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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 713 · 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.₹4000 earns ₹320 simple interest in 1 year. What is the rate of interest per year, in percent?
  2. 2.₹5000 earns ₹1050 simple interest in 3 years. What is the rate of interest per year, in percent?
  3. 3.₹1500 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  4. 4.₹4000 earns ₹640 simple interest in 2 years. What is the rate of interest per year, in percent?
  5. 5.₹1000 earns ₹100 simple interest at 10% a year. For how many years was it kept?
  6. 6.₹4000 earns ₹120 simple interest at 3% a year. For how many years was it kept?
  7. 7.₹1500 earns ₹225 simple interest in 5 years. What is the rate of interest per year, in percent?
  8. 8.₹2500 earns ₹200 simple interest at 4% a year. For how many years was it kept?
  9. 9.₹2500 earns ₹375 simple interest in 5 years. What is the rate of interest per year, in percent?
  10. 10.Anaya keeps ₹5000 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  11. 11.Sara keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Sara get in 3 years?
  12. 12.Anaya keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  13. 13.Meera keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 3 years?
  14. 14.Isha keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  15. 15.₹2500 earns ₹50 simple interest at 2% a year. For how many years was it kept?
  16. 16.₹500 earns ₹160 simple interest in 4 years. What is the rate of interest per year, in percent?
  17. 17.Isha keeps ₹1500 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  18. 18.Isha keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 1 year?
  19. 19.₹1000 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  20. 20.Riya keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 4 years?
  21. 21.Meera keeps ₹2500 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  22. 22.₹4000 earns ₹2200 simple interest at 11% a year. For how many years was it kept?
  23. 23.₹4000 earns ₹560 simple interest in 2 years. What is the rate of interest per year, in percent?
  24. 24.₹2500 earns ₹200 simple interest at 8% a year. For how many years was it kept?
  25. 25.Meera keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  26. 26.₹1000 earns ₹110 simple interest at 11% a year. For how many years was it kept?
  27. 27.Riya keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 3 years?
  28. 28.Sara keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  29. 29.₹2000 earns ₹720 simple interest in 4 years. What is the rate of interest per year, in percent?
  30. 30.₹2000 earns ₹200 simple interest at 10% a year. For how many years was it kept?
  31. 31.Sara keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  32. 32.₹2000 earns ₹220 simple interest in 1 year. What is the rate of interest per year, in percent?
  33. 33.Sara keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 5 years?
  34. 34.Ishaan keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  35. 35.₹2000 earns ₹240 simple interest in 1 year. What is the rate of interest per year, in percent?
  36. 36.₹1000 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  37. 37.₹1000 earns ₹70 simple interest at 7% a year. For how many years was it kept?
  38. 38.Riya keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  39. 39.₹500 earns ₹110 simple interest at 11% a year. For how many years was it kept?
  40. 40.₹500 earns ₹60 simple interest at 12% a year. For how many years was it kept?

Answer key

  1. 8
  2. 7
  3. 10
  4. 8
  5. 1
  6. 1
  7. 3
  8. 2
  9. 3
  10. 6500
  11. 750
  12. 135
  13. 600
  14. 2720
  15. 1
  16. 8
  17. 1725
  18. 75
  19. 2
  20. 400
  21. 3400
  22. 5
  23. 7
  24. 1
  25. 1050
  26. 1
  27. 360
  28. 1635
  29. 9
  30. 1
  31. 2120
  32. 11
  33. 200
  34. 2200
  35. 12
  36. 5
  37. 1
  38. 4120
  39. 2
  40. 1

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