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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 731 · 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 ₹30 simple interest in 2 years. What is the rate of interest per year, in percent?
  2. 2.Dev keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 2 years?
  3. 3.₹1000 earns ₹30 simple interest at 3% a year. For how many years was it kept?
  4. 4.Aarav keeps ₹5000 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  5. 5.Anaya keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  6. 6.₹3000 earns ₹300 simple interest at 2% a year. For how many years was it kept?
  7. 7.₹5000 earns ₹1350 simple interest at 9% a year. For how many years was it kept?
  8. 8.Aarav keeps ₹500 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  9. 9.Aarav keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  10. 10.₹5000 earns ₹500 simple interest at 10% a year. For how many years was it kept?
  11. 11.₹2500 earns ₹1000 simple interest in 5 years. What is the rate of interest per year, in percent?
  12. 12.₹4000 earns ₹1200 simple interest at 6% a year. For how many years was it kept?
  13. 13.₹1500 earns ₹90 simple interest at 3% a year. For how many years was it kept?
  14. 14.₹1000 earns ₹120 simple interest at 4% a year. For how many years was it kept?
  15. 15.₹500 earns ₹10 simple interest in 1 year. What is the rate of interest per year, in percent?
  16. 16.₹4000 earns ₹600 simple interest at 5% a year. For how many years was it kept?
  17. 17.Dev keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  18. 18.Riya keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  19. 19.Aarav keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  20. 20.₹2000 earns ₹1000 simple interest at 10% a year. For how many years was it kept?
  21. 21.₹500 earns ₹50 simple interest in 2 years. What is the rate of interest per year, in percent?
  22. 22.Ishaan keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  23. 23.₹1500 earns ₹150 simple interest in 2 years. What is the rate of interest per year, in percent?
  24. 24.₹5000 earns ₹550 simple interest at 11% a year. For how many years was it kept?
  25. 25.₹1500 earns ₹135 simple interest in 1 year. What is the rate of interest per year, in percent?
  26. 26.₹1000 earns ₹480 simple interest at 12% a year. For how many years was it kept?
  27. 27.₹500 earns ₹100 simple interest at 5% a year. For how many years was it kept?
  28. 28.Rohan keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  29. 29.Riya keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 1 year?
  30. 30.Aarav keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  31. 31.Meera keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 5 years?
  32. 32.Ishaan keeps ₹2000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  33. 33.Meera keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 5 years?
  34. 34.Isha keeps ₹2500 in a bank at 6% simple interest a year. How many rupees of interest does Isha get in 5 years?
  35. 35.₹2000 earns ₹280 simple interest at 7% a year. For how many years was it kept?
  36. 36.Ishaan keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  37. 37.Dev keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 1 year?
  38. 38.₹2500 earns ₹350 simple interest in 2 years. What is the rate of interest per year, in percent?
  39. 39.Riya keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 3 years?
  40. 40.Meera keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?

Answer key

  1. 3
  2. 700
  3. 1
  4. 6250
  5. 540
  6. 5
  7. 3
  8. 650
  9. 45
  10. 1
  11. 8
  12. 5
  13. 2
  14. 3
  15. 2
  16. 3
  17. 1270
  18. 3090
  19. 200
  20. 5
  21. 5
  22. 2100
  23. 5
  24. 1
  25. 9
  26. 4
  27. 4
  28. 150
  29. 100
  30. 2160
  31. 1400
  32. 2180
  33. 250
  34. 750
  35. 2
  36. 1980
  37. 60
  38. 7
  39. 360
  40. 4200

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