← Simple interest and the rate lesson New set →

Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 667 · 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.₹1000 earns ₹300 simple interest at 6% a year. For how many years was it kept?
  2. 2.₹500 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  3. 3.₹1500 earns ₹330 simple interest at 11% a year. For how many years was it kept?
  4. 4.₹500 earns ₹10 simple interest in 1 year. What is the rate of interest per year, in percent?
  5. 5.Aarav keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  6. 6.Diya keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  7. 7.Sara keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Sara get in 2 years?
  8. 8.Meera keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  9. 9.₹4000 earns ₹480 simple interest at 3% a year. For how many years was it kept?
  10. 10.₹1000 earns ₹330 simple interest in 3 years. What is the rate of interest per year, in percent?
  11. 11.Dev keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 2 years?
  12. 12.₹1000 earns ₹360 simple interest at 9% a year. For how many years was it kept?
  13. 13.Sara keeps ₹5000 in a bank at 8% simple interest a year. How many rupees of interest does Sara get in 3 years?
  14. 14.Aarav keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  15. 15.Dev keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 5 years?
  16. 16.₹2000 earns ₹600 simple interest at 6% a year. For how many years was it kept?
  17. 17.Sara keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Sara get in 4 years?
  18. 18.Aarav keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  19. 19.₹1500 earns ₹90 simple interest in 3 years. What is the rate of interest per year, in percent?
  20. 20.Riya keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 1 year?
  21. 21.₹2500 earns ₹600 simple interest in 3 years. What is the rate of interest per year, in percent?
  22. 22.₹1000 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  23. 23.Sara keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  24. 24.Anaya keeps ₹4000 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  25. 25.₹500 earns ₹40 simple interest at 4% a year. For how many years was it kept?
  26. 26.₹2500 earns ₹900 simple interest at 9% a year. For how many years was it kept?
  27. 27.₹5000 earns ₹450 simple interest at 3% a year. For how many years was it kept?
  28. 28.Sara keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Sara get in 3 years?
  29. 29.Riya keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  30. 30.₹4000 earns ₹1440 simple interest in 4 years. What is the rate of interest per year, in percent?
  31. 31.₹500 earns ₹55 simple interest in 1 year. What is the rate of interest per year, in percent?
  32. 32.₹1000 earns ₹480 simple interest at 12% a year. For how many years was it kept?
  33. 33.₹5000 earns ₹1750 simple interest at 7% a year. For how many years was it kept?
  34. 34.Riya keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  35. 35.₹3000 earns ₹300 simple interest in 1 year. What is the rate of interest per year, in percent?
  36. 36.Arjun keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  37. 37.Aarav keeps ₹2000 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  38. 38.₹5000 earns ₹2400 simple interest at 12% a year. For how many years was it kept?
  39. 39.Kabir keeps ₹2000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  40. 40.₹2500 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?

Answer key

  1. 5
  2. 12
  3. 2
  4. 2
  5. 280
  6. 2240
  7. 120
  8. 575
  9. 4
  10. 11
  11. 720
  12. 4
  13. 1200
  14. 240
  15. 300
  16. 5
  17. 800
  18. 200
  19. 2
  20. 75
  21. 8
  22. 4
  23. 2080
  24. 5440
  25. 2
  26. 4
  27. 3
  28. 825
  29. 2100
  30. 9
  31. 11
  32. 4
  33. 5
  34. 1905
  35. 10
  36. 665
  37. 2720
  38. 4
  39. 2120
  40. 4

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