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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 776 · 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 ₹1320 simple interest in 3 years. What is the rate of interest per year, in percent?
  2. 2.₹500 earns ₹40 simple interest at 8% a year. For how many years was it kept?
  3. 3.₹1000 earns ₹120 simple interest at 6% a year. For how many years was it kept?
  4. 4.Aarav keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  5. 5.Dev keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 5 years?
  6. 6.₹3000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  7. 7.₹4000 earns ₹480 simple interest at 3% a year. For how many years was it kept?
  8. 8.₹1500 earns ₹270 simple interest in 2 years. What is the rate of interest per year, in percent?
  9. 9.₹1000 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  10. 10.₹500 earns ₹30 simple interest at 2% a year. For how many years was it kept?
  11. 11.Riya keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 5 years?
  12. 12.₹1500 earns ₹90 simple interest at 6% a year. For how many years was it kept?
  13. 13.Isha keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  14. 14.₹3000 earns ₹180 simple interest at 3% a year. For how many years was it kept?
  15. 15.₹500 earns ₹125 simple interest at 5% a year. For how many years was it kept?
  16. 16.Isha keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  17. 17.₹4000 earns ₹640 simple interest at 4% a year. For how many years was it kept?
  18. 18.₹3000 earns ₹360 simple interest at 6% a year. For how many years was it kept?
  19. 19.₹2000 earns ₹240 simple interest at 3% a year. For how many years was it kept?
  20. 20.Rohan keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  21. 21.Arjun keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  22. 22.Rohan keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  23. 23.₹1000 earns ₹480 simple interest at 12% a year. For how many years was it kept?
  24. 24.₹2500 earns ₹825 simple interest at 11% a year. For how many years was it kept?
  25. 25.₹2000 earns ₹320 simple interest in 2 years. What is the rate of interest per year, in percent?
  26. 26.₹1500 earns ₹750 simple interest at 10% a year. For how many years was it kept?
  27. 27.Kabir keeps ₹2000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  28. 28.₹1500 earns ₹135 simple interest in 1 year. What is the rate of interest per year, in percent?
  29. 29.₹1000 earns ₹200 simple interest in 4 years. What is the rate of interest per year, in percent?
  30. 30.₹2500 earns ₹250 simple interest at 5% a year. For how many years was it kept?
  31. 31.Meera keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 4 years?
  32. 32.₹1000 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  33. 33.₹5000 earns ₹900 simple interest in 2 years. What is the rate of interest per year, in percent?
  34. 34.Meera keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  35. 35.₹1500 earns ₹675 simple interest in 5 years. What is the rate of interest per year, in percent?
  36. 36.Kabir keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  37. 37.₹1500 earns ₹480 simple interest in 4 years. What is the rate of interest per year, in percent?
  38. 38.₹500 earns ₹20 simple interest at 2% a year. For how many years was it kept?
  39. 39.Anaya keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  40. 40.Isha keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Isha get in 1 year?

Answer key

  1. 11
  2. 1
  3. 2
  4. 100
  5. 150
  6. 4
  7. 4
  8. 9
  9. 10
  10. 3
  11. 375
  12. 1
  13. 545
  14. 2
  15. 5
  16. 2240
  17. 4
  18. 2
  19. 4
  20. 610
  21. 150
  22. 480
  23. 4
  24. 3
  25. 8
  26. 5
  27. 2280
  28. 9
  29. 5
  30. 2
  31. 420
  32. 2
  33. 9
  34. 1350
  35. 9
  36. 320
  37. 8
  38. 2
  39. 120
  40. 200

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