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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 773 · 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 ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  2. 2.Diya keeps ₹5000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  3. 3.₹2500 earns ₹450 simple interest in 2 years. What is the rate of interest per year, in percent?
  4. 4.₹5000 earns ₹500 simple interest in 1 year. What is the rate of interest per year, in percent?
  5. 5.₹3000 earns ₹270 simple interest at 3% a year. For how many years was it kept?
  6. 6.Sara keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  7. 7.₹1500 earns ₹270 simple interest at 6% a year. For how many years was it kept?
  8. 8.₹3000 earns ₹810 simple interest in 3 years. What is the rate of interest per year, in percent?
  9. 9.Meera keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 3 years?
  10. 10.Isha keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Isha get in 3 years?
  11. 11.Kabir keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  12. 12.Arjun keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  13. 13.₹500 earns ₹60 simple interest at 4% a year. For how many years was it kept?
  14. 14.₹500 earns ₹180 simple interest at 9% a year. For how many years was it kept?
  15. 15.Ishaan keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  16. 16.₹1000 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  17. 17.₹4000 earns ₹2400 simple interest at 12% a year. For how many years was it kept?
  18. 18.₹5000 earns ₹600 simple interest at 12% a year. For how many years was it kept?
  19. 19.Sara keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Sara get in 2 years?
  20. 20.₹4000 earns ₹1120 simple interest at 7% a year. For how many years was it kept?
  21. 21.Riya keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Riya get in 2 years?
  22. 22.₹1500 earns ₹180 simple interest at 4% a year. For how many years was it kept?
  23. 23.₹5000 earns ₹1200 simple interest in 3 years. What is the rate of interest per year, in percent?
  24. 24.Diya keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 2 years?
  25. 25.₹2500 earns ₹625 simple interest in 5 years. What is the rate of interest per year, in percent?
  26. 26.Anaya keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  27. 27.Anaya keeps ₹1000 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  28. 28.Rohan keeps ₹5000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  29. 29.Isha keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  30. 30.₹1000 earns ₹440 simple interest at 11% a year. For how many years was it kept?
  31. 31.Diya keeps ₹500 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  32. 32.₹1500 earns ₹90 simple interest at 6% a year. For how many years was it kept?
  33. 33.₹2500 earns ₹350 simple interest at 7% a year. For how many years was it kept?
  34. 34.₹2000 earns ₹1100 simple interest at 11% a year. For how many years was it kept?
  35. 35.₹2000 earns ₹320 simple interest in 4 years. What is the rate of interest per year, in percent?
  36. 36.₹2500 earns ₹375 simple interest at 3% a year. For how many years was it kept?
  37. 37.₹1000 earns ₹400 simple interest in 5 years. What is the rate of interest per year, in percent?
  38. 38.Anaya keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  39. 39.₹1500 earns ₹75 simple interest at 5% a year. For how many years was it kept?
  40. 40.₹3000 earns ₹180 simple interest in 1 year. What is the rate of interest per year, in percent?

Answer key

  1. 2
  2. 5600
  3. 9
  4. 10
  5. 3
  6. 3420
  7. 3
  8. 9
  9. 120
  10. 120
  11. 4280
  12. 1100
  13. 3
  14. 4
  15. 1100
  16. 10
  17. 5
  18. 1
  19. 80
  20. 4
  21. 330
  22. 3
  23. 8
  24. 120
  25. 5
  26. 180
  27. 1110
  28. 6000
  29. 2650
  30. 4
  31. 590
  32. 1
  33. 2
  34. 5
  35. 4
  36. 5
  37. 8
  38. 600
  39. 1
  40. 6

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