a year. For how many years was it kept?
  2. 2.₹1000 earns ₹40 simple interest at 4% a year. For how many years was it kept?
  3. 3.Ishaan keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  4. 4.Dev keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 3 years?
  5. 5.Kabir keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  6. 6.₹2500 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  7. 7.₹1500 earns ₹90 simple interest at 6% a year. For how many years was it kept?
  8. 8.Anaya keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  9. 9.Diya keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Diya get in 3 years?
  10. 10.Dev keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  11. 11.₹4000 earns ₹1440 simple interest in 4 years. What is the rate of interest per year, in percent?
  12. 12.₹2000 earns ₹200 simple interest at 5% a year. For how many years was it kept?
  13. 13.Ishaan keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  14. 14.₹3000 earns ₹480 simple interest in 2 years. What is the rate of interest per year, in percent?
  15. 15.₹5000 earns ₹1000 simple interest at 10% a year. For how many years was it kept?
  16. 16.₹4000 earns ₹360 simple interest in 1 year. What is the rate of interest per year, in percent?
  17. 17.Aarav keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  18. 18.₹500 earns ₹50 simple interest in 5 years. What is the rate of interest per year, in percent?
  19. 19.Anaya keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  20. 20.₹5000 earns ₹900 simple interest in 2 years. What is the rate of interest per year, in percent?
  21. 21.₹5000 earns ₹200 simple interest at 2% a year. For how many years was it kept?
  22. 22.Ishaan keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  23. 23.₹1000 earns ₹120 simple interest at 12% a year. For how many years was it kept?
  24. 24.₹2500 earns ₹250 simple interest in 5 years. What is the rate of interest per year, in percent?
  25. 25.₹2500 earns ₹200 simple interest at 4% a year. For how many years was it kept?
  26. 26.₹500 earns ₹80 simple interest in 2 years. What is the rate of interest per year, in percent?
  27. 27.Anaya keeps ₹2500 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  28. 28.₹1500 earns ₹30 simple interest at 2% a year. For how many years was it kept?
  29. 29.₹1000 earns ₹160 simple interest at 4% a year. For how many years was it kept?
  30. 30.Ishaan keeps ₹1500 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  31. 31.Arjun keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  32. 32.Rohan keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  33. 33.₹1000 earns ₹150 simple interest in 5 years. What is the rate of interest per year, in percent?
  34. 34.Rohan keeps ₹2000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  35. 35.Arjun keeps ₹5000 in a bank at 12% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  36. 36.₹2000 earns ₹280 simple interest at 7% a year. For how many years was it kept?
  37. 37.Anaya keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  38. 38.Arjun keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  39. 39.Kabir keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  40. 40.Diya keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Diya get in 5 years?

Answer key

  1. 3
  2. 1
  3. 320
  4. 135
  5. 360
  6. 6
  7. 1
  8. 3180
  9. 375
  10. 580
  11. 9
  12. 2
  13. 960
  14. 8
  15. 2
  16. 9
  17. 900
  18. 2
  19. 4720
  20. 9
  21. 2
  22. 225
  23. 1
  24. 2
  25. 2
  26. 8
  27. 2850
  28. 1
  29. 4
  30. 2250
  31. 1650
  32. 2800
  33. 3
  34. 2280
  35. 1800
  36. 2
  37. 270
  38. 80
  39. 5400
  40. 350

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