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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 687 · 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.Meera keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 5 years?
  2. 2.Arjun keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  3. 3.Aarav keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  4. 4.₹1000 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  5. 5.Isha keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Isha get in 2 years?
  6. 6.Ishaan keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  7. 7.Kabir keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  8. 8.₹1000 earns ₹100 simple interest in 5 years. What is the rate of interest per year, in percent?
  9. 9.₹1500 earns ₹540 simple interest at 12% a year. For how many years was it kept?
  10. 10.Isha keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  11. 11.₹1500 earns ₹450 simple interest at 10% a year. For how many years was it kept?
  12. 12.₹5000 earns ₹400 simple interest in 1 year. What is the rate of interest per year, in percent?
  13. 13.₹1500 earns ₹300 simple interest at 10% a year. For how many years was it kept?
  14. 14.Rohan keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  15. 15.Dev keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Dev get in 2 years?
  16. 16.₹4000 earns ₹1760 simple interest in 4 years. What is the rate of interest per year, in percent?
  17. 17.₹3000 earns ₹240 simple interest at 4% a year. For how many years was it kept?
  18. 18.₹5000 earns ₹1200 simple interest in 4 years. What is the rate of interest per year, in percent?
  19. 19.Dev keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  20. 20.₹3000 earns ₹540 simple interest in 3 years. What is the rate of interest per year, in percent?
  21. 21.Aarav keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  22. 22.₹3000 earns ₹360 simple interest in 2 years. What is the rate of interest per year, in percent?
  23. 23.₹500 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  24. 24.Riya keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  25. 25.₹1500 earns ₹600 simple interest at 8% a year. For how many years was it kept?
  26. 26.Anaya keeps ₹1500 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  27. 27.₹3000 earns ₹720 simple interest in 3 years. What is the rate of interest per year, in percent?
  28. 28.Aarav keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  29. 29.Anaya keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  30. 30.Dev keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 5 years?
  31. 31.Kabir keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  32. 32.₹1500 earns ₹135 simple interest in 3 years. What is the rate of interest per year, in percent?
  33. 33.Dev keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 4 years?
  34. 34.₹1500 earns ₹600 simple interest in 4 years. What is the rate of interest per year, in percent?
  35. 35.₹500 earns ₹50 simple interest in 5 years. What is the rate of interest per year, in percent?
  36. 36.₹500 earns ₹10 simple interest at 2% a year. For how many years was it kept?
  37. 37.Rohan keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  38. 38.₹1500 earns ₹180 simple interest in 1 year. What is the rate of interest per year, in percent?
  39. 39.Riya keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  40. 40.₹2500 earns ₹175 simple interest in 1 year. What is the rate of interest per year, in percent?

Answer key

  1. 125
  2. 2550
  3. 1770
  4. 5
  5. 480
  6. 5800
  7. 150
  8. 2
  9. 3
  10. 1140
  11. 3
  12. 8
  13. 2
  14. 300
  15. 80
  16. 11
  17. 2
  18. 6
  19. 1040
  20. 6
  21. 545
  22. 6
  23. 8
  24. 575
  25. 5
  26. 1815
  27. 8
  28. 300
  29. 3480
  30. 1750
  31. 960
  32. 3
  33. 120
  34. 10
  35. 2
  36. 1
  37. 105
  38. 12
  39. 2550
  40. 7

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