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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 722 · 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.₹1000 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  2. 2.₹1500 earns ₹495 simple interest at 11% a year. For how many years was it kept?
  3. 3.₹1000 earns ₹120 simple interest at 3% a year. For how many years was it kept?
  4. 4.₹500 earns ₹40 simple interest at 4% a year. For how many years was it kept?
  5. 5.Arjun keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  6. 6.Kabir keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  7. 7.₹2000 earns ₹1000 simple interest in 5 years. What is the rate of interest per year, in percent?
  8. 8.Sara keeps ₹2500 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  9. 9.Diya keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 2 years?
  10. 10.Sara keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Sara get in 5 years?
  11. 11.₹1000 earns ₹80 simple interest at 8% a year. For how many years was it kept?
  12. 12.₹1500 earns ₹330 simple interest at 11% a year. For how many years was it kept?
  13. 13.Meera keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 5 years?
  14. 14.Ishaan keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  15. 15.Aarav keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  16. 16.Ishaan keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  17. 17.₹1000 earns ₹220 simple interest in 2 years. What is the rate of interest per year, in percent?
  18. 18.Meera keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  19. 19.₹2500 earns ₹875 simple interest at 7% a year. For how many years was it kept?
  20. 20.₹2000 earns ₹160 simple interest in 4 years. What is the rate of interest per year, in percent?
  21. 21.Ishaan keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  22. 22.₹5000 earns ₹100 simple interest at 2% a year. For how many years was it kept?
  23. 23.₹4000 earns ₹600 simple interest at 5% a year. For how many years was it kept?
  24. 24.₹1500 earns ₹90 simple interest in 3 years. What is the rate of interest per year, in percent?
  25. 25.Kabir keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  26. 26.Sara keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Sara get in 1 year?
  27. 27.₹2000 earns ₹640 simple interest in 4 years. What is the rate of interest per year, in percent?
  28. 28.Arjun keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  29. 29.Isha keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Isha get in 5 years?
  30. 30.₹1000 earns ₹210 simple interest at 7% a year. For how many years was it kept?
  31. 31.Sara keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Sara get in 1 year?
  32. 32.₹4000 earns ₹480 simple interest in 3 years. What is the rate of interest per year, in percent?
  33. 33.₹1000 earns ₹60 simple interest at 3% a year. For how many years was it kept?
  34. 34.Meera keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 2 years?
  35. 35.₹2000 earns ₹120 simple interest at 6% a year. For how many years was it kept?
  36. 36.Rohan keeps ₹2000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  37. 37.Sara keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  38. 38.Ishaan keeps ₹3000 in a bank at 7% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  39. 39.Diya keeps ₹5000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  40. 40.₹1000 earns ₹120 simple interest at 4% a year. For how many years was it kept?

Answer key

  1. 10
  2. 3
  3. 4
  4. 2
  5. 30
  6. 240
  7. 10
  8. 3400
  9. 400
  10. 1500
  11. 1
  12. 2
  13. 750
  14. 250
  15. 300
  16. 3960
  17. 11
  18. 555
  19. 5
  20. 2
  21. 2200
  22. 1
  23. 3
  24. 2
  25. 1080
  26. 110
  27. 8
  28. 1800
  29. 1800
  30. 3
  31. 60
  32. 4
  33. 2
  34. 200
  35. 1
  36. 2300
  37. 610
  38. 420
  39. 5800
  40. 3

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