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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 744 · 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.Kabir keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  2. 2.₹4000 earns ₹1280 simple interest in 4 years. What is the rate of interest per year, in percent?
  3. 3.Anaya keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  4. 4.Sara keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  5. 5.Ishaan keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  6. 6.₹500 earns ₹120 simple interest at 8% a year. For how many years was it kept?
  7. 7.₹2500 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  8. 8.₹2000 earns ₹660 simple interest at 11% a year. For how many years was it kept?
  9. 9.Riya keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 4 years?
  10. 10.₹500 earns ₹40 simple interest at 4% a year. For how many years was it kept?
  11. 11.Anaya keeps ₹5000 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  12. 12.Isha keeps ₹1500 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  13. 13.₹3000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  14. 14.Sara keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Sara get in 1 year?
  15. 15.₹1500 earns ₹375 simple interest at 5% a year. For how many years was it kept?
  16. 16.Arjun keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  17. 17.₹5000 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  18. 18.₹3000 earns ₹960 simple interest in 4 years. What is the rate of interest per year, in percent?
  19. 19.Isha keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Isha get in 3 years?
  20. 20.Kabir keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  21. 21.₹3000 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  22. 22.₹2000 earns ₹80 simple interest in 1 year. What is the rate of interest per year, in percent?
  23. 23.Riya keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 3 years?
  24. 24.₹500 earns ₹45 simple interest at 9% a year. For how many years was it kept?
  25. 25.₹1500 earns ₹300 simple interest in 4 years. What is the rate of interest per year, in percent?
  26. 26.₹4000 earns ₹80 simple interest in 1 year. What is the rate of interest per year, in percent?
  27. 27.Kabir keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  28. 28.₹5000 earns ₹2400 simple interest at 12% a year. For how many years was it kept?
  29. 29.₹1500 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
  30. 30.Rohan keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  31. 31.Aarav keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  32. 32.₹5000 earns ₹1800 simple interest at 12% a year. For how many years was it kept?
  33. 33.₹2500 earns ₹300 simple interest at 6% a year. For how many years was it kept?
  34. 34.₹500 earns ₹80 simple interest in 2 years. What is the rate of interest per year, in percent?
  35. 35.Kabir keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  36. 36.Diya keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Diya get in 2 years?
  37. 37.₹1000 earns ₹70 simple interest at 7% a year. For how many years was it kept?
  38. 38.Isha keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  39. 39.₹500 earns ₹120 simple interest at 6% a year. For how many years was it kept?
  40. 40.Anaya keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Anaya get in 5 years?

Answer key

  1. 5200
  2. 8
  3. 740
  4. 6200
  5. 7400
  6. 3
  7. 2
  8. 3
  9. 120
  10. 2
  11. 5750
  12. 1725
  13. 2
  14. 30
  15. 5
  16. 1060
  17. 3
  18. 8
  19. 105
  20. 150
  21. 5
  22. 4
  23. 375
  24. 1
  25. 5
  26. 2
  27. 40
  28. 4
  29. 2
  30. 2650
  31. 480
  32. 3
  33. 2
  34. 8
  35. 160
  36. 300
  37. 1
  38. 5400
  39. 4
  40. 75

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