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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 718 · 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.₹1500 earns ₹225 simple interest in 5 years. What is the rate of interest per year, in percent?
  2. 2.₹1000 earns ₹70 simple interest at 7% a year. For how many years was it kept?
  3. 3.₹3000 earns ₹1320 simple interest at 11% a year. For how many years was it kept?
  4. 4.Riya keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  5. 5.Ishaan keeps ₹2000 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  6. 6.Arjun keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  7. 7.Meera keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  8. 8.Dev keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  9. 9.Ishaan keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  10. 10.₹500 earns ₹80 simple interest in 4 years. What is the rate of interest per year, in percent?
  11. 11.Riya keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Riya get in 3 years?
  12. 12.₹1000 earns ₹200 simple interest in 5 years. What is the rate of interest per year, in percent?
  13. 13.Diya keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 1 year?
  14. 14.₹5000 earns ₹1600 simple interest at 8% a year. For how many years was it kept?
  15. 15.₹5000 earns ₹1500 simple interest at 10% a year. For how many years was it kept?
  16. 16.₹1000 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  17. 17.₹500 earns ₹60 simple interest at 12% a year. For how many years was it kept?
  18. 18.Anaya keeps ₹5000 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  19. 19.₹2000 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  20. 20.₹1500 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  21. 21.Aarav keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  22. 22.Anaya keeps ₹2500 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  23. 23.Isha keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Isha get in 2 years?
  24. 24.Anaya keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  25. 25.₹1500 earns ₹165 simple interest in 1 year. What is the rate of interest per year, in percent?
  26. 26.₹5000 earns ₹700 simple interest in 2 years. What is the rate of interest per year, in percent?
  27. 27.₹500 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
  28. 28.₹4000 earns ₹2400 simple interest in 5 years. What is the rate of interest per year, in percent?
  29. 29.Anaya keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  30. 30.₹2500 earns ₹375 simple interest in 3 years. What is the rate of interest per year, in percent?
  31. 31.₹1500 earns ₹90 simple interest in 1 year. What is the rate of interest per year, in percent?
  32. 32.₹2500 earns ₹1375 simple interest at 11% a year. For how many years was it kept?
  33. 33.Diya keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  34. 34.₹2500 earns ₹525 simple interest at 7% a year. For how many years was it kept?
  35. 35.Meera keeps ₹5000 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  36. 36.Rohan keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  37. 37.₹500 earns ₹110 simple interest in 2 years. What is the rate of interest per year, in percent?
  38. 38.Anaya keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  39. 39.₹1000 earns ₹90 simple interest at 9% a year. For how many years was it kept?
  40. 40.Riya keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Riya get in 1 year?

Answer key

  1. 3
  2. 1
  3. 4
  4. 1090
  5. 540
  6. 4480
  7. 2320
  8. 5700
  9. 500
  10. 4
  11. 450
  12. 4
  13. 120
  14. 4
  15. 3
  16. 10
  17. 1
  18. 6000
  19. 5
  20. 4
  21. 60
  22. 3000
  23. 660
  24. 90
  25. 11
  26. 7
  27. 6
  28. 12
  29. 100
  30. 5
  31. 6
  32. 5
  33. 3630
  34. 3
  35. 6200
  36. 250
  37. 11
  38. 3960
  39. 1
  40. 280

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