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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 673 · 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.₹2000 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  2. 2.₹2000 earns ₹320 simple interest in 2 years. What is the rate of interest per year, in percent?
  3. 3.Riya keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 5 years?
  4. 4.₹2500 earns ₹1100 simple interest in 4 years. What is the rate of interest per year, in percent?
  5. 5.₹2500 earns ₹800 simple interest at 8% a year. For how many years was it kept?
  6. 6.Meera keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Meera get in 2 years?
  7. 7.₹1500 earns ₹240 simple interest at 8% a year. For how many years was it kept?
  8. 8.₹1500 earns ₹90 simple interest in 1 year. What is the rate of interest per year, in percent?
  9. 9.Meera keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Meera get in 4 years?
  10. 10.Diya keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Diya get in 3 years?
  11. 11.₹500 earns ₹225 simple interest in 5 years. What is the rate of interest per year, in percent?
  12. 12.Meera keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  13. 13.₹4000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  14. 14.₹5000 earns ₹1200 simple interest at 12% a year. For how many years was it kept?
  15. 15.₹2500 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  16. 16.₹2000 earns ₹280 simple interest in 2 years. What is the rate of interest per year, in percent?
  17. 17.Aarav keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  18. 18.Meera keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 2 years?
  19. 19.₹1500 earns ₹30 simple interest at 2% a year. For how many years was it kept?
  20. 20.₹5000 earns ₹800 simple interest at 4% a year. For how many years was it kept?
  21. 21.Riya keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 4 years?
  22. 22.Kabir keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  23. 23.₹5000 earns ₹1500 simple interest at 10% a year. For how many years was it kept?
  24. 24.Isha keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Isha get in 1 year?
  25. 25.Aarav keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  26. 26.₹2000 earns ₹240 simple interest at 6% a year. For how many years was it kept?
  27. 27.₹500 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  28. 28.Riya keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  29. 29.Ishaan keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  30. 30.Arjun keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  31. 31.₹500 earns ₹50 simple interest at 5% a year. For how many years was it kept?
  32. 32.₹3000 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  33. 33.₹2500 earns ₹500 simple interest at 4% a year. For how many years was it kept?
  34. 34.₹500 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
  35. 35.Diya keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  36. 36.₹2500 earns ₹1125 simple interest in 5 years. What is the rate of interest per year, in percent?
  37. 37.Kabir keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  38. 38.Dev keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  39. 39.₹5000 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  40. 40.Meera keeps ₹5000 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 2 years?

Answer key

  1. 1
  2. 8
  3. 200
  4. 11
  5. 4
  6. 220
  7. 2
  8. 6
  9. 1100
  10. 810
  11. 9
  12. 1450
  13. 3
  14. 2
  15. 8
  16. 7
  17. 2120
  18. 700
  19. 1
  20. 4
  21. 480
  22. 600
  23. 3
  24. 90
  25. 400
  26. 2
  27. 12
  28. 600
  29. 30
  30. 4960
  31. 2
  32. 2
  33. 5
  34. 6
  35. 1590
  36. 9
  37. 500
  38. 4240
  39. 1
  40. 1200

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