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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 706 · 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 ₹200 simple interest in 5 years. What is the rate of interest per year, in percent?
  2. 2.₹500 earns ₹50 simple interest in 2 years. What is the rate of interest per year, in percent?
  3. 3.Dev keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 4 years?
  4. 4.₹500 earns ₹180 simple interest at 9% a year. For how many years was it kept?
  5. 5.Isha keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Isha get in 5 years?
  6. 6.₹500 earns ₹30 simple interest in 3 years. What is the rate of interest per year, in percent?
  7. 7.₹1500 earns ₹135 simple interest at 3% a year. For how many years was it kept?
  8. 8.₹2000 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  9. 9.Arjun keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  10. 10.₹1000 earns ₹200 simple interest in 4 years. What is the rate of interest per year, in percent?
  11. 11.Riya keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  12. 12.Aarav keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  13. 13.₹5000 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  14. 14.Meera keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  15. 15.₹5000 earns ₹2750 simple interest at 11% a year. For how many years was it kept?
  16. 16.Dev keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Dev get in 3 years?
  17. 17.Meera keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 2 years?
  18. 18.Aarav keeps ₹2500 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  19. 19.Meera keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 4 years?
  20. 20.Aarav keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  21. 21.Meera keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  22. 22.₹2500 earns ₹875 simple interest in 5 years. What is the rate of interest per year, in percent?
  23. 23.Sara keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  24. 24.₹500 earns ₹55 simple interest at 11% a year. For how many years was it kept?
  25. 25.₹1500 earns ₹45 simple interest at 3% a year. For how many years was it kept?
  26. 26.Kabir keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  27. 27.₹2000 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  28. 28.₹500 earns ₹250 simple interest at 10% a year. For how many years was it kept?
  29. 29.Rohan keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  30. 30.Arjun keeps ₹5000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  31. 31.Kabir keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  32. 32.₹1000 earns ₹120 simple interest at 12% a year. For how many years was it kept?
  33. 33.Meera keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  34. 34.Arjun keeps ₹2500 in a bank at 6% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  35. 35.₹1000 earns ₹40 simple interest in 2 years. What is the rate of interest per year, in percent?
  36. 36.Ishaan keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  37. 37.₹1000 earns ₹100 simple interest at 10% a year. For how many years was it kept?
  38. 38.Meera keeps ₹500 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  39. 39.Rohan keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  40. 40.₹3000 earns ₹240 simple interest in 1 year. What is the rate of interest per year, in percent?

Answer key

  1. 8
  2. 5
  3. 120
  4. 4
  5. 150
  6. 2
  7. 3
  8. 1
  9. 3060
  10. 5
  11. 4600
  12. 1760
  13. 4
  14. 2700
  15. 5
  16. 90
  17. 640
  18. 2675
  19. 400
  20. 225
  21. 1060
  22. 7
  23. 1240
  24. 1
  25. 1
  26. 2900
  27. 5
  28. 5
  29. 60
  30. 5400
  31. 105
  32. 1
  33. 575
  34. 600
  35. 2
  36. 680
  37. 1
  38. 560
  39. 200
  40. 8

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