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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 67 · 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 ₹560 simple interest at 7% a year. For how many years was it kept?
  2. 2.₹500 earns ₹60 simple interest at 4% a year. For how many years was it kept?
  3. 3.₹5000 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  4. 4.Dev keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 5 years?
  5. 5.₹3000 earns ₹90 simple interest in 1 year. What is the rate of interest per year, in percent?
  6. 6.₹500 earns ₹10 simple interest at 2% a year. For how many years was it kept?
  7. 7.Aarav keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  8. 8.Kabir keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  9. 9.Kabir keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  10. 10.₹1000 earns ₹200 simple interest at 5% a year. For how many years was it kept?
  11. 11.Ishaan keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  12. 12.₹2000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  13. 13.Sara keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  14. 14.₹500 earns ₹140 simple interest at 7% a year. For how many years was it kept?
  15. 15.₹2000 earns ₹800 simple interest in 4 years. What is the rate of interest per year, in percent?
  16. 16.₹3000 earns ₹480 simple interest in 4 years. What is the rate of interest per year, in percent?
  17. 17.Riya keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 4 years?
  18. 18.Arjun keeps ₹5000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  19. 19.Riya keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 1 year?
  20. 20.₹500 earns ₹135 simple interest at 9% a year. For how many years was it kept?
  21. 21.₹2500 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  22. 22.₹4000 earns ₹320 simple interest at 4% a year. For how many years was it kept?
  23. 23.Dev keeps ₹5000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  24. 24.Anaya keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  25. 25.₹4000 earns ₹1800 simple interest at 9% a year. For how many years was it kept?
  26. 26.Diya keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  27. 27.Aarav keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  28. 28.₹500 earns ₹125 simple interest at 5% a year. For how many years was it kept?
  29. 29.Rohan keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  30. 30.₹1500 earns ₹225 simple interest in 5 years. What is the rate of interest per year, in percent?
  31. 31.Dev keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 5 years?
  32. 32.₹4000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  33. 33.₹1000 earns ₹240 simple interest at 6% a year. For how many years was it kept?
  34. 34.₹3000 earns ₹360 simple interest in 2 years. What is the rate of interest per year, in percent?
  35. 35.Aarav keeps ₹2000 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  36. 36.₹500 earns ₹10 simple interest in 1 year. What is the rate of interest per year, in percent?
  37. 37.₹1000 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  38. 38.Aarav keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  39. 39.Isha keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Isha get in 2 years?
  40. 40.₹2000 earns ₹220 simple interest in 1 year. What is the rate of interest per year, in percent?

Answer key

  1. 2
  2. 3
  3. 3
  4. 500
  5. 3
  6. 1
  7. 4600
  8. 175
  9. 3480
  10. 4
  11. 405
  12. 2
  13. 1020
  14. 4
  15. 10
  16. 4
  17. 480
  18. 5600
  19. 90
  20. 3
  21. 2
  22. 2
  23. 5300
  24. 4320
  25. 5
  26. 1905
  27. 120
  28. 5
  29. 3900
  30. 3
  31. 200
  32. 1
  33. 4
  34. 6
  35. 2800
  36. 2
  37. 5
  38. 60
  39. 90
  40. 11

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