← Simple interest and the rate lesson New set →

Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 682 · 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.Aarav keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  2. 2.₹500 earns ₹120 simple interest at 12% a year. For how many years was it kept?
  3. 3.₹1000 earns ₹40 simple interest at 4% a year. For how many years was it kept?
  4. 4.₹2500 earns ₹250 simple interest in 5 years. What is the rate of interest per year, in percent?
  5. 5.₹1500 earns ₹300 simple interest at 4% a year. For how many years was it kept?
  6. 6.Arjun keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  7. 7.Dev keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  8. 8.₹2000 earns ₹180 simple interest at 3% a year. For how many years was it kept?
  9. 9.₹1000 earns ₹90 simple interest at 3% a year. For how many years was it kept?
  10. 10.₹1000 earns ₹120 simple interest in 3 years. What is the rate of interest per year, in percent?
  11. 11.₹1500 earns ₹270 simple interest in 2 years. What is the rate of interest per year, in percent?
  12. 12.Meera keeps ₹2000 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 1 year?
  13. 13.Anaya keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  14. 14.Rohan keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  15. 15.Ishaan keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  16. 16.₹1000 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  17. 17.₹2000 earns ₹400 simple interest at 4% a year. For how many years was it kept?
  18. 18.₹1000 earns ₹120 simple interest at 3% a year. For how many years was it kept?
  19. 19.Diya keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  20. 20.Ishaan keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  21. 21.₹4000 earns ₹400 simple interest at 2% a year. For how many years was it kept?
  22. 22.₹5000 earns ₹1750 simple interest in 5 years. What is the rate of interest per year, in percent?
  23. 23.Diya keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Diya get in 5 years?
  24. 24.₹3000 earns ₹420 simple interest at 7% a year. For how many years was it kept?
  25. 25.₹500 earns ₹20 simple interest in 1 year. What is the rate of interest per year, in percent?
  26. 26.Ishaan keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  27. 27.₹2000 earns ₹400 simple interest in 4 years. What is the rate of interest per year, in percent?
  28. 28.₹1000 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  29. 29.₹1000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  30. 30.Sara keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  31. 31.₹2500 earns ₹700 simple interest in 4 years. What is the rate of interest per year, in percent?
  32. 32.₹1000 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  33. 33.₹4000 earns ₹1120 simple interest in 4 years. What is the rate of interest per year, in percent?
  34. 34.Riya keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  35. 35.₹3000 earns ₹180 simple interest in 1 year. What is the rate of interest per year, in percent?
  36. 36.₹5000 earns ₹800 simple interest in 2 years. What is the rate of interest per year, in percent?
  37. 37.₹5000 earns ₹1050 simple interest in 3 years. What is the rate of interest per year, in percent?
  38. 38.₹3000 earns ₹360 simple interest in 2 years. What is the rate of interest per year, in percent?
  39. 39.₹2000 earns ₹240 simple interest in 1 year. What is the rate of interest per year, in percent?
  40. 40.Dev keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 5 years?

Answer key

  1. 150
  2. 2
  3. 1
  4. 2
  5. 5
  6. 1860
  7. 2220
  8. 3
  9. 3
  10. 4
  11. 9
  12. 180
  13. 400
  14. 250
  15. 3840
  16. 5
  17. 5
  18. 4
  19. 3360
  20. 5700
  21. 5
  22. 7
  23. 200
  24. 2
  25. 4
  26. 1740
  27. 5
  28. 5
  29. 8
  30. 3360
  31. 7
  32. 2
  33. 7
  34. 1680
  35. 6
  36. 8
  37. 7
  38. 6
  39. 12
  40. 1000

Free percentage lessons, practice and worksheets at talentjr.in/how-to-calculate-percentage