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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 734 · 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 ₹15 simple interest in 1 year. What is the rate of interest per year, in percent?
  2. 2.Anaya keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  3. 3.Rohan keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  4. 4.₹2500 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  5. 5.Dev keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Dev get in 1 year?
  6. 6.₹3000 earns ₹1200 simple interest at 10% a year. For how many years was it kept?
  7. 7.₹500 earns ₹140 simple interest at 7% a year. For how many years was it kept?
  8. 8.₹3000 earns ₹420 simple interest at 7% a year. For how many years was it kept?
  9. 9.Riya keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Riya get in 4 years?
  10. 10.₹1500 earns ₹375 simple interest in 5 years. What is the rate of interest per year, in percent?
  11. 11.Arjun keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  12. 12.Arjun keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  13. 13.₹1500 earns ₹330 simple interest in 2 years. What is the rate of interest per year, in percent?
  14. 14.Arjun keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  15. 15.Arjun keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  16. 16.₹1500 earns ₹150 simple interest at 10% a year. For how many years was it kept?
  17. 17.₹1500 earns ₹210 simple interest in 2 years. What is the rate of interest per year, in percent?
  18. 18.₹5000 earns ₹2000 simple interest at 8% a year. For how many years was it kept?
  19. 19.₹5000 earns ₹2500 simple interest in 5 years. What is the rate of interest per year, in percent?
  20. 20.Kabir keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  21. 21.₹1000 earns ₹200 simple interest at 5% a year. For how many years was it kept?
  22. 22.Kabir keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  23. 23.₹5000 earns ₹350 simple interest at 7% a year. For how many years was it kept?
  24. 24.Sara keeps ₹1500 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  25. 25.₹1500 earns ₹525 simple interest in 5 years. What is the rate of interest per year, in percent?
  26. 26.Anaya keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  27. 27.₹5000 earns ₹1600 simple interest in 4 years. What is the rate of interest per year, in percent?
  28. 28.₹2500 earns ₹150 simple interest at 6% a year. For how many years was it kept?
  29. 29.Meera keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 5 years?
  30. 30.Isha keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Isha get in 4 years?
  31. 31.Isha keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Isha get in 3 years?
  32. 32.Kabir keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  33. 33.Kabir keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  34. 34.Arjun keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  35. 35.₹3000 earns ₹360 simple interest in 4 years. What is the rate of interest per year, in percent?
  36. 36.₹3000 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  37. 37.₹500 earns ₹100 simple interest in 4 years. What is the rate of interest per year, in percent?
  38. 38.Kabir keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  39. 39.₹1000 earns ₹600 simple interest at 12% a year. For how many years was it kept?
  40. 40.Anaya keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?

Answer key

  1. 3
  2. 600
  3. 200
  4. 4
  5. 225
  6. 4
  7. 4
  8. 2
  9. 800
  10. 5
  11. 70
  12. 40
  13. 11
  14. 80
  15. 2550
  16. 1
  17. 7
  18. 5
  19. 10
  20. 4160
  21. 4
  22. 150
  23. 1
  24. 1860
  25. 7
  26. 320
  27. 8
  28. 1
  29. 600
  30. 240
  31. 90
  32. 300
  33. 3720
  34. 1080
  35. 3
  36. 2
  37. 5
  38. 875
  39. 5
  40. 3240

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