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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 689 · 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.₹1500 earns ₹45 simple interest at 3% a year. For how many years was it kept?
  2. 2.₹2000 earns ₹300 simple interest at 3% a year. For how many years was it kept?
  3. 3.Sara keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Sara get in 1 year?
  4. 4.Aarav keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  5. 5.₹3000 earns ₹750 simple interest in 5 years. What is the rate of interest per year, in percent?
  6. 6.₹5000 earns ₹300 simple interest in 1 year. What is the rate of interest per year, in percent?
  7. 7.₹2000 earns ₹640 simple interest in 4 years. What is the rate of interest per year, in percent?
  8. 8.Dev keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  9. 9.Riya keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 5 years?
  10. 10.Dev keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 1 year?
  11. 11.₹2000 earns ₹480 simple interest at 8% a year. For how many years was it kept?
  12. 12.Ishaan keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  13. 13.₹1500 earns ₹495 simple interest in 3 years. What is the rate of interest per year, in percent?
  14. 14.₹1000 earns ₹100 simple interest at 10% a year. For how many years was it kept?
  15. 15.Anaya keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  16. 16.₹500 earns ₹100 simple interest at 5% a year. For how many years was it kept?
  17. 17.₹4000 earns ₹1760 simple interest in 4 years. What is the rate of interest per year, in percent?
  18. 18.₹500 earns ₹120 simple interest in 4 years. What is the rate of interest per year, in percent?
  19. 19.Arjun keeps ₹4000 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  20. 20.₹500 earns ₹120 simple interest at 6% a year. For how many years was it kept?
  21. 21.₹4000 earns ₹720 simple interest at 9% a year. For how many years was it kept?
  22. 22.₹500 earns ₹150 simple interest in 5 years. What is the rate of interest per year, in percent?
  23. 23.Ishaan keeps ₹2000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  24. 24.Kabir keeps ₹2500 in a bank at 6% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  25. 25.₹2000 earns ₹360 simple interest at 9% a year. For how many years was it kept?
  26. 26.Ishaan keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  27. 27.₹1000 earns ₹120 simple interest in 4 years. What is the rate of interest per year, in percent?
  28. 28.₹500 earns ₹100 simple interest at 10% a year. For how many years was it kept?
  29. 29.Anaya keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  30. 30.Riya keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Riya get in 1 year?
  31. 31.Kabir keeps ₹1000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  32. 32.Isha keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  33. 33.Riya keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  34. 34.₹1500 earns ₹300 simple interest in 2 years. What is the rate of interest per year, in percent?
  35. 35.₹5000 earns ₹500 simple interest in 2 years. What is the rate of interest per year, in percent?
  36. 36.Meera keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 4 years?
  37. 37.₹5000 earns ₹400 simple interest at 8% a year. For how many years was it kept?
  38. 38.₹1500 earns ₹525 simple interest at 7% a year. For how many years was it kept?
  39. 39.₹500 earns ₹140 simple interest at 7% a year. For how many years was it kept?
  40. 40.₹500 earns ₹60 simple interest in 3 years. What is the rate of interest per year, in percent?

Answer key

  1. 1
  2. 5
  3. 275
  4. 400
  5. 5
  6. 6
  7. 8
  8. 4480
  9. 2400
  10. 240
  11. 3
  12. 3000
  13. 11
  14. 1
  15. 600
  16. 4
  17. 11
  18. 6
  19. 6200
  20. 4
  21. 2
  22. 6
  23. 2140
  24. 600
  25. 2
  26. 1180
  27. 3
  28. 2
  29. 5750
  30. 440
  31. 1240
  32. 1270
  33. 1300
  34. 10
  35. 5
  36. 180
  37. 1
  38. 5
  39. 4
  40. 4

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