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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 678 · 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 ₹960 simple interest at 12% a year. For how many years was it kept?
  2. 2.₹500 earns ₹30 simple interest at 3% a year. For how many years was it kept?
  3. 3.Sara keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Sara get in 2 years?
  4. 4.Isha keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Isha get in 1 year?
  5. 5.₹2000 earns ₹180 simple interest at 3% a year. For how many years was it kept?
  6. 6.₹2500 earns ₹1000 simple interest at 8% a year. For how many years was it kept?
  7. 7.₹3000 earns ₹630 simple interest in 3 years. What is the rate of interest per year, in percent?
  8. 8.₹4000 earns ₹320 simple interest at 4% a year. For how many years was it kept?
  9. 9.₹1500 earns ₹450 simple interest at 10% a year. For how many years was it kept?
  10. 10.Sara keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 1 year?
  11. 11.₹2500 earns ₹525 simple interest at 7% a year. For how many years was it kept?
  12. 12.Dev keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  13. 13.Ishaan keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  14. 14.₹2500 earns ₹350 simple interest in 2 years. What is the rate of interest per year, in percent?
  15. 15.₹1500 earns ₹660 simple interest at 11% a year. For how many years was it kept?
  16. 16.₹4000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  17. 17.Rohan keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  18. 18.₹2500 earns ₹500 simple interest in 2 years. What is the rate of interest per year, in percent?
  19. 19.Anaya keeps ₹2000 in a bank at 11% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  20. 20.Meera keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  21. 21.Kabir keeps ₹5000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  22. 22.Sara keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  23. 23.Meera keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Meera get in 5 years?
  24. 24.₹2500 earns ₹225 simple interest at 9% a year. For how many years was it kept?
  25. 25.₹1500 earns ₹225 simple interest at 5% a year. For how many years was it kept?
  26. 26.₹2500 earns ₹1000 simple interest in 5 years. What is the rate of interest per year, in percent?
  27. 27.₹2500 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  28. 28.Dev keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Dev get in 4 years?
  29. 29.Meera keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  30. 30.₹500 earns ₹120 simple interest at 6% a year. For how many years was it kept?
  31. 31.₹5000 earns ₹600 simple interest at 6% a year. For how many years was it kept?
  32. 32.Meera keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 3 years?
  33. 33.₹1000 earns ₹50 simple interest at 5% a year. For how many years was it kept?
  34. 34.Rohan keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  35. 35.₹5000 earns ₹1650 simple interest in 3 years. What is the rate of interest per year, in percent?
  36. 36.Aarav keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  37. 37.Diya keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Diya get in 1 year?
  38. 38.₹2000 earns ₹160 simple interest at 2% a year. For how many years was it kept?
  39. 39.Ishaan keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  40. 40.₹500 earns ₹60 simple interest in 2 years. What is the rate of interest per year, in percent?

Answer key

  1. 4
  2. 2
  3. 300
  4. 30
  5. 3
  6. 5
  7. 7
  8. 2
  9. 3
  10. 20
  11. 3
  12. 3900
  13. 990
  14. 7
  15. 4
  16. 3
  17. 2750
  18. 10
  19. 880
  20. 2650
  21. 6100
  22. 600
  23. 450
  24. 1
  25. 3
  26. 8
  27. 8
  28. 360
  29. 1200
  30. 4
  31. 2
  32. 420
  33. 1
  34. 3400
  35. 11
  36. 3060
  37. 30
  38. 4
  39. 900
  40. 6

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