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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 708 · 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.Riya keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 5 years?
  2. 2.Aarav keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  3. 3.₹1500 earns ₹30 simple interest at 2% a year. For how many years was it kept?
  4. 4.₹2000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  5. 5.Sara keeps ₹4000 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  6. 6.₹2500 earns ₹200 simple interest in 4 years. What is the rate of interest per year, in percent?
  7. 7.₹1000 earns ₹180 simple interest at 9% a year. For how many years was it kept?
  8. 8.₹500 earns ₹50 simple interest at 2% a year. For how many years was it kept?
  9. 9.₹4000 earns ₹200 simple interest in 1 year. What is the rate of interest per year, in percent?
  10. 10.₹3000 earns ₹90 simple interest in 1 year. What is the rate of interest per year, in percent?
  11. 11.₹5000 earns ₹1400 simple interest at 7% a year. For how many years was it kept?
  12. 12.₹500 earns ₹50 simple interest at 5% a year. For how many years was it kept?
  13. 13.Anaya keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  14. 14.Meera keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  15. 15.₹1000 earns ₹120 simple interest in 3 years. What is the rate of interest per year, in percent?
  16. 16.₹5000 earns ₹2400 simple interest at 12% a year. For how many years was it kept?
  17. 17.Kabir keeps ₹4000 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  18. 18.Arjun keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  19. 19.₹1500 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  20. 20.Anaya keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  21. 21.₹2000 earns ₹1100 simple interest in 5 years. What is the rate of interest per year, in percent?
  22. 22.₹2500 earns ₹150 simple interest in 3 years. What is the rate of interest per year, in percent?
  23. 23.Kabir keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  24. 24.₹1000 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
  25. 25.Kabir keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  26. 26.₹3000 earns ₹270 simple interest in 1 year. What is the rate of interest per year, in percent?
  27. 27.Ishaan keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  28. 28.Meera keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 3 years?
  29. 29.Rohan keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  30. 30.₹5000 earns ₹900 simple interest at 9% a year. For how many years was it kept?
  31. 31.₹1500 earns ₹180 simple interest in 2 years. What is the rate of interest per year, in percent?
  32. 32.Anaya keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  33. 33.Riya keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  34. 34.₹2000 earns ₹800 simple interest at 10% a year. For how many years was it kept?
  35. 35.₹4000 earns ₹400 simple interest at 5% a year. For how many years was it kept?
  36. 36.Aarav keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  37. 37.Kabir keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  38. 38.Kabir keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  39. 39.₹3000 earns ₹540 simple interest in 2 years. What is the rate of interest per year, in percent?
  40. 40.₹1500 earns ₹450 simple interest at 6% a year. For how many years was it kept?

Answer key

  1. 100
  2. 1560
  3. 1
  4. 4
  5. 4400
  6. 2
  7. 2
  8. 5
  9. 5
  10. 3
  11. 4
  12. 2
  13. 1060
  14. 4560
  15. 4
  16. 4
  17. 5760
  18. 1280
  19. 10
  20. 3420
  21. 11
  22. 2
  23. 15
  24. 3
  25. 1120
  26. 9
  27. 3000
  28. 1050
  29. 1200
  30. 2
  31. 6
  32. 575
  33. 1680
  34. 4
  35. 2
  36. 3700
  37. 450
  38. 1590
  39. 9
  40. 5

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