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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 710 · 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.Kabir keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  2. 2.₹4000 earns ₹600 simple interest in 3 years. What is the rate of interest per year, in percent?
  3. 3.₹1500 earns ₹90 simple interest in 1 year. What is the rate of interest per year, in percent?
  4. 4.₹500 earns ₹250 simple interest in 5 years. What is the rate of interest per year, in percent?
  5. 5.₹2500 earns ₹75 simple interest at 3% a year. For how many years was it kept?
  6. 6.Ishaan keeps ₹1500 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  7. 7.Kabir keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  8. 8.₹3000 earns ₹1650 simple interest in 5 years. What is the rate of interest per year, in percent?
  9. 9.Dev keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Dev get in 2 years?
  10. 10.₹2500 earns ₹750 simple interest in 3 years. What is the rate of interest per year, in percent?
  11. 11.₹5000 earns ₹2000 simple interest in 5 years. What is the rate of interest per year, in percent?
  12. 12.₹2000 earns ₹600 simple interest at 10% a year. For how many years was it kept?
  13. 13.₹1000 earns ₹140 simple interest at 7% a year. For how many years was it kept?
  14. 14.Meera keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Meera get in 2 years?
  15. 15.₹2000 earns ₹200 simple interest in 1 year. What is the rate of interest per year, in percent?
  16. 16.Kabir keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  17. 17.₹1000 earns ₹120 simple interest at 12% a year. For how many years was it kept?
  18. 18.₹1500 earns ₹330 simple interest in 2 years. What is the rate of interest per year, in percent?
  19. 19.Dev keeps ₹1500 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  20. 20.₹3000 earns ₹600 simple interest at 5% a year. For how many years was it kept?
  21. 21.₹1000 earns ₹60 simple interest at 6% a year. For how many years was it kept?
  22. 22.₹2500 earns ₹300 simple interest at 4% a year. For how many years was it kept?
  23. 23.₹2000 earns ₹160 simple interest at 4% a year. For how many years was it kept?
  24. 24.Rohan keeps ₹1500 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  25. 25.₹500 earns ₹200 simple interest in 4 years. What is the rate of interest per year, in percent?
  26. 26.Rohan keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  27. 27.Kabir keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  28. 28.₹4000 earns ₹2200 simple interest at 11% a year. For how many years was it kept?
  29. 29.₹1000 earns ₹480 simple interest in 4 years. What is the rate of interest per year, in percent?
  30. 30.Riya keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  31. 31.Kabir keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  32. 32.Anaya keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  33. 33.₹1500 earns ₹750 simple interest at 10% a year. For how many years was it kept?
  34. 34.Riya keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 4 years?
  35. 35.Arjun keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  36. 36.Dev keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Dev get in 1 year?
  37. 37.₹2000 earns ₹440 simple interest at 11% a year. For how many years was it kept?
  38. 38.₹4000 earns ₹360 simple interest at 3% a year. For how many years was it kept?
  39. 39.₹2000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  40. 40.Anaya keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Anaya get in 5 years?

Answer key

  1. 600
  2. 5
  3. 6
  4. 10
  5. 1
  6. 1650
  7. 530
  8. 11
  9. 60
  10. 10
  11. 8
  12. 3
  13. 2
  14. 180
  15. 10
  16. 600
  17. 1
  18. 11
  19. 1920
  20. 4
  21. 1
  22. 3
  23. 2
  24. 1680
  25. 10
  26. 5400
  27. 1120
  28. 5
  29. 12
  30. 4350
  31. 90
  32. 3300
  33. 5
  34. 180
  35. 555
  36. 75
  37. 2
  38. 3
  39. 6
  40. 450

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