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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 655 · 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.₹4000 earns ₹600 simple interest at 3% a year. For how many years was it kept?
  2. 2.₹5000 earns ₹500 simple interest at 10% a year. For how many years was it kept?
  3. 3.Kabir keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  4. 4.Kabir keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  5. 5.Diya keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 3 years?
  6. 6.₹2500 earns ₹1500 simple interest at 12% a year. For how many years was it kept?
  7. 7.Sara keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Sara get in 2 years?
  8. 8.₹3000 earns ₹1200 simple interest in 5 years. What is the rate of interest per year, in percent?
  9. 9.Sara keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Sara get in 4 years?
  10. 10.₹5000 earns ₹400 simple interest at 8% a year. For how many years was it kept?
  11. 11.Riya keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 3 years?
  12. 12.Kabir keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  13. 13.₹4000 earns ₹1200 simple interest in 5 years. What is the rate of interest per year, in percent?
  14. 14.₹500 earns ₹100 simple interest at 4% a year. For how many years was it kept?
  15. 15.Dev keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  16. 16.₹2500 earns ₹350 simple interest at 7% a year. For how many years was it kept?
  17. 17.Aarav keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  18. 18.Anaya keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  19. 19.Arjun keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  20. 20.Sara keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 5 years?
  21. 21.₹2500 earns ₹1375 simple interest in 5 years. What is the rate of interest per year, in percent?
  22. 22.Meera keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  23. 23.₹4000 earns ₹280 simple interest at 7% a year. For how many years was it kept?
  24. 24.Sara keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 4 years?
  25. 25.Anaya keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  26. 26.₹3000 earns ₹240 simple interest at 2% a year. For how many years was it kept?
  27. 27.Riya keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  28. 28.Meera keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 1 year?
  29. 29.₹2500 earns ₹300 simple interest at 3% a year. For how many years was it kept?
  30. 30.Kabir keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  31. 31.₹1500 earns ₹495 simple interest in 3 years. What is the rate of interest per year, in percent?
  32. 32.₹500 earns ₹165 simple interest in 3 years. What is the rate of interest per year, in percent?
  33. 33.Isha keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  34. 34.Arjun keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  35. 35.₹500 earns ₹150 simple interest in 3 years. What is the rate of interest per year, in percent?
  36. 36.Kabir keeps ₹2500 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  37. 37.₹5000 earns ₹1600 simple interest in 4 years. What is the rate of interest per year, in percent?
  38. 38.Ishaan keeps ₹1000 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  39. 39.Riya keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 1 year?
  40. 40.Rohan keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 1 year?

Answer key

  1. 5
  2. 1
  3. 480
  4. 2700
  5. 240
  6. 5
  7. 100
  8. 8
  9. 200
  10. 1
  11. 450
  12. 400
  13. 6
  14. 5
  15. 1740
  16. 2
  17. 80
  18. 40
  19. 30
  20. 500
  21. 11
  22. 3200
  23. 1
  24. 160
  25. 3300
  26. 4
  27. 5500
  28. 150
  29. 4
  30. 535
  31. 11
  32. 11
  33. 4200
  34. 90
  35. 10
  36. 2750
  37. 8
  38. 1120
  39. 60
  40. 25

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