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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 711 · 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 ₹100 simple interest at 10% a year. For how many years was it kept?
  2. 2.₹3000 earns ₹300 simple interest at 10% a year. For how many years was it kept?
  3. 3.₹2500 earns ₹375 simple interest in 3 years. What is the rate of interest per year, in percent?
  4. 4.Ishaan keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  5. 5.₹5000 earns ₹1000 simple interest at 4% a year. For how many years was it kept?
  6. 6.Riya keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  7. 7.₹3000 earns ₹840 simple interest at 7% a year. For how many years was it kept?
  8. 8.Ishaan keeps ₹3000 in a bank at 7% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  9. 9.₹3000 earns ₹360 simple interest in 2 years. What is the rate of interest per year, in percent?
  10. 10.₹3000 earns ₹720 simple interest at 6% a year. For how many years was it kept?
  11. 11.Arjun keeps ₹2000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  12. 12.₹4000 earns ₹800 simple interest in 2 years. What is the rate of interest per year, in percent?
  13. 13.Aarav keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  14. 14.Rohan keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  15. 15.Meera keeps ₹2500 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  16. 16.₹5000 earns ₹1400 simple interest at 7% a year. For how many years was it kept?
  17. 17.₹2000 earns ₹400 simple interest at 10% a year. For how many years was it kept?
  18. 18.₹1000 earns ₹80 simple interest in 4 years. What is the rate of interest per year, in percent?
  19. 19.₹1500 earns ₹150 simple interest at 2% a year. For how many years was it kept?
  20. 20.Dev keeps ₹2000 in a bank at 11% simple interest a year. How many rupees of interest does Dev get in 1 year?
  21. 21.₹1000 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
  22. 22.₹1500 earns ₹210 simple interest in 2 years. What is the rate of interest per year, in percent?
  23. 23.₹1000 earns ₹80 simple interest at 8% a year. For how many years was it kept?
  24. 24.₹1000 earns ₹150 simple interest in 3 years. What is the rate of interest per year, in percent?
  25. 25.₹5000 earns ₹300 simple interest in 2 years. What is the rate of interest per year, in percent?
  26. 26.Riya keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 1 year?
  27. 27.₹3000 earns ₹240 simple interest in 4 years. What is the rate of interest per year, in percent?
  28. 28.Ishaan keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  29. 29.₹5000 earns ₹500 simple interest at 2% a year. For how many years was it kept?
  30. 30.₹5000 earns ₹1800 simple interest in 4 years. What is the rate of interest per year, in percent?
  31. 31.Isha keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Isha get in 2 years?
  32. 32.₹3000 earns ₹360 simple interest at 6% a year. For how many years was it kept?
  33. 33.₹4000 earns ₹1000 simple interest in 5 years. What is the rate of interest per year, in percent?
  34. 34.₹3000 earns ₹1350 simple interest in 5 years. What is the rate of interest per year, in percent?
  35. 35.₹500 earns ₹90 simple interest in 2 years. What is the rate of interest per year, in percent?
  36. 36.Aarav keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  37. 37.₹2000 earns ₹320 simple interest in 4 years. What is the rate of interest per year, in percent?
  38. 38.₹3000 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  39. 39.₹3000 earns ₹300 simple interest in 2 years. What is the rate of interest per year, in percent?
  40. 40.Diya keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Diya get in 3 years?

Answer key

  1. 2
  2. 1
  3. 5
  4. 5600
  5. 5
  6. 1320
  7. 4
  8. 1050
  9. 6
  10. 4
  11. 2060
  12. 10
  13. 165
  14. 70
  15. 3050
  16. 4
  17. 2
  18. 2
  19. 5
  20. 220
  21. 3
  22. 7
  23. 1
  24. 5
  25. 3
  26. 270
  27. 2
  28. 40
  29. 5
  30. 9
  31. 80
  32. 2
  33. 5
  34. 9
  35. 9
  36. 300
  37. 4
  38. 2
  39. 5
  40. 1500

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