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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 688 · 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.₹2500 earns ₹200 simple interest at 4% a year. For how many years was it kept?
  2. 2.Kabir keeps ₹3000 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  3. 3.Riya keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Riya get in 2 years?
  4. 4.₹500 earns ₹200 simple interest at 8% a year. For how many years was it kept?
  5. 5.Sara keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  6. 6.Rohan keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  7. 7.₹2500 earns ₹200 simple interest at 8% a year. For how many years was it kept?
  8. 8.Arjun keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  9. 9.₹500 earns ₹70 simple interest at 7% a year. For how many years was it kept?
  10. 10.₹1500 earns ₹360 simple interest at 6% a year. For how many years was it kept?
  11. 11.₹2500 earns ₹100 simple interest at 4% a year. For how many years was it kept?
  12. 12.₹2000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  13. 13.₹2000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  14. 14.Meera keeps ₹1500 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  15. 15.₹2000 earns ₹720 simple interest at 9% a year. For how many years was it kept?
  16. 16.₹2000 earns ₹400 simple interest at 4% a year. For how many years was it kept?
  17. 17.Sara keeps ₹2500 in a bank at 6% simple interest a year. How many rupees of interest does Sara get in 5 years?
  18. 18.₹3000 earns ₹270 simple interest in 3 years. What is the rate of interest per year, in percent?
  19. 19.Riya keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 3 years?
  20. 20.₹500 earns ₹50 simple interest in 5 years. What is the rate of interest per year, in percent?
  21. 21.₹4000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  22. 22.₹1500 earns ₹150 simple interest at 10% a year. For how many years was it kept?
  23. 23.Riya keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 1 year?
  24. 24.Diya keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  25. 25.Arjun keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  26. 26.₹5000 earns ₹600 simple interest in 3 years. What is the rate of interest per year, in percent?
  27. 27.Ishaan keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  28. 28.Sara keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  29. 29.₹1500 earns ₹90 simple interest at 3% a year. For how many years was it kept?
  30. 30.₹1000 earns ₹90 simple interest at 9% a year. For how many years was it kept?
  31. 31.Rohan keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  32. 32.Isha keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Isha get in 4 years?
  33. 33.₹500 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  34. 34.₹1000 earns ₹30 simple interest at 3% a year. For how many years was it kept?
  35. 35.Diya keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  36. 36.₹2000 earns ₹500 simple interest at 5% a year. For how many years was it kept?
  37. 37.₹1500 earns ₹30 simple interest at 2% a year. For how many years was it kept?
  38. 38.Aarav keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  39. 39.Aarav keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  40. 40.Aarav keeps ₹1000 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?

Answer key

  1. 2
  2. 630
  3. 200
  4. 5
  5. 2040
  6. 400
  7. 1
  8. 90
  9. 2
  10. 4
  11. 1
  12. 6
  13. 3
  14. 1605
  15. 4
  16. 5
  17. 750
  18. 3
  19. 600
  20. 2
  21. 2
  22. 1
  23. 20
  24. 2600
  25. 200
  26. 4
  27. 270
  28. 2725
  29. 2
  30. 1
  31. 800
  32. 180
  33. 4
  34. 1
  35. 5500
  36. 5
  37. 1
  38. 450
  39. 2100
  40. 1110

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