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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 761 · 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.₹4000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  2. 2.Kabir keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  3. 3.₹1500 earns ₹540 simple interest in 3 years. What is the rate of interest per year, in percent?
  4. 4.Kabir keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  5. 5.₹2500 earns ₹875 simple interest at 7% a year. For how many years was it kept?
  6. 6.₹3000 earns ₹240 simple interest at 8% a year. For how many years was it kept?
  7. 7.Kabir keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  8. 8.Meera keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  9. 9.₹5000 earns ₹600 simple interest at 4% a year. For how many years was it kept?
  10. 10.Riya keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  11. 11.Isha keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  12. 12.₹3000 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  13. 13.Kabir keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  14. 14.Isha keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  15. 15.₹4000 earns ₹320 simple interest at 2% a year. For how many years was it kept?
  16. 16.Arjun keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  17. 17.Kabir keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  18. 18.Kabir keeps ₹2500 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  19. 19.Kabir keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  20. 20.₹1000 earns ₹60 simple interest at 2% a year. For how many years was it kept?
  21. 21.Rohan keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  22. 22.Arjun keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  23. 23.₹5000 earns ₹900 simple interest in 2 years. What is the rate of interest per year, in percent?
  24. 24.Isha keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Isha get in 1 year?
  25. 25.Aarav keeps ₹1000 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  26. 26.Diya keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  27. 27.₹1000 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  28. 28.Riya keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Riya get in 2 years?
  29. 29.Dev keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  30. 30.₹1000 earns ₹360 simple interest at 9% a year. For how many years was it kept?
  31. 31.Meera keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 1 year?
  32. 32.Sara keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  33. 33.₹3000 earns ₹360 simple interest at 4% a year. For how many years was it kept?
  34. 34.₹2000 earns ₹480 simple interest in 4 years. What is the rate of interest per year, in percent?
  35. 35.₹1000 earns ₹600 simple interest at 12% a year. For how many years was it kept?
  36. 36.₹1500 earns ₹270 simple interest in 3 years. What is the rate of interest per year, in percent?
  37. 37.₹4000 earns ₹600 simple interest at 3% a year. For how many years was it kept?
  38. 38.Kabir keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  39. 39.₹5000 earns ₹1800 simple interest at 9% a year. For how many years was it kept?
  40. 40.Sara keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Sara get in 5 years?

Answer key

  1. 2
  2. 80
  3. 12
  4. 330
  5. 5
  6. 1
  7. 1000
  8. 1120
  9. 3
  10. 1090
  11. 3480
  12. 2
  13. 1680
  14. 3100
  15. 4
  16. 560
  17. 200
  18. 2875
  19. 1050
  20. 3
  21. 5200
  22. 120
  23. 9
  24. 60
  25. 1110
  26. 4480
  27. 10
  28. 700
  29. 2900
  30. 4
  31. 125
  32. 4200
  33. 3
  34. 6
  35. 5
  36. 6
  37. 5
  38. 1800
  39. 4
  40. 225

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