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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 754 · 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.₹1000 earns ₹80 simple interest in 4 years. What is the rate of interest per year, in percent?
  2. 2.₹500 earns ₹275 simple interest at 11% a year. For how many years was it kept?
  3. 3.Rohan keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  4. 4.Anaya keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  5. 5.Ishaan keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  6. 6.₹3000 earns ₹840 simple interest in 4 years. What is the rate of interest per year, in percent?
  7. 7.₹4000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  8. 8.Sara keeps ₹2500 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  9. 9.₹500 earns ₹50 simple interest in 2 years. What is the rate of interest per year, in percent?
  10. 10.Arjun keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  11. 11.₹3000 earns ₹1200 simple interest at 10% a year. For how many years was it kept?
  12. 12.Sara keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  13. 13.Meera keeps ₹4000 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  14. 14.₹2000 earns ₹640 simple interest in 4 years. What is the rate of interest per year, in percent?
  15. 15.₹500 earns ₹40 simple interest at 4% a year. For how many years was it kept?
  16. 16.Anaya keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  17. 17.Sara keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  18. 18.Ishaan keeps ₹2000 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  19. 19.₹2500 earns ₹1375 simple interest in 5 years. What is the rate of interest per year, in percent?
  20. 20.₹1500 earns ₹750 simple interest in 5 years. What is the rate of interest per year, in percent?
  21. 21.₹500 earns ₹110 simple interest at 11% a year. For how many years was it kept?
  22. 22.₹2000 earns ₹700 simple interest at 7% a year. For how many years was it kept?
  23. 23.₹1000 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  24. 24.₹4000 earns ₹240 simple interest at 3% a year. For how many years was it kept?
  25. 25.₹2500 earns ₹275 simple interest at 11% a year. For how many years was it kept?
  26. 26.Arjun keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  27. 27.₹1500 earns ₹135 simple interest at 9% a year. For how many years was it kept?
  28. 28.₹2500 earns ₹750 simple interest at 6% a year. For how many years was it kept?
  29. 29.₹500 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  30. 30.₹3000 earns ₹630 simple interest in 3 years. What is the rate of interest per year, in percent?
  31. 31.₹4000 earns ₹800 simple interest in 4 years. What is the rate of interest per year, in percent?
  32. 32.Aarav keeps ₹2500 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  33. 33.Aarav keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  34. 34.₹1500 earns ₹270 simple interest in 2 years. What is the rate of interest per year, in percent?
  35. 35.Meera keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  36. 36.₹500 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  37. 37.₹2000 earns ₹880 simple interest at 11% a year. For how many years was it kept?
  38. 38.Sara keeps ₹5000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  39. 39.₹2500 earns ₹500 simple interest in 4 years. What is the rate of interest per year, in percent?
  40. 40.Sara keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 3 years?

Answer key

  1. 2
  2. 5
  3. 120
  4. 1080
  5. 3540
  6. 7
  7. 1
  8. 3400
  9. 5
  10. 55
  11. 4
  12. 5700
  13. 4800
  14. 8
  15. 2
  16. 60
  17. 4000
  18. 540
  19. 11
  20. 10
  21. 2
  22. 5
  23. 6
  24. 2
  25. 1
  26. 40
  27. 1
  28. 5
  29. 4
  30. 7
  31. 5
  32. 3025
  33. 2800
  34. 9
  35. 2040
  36. 12
  37. 4
  38. 5450
  39. 5
  40. 360

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