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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 750 · 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 ₹4000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  2. 2.Aarav keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  3. 3.Isha keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Isha get in 3 years?
  4. 4.₹500 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  5. 5.₹3000 earns ₹1050 simple interest at 7% a year. For how many years was it kept?
  6. 6.₹500 earns ₹10 simple interest at 2% a year. For how many years was it kept?
  7. 7.₹2500 earns ₹250 simple interest at 2% a year. For how many years was it kept?
  8. 8.₹2000 earns ₹800 simple interest in 4 years. What is the rate of interest per year, in percent?
  9. 9.₹4000 earns ₹1280 simple interest at 8% a year. For how many years was it kept?
  10. 10.₹5000 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  11. 11.Rohan keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  12. 12.Kabir keeps ₹2000 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  13. 13.Kabir keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  14. 14.₹500 earns ₹105 simple interest at 7% a year. For how many years was it kept?
  15. 15.₹1000 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  16. 16.₹3000 earns ₹900 simple interest at 6% a year. For how many years was it kept?
  17. 17.Riya keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 5 years?
  18. 18.Arjun keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  19. 19.₹500 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  20. 20.Kabir keeps ₹2500 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  21. 21.Kabir keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  22. 22.₹2000 earns ₹120 simple interest at 6% a year. For how many years was it kept?
  23. 23.Isha keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  24. 24.₹500 earns ₹30 simple interest in 3 years. What is the rate of interest per year, in percent?
  25. 25.₹5000 earns ₹400 simple interest at 2% a year. For how many years was it kept?
  26. 26.Dev keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 2 years?
  27. 27.Kabir keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  28. 28.₹4000 earns ₹960 simple interest in 3 years. What is the rate of interest per year, in percent?
  29. 29.Kabir keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  30. 30.₹3000 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  31. 31.₹5000 earns ₹800 simple interest in 2 years. What is the rate of interest per year, in percent?
  32. 32.Sara keeps ₹2500 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  33. 33.Isha keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  34. 34.₹5000 earns ₹1600 simple interest at 8% a year. For how many years was it kept?
  35. 35.₹2500 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  36. 36.₹1500 earns ₹495 simple interest in 3 years. What is the rate of interest per year, in percent?
  37. 37.Isha keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Isha get in 4 years?
  38. 38.Ishaan keeps ₹2500 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  39. 39.₹1500 earns ₹825 simple interest in 5 years. What is the rate of interest per year, in percent?
  40. 40.₹1000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?

Answer key

  1. 4480
  2. 1680
  3. 90
  4. 4
  5. 5
  6. 1
  7. 5
  8. 10
  9. 4
  10. 1
  11. 360
  12. 2200
  13. 60
  14. 3
  15. 10
  16. 5
  17. 600
  18. 140
  19. 4
  20. 2750
  21. 480
  22. 1
  23. 1620
  24. 2
  25. 4
  26. 70
  27. 4800
  28. 8
  29. 1635
  30. 2
  31. 8
  32. 2750
  33. 4500
  34. 4
  35. 4
  36. 11
  37. 480
  38. 2675
  39. 11
  40. 12

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