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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 675 · 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.Kabir keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  2. 2.Riya keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Riya get in 3 years?
  3. 3.Meera keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 1 year?
  4. 4.₹2000 earns ₹360 simple interest at 9% a year. For how many years was it kept?
  5. 5.₹500 earns ₹275 simple interest in 5 years. What is the rate of interest per year, in percent?
  6. 6.Ishaan keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  7. 7.Meera keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  8. 8.Meera keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 1 year?
  9. 9.₹2000 earns ₹1000 simple interest in 5 years. What is the rate of interest per year, in percent?
  10. 10.Aarav keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  11. 11.₹1000 earns ₹30 simple interest at 3% a year. For how many years was it kept?
  12. 12.Meera keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 4 years?
  13. 13.₹2500 earns ₹225 simple interest at 3% a year. For how many years was it kept?
  14. 14.Diya keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 2 years?
  15. 15.₹5000 earns ₹600 simple interest in 2 years. What is the rate of interest per year, in percent?
  16. 16.Anaya keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  17. 17.Rohan keeps ₹2000 in a bank at 11% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  18. 18.₹2500 earns ₹100 simple interest at 4% a year. For how many years was it kept?
  19. 19.₹500 earns ₹225 simple interest in 5 years. What is the rate of interest per year, in percent?
  20. 20.₹4000 earns ₹480 simple interest in 4 years. What is the rate of interest per year, in percent?
  21. 21.₹1000 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  22. 22.Aarav keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  23. 23.Aarav keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  24. 24.Diya keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Diya get in 1 year?
  25. 25.Ishaan keeps ₹1500 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  26. 26.₹500 earns ₹70 simple interest in 2 years. What is the rate of interest per year, in percent?
  27. 27.₹1000 earns ₹120 simple interest at 12% a year. For how many years was it kept?
  28. 28.₹2000 earns ₹560 simple interest in 4 years. What is the rate of interest per year, in percent?
  29. 29.₹1500 earns ₹675 simple interest at 9% a year. For how many years was it kept?
  30. 30.₹2500 earns ₹150 simple interest at 2% a year. For how many years was it kept?
  31. 31.Meera keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  32. 32.Arjun keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  33. 33.₹500 earns ₹160 simple interest in 4 years. What is the rate of interest per year, in percent?
  34. 34.Diya keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  35. 35.₹1500 earns ₹150 simple interest at 10% a year. For how many years was it kept?
  36. 36.₹4000 earns ₹600 simple interest at 3% a year. For how many years was it kept?
  37. 37.₹500 earns ₹45 simple interest at 9% a year. For how many years was it kept?
  38. 38.Ishaan keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  39. 39.Aarav keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  40. 40.₹3000 earns ₹840 simple interest at 7% a year. For how many years was it kept?

Answer key

  1. 360
  2. 165
  3. 40
  4. 2
  5. 11
  6. 2960
  7. 1180
  8. 80
  9. 10
  10. 1240
  11. 1
  12. 160
  13. 3
  14. 1100
  15. 6
  16. 240
  17. 220
  18. 1
  19. 9
  20. 3
  21. 2
  22. 270
  23. 600
  24. 300
  25. 1650
  26. 7
  27. 1
  28. 7
  29. 5
  30. 3
  31. 600
  32. 100
  33. 8
  34. 3480
  35. 1
  36. 5
  37. 1
  38. 50
  39. 210
  40. 4

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