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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 724 · 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.Diya keeps ₹4000 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  2. 2.₹4000 earns ₹1440 simple interest at 12% a year. For how many years was it kept?
  3. 3.Kabir keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  4. 4.Sara keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Sara get in 1 year?
  5. 5.Anaya keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  6. 6.₹2000 earns ₹480 simple interest in 3 years. What is the rate of interest per year, in percent?
  7. 7.Anaya keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  8. 8.Dev keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Dev get in 5 years?
  9. 9.Diya keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  10. 10.Meera keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 5 years?
  11. 11.Diya keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Diya get in 2 years?
  12. 12.₹1000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  13. 13.Rohan keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  14. 14.Aarav keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  15. 15.₹3000 earns ₹540 simple interest in 2 years. What is the rate of interest per year, in percent?
  16. 16.Meera keeps ₹3000 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  17. 17.₹5000 earns ₹1200 simple interest at 6% a year. For how many years was it kept?
  18. 18.₹3000 earns ₹180 simple interest in 1 year. What is the rate of interest per year, in percent?
  19. 19.₹1000 earns ₹440 simple interest in 4 years. What is the rate of interest per year, in percent?
  20. 20.Aarav keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  21. 21.₹500 earns ₹105 simple interest at 7% a year. For how many years was it kept?
  22. 22.Aarav keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  23. 23.₹500 earns ₹110 simple interest in 2 years. What is the rate of interest per year, in percent?
  24. 24.₹4000 earns ₹1000 simple interest in 5 years. What is the rate of interest per year, in percent?
  25. 25.₹1500 earns ₹180 simple interest at 6% a year. For how many years was it kept?
  26. 26.Sara keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 5 years?
  27. 27.Kabir keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  28. 28.Kabir keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  29. 29.Dev keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  30. 30.Aarav keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  31. 31.Meera keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  32. 32.₹2000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  33. 33.Meera keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  34. 34.₹500 earns ₹150 simple interest at 6% a year. For how many years was it kept?
  35. 35.Aarav keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  36. 36.Diya keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Diya get in 5 years?
  37. 37.₹4000 earns ₹800 simple interest at 4% a year. For how many years was it kept?
  38. 38.Anaya keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  39. 39.Rohan keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  40. 40.Meera keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 1 year?

Answer key

  1. 4800
  2. 3
  3. 2160
  4. 105
  5. 80
  6. 8
  7. 1200
  8. 400
  9. 3120
  10. 875
  11. 320
  12. 12
  13. 30
  14. 15
  15. 9
  16. 4080
  17. 4
  18. 6
  19. 11
  20. 4080
  21. 3
  22. 75
  23. 11
  24. 5
  25. 2
  26. 100
  27. 90
  28. 2720
  29. 1120
  30. 220
  31. 1160
  32. 4
  33. 2040
  34. 5
  35. 2175
  36. 225
  37. 5
  38. 105
  39. 2700
  40. 100

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