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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 743 · 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.₹1500 earns ₹60 simple interest in 2 years. What is the rate of interest per year, in percent?
  2. 2.₹4000 earns ₹1200 simple interest at 6% a year. For how many years was it kept?
  3. 3.₹2500 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  4. 4.₹1000 earns ₹180 simple interest in 2 years. What is the rate of interest per year, in percent?
  5. 5.₹1500 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  6. 6.Kabir keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  7. 7.Dev keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 1 year?
  8. 8.₹3000 earns ₹1650 simple interest at 11% a year. For how many years was it kept?
  9. 9.₹1000 earns ₹120 simple interest at 12% a year. For how many years was it kept?
  10. 10.₹3000 earns ₹900 simple interest in 5 years. What is the rate of interest per year, in percent?
  11. 11.₹2000 earns ₹360 simple interest in 2 years. What is the rate of interest per year, in percent?
  12. 12.Riya keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 5 years?
  13. 13.Rohan keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  14. 14.₹3000 earns ₹300 simple interest at 2% a year. For how many years was it kept?
  15. 15.₹2000 earns ₹800 simple interest in 5 years. What is the rate of interest per year, in percent?
  16. 16.₹1500 earns ₹540 simple interest in 4 years. What is the rate of interest per year, in percent?
  17. 17.₹1000 earns ₹360 simple interest in 4 years. What is the rate of interest per year, in percent?
  18. 18.Arjun keeps ₹2000 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  19. 19.₹500 earns ₹40 simple interest at 4% a year. For how many years was it kept?
  20. 20.₹2000 earns ₹160 simple interest at 4% a year. For how many years was it kept?
  21. 21.Kabir keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  22. 22.₹3000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  23. 23.Rohan keeps ₹1500 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  24. 24.Sara keeps ₹4000 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  25. 25.₹5000 earns ₹1350 simple interest in 3 years. What is the rate of interest per year, in percent?
  26. 26.Arjun keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  27. 27.Anaya keeps ₹1500 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  28. 28.₹500 earns ₹140 simple interest at 7% a year. For how many years was it kept?
  29. 29.Isha keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  30. 30.₹500 earns ₹100 simple interest at 5% a year. For how many years was it kept?
  31. 31.₹3000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  32. 32.₹2000 earns ₹500 simple interest in 5 years. What is the rate of interest per year, in percent?
  33. 33.Aarav keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  34. 34.₹1000 earns ₹500 simple interest in 5 years. What is the rate of interest per year, in percent?
  35. 35.₹1500 earns ₹675 simple interest at 9% a year. For how many years was it kept?
  36. 36.Anaya keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  37. 37.Arjun keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  38. 38.Meera keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 1 year?
  39. 39.Isha keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Isha get in 4 years?
  40. 40.Aarav keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?

Answer key

  1. 2
  2. 5
  3. 8
  4. 9
  5. 8
  6. 120
  7. 40
  8. 5
  9. 1
  10. 6
  11. 9
  12. 1200
  13. 2750
  14. 5
  15. 8
  16. 9
  17. 9
  18. 2660
  19. 2
  20. 2
  21. 5120
  22. 4
  23. 1920
  24. 5600
  25. 9
  26. 220
  27. 1605
  28. 4
  29. 5400
  30. 4
  31. 4
  32. 5
  33. 300
  34. 10
  35. 5
  36. 1200
  37. 2120
  38. 200
  39. 600
  40. 520

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