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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 648 · 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.Isha keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Isha get in 1 year?
  2. 2.₹3000 earns ₹420 simple interest in 2 years. What is the rate of interest per year, in percent?
  3. 3.₹1500 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  4. 4.₹500 earns ₹40 simple interest at 4% a year. For how many years was it kept?
  5. 5.Kabir keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  6. 6.₹1500 earns ₹540 simple interest at 12% a year. For how many years was it kept?
  7. 7.₹1500 earns ₹330 simple interest in 2 years. What is the rate of interest per year, in percent?
  8. 8.Rohan keeps ₹5000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  9. 9.Arjun keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  10. 10.Rohan keeps ₹3000 in a bank at 7% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  11. 11.₹500 earns ₹75 simple interest at 3% a year. For how many years was it kept?
  12. 12.Meera keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 4 years?
  13. 13.Arjun keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  14. 14.Riya keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  15. 15.₹500 earns ₹100 simple interest at 5% a year. For how many years was it kept?
  16. 16.₹4000 earns ₹440 simple interest at 11% a year. For how many years was it kept?
  17. 17.₹5000 earns ₹300 simple interest at 6% a year. For how many years was it kept?
  18. 18.Diya keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  19. 19.₹2000 earns ₹80 simple interest at 2% a year. For how many years was it kept?
  20. 20.₹1000 earns ₹160 simple interest at 4% a year. For how many years was it kept?
  21. 21.Meera keeps ₹3000 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  22. 22.₹5000 earns ₹350 simple interest in 1 year. What is the rate of interest per year, in percent?
  23. 23.Diya keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Diya get in 5 years?
  24. 24.Aarav keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  25. 25.Riya keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  26. 26.₹2000 earns ₹640 simple interest in 4 years. What is the rate of interest per year, in percent?
  27. 27.Anaya keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  28. 28.Sara keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Sara get in 3 years?
  29. 29.₹1500 earns ₹165 simple interest in 1 year. What is the rate of interest per year, in percent?
  30. 30.₹3000 earns ₹360 simple interest at 3% a year. For how many years was it kept?
  31. 31.₹3000 earns ₹1080 simple interest in 3 years. What is the rate of interest per year, in percent?
  32. 32.₹4000 earns ₹1080 simple interest in 3 years. What is the rate of interest per year, in percent?
  33. 33.Aarav keeps ₹1500 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  34. 34.₹3000 earns ₹720 simple interest at 6% a year. For how many years was it kept?
  35. 35.₹500 earns ₹10 simple interest at 2% a year. For how many years was it kept?
  36. 36.Aarav keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  37. 37.Riya keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  38. 38.₹1500 earns ₹180 simple interest at 4% a year. For how many years was it kept?
  39. 39.₹2000 earns ₹660 simple interest in 3 years. What is the rate of interest per year, in percent?
  40. 40.₹1000 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?

Answer key

  1. 30
  2. 7
  3. 4
  4. 2
  5. 2700
  6. 3
  7. 11
  8. 5300
  9. 3240
  10. 420
  11. 5
  12. 400
  13. 180
  14. 3000
  15. 4
  16. 1
  17. 1
  18. 3250
  19. 2
  20. 4
  21. 3450
  22. 7
  23. 450
  24. 550
  25. 2800
  26. 8
  27. 1100
  28. 300
  29. 11
  30. 4
  31. 12
  32. 9
  33. 1875
  34. 4
  35. 1
  36. 1080
  37. 3700
  38. 3
  39. 11
  40. 6

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