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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 639 · 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.Diya keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Diya get in 1 year?
  2. 2.Sara keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  3. 3.Diya keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  4. 4.₹500 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  5. 5.₹1500 earns ₹105 simple interest in 1 year. What is the rate of interest per year, in percent?
  6. 6.Ishaan keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  7. 7.₹1000 earns ₹250 simple interest at 5% a year. For how many years was it kept?
  8. 8.Riya keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 4 years?
  9. 9.₹1500 earns ₹525 simple interest in 5 years. What is the rate of interest per year, in percent?
  10. 10.Arjun keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  11. 11.Kabir keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  12. 12.₹2500 earns ₹450 simple interest at 9% a year. For how many years was it kept?
  13. 13.₹1000 earns ₹480 simple interest in 4 years. What is the rate of interest per year, in percent?
  14. 14.Aarav keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  15. 15.Meera keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  16. 16.Diya keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  17. 17.₹5000 earns ₹2250 simple interest in 5 years. What is the rate of interest per year, in percent?
  18. 18.₹500 earns ₹50 simple interest in 5 years. What is the rate of interest per year, in percent?
  19. 19.Isha keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 3 years?
  20. 20.Rohan keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  21. 21.₹500 earns ₹165 simple interest in 3 years. What is the rate of interest per year, in percent?
  22. 22.Arjun keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  23. 23.₹4000 earns ₹1440 simple interest at 12% a year. For how many years was it kept?
  24. 24.₹500 earns ₹30 simple interest at 6% a year. For how many years was it kept?
  25. 25.₹3000 earns ₹900 simple interest in 5 years. What is the rate of interest per year, in percent?
  26. 26.₹5000 earns ₹450 simple interest at 9% a year. For how many years was it kept?
  27. 27.Meera keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Meera get in 1 year?
  28. 28.Dev keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  29. 29.Arjun keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  30. 30.Riya keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  31. 31.Meera keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Meera get in 2 years?
  32. 32.₹4000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  33. 33.₹4000 earns ₹400 simple interest in 1 year. What is the rate of interest per year, in percent?
  34. 34.Ishaan keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  35. 35.Sara keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 5 years?
  36. 36.Arjun keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  37. 37.₹1000 earns ₹220 simple interest in 2 years. What is the rate of interest per year, in percent?
  38. 38.₹500 earns ₹25 simple interest at 5% a year. For how many years was it kept?
  39. 39.₹500 earns ₹20 simple interest at 4% a year. For how many years was it kept?
  40. 40.₹500 earns ₹220 simple interest in 4 years. What is the rate of interest per year, in percent?

Answer key

  1. 90
  2. 3360
  3. 1140
  4. 4
  5. 7
  6. 90
  7. 5
  8. 640
  9. 7
  10. 15
  11. 80
  12. 2
  13. 12
  14. 30
  15. 4200
  16. 1450
  17. 9
  18. 2
  19. 150
  20. 5750
  21. 11
  22. 640
  23. 3
  24. 1
  25. 6
  26. 1
  27. 165
  28. 4400
  29. 250
  30. 2160
  31. 300
  32. 3
  33. 10
  34. 250
  35. 225
  36. 120
  37. 11
  38. 1
  39. 1
  40. 11

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