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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 649 · 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.₹2500 earns ₹50 simple interest at 2% a year. For how many years was it kept?
  2. 2.Anaya keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  3. 3.Riya keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  4. 4.₹2500 earns ₹200 simple interest at 4% a year. For how many years was it kept?
  5. 5.Diya keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Diya get in 2 years?
  6. 6.Rohan keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  7. 7.₹2000 earns ₹360 simple interest in 2 years. What is the rate of interest per year, in percent?
  8. 8.₹4000 earns ₹280 simple interest at 7% a year. For how many years was it kept?
  9. 9.₹2500 earns ₹275 simple interest at 11% a year. For how many years was it kept?
  10. 10.Meera keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 5 years?
  11. 11.Diya keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  12. 12.₹5000 earns ₹1250 simple interest at 5% a year. For how many years was it kept?
  13. 13.Aarav keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  14. 14.Isha keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  15. 15.Ishaan keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  16. 16.₹500 earns ₹175 simple interest at 7% a year. For how many years was it kept?
  17. 17.₹5000 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  18. 18.₹1500 earns ₹225 simple interest in 3 years. What is the rate of interest per year, in percent?
  19. 19.₹1500 earns ₹150 simple interest in 5 years. What is the rate of interest per year, in percent?
  20. 20.₹1000 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  21. 21.Kabir keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  22. 22.Arjun keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  23. 23.₹4000 earns ₹960 simple interest in 2 years. What is the rate of interest per year, in percent?
  24. 24.₹2500 earns ₹125 simple interest in 1 year. What is the rate of interest per year, in percent?
  25. 25.Anaya keeps ₹1000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  26. 26.₹4000 earns ₹240 simple interest at 2% a year. For how many years was it kept?
  27. 27.Kabir keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  28. 28.Anaya keeps ₹1500 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  29. 29.₹500 earns ₹75 simple interest in 5 years. What is the rate of interest per year, in percent?
  30. 30.₹1000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  31. 31.₹1000 earns ₹550 simple interest in 5 years. What is the rate of interest per year, in percent?
  32. 32.Aarav keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  33. 33.₹1500 earns ₹540 simple interest at 9% a year. For how many years was it kept?
  34. 34.Sara keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Sara get in 2 years?
  35. 35.Kabir keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  36. 36.Kabir keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  37. 37.Meera keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 2 years?
  38. 38.Ishaan keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  39. 39.₹500 earns ₹50 simple interest at 10% a year. For how many years was it kept?
  40. 40.₹3000 earns ₹480 simple interest at 4% a year. For how many years was it kept?

Answer key

  1. 1
  2. 225
  3. 3240
  4. 2
  5. 140
  6. 100
  7. 9
  8. 1
  9. 1
  10. 1500
  11. 4640
  12. 5
  13. 120
  14. 5700
  15. 675
  16. 5
  17. 1
  18. 5
  19. 2
  20. 2
  21. 120
  22. 200
  23. 12
  24. 5
  25. 1240
  26. 3
  27. 60
  28. 2100
  29. 3
  30. 4
  31. 11
  32. 720
  33. 4
  34. 1100
  35. 320
  36. 5800
  37. 900
  38. 900
  39. 1
  40. 4

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