← Simple interest and the rate lesson New set →

Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 664 · 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 ₹125 simple interest at 5% a year. For how many years was it kept?
  2. 2.Kabir keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  3. 3.Diya keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  4. 4.Meera keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 5 years?
  5. 5.₹5000 earns ₹600 simple interest at 4% a year. For how many years was it kept?
  6. 6.Ishaan keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  7. 7.₹500 earns ₹30 simple interest at 6% a year. For how many years was it kept?
  8. 8.₹1500 earns ₹180 simple interest at 3% a year. For how many years was it kept?
  9. 9.₹500 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  10. 10.Ishaan keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  11. 11.₹4000 earns ₹2200 simple interest at 11% a year. For how many years was it kept?
  12. 12.₹1500 earns ₹240 simple interest at 4% a year. For how many years was it kept?
  13. 13.Anaya keeps ₹5000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  14. 14.₹2000 earns ₹320 simple interest in 2 years. What is the rate of interest per year, in percent?
  15. 15.₹1000 earns ₹320 simple interest in 4 years. What is the rate of interest per year, in percent?
  16. 16.₹3000 earns ₹540 simple interest in 2 years. What is the rate of interest per year, in percent?
  17. 17.Aarav keeps ₹2000 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  18. 18.₹2000 earns ₹480 simple interest at 12% a year. For how many years was it kept?
  19. 19.Sara keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Sara get in 4 years?
  20. 20.Riya keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 3 years?
  21. 21.₹3000 earns ₹240 simple interest at 8% a year. For how many years was it kept?
  22. 22.Riya keeps ₹2000 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  23. 23.₹3000 earns ₹1080 simple interest at 12% a year. For how many years was it kept?
  24. 24.₹1000 earns ₹90 simple interest at 9% a year. For how many years was it kept?
  25. 25.Riya keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 4 years?
  26. 26.₹2000 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  27. 27.Isha keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  28. 28.Riya keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  29. 29.₹1500 earns ₹450 simple interest in 3 years. What is the rate of interest per year, in percent?
  30. 30.₹1000 earns ₹60 simple interest in 2 years. What is the rate of interest per year, in percent?
  31. 31.₹1500 earns ₹225 simple interest in 3 years. What is the rate of interest per year, in percent?
  32. 32.Rohan keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  33. 33.Sara keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  34. 34.Kabir keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  35. 35.₹3000 earns ₹180 simple interest at 3% a year. For how many years was it kept?
  36. 36.₹4000 earns ₹1800 simple interest at 9% a year. For how many years was it kept?
  37. 37.Riya keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  38. 38.Anaya keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  39. 39.Riya keeps ₹2500 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  40. 40.Meera keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 2 years?

Answer key

  1. 1
  2. 55
  3. 2200
  4. 500
  5. 3
  6. 2080
  7. 1
  8. 4
  9. 4
  10. 105
  11. 5
  12. 4
  13. 5800
  14. 8
  15. 8
  16. 9
  17. 2200
  18. 2
  19. 160
  20. 540
  21. 1
  22. 2880
  23. 3
  24. 1
  25. 200
  26. 1
  27. 3180
  28. 5750
  29. 10
  30. 3
  31. 5
  32. 500
  33. 515
  34. 720
  35. 2
  36. 5
  37. 3600
  38. 3200
  39. 3625
  40. 720

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