← Simple interest and the rate lesson New set →

Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 634 · 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.₹3000 earns ₹270 simple interest at 3% a year. For how many years was it kept?
  2. 2.₹4000 earns ₹640 simple interest in 4 years. What is the rate of interest per year, in percent?
  3. 3.Rohan keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  4. 4.Kabir keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  5. 5.Aarav keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  6. 6.Diya keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 4 years?
  7. 7.Rohan keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  8. 8.Rohan keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  9. 9.Anaya keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  10. 10.₹2000 earns ₹180 simple interest at 9% a year. For how many years was it kept?
  11. 11.₹5000 earns ₹1600 simple interest in 4 years. What is the rate of interest per year, in percent?
  12. 12.₹1500 earns ₹525 simple interest at 7% a year. For how many years was it kept?
  13. 13.Isha keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  14. 14.₹1000 earns ₹90 simple interest at 9% a year. For how many years was it kept?
  15. 15.Anaya keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  16. 16.₹3000 earns ₹60 simple interest at 2% a year. For how many years was it kept?
  17. 17.Riya keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  18. 18.Ishaan keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  19. 19.Aarav keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  20. 20.Isha keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 3 years?
  21. 21.₹500 earns ₹75 simple interest at 3% a year. For how many years was it kept?
  22. 22.₹2000 earns ₹80 simple interest in 2 years. What is the rate of interest per year, in percent?
  23. 23.₹2000 earns ₹440 simple interest at 11% a year. For how many years was it kept?
  24. 24.₹4000 earns ₹1920 simple interest at 12% a year. For how many years was it kept?
  25. 25.Kabir keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  26. 26.Isha keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Isha get in 2 years?
  27. 27.₹500 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  28. 28.Arjun keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  29. 29.₹4000 earns ₹320 simple interest at 4% a year. For how many years was it kept?
  30. 30.₹1000 earns ₹120 simple interest at 6% a year. For how many years was it kept?
  31. 31.₹1000 earns ₹480 simple interest in 4 years. What is the rate of interest per year, in percent?
  32. 32.Riya keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 4 years?
  33. 33.₹4000 earns ₹880 simple interest in 2 years. What is the rate of interest per year, in percent?
  34. 34.Arjun keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  35. 35.₹1500 earns ₹495 simple interest at 11% a year. For how many years was it kept?
  36. 36.Ishaan keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  37. 37.₹500 earns ₹275 simple interest at 11% a year. For how many years was it kept?
  38. 38.₹5000 earns ₹1200 simple interest at 12% a year. For how many years was it kept?
  39. 39.Dev keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  40. 40.₹500 earns ₹50 simple interest at 2% a year. For how many years was it kept?

Answer key

  1. 3
  2. 4
  3. 610
  4. 140
  5. 40
  6. 240
  7. 515
  8. 3060
  9. 80
  10. 1
  11. 8
  12. 5
  13. 3240
  14. 1
  15. 1400
  16. 1
  17. 1500
  18. 160
  19. 120
  20. 300
  21. 5
  22. 2
  23. 2
  24. 4
  25. 200
  26. 1000
  27. 4
  28. 3000
  29. 2
  30. 2
  31. 12
  32. 200
  33. 11
  34. 1060
  35. 3
  36. 150
  37. 5
  38. 2
  39. 1150
  40. 5

Free percentage lessons, practice and worksheets at talentjr.in/how-to-calculate-percentage