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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 703 · 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 ₹540 simple interest at 9% a year. For how many years was it kept?
  2. 2.₹1500 earns ₹540 simple interest at 9% a year. For how many years was it kept?
  3. 3.Riya keeps ₹1000 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  4. 4.₹1500 earns ₹135 simple interest at 3% a year. For how many years was it kept?
  5. 5.Anaya keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  6. 6.₹5000 earns ₹800 simple interest in 2 years. What is the rate of interest per year, in percent?
  7. 7.₹1000 earns ₹180 simple interest at 6% a year. For how many years was it kept?
  8. 8.Kabir keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  9. 9.Diya keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  10. 10.Dev keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  11. 11.Meera keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  12. 12.Aarav keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  13. 13.₹1000 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  14. 14.₹500 earns ₹125 simple interest in 5 years. What is the rate of interest per year, in percent?
  15. 15.₹2500 earns ₹875 simple interest at 7% a year. For how many years was it kept?
  16. 16.₹1500 earns ₹360 simple interest in 4 years. What is the rate of interest per year, in percent?
  17. 17.₹1000 earns ₹110 simple interest at 11% a year. For how many years was it kept?
  18. 18.Anaya keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  19. 19.₹1000 earns ₹40 simple interest at 4% a year. For how many years was it kept?
  20. 20.₹2500 earns ₹600 simple interest in 3 years. What is the rate of interest per year, in percent?
  21. 21.₹1000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  22. 22.₹3000 earns ₹180 simple interest at 2% a year. For how many years was it kept?
  23. 23.Riya keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  24. 24.Riya keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 5 years?
  25. 25.₹1500 earns ₹90 simple interest in 3 years. What is the rate of interest per year, in percent?
  26. 26.₹5000 earns ₹2000 simple interest at 10% a year. For how many years was it kept?
  27. 27.₹1500 earns ₹135 simple interest in 1 year. What is the rate of interest per year, in percent?
  28. 28.₹2500 earns ₹1375 simple interest in 5 years. What is the rate of interest per year, in percent?
  29. 29.Riya keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  30. 30.₹5000 earns ₹500 simple interest at 5% a year. For how many years was it kept?
  31. 31.₹500 earns ₹135 simple interest at 9% a year. For how many years was it kept?
  32. 32.Meera keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  33. 33.Kabir keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  34. 34.Meera keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 1 year?
  35. 35.Meera keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Meera get in 1 year?
  36. 36.Sara keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  37. 37.Riya keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 1 year?
  38. 38.Meera keeps ₹2500 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  39. 39.Aarav keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  40. 40.Aarav keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 1 year?

Answer key

  1. 3
  2. 4
  3. 1120
  4. 3
  5. 125
  6. 8
  7. 3
  8. 450
  9. 540
  10. 1980
  11. 2800
  12. 40
  13. 6
  14. 5
  15. 5
  16. 6
  17. 1
  18. 1020
  19. 1
  20. 8
  21. 4
  22. 3
  23. 3240
  24. 1000
  25. 2
  26. 4
  27. 9
  28. 11
  29. 1060
  30. 2
  31. 3
  32. 2240
  33. 300
  34. 300
  35. 90
  36. 6000
  37. 135
  38. 3200
  39. 150
  40. 20

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