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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 720 · 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 ₹60 simple interest at 3% a year. For how many years was it kept?
  2. 2.₹500 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  3. 3.Kabir keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  4. 4.₹3000 earns ₹1440 simple interest in 4 years. What is the rate of interest per year, in percent?
  5. 5.₹4000 earns ₹720 simple interest in 3 years. What is the rate of interest per year, in percent?
  6. 6.Dev keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Dev get in 4 years?
  7. 7.Aarav keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  8. 8.Meera keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  9. 9.Rohan keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  10. 10.Diya keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  11. 11.Riya keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 4 years?
  12. 12.₹2500 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  13. 13.₹500 earns ₹120 simple interest in 4 years. What is the rate of interest per year, in percent?
  14. 14.₹5000 earns ₹200 simple interest at 2% a year. For how many years was it kept?
  15. 15.Arjun keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  16. 16.₹2000 earns ₹960 simple interest at 12% a year. For how many years was it kept?
  17. 17.₹5000 earns ₹350 simple interest in 1 year. What is the rate of interest per year, in percent?
  18. 18.₹2500 earns ₹250 simple interest in 2 years. What is the rate of interest per year, in percent?
  19. 19.₹2000 earns ₹140 simple interest at 7% a year. For how many years was it kept?
  20. 20.₹4000 earns ₹400 simple interest in 1 year. What is the rate of interest per year, in percent?
  21. 21.Rohan keeps ₹5000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  22. 22.Diya keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Diya get in 1 year?
  23. 23.Anaya keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  24. 24.₹2500 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  25. 25.Arjun keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  26. 26.₹2000 earns ₹80 simple interest in 1 year. What is the rate of interest per year, in percent?
  27. 27.₹1000 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  28. 28.Ishaan keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  29. 29.Kabir keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  30. 30.₹3000 earns ₹480 simple interest at 8% a year. For how many years was it kept?
  31. 31.Rohan keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  32. 32.Isha keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Isha get in 3 years?
  33. 33.₹500 earns ₹40 simple interest at 4% a year. For how many years was it kept?
  34. 34.₹1000 earns ₹550 simple interest in 5 years. What is the rate of interest per year, in percent?
  35. 35.₹500 earns ₹75 simple interest in 5 years. What is the rate of interest per year, in percent?
  36. 36.Kabir keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  37. 37.Dev keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Dev get in 2 years?
  38. 38.Meera keeps ₹2500 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  39. 39.Meera keeps ₹2500 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  40. 40.Sara keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Sara get in 5 years?

Answer key

  1. 4
  2. 4
  3. 300
  4. 12
  5. 6
  6. 1320
  7. 60
  8. 2200
  9. 225
  10. 3500
  11. 300
  12. 2
  13. 6
  14. 2
  15. 90
  16. 4
  17. 7
  18. 5
  19. 1
  20. 10
  21. 5900
  22. 360
  23. 480
  24. 4
  25. 720
  26. 4
  27. 6
  28. 3240
  29. 4320
  30. 2
  31. 530
  32. 120
  33. 2
  34. 11
  35. 3
  36. 2800
  37. 540
  38. 3500
  39. 3400
  40. 200

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