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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 728 · 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.₹3000 earns ₹210 simple interest at 7% a year. For how many years was it kept?
  2. 2.₹5000 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  3. 3.₹1500 earns ₹300 simple interest at 10% a year. For how many years was it kept?
  4. 4.Rohan keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  5. 5.Sara keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Sara get in 5 years?
  6. 6.₹5000 earns ₹1800 simple interest at 9% a year. For how many years was it kept?
  7. 7.₹500 earns ₹75 simple interest at 3% a year. For how many years was it kept?
  8. 8.Dev keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  9. 9.₹2500 earns ₹1000 simple interest in 5 years. What is the rate of interest per year, in percent?
  10. 10.₹2500 earns ₹875 simple interest in 5 years. What is the rate of interest per year, in percent?
  11. 11.Dev keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  12. 12.Kabir keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  13. 13.Sara keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  14. 14.Sara keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  15. 15.Ishaan keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  16. 16.Diya keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 4 years?
  17. 17.Kabir keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  18. 18.Meera keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 5 years?
  19. 19.Rohan keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  20. 20.Rohan keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  21. 21.Meera keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  22. 22.Aarav keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  23. 23.Rohan keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  24. 24.Aarav keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  25. 25.Isha keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Isha get in 1 year?
  26. 26.₹1500 earns ₹750 simple interest in 5 years. What is the rate of interest per year, in percent?
  27. 27.Dev keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 1 year?
  28. 28.₹2500 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  29. 29.₹1000 earns ₹20 simple interest at 2% a year. For how many years was it kept?
  30. 30.₹500 earns ₹25 simple interest in 1 year. What is the rate of interest per year, in percent?
  31. 31.₹500 earns ₹125 simple interest in 5 years. What is the rate of interest per year, in percent?
  32. 32.Isha keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Isha get in 1 year?
  33. 33.₹3000 earns ₹480 simple interest at 4% a year. For how many years was it kept?
  34. 34.₹2500 earns ₹1200 simple interest at 12% a year. For how many years was it kept?
  35. 35.₹1000 earns ₹160 simple interest at 4% a year. For how many years was it kept?
  36. 36.Isha keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  37. 37.Arjun keeps ₹4000 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  38. 38.₹2500 earns ₹75 simple interest at 3% a year. For how many years was it kept?
  39. 39.₹1000 earns ₹70 simple interest in 1 year. What is the rate of interest per year, in percent?
  40. 40.₹1500 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?

Answer key

  1. 1
  2. 2
  3. 2
  4. 120
  5. 250
  6. 4
  7. 5
  8. 625
  9. 8
  10. 7
  11. 2650
  12. 3180
  13. 1635
  14. 5120
  15. 3810
  16. 320
  17. 600
  18. 500
  19. 120
  20. 80
  21. 3810
  22. 3100
  23. 180
  24. 625
  25. 300
  26. 10
  27. 80
  28. 2
  29. 1
  30. 5
  31. 5
  32. 150
  33. 4
  34. 4
  35. 4
  36. 1060
  37. 5320
  38. 1
  39. 7
  40. 4

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