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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 758 · 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.Sara keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  2. 2.₹3000 earns ₹960 simple interest at 8% a year. For how many years was it kept?
  3. 3.Meera keeps ₹4000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  4. 4.₹3000 earns ₹270 simple interest at 3% a year. For how many years was it kept?
  5. 5.₹2500 earns ₹200 simple interest in 4 years. What is the rate of interest per year, in percent?
  6. 6.Diya keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Diya get in 3 years?
  7. 7.₹3000 earns ₹720 simple interest at 12% a year. For how many years was it kept?
  8. 8.Isha keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 3 years?
  9. 9.₹3000 earns ₹720 simple interest in 4 years. What is the rate of interest per year, in percent?
  10. 10.Riya keeps ₹4000 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  11. 11.Anaya keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  12. 12.Arjun keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  13. 13.Sara keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  14. 14.₹4000 earns ₹440 simple interest in 1 year. What is the rate of interest per year, in percent?
  15. 15.₹3000 earns ₹150 simple interest at 5% a year. For how many years was it kept?
  16. 16.₹2000 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  17. 17.₹1500 earns ₹60 simple interest at 2% a year. For how many years was it kept?
  18. 18.₹2000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  19. 19.Kabir keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  20. 20.Rohan keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  21. 21.₹5000 earns ₹600 simple interest at 12% a year. For how many years was it kept?
  22. 22.₹2500 earns ₹600 simple interest at 8% a year. For how many years was it kept?
  23. 23.₹5000 earns ₹2750 simple interest at 11% a year. For how many years was it kept?
  24. 24.₹2000 earns ₹600 simple interest at 10% a year. For how many years was it kept?
  25. 25.₹2000 earns ₹880 simple interest at 11% a year. For how many years was it kept?
  26. 26.₹2500 earns ₹375 simple interest at 5% a year. For how many years was it kept?
  27. 27.Sara keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  28. 28.₹4000 earns ₹440 simple interest at 11% a year. For how many years was it kept?
  29. 29.₹1500 earns ₹135 simple interest at 3% a year. For how many years was it kept?
  30. 30.₹1000 earns ₹180 simple interest in 2 years. What is the rate of interest per year, in percent?
  31. 31.Anaya keeps ₹5000 in a bank at 8% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  32. 32.Rohan keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  33. 33.Isha keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  34. 34.₹2500 earns ₹1000 simple interest in 4 years. What is the rate of interest per year, in percent?
  35. 35.₹500 earns ₹275 simple interest in 5 years. What is the rate of interest per year, in percent?
  36. 36.₹1500 earns ₹225 simple interest in 3 years. What is the rate of interest per year, in percent?
  37. 37.Riya keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  38. 38.Meera keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  39. 39.Anaya keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  40. 40.Diya keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 3 years?

Answer key

  1. 4320
  2. 4
  3. 5920
  4. 3
  5. 2
  6. 960
  7. 2
  8. 600
  9. 6
  10. 5320
  11. 240
  12. 800
  13. 6050
  14. 11
  15. 1
  16. 10
  17. 2
  18. 6
  19. 30
  20. 40
  21. 1
  22. 3
  23. 5
  24. 3
  25. 4
  26. 3
  27. 4320
  28. 1
  29. 3
  30. 9
  31. 1600
  32. 1200
  33. 4200
  34. 10
  35. 11
  36. 5
  37. 4800
  38. 1300
  39. 635
  40. 990

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