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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 658 · 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.₹1500 earns ₹120 simple interest at 8% a year. For how many years was it kept?
  2. 2.Kabir keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  3. 3.Riya keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 1 year?
  4. 4.Arjun keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  5. 5.Aarav keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  6. 6.Diya keeps ₹1500 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  7. 7.Meera keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Meera get in 4 years?
  8. 8.Diya keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  9. 9.Rohan keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  10. 10.Diya keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  11. 11.₹500 earns ₹55 simple interest in 1 year. What is the rate of interest per year, in percent?
  12. 12.₹500 earns ₹15 simple interest at 3% a year. For how many years was it kept?
  13. 13.₹500 earns ₹80 simple interest at 8% a year. For how many years was it kept?
  14. 14.Diya keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Diya get in 3 years?
  15. 15.Riya keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  16. 16.₹500 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  17. 17.Kabir keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  18. 18.₹1000 earns ₹90 simple interest in 1 year. What is the rate of interest per year, in percent?
  19. 19.₹2000 earns ₹800 simple interest at 10% a year. For how many years was it kept?
  20. 20.Anaya keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  21. 21.₹2000 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  22. 22.₹1000 earns ₹90 simple interest at 9% a year. For how many years was it kept?
  23. 23.₹1500 earns ₹270 simple interest in 3 years. What is the rate of interest per year, in percent?
  24. 24.₹3000 earns ₹1080 simple interest at 9% a year. For how many years was it kept?
  25. 25.₹3000 earns ₹300 simple interest at 10% a year. For how many years was it kept?
  26. 26.₹1000 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  27. 27.Kabir keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  28. 28.₹3000 earns ₹1080 simple interest in 4 years. What is the rate of interest per year, in percent?
  29. 29.Meera keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  30. 30.Aarav keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  31. 31.Dev keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Dev get in 3 years?
  32. 32.₹2000 earns ₹200 simple interest at 5% a year. For how many years was it kept?
  33. 33.₹5000 earns ₹1600 simple interest at 8% a year. For how many years was it kept?
  34. 34.Kabir keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  35. 35.₹2000 earns ₹480 simple interest in 2 years. What is the rate of interest per year, in percent?
  36. 36.Meera keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 3 years?
  37. 37.Riya keeps ₹2500 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  38. 38.₹1000 earns ₹20 simple interest in 1 year. What is the rate of interest per year, in percent?
  39. 39.₹2500 earns ₹75 simple interest in 1 year. What is the rate of interest per year, in percent?
  40. 40.Meera keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?

Answer key

  1. 1
  2. 550
  3. 125
  4. 210
  5. 825
  6. 1860
  7. 360
  8. 515
  9. 2360
  10. 1120
  11. 11
  12. 1
  13. 2
  14. 150
  15. 2900
  16. 10
  17. 5800
  18. 9
  19. 4
  20. 275
  21. 5
  22. 1
  23. 6
  24. 4
  25. 1
  26. 6
  27. 120
  28. 9
  29. 560
  30. 1450
  31. 90
  32. 2
  33. 4
  34. 450
  35. 12
  36. 300
  37. 3200
  38. 2
  39. 3
  40. 3180

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