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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 768 · 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.₹2500 earns ₹250 simple interest at 2% a year. For how many years was it kept?
  2. 2.₹3000 earns ₹450 simple interest at 5% a year. For how many years was it kept?
  3. 3.₹2500 earns ₹600 simple interest in 4 years. What is the rate of interest per year, in percent?
  4. 4.₹500 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  5. 5.₹500 earns ₹200 simple interest in 4 years. What is the rate of interest per year, in percent?
  6. 6.Diya keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 1 year?
  7. 7.₹2500 earns ₹1500 simple interest in 5 years. What is the rate of interest per year, in percent?
  8. 8.Riya keeps ₹2000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  9. 9.₹3000 earns ₹600 simple interest at 4% a year. For how many years was it kept?
  10. 10.Meera keeps ₹5000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  11. 11.₹3000 earns ₹270 simple interest at 3% a year. For how many years was it kept?
  12. 12.Ishaan keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  13. 13.₹1000 earns ₹20 simple interest at 2% a year. For how many years was it kept?
  14. 14.Ishaan keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  15. 15.₹500 earns ₹20 simple interest at 4% a year. For how many years was it kept?
  16. 16.₹4000 earns ₹2000 simple interest in 5 years. What is the rate of interest per year, in percent?
  17. 17.Meera keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Meera get in 2 years?
  18. 18.₹1500 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  19. 19.Sara keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Sara get in 4 years?
  20. 20.Arjun keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  21. 21.Ishaan keeps ₹5000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  22. 22.Sara keeps ₹5000 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  23. 23.Ishaan keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  24. 24.Aarav keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  25. 25.₹5000 earns ₹100 simple interest at 2% a year. For how many years was it kept?
  26. 26.Isha keeps ₹4000 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  27. 27.₹2500 earns ₹275 simple interest at 11% a year. For how many years was it kept?
  28. 28.Arjun keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  29. 29.Aarav keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  30. 30.₹1500 earns ₹825 simple interest at 11% a year. For how many years was it kept?
  31. 31.Dev keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 4 years?
  32. 32.Riya keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  33. 33.Ishaan keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  34. 34.₹2000 earns ₹280 simple interest at 7% a year. For how many years was it kept?
  35. 35.₹4000 earns ₹1200 simple interest at 6% a year. For how many years was it kept?
  36. 36.Arjun keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  37. 37.Anaya keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  38. 38.₹500 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  39. 39.Ishaan keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  40. 40.₹3000 earns ₹1350 simple interest at 9% a year. For how many years was it kept?

Answer key

  1. 5
  2. 3
  3. 6
  4. 12
  5. 10
  6. 60
  7. 12
  8. 2240
  9. 5
  10. 5500
  11. 3
  12. 40
  13. 1
  14. 160
  15. 1
  16. 10
  17. 220
  18. 4
  19. 560
  20. 80
  21. 5300
  22. 6500
  23. 1120
  24. 1090
  25. 1
  26. 5760
  27. 1
  28. 1650
  29. 240
  30. 5
  31. 360
  32. 2400
  33. 180
  34. 2
  35. 5
  36. 740
  37. 375
  38. 4
  39. 1090
  40. 5

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