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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 739 · 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.Rohan keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  2. 2.Ishaan keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  3. 3.Isha keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Isha get in 4 years?
  4. 4.Arjun keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  5. 5.Isha keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 5 years?
  6. 6.₹1000 earns ₹20 simple interest at 2% a year. For how many years was it kept?
  7. 7.₹1500 earns ₹300 simple interest at 10% a year. For how many years was it kept?
  8. 8.₹2500 earns ₹225 simple interest at 3% a year. For how many years was it kept?
  9. 9.₹2500 earns ₹200 simple interest in 4 years. What is the rate of interest per year, in percent?
  10. 10.₹1500 earns ₹120 simple interest at 8% a year. For how many years was it kept?
  11. 11.Kabir keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  12. 12.₹3000 earns ₹360 simple interest at 12% a year. For how many years was it kept?
  13. 13.Riya keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  14. 14.₹3000 earns ₹660 simple interest in 2 years. What is the rate of interest per year, in percent?
  15. 15.Rohan keeps ₹2000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  16. 16.Kabir keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  17. 17.₹4000 earns ₹360 simple interest at 3% a year. For how many years was it kept?
  18. 18.₹500 earns ₹70 simple interest in 2 years. What is the rate of interest per year, in percent?
  19. 19.Diya keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Diya get in 1 year?
  20. 20.Diya keeps ₹2500 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  21. 21.Arjun keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  22. 22.Arjun keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  23. 23.Diya keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  24. 24.Arjun keeps ₹2000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  25. 25.Rohan keeps ₹5000 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  26. 26.₹4000 earns ₹2200 simple interest at 11% a year. For how many years was it kept?
  27. 27.₹3000 earns ₹240 simple interest at 4% a year. For how many years was it kept?
  28. 28.₹1000 earns ₹330 simple interest at 11% a year. For how many years was it kept?
  29. 29.₹3000 earns ₹180 simple interest at 6% a year. For how many years was it kept?
  30. 30.Aarav keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  31. 31.₹2000 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  32. 32.₹2000 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  33. 33.₹500 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  34. 34.Riya keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 1 year?
  35. 35.Rohan keeps ₹2500 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  36. 36.₹5000 earns ₹800 simple interest in 2 years. What is the rate of interest per year, in percent?
  37. 37.Arjun keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  38. 38.Kabir keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  39. 39.Riya keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 3 years?
  40. 40.Isha keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Isha get in 5 years?

Answer key

  1. 1725
  2. 240
  3. 1100
  4. 300
  5. 500
  6. 1
  7. 2
  8. 3
  9. 2
  10. 1
  11. 100
  12. 1
  13. 1070
  14. 11
  15. 2180
  16. 150
  17. 3
  18. 7
  19. 100
  20. 3025
  21. 100
  22. 4650
  23. 1140
  24. 2060
  25. 6500
  26. 5
  27. 2
  28. 3
  29. 1
  30. 2480
  31. 2
  32. 1
  33. 8
  34. 75
  35. 2750
  36. 8
  37. 280
  38. 360
  39. 45
  40. 1600

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