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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 767 · 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 ₹30 simple interest at 3% a year. For how many years was it kept?
  2. 2.Aarav keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  3. 3.₹500 earns ₹100 simple interest in 5 years. What is the rate of interest per year, in percent?
  4. 4.₹1000 earns ₹120 simple interest at 4% a year. For how many years was it kept?
  5. 5.Rohan keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  6. 6.Aarav keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  7. 7.Diya keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Diya get in 5 years?
  8. 8.₹2500 earns ₹375 simple interest at 3% a year. For how many years was it kept?
  9. 9.Aarav keeps ₹2000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  10. 10.₹2500 earns ₹1000 simple interest in 4 years. What is the rate of interest per year, in percent?
  11. 11.₹4000 earns ₹400 simple interest at 5% a year. For how many years was it kept?
  12. 12.₹500 earns ₹40 simple interest in 2 years. What is the rate of interest per year, in percent?
  13. 13.Diya keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Diya get in 2 years?
  14. 14.₹1500 earns ₹240 simple interest at 4% a year. For how many years was it kept?
  15. 15.Isha keeps ₹2000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  16. 16.₹4000 earns ₹480 simple interest in 1 year. What is the rate of interest per year, in percent?
  17. 17.₹4000 earns ₹840 simple interest in 3 years. What is the rate of interest per year, in percent?
  18. 18.₹4000 earns ₹640 simple interest in 2 years. What is the rate of interest per year, in percent?
  19. 19.Aarav keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  20. 20.Rohan keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  21. 21.₹1000 earns ₹300 simple interest at 10% a year. For how many years was it kept?
  22. 22.₹5000 earns ₹300 simple interest at 2% a year. For how many years was it kept?
  23. 23.Rohan keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  24. 24.Kabir keeps ₹1500 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  25. 25.₹1500 earns ₹450 simple interest at 10% a year. For how many years was it kept?
  26. 26.Dev keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Dev get in 1 year?
  27. 27.Kabir keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  28. 28.₹500 earns ₹160 simple interest in 4 years. What is the rate of interest per year, in percent?
  29. 29.₹1500 earns ₹270 simple interest in 3 years. What is the rate of interest per year, in percent?
  30. 30.₹4000 earns ₹480 simple interest at 12% a year. For how many years was it kept?
  31. 31.Kabir keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  32. 32.Sara keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 5 years?
  33. 33.₹5000 earns ₹2000 simple interest in 4 years. What is the rate of interest per year, in percent?
  34. 34.₹2000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  35. 35.Anaya keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  36. 36.₹1000 earns ₹210 simple interest at 7% a year. For how many years was it kept?
  37. 37.Ishaan keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  38. 38.Dev keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 1 year?
  39. 39.Meera keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  40. 40.Meera keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 2 years?

Answer key

  1. 1
  2. 60
  3. 4
  4. 3
  5. 1590
  6. 1500
  7. 125
  8. 5
  9. 2420
  10. 10
  11. 2
  12. 4
  13. 900
  14. 4
  15. 2320
  16. 12
  17. 7
  18. 8
  19. 1650
  20. 225
  21. 3
  22. 3
  23. 600
  24. 2160
  25. 3
  26. 270
  27. 2100
  28. 8
  29. 6
  30. 1
  31. 480
  32. 400
  33. 10
  34. 6
  35. 150
  36. 3
  37. 4400
  38. 240
  39. 635
  40. 20

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