← Simple interest and the rate lesson New set →

Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 65 · 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 ₹30 simple interest at 3% a year. For how many years was it kept?
  2. 2.Aarav keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  3. 3.Meera keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  4. 4.Meera keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 1 year?
  5. 5.Kabir keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  6. 6.₹3000 earns ₹1500 simple interest in 5 years. What is the rate of interest per year, in percent?
  7. 7.₹1500 earns ₹525 simple interest in 5 years. What is the rate of interest per year, in percent?
  8. 8.Kabir keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  9. 9.₹1500 earns ₹45 simple interest at 3% a year. For how many years was it kept?
  10. 10.Ishaan keeps ₹1500 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  11. 11.Ishaan keeps ₹5000 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  12. 12.Isha keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Isha get in 2 years?
  13. 13.₹1000 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  14. 14.₹1000 earns ₹120 simple interest at 12% a year. For how many years was it kept?
  15. 15.Isha keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Isha get in 2 years?
  16. 16.₹5000 earns ₹350 simple interest at 7% a year. For how many years was it kept?
  17. 17.Diya keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  18. 18.₹500 earns ₹250 simple interest in 5 years. What is the rate of interest per year, in percent?
  19. 19.₹5000 earns ₹750 simple interest at 3% a year. For how many years was it kept?
  20. 20.Rohan keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  21. 21.₹5000 earns ₹600 simple interest in 3 years. What is the rate of interest per year, in percent?
  22. 22.₹3000 earns ₹450 simple interest in 5 years. What is the rate of interest per year, in percent?
  23. 23.Arjun keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  24. 24.Meera keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 1 year?
  25. 25.Arjun keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  26. 26.₹1000 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  27. 27.₹1000 earns ₹240 simple interest in 4 years. What is the rate of interest per year, in percent?
  28. 28.Ishaan keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  29. 29.₹2000 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  30. 30.₹2500 earns ₹75 simple interest in 1 year. What is the rate of interest per year, in percent?
  31. 31.₹500 earns ₹175 simple interest in 5 years. What is the rate of interest per year, in percent?
  32. 32.Meera keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  33. 33.Kabir keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  34. 34.₹4000 earns ₹960 simple interest at 12% a year. For how many years was it kept?
  35. 35.Isha keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Isha get in 2 years?
  36. 36.₹4000 earns ₹80 simple interest at 2% a year. For how many years was it kept?
  37. 37.Sara keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 2 years?
  38. 38.Aarav keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  39. 39.Sara keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 3 years?
  40. 40.Kabir keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 4 years?

Answer key

  1. 2
  2. 150
  3. 1200
  4. 50
  5. 1375
  6. 10
  7. 7
  8. 1800
  9. 1
  10. 1800
  11. 6500
  12. 360
  13. 6
  14. 1
  15. 120
  16. 1
  17. 535
  18. 10
  19. 5
  20. 350
  21. 4
  22. 3
  23. 210
  24. 360
  25. 2720
  26. 10
  27. 6
  28. 1050
  29. 1
  30. 3
  31. 7
  32. 1590
  33. 720
  34. 2
  35. 600
  36. 1
  37. 120
  38. 2700
  39. 360
  40. 120

Free percentage lessons, practice and worksheets at talentjr.in/how-to-calculate-percentage