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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 705 · 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.₹500 earns ₹300 simple interest at 12% a year. For how many years was it kept?
  2. 2.Anaya keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  3. 3.Aarav keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  4. 4.Riya keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Riya get in 4 years?
  5. 5.₹2500 earns ₹825 simple interest at 11% a year. For how many years was it kept?
  6. 6.Meera keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 3 years?
  7. 7.Isha keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Isha get in 1 year?
  8. 8.₹500 earns ₹20 simple interest in 1 year. What is the rate of interest per year, in percent?
  9. 9.Anaya keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  10. 10.Dev keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Dev get in 1 year?
  11. 11.₹2500 earns ₹250 simple interest in 1 year. What is the rate of interest per year, in percent?
  12. 12.Arjun keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  13. 13.₹1000 earns ₹90 simple interest at 9% a year. For how many years was it kept?
  14. 14.₹500 earns ₹200 simple interest at 8% a year. For how many years was it kept?
  15. 15.Aarav keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  16. 16.Ishaan keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  17. 17.₹500 earns ₹225 simple interest in 5 years. What is the rate of interest per year, in percent?
  18. 18.₹1000 earns ₹270 simple interest in 3 years. What is the rate of interest per year, in percent?
  19. 19.Sara keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Sara get in 2 years?
  20. 20.Dev keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 5 years?
  21. 21.Rohan keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  22. 22.Riya keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Riya get in 4 years?
  23. 23.₹1000 earns ₹20 simple interest in 1 year. What is the rate of interest per year, in percent?
  24. 24.Arjun keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  25. 25.Meera keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 3 years?
  26. 26.₹500 earns ₹60 simple interest at 3% a year. For how many years was it kept?
  27. 27.₹1500 earns ₹180 simple interest at 12% a year. For how many years was it kept?
  28. 28.Arjun keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  29. 29.₹5000 earns ₹1050 simple interest in 3 years. What is the rate of interest per year, in percent?
  30. 30.₹3000 earns ₹1800 simple interest at 12% a year. For how many years was it kept?
  31. 31.₹2000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  32. 32.₹1500 earns ₹300 simple interest at 5% a year. For how many years was it kept?
  33. 33.₹1000 earns ₹200 simple interest at 5% a year. For how many years was it kept?
  34. 34.Kabir keeps ₹4000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  35. 35.₹3000 earns ₹210 simple interest in 1 year. What is the rate of interest per year, in percent?
  36. 36.₹2500 earns ₹300 simple interest in 1 year. What is the rate of interest per year, in percent?
  37. 37.₹5000 earns ₹600 simple interest in 4 years. What is the rate of interest per year, in percent?
  38. 38.₹3000 earns ₹1440 simple interest at 12% a year. For how many years was it kept?
  39. 39.Rohan keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  40. 40.₹1000 earns ₹140 simple interest at 7% a year. For how many years was it kept?

Answer key

  1. 5
  2. 5120
  3. 1650
  4. 1760
  5. 3
  6. 1500
  7. 60
  8. 4
  9. 50
  10. 160
  11. 10
  12. 1360
  13. 1
  14. 5
  15. 1080
  16. 140
  17. 9
  18. 9
  19. 480
  20. 1400
  21. 1280
  22. 800
  23. 2
  24. 560
  25. 450
  26. 4
  27. 1
  28. 7400
  29. 7
  30. 5
  31. 6
  32. 4
  33. 4
  34. 4960
  35. 7
  36. 12
  37. 3
  38. 4
  39. 3480
  40. 2

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