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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 656 · 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 2% a year. For how many years was it kept?
  2. 2.Arjun keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  3. 3.₹1000 earns ₹60 simple interest at 3% a year. For how many years was it kept?
  4. 4.₹500 earns ₹90 simple interest in 3 years. What is the rate of interest per year, in percent?
  5. 5.₹500 earns ₹120 simple interest in 3 years. What is the rate of interest per year, in percent?
  6. 6.Arjun keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  7. 7.₹2000 earns ₹120 simple interest at 6% a year. For how many years was it kept?
  8. 8.₹2000 earns ₹480 simple interest at 12% a year. For how many years was it kept?
  9. 9.₹5000 earns ₹1750 simple interest in 5 years. What is the rate of interest per year, in percent?
  10. 10.₹4000 earns ₹1280 simple interest in 4 years. What is the rate of interest per year, in percent?
  11. 11.₹1000 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  12. 12.Meera keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 5 years?
  13. 13.₹2000 earns ₹800 simple interest at 10% a year. For how many years was it kept?
  14. 14.₹2000 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  15. 15.₹5000 earns ₹200 simple interest in 1 year. What is the rate of interest per year, in percent?
  16. 16.₹5000 earns ₹400 simple interest in 4 years. What is the rate of interest per year, in percent?
  17. 17.Isha keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  18. 18.Diya keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 4 years?
  19. 19.₹1000 earns ₹160 simple interest at 4% a year. For how many years was it kept?
  20. 20.₹5000 earns ₹500 simple interest in 5 years. What is the rate of interest per year, in percent?
  21. 21.Anaya keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  22. 22.Rohan keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  23. 23.₹2000 earns ₹320 simple interest in 4 years. What is the rate of interest per year, in percent?
  24. 24.Kabir keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  25. 25.Rohan keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  26. 26.Arjun keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  27. 27.Meera keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 4 years?
  28. 28.Meera keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Meera get in 4 years?
  29. 29.Arjun keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  30. 30.₹2000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  31. 31.Dev keeps ₹2500 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  32. 32.Sara keeps ₹1000 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  33. 33.₹2500 earns ₹625 simple interest at 5% a year. For how many years was it kept?
  34. 34.₹2000 earns ₹540 simple interest in 3 years. What is the rate of interest per year, in percent?
  35. 35.Riya keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  36. 36.₹2000 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  37. 37.₹3000 earns ₹1350 simple interest in 5 years. What is the rate of interest per year, in percent?
  38. 38.Aarav keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  39. 39.₹2500 earns ₹800 simple interest at 8% a year. For how many years was it kept?
  40. 40.Arjun keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Arjun get in 4 years?

Answer key

  1. 3
  2. 50
  3. 2
  4. 6
  5. 8
  6. 60
  7. 1
  8. 2
  9. 7
  10. 8
  11. 2
  12. 1250
  13. 4
  14. 1
  15. 4
  16. 2
  17. 1200
  18. 800
  19. 4
  20. 2
  21. 360
  22. 4200
  23. 4
  24. 2240
  25. 240
  26. 4320
  27. 280
  28. 1100
  29. 600
  30. 6
  31. 3050
  32. 1120
  33. 5
  34. 9
  35. 1620
  36. 1
  37. 9
  38. 1200
  39. 4
  40. 400

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