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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 641 · 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.₹500 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  2. 2.Riya keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 5 years?
  3. 3.₹1000 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
  4. 4.Dev keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  5. 5.₹4000 earns ₹200 simple interest in 1 year. What is the rate of interest per year, in percent?
  6. 6.₹500 earns ₹45 simple interest at 3% a year. For how many years was it kept?
  7. 7.Isha keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 4 years?
  8. 8.₹4000 earns ₹1760 simple interest in 4 years. What is the rate of interest per year, in percent?
  9. 9.Riya keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 1 year?
  10. 10.Meera keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 5 years?
  11. 11.Sara keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 1 year?
  12. 12.Kabir keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  13. 13.₹1000 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  14. 14.₹5000 earns ₹300 simple interest at 6% a year. For how many years was it kept?
  15. 15.Anaya keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  16. 16.₹5000 earns ₹1350 simple interest in 3 years. What is the rate of interest per year, in percent?
  17. 17.₹1000 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  18. 18.₹5000 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  19. 19.Dev keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  20. 20.Kabir keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  21. 21.₹500 earns ₹120 simple interest at 6% a year. For how many years was it kept?
  22. 22.Sara keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 1 year?
  23. 23.Rohan keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  24. 24.Meera keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 3 years?
  25. 25.₹500 earns ₹90 simple interest at 6% a year. For how many years was it kept?
  26. 26.Meera keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Meera get in 2 years?
  27. 27.Aarav keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  28. 28.₹2500 earns ₹875 simple interest at 7% a year. For how many years was it kept?
  29. 29.Sara keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Sara get in 3 years?
  30. 30.₹2500 earns ₹250 simple interest in 1 year. What is the rate of interest per year, in percent?
  31. 31.Aarav keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  32. 32.₹3000 earns ₹240 simple interest at 8% a year. For how many years was it kept?
  33. 33.Isha keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  34. 34.₹1500 earns ₹45 simple interest in 1 year. What is the rate of interest per year, in percent?
  35. 35.Sara keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Sara get in 3 years?
  36. 36.Dev keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  37. 37.₹4000 earns ₹480 simple interest at 4% a year. For how many years was it kept?
  38. 38.₹1500 earns ₹660 simple interest in 4 years. What is the rate of interest per year, in percent?
  39. 39.Aarav keeps ₹1500 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  40. 40.₹4000 earns ₹1080 simple interest in 3 years. What is the rate of interest per year, in percent?

Answer key

  1. 4
  2. 900
  3. 3
  4. 3180
  5. 5
  6. 3
  7. 1000
  8. 11
  9. 60
  10. 1800
  11. 100
  12. 120
  13. 10
  14. 1
  15. 120
  16. 9
  17. 2
  18. 4
  19. 545
  20. 4480
  21. 4
  22. 80
  23. 1620
  24. 360
  25. 3
  26. 180
  27. 240
  28. 5
  29. 840
  30. 10
  31. 2500
  32. 1
  33. 2240
  34. 3
  35. 540
  36. 2600
  37. 3
  38. 11
  39. 1575
  40. 9

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