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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 638 · 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.Anaya keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  2. 2.₹2000 earns ₹480 simple interest at 12% a year. For how many years was it kept?
  3. 3.₹4000 earns ₹440 simple interest at 11% a year. For how many years was it kept?
  4. 4.Kabir keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  5. 5.₹1500 earns ₹150 simple interest at 2% a year. For how many years was it kept?
  6. 6.Diya keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 1 year?
  7. 7.Diya keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  8. 8.₹2000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  9. 9.Arjun keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  10. 10.Isha keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Isha get in 2 years?
  11. 11.Arjun keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  12. 12.₹2000 earns ₹80 simple interest in 2 years. What is the rate of interest per year, in percent?
  13. 13.₹2500 earns ₹125 simple interest at 5% a year. For how many years was it kept?
  14. 14.₹5000 earns ₹900 simple interest in 3 years. What is the rate of interest per year, in percent?
  15. 15.Dev keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  16. 16.₹5000 earns ₹1200 simple interest at 6% a year. For how many years was it kept?
  17. 17.₹1500 earns ₹45 simple interest in 1 year. What is the rate of interest per year, in percent?
  18. 18.₹4000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  19. 19.Ishaan keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  20. 20.Isha keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Isha get in 1 year?
  21. 21.₹1000 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  22. 22.Aarav keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  23. 23.₹500 earns ₹125 simple interest at 5% a year. For how many years was it kept?
  24. 24.₹1000 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  25. 25.₹2000 earns ₹180 simple interest in 1 year. What is the rate of interest per year, in percent?
  26. 26.₹5000 earns ₹200 simple interest in 1 year. What is the rate of interest per year, in percent?
  27. 27.₹2000 earns ₹160 simple interest at 4% a year. For how many years was it kept?
  28. 28.₹1500 earns ₹105 simple interest at 7% a year. For how many years was it kept?
  29. 29.Meera keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 3 years?
  30. 30.₹1500 earns ₹180 simple interest at 6% a year. For how many years was it kept?
  31. 31.₹3000 earns ₹540 simple interest at 9% a year. For how many years was it kept?
  32. 32.Sara keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Sara get in 2 years?
  33. 33.₹1000 earns ₹600 simple interest at 12% a year. For how many years was it kept?
  34. 34.Ishaan keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  35. 35.Diya keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Diya get in 4 years?
  36. 36.Arjun keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  37. 37.Isha keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  38. 38.₹1000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  39. 39.Diya keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Diya get in 4 years?
  40. 40.Rohan keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?

Answer key

  1. 620
  2. 2
  3. 1
  4. 5350
  5. 5
  6. 120
  7. 1070
  8. 6
  9. 2160
  10. 120
  11. 320
  12. 2
  13. 1
  14. 6
  15. 2600
  16. 4
  17. 3
  18. 1
  19. 4600
  20. 360
  21. 6
  22. 240
  23. 5
  24. 2
  25. 9
  26. 4
  27. 2
  28. 1
  29. 60
  30. 2
  31. 2
  32. 600
  33. 5
  34. 240
  35. 100
  36. 640
  37. 530
  38. 12
  39. 600
  40. 3240

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