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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 674 · 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 2% a year. For how many years was it kept?
  2. 2.Riya keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 1 year?
  3. 3.₹500 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  4. 4.₹500 earns ₹150 simple interest at 10% a year. For how many years was it kept?
  5. 5.Riya keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 2 years?
  6. 6.₹500 earns ₹40 simple interest in 4 years. What is the rate of interest per year, in percent?
  7. 7.₹1000 earns ₹200 simple interest at 4% a year. For how many years was it kept?
  8. 8.₹1000 earns ₹360 simple interest at 12% a year. For how many years was it kept?
  9. 9.₹5000 earns ₹1000 simple interest at 4% a year. For how many years was it kept?
  10. 10.Meera keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 4 years?
  11. 11.Anaya keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  12. 12.₹500 earns ₹45 simple interest in 1 year. What is the rate of interest per year, in percent?
  13. 13.₹2500 earns ₹250 simple interest at 5% a year. For how many years was it kept?
  14. 14.Rohan keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  15. 15.₹500 earns ₹200 simple interest at 8% a year. For how many years was it kept?
  16. 16.₹1000 earns ₹300 simple interest at 6% a year. For how many years was it kept?
  17. 17.₹1500 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  18. 18.₹4000 earns ₹80 simple interest in 1 year. What is the rate of interest per year, in percent?
  19. 19.Meera keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 2 years?
  20. 20.Aarav keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  21. 21.Anaya keeps ₹1500 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  22. 22.₹1500 earns ₹90 simple interest in 2 years. What is the rate of interest per year, in percent?
  23. 23.Anaya keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  24. 24.Rohan keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  25. 25.Rohan keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  26. 26.Aarav keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  27. 27.₹500 earns ₹105 simple interest at 7% a year. For how many years was it kept?
  28. 28.₹2000 earns ₹80 simple interest in 2 years. What is the rate of interest per year, in percent?
  29. 29.Sara keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 5 years?
  30. 30.Riya keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 2 years?
  31. 31.₹3000 earns ₹630 simple interest in 3 years. What is the rate of interest per year, in percent?
  32. 32.Kabir keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  33. 33.Ishaan keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  34. 34.Arjun keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  35. 35.Arjun keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  36. 36.Ishaan keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  37. 37.₹1000 earns ₹250 simple interest in 5 years. What is the rate of interest per year, in percent?
  38. 38.Meera keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  39. 39.₹500 earns ₹45 simple interest in 3 years. What is the rate of interest per year, in percent?
  40. 40.Sara keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Sara get in 5 years?

Answer key

  1. 4
  2. 100
  3. 12
  4. 3
  5. 400
  6. 2
  7. 5
  8. 3
  9. 5
  10. 600
  11. 300
  12. 9
  13. 2
  14. 1240
  15. 5
  16. 5
  17. 4
  18. 2
  19. 350
  20. 375
  21. 1830
  22. 3
  23. 1060
  24. 240
  25. 4050
  26. 2725
  27. 3
  28. 2
  29. 300
  30. 320
  31. 7
  32. 150
  33. 3540
  34. 555
  35. 100
  36. 4160
  37. 5
  38. 2725
  39. 3
  40. 1200

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