← Simple interest and the rate lesson New set →

Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 760 · 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.₹500 earns ₹180 simple interest at 12% a year. For how many years was it kept?
  2. 2.₹500 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  3. 3.₹4000 earns ₹200 simple interest at 5% a year. For how many years was it kept?
  4. 4.Anaya keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  5. 5.₹4000 earns ₹640 simple interest at 4% a year. For how many years was it kept?
  6. 6.Rohan keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  7. 7.₹500 earns ₹75 simple interest at 5% a year. For how many years was it kept?
  8. 8.Meera keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 1 year?
  9. 9.Rohan keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  10. 10.Kabir keeps ₹5000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  11. 11.₹4000 earns ₹1600 simple interest in 5 years. What is the rate of interest per year, in percent?
  12. 12.Aarav keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  13. 13.₹5000 earns ₹1200 simple interest at 12% a year. For how many years was it kept?
  14. 14.Diya keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 4 years?
  15. 15.Aarav keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  16. 16.Diya keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  17. 17.Kabir keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  18. 18.Anaya keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  19. 19.₹2000 earns ₹880 simple interest in 4 years. What is the rate of interest per year, in percent?
  20. 20.Dev keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  21. 21.₹5000 earns ₹1750 simple interest at 7% a year. For how many years was it kept?
  22. 22.₹4000 earns ₹1760 simple interest at 11% a year. For how many years was it kept?
  23. 23.Diya keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 1 year?
  24. 24.₹500 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  25. 25.Sara keeps ₹2000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  26. 26.₹2000 earns ₹600 simple interest at 6% a year. For how many years was it kept?
  27. 27.Ishaan keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  28. 28.Anaya keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  29. 29.Anaya keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  30. 30.Arjun keeps ₹500 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  31. 31.₹4000 earns ₹800 simple interest at 10% a year. For how many years was it kept?
  32. 32.₹4000 earns ₹320 simple interest in 2 years. What is the rate of interest per year, in percent?
  33. 33.₹5000 earns ₹200 simple interest at 2% a year. For how many years was it kept?
  34. 34.₹5000 earns ₹3000 simple interest at 12% a year. For how many years was it kept?
  35. 35.Sara keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 2 years?
  36. 36.Aarav keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  37. 37.₹500 earns ₹135 simple interest in 3 years. What is the rate of interest per year, in percent?
  38. 38.₹2500 earns ₹675 simple interest at 9% a year. For how many years was it kept?
  39. 39.₹3000 earns ₹240 simple interest at 8% a year. For how many years was it kept?
  40. 40.₹2500 earns ₹300 simple interest at 3% a year. For how many years was it kept?

Answer key

  1. 3
  2. 10
  3. 1
  4. 1100
  5. 4
  6. 1100
  7. 3
  8. 270
  9. 1050
  10. 6000
  11. 8
  12. 1000
  13. 2
  14. 400
  15. 500
  16. 4240
  17. 3180
  18. 3840
  19. 11
  20. 1090
  21. 5
  22. 4
  23. 60
  24. 8
  25. 2140
  26. 5
  27. 1500
  28. 2550
  29. 600
  30. 600
  31. 2
  32. 4
  33. 2
  34. 5
  35. 180
  36. 20
  37. 9
  38. 3
  39. 1
  40. 4

Free percentage lessons, practice and worksheets at talentjr.in/how-to-calculate-percentage