← Simple interest and the rate lesson New set →

Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 704 · 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 ₹350 simple interest in 2 years. What is the rate of interest per year, in percent?
  2. 2.Riya keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 1 year?
  3. 3.Aarav keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  4. 4.Ishaan keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  5. 5.₹4000 earns ₹720 simple interest at 6% a year. For how many years was it kept?
  6. 6.₹4000 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  7. 7.Dev keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  8. 8.₹2000 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  9. 9.Riya keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Riya get in 1 year?
  10. 10.Diya keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 1 year?
  11. 11.Arjun keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  12. 12.₹1000 earns ₹280 simple interest in 4 years. What is the rate of interest per year, in percent?
  13. 13.₹1000 earns ₹210 simple interest at 7% a year. For how many years was it kept?
  14. 14.Kabir keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  15. 15.Meera keeps ₹1500 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  16. 16.₹5000 earns ₹1250 simple interest at 5% a year. For how many years was it kept?
  17. 17.Meera keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 1 year?
  18. 18.₹3000 earns ₹210 simple interest in 1 year. What is the rate of interest per year, in percent?
  19. 19.₹1000 earns ₹90 simple interest at 9% a year. For how many years was it kept?
  20. 20.₹2500 earns ₹175 simple interest at 7% a year. For how many years was it kept?
  21. 21.Diya keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Diya get in 5 years?
  22. 22.Meera keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  23. 23.Isha keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Isha get in 3 years?
  24. 24.₹2500 earns ₹450 simple interest in 2 years. What is the rate of interest per year, in percent?
  25. 25.Isha keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Isha get in 1 year?
  26. 26.Sara keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Sara get in 1 year?
  27. 27.₹5000 earns ₹400 simple interest at 8% a year. For how many years was it kept?
  28. 28.Anaya keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  29. 29.₹1000 earns ₹200 simple interest at 10% a year. For how many years was it kept?
  30. 30.₹2500 earns ₹875 simple interest at 7% a year. For how many years was it kept?
  31. 31.₹2000 earns ₹320 simple interest at 4% a year. For how many years was it kept?
  32. 32.Sara keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Sara get in 4 years?
  33. 33.₹2000 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  34. 34.₹2000 earns ₹720 simple interest in 3 years. What is the rate of interest per year, in percent?
  35. 35.₹1500 earns ₹90 simple interest in 2 years. What is the rate of interest per year, in percent?
  36. 36.Diya keeps ₹5000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  37. 37.₹1500 earns ₹270 simple interest in 2 years. What is the rate of interest per year, in percent?
  38. 38.₹2000 earns ₹660 simple interest at 11% a year. For how many years was it kept?
  39. 39.Dev keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  40. 40.₹5000 earns ₹300 simple interest at 6% a year. For how many years was it kept?

Answer key

  1. 7
  2. 60
  3. 1000
  4. 500
  5. 3
  6. 5
  7. 2600
  8. 10
  9. 550
  10. 150
  11. 720
  12. 7
  13. 3
  14. 3660
  15. 1725
  16. 5
  17. 350
  18. 7
  19. 1
  20. 1
  21. 300
  22. 4500
  23. 1050
  24. 9
  25. 240
  26. 270
  27. 1
  28. 480
  29. 2
  30. 5
  31. 4
  32. 120
  33. 5
  34. 12
  35. 3
  36. 5250
  37. 9
  38. 3
  39. 6750
  40. 1

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