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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 748 · 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.Arjun keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  2. 2.₹3000 earns ₹480 simple interest in 2 years. What is the rate of interest per year, in percent?
  3. 3.Diya keeps ₹2000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  4. 4.₹5000 earns ₹1200 simple interest at 8% a year. For how many years was it kept?
  5. 5.₹500 earns ₹90 simple interest in 3 years. What is the rate of interest per year, in percent?
  6. 6.₹4000 earns ₹720 simple interest at 6% a year. For how many years was it kept?
  7. 7.Riya keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 1 year?
  8. 8.₹1000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  9. 9.₹1000 earns ₹250 simple interest in 5 years. What is the rate of interest per year, in percent?
  10. 10.Rohan keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  11. 11.Aarav keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  12. 12.Kabir keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  13. 13.₹2000 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  14. 14.₹5000 earns ₹900 simple interest in 3 years. What is the rate of interest per year, in percent?
  15. 15.Kabir keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  16. 16.Dev keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Dev get in 3 years?
  17. 17.₹2500 earns ₹300 simple interest at 6% a year. For how many years was it kept?
  18. 18.₹5000 earns ₹1750 simple interest at 7% a year. For how many years was it kept?
  19. 19.₹500 earns ₹30 simple interest at 6% a year. For how many years was it kept?
  20. 20.₹5000 earns ₹1000 simple interest at 10% a year. For how many years was it kept?
  21. 21.₹5000 earns ₹1200 simple interest at 6% a year. For how many years was it kept?
  22. 22.₹4000 earns ₹1800 simple interest in 5 years. What is the rate of interest per year, in percent?
  23. 23.₹3000 earns ₹360 simple interest at 6% a year. For how many years was it kept?
  24. 24.Anaya keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  25. 25.₹1000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  26. 26.₹500 earns ₹30 simple interest at 2% a year. For how many years was it kept?
  27. 27.Ishaan keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  28. 28.₹2500 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  29. 29.Aarav keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  30. 30.₹2000 earns ₹960 simple interest in 4 years. What is the rate of interest per year, in percent?
  31. 31.Rohan keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  32. 32.₹2500 earns ₹800 simple interest at 8% a year. For how many years was it kept?
  33. 33.Isha keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 4 years?
  34. 34.₹500 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  35. 35.₹2000 earns ₹80 simple interest in 1 year. What is the rate of interest per year, in percent?
  36. 36.Meera keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Meera get in 5 years?
  37. 37.₹500 earns ₹50 simple interest in 2 years. What is the rate of interest per year, in percent?
  38. 38.Rohan keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  39. 39.Anaya keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  40. 40.Riya keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?

Answer key

  1. 1200
  2. 8
  3. 2300
  4. 3
  5. 6
  6. 3
  7. 60
  8. 12
  9. 5
  10. 75
  11. 80
  12. 600
  13. 1
  14. 6
  15. 600
  16. 1650
  17. 2
  18. 5
  19. 1
  20. 2
  21. 4
  22. 9
  23. 2
  24. 400
  25. 12
  26. 3
  27. 560
  28. 4
  29. 2960
  30. 12
  31. 120
  32. 4
  33. 300
  34. 4
  35. 4
  36. 900
  37. 5
  38. 1500
  39. 150
  40. 3060

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