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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 778 · 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.Arjun keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  2. 2.Riya keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  3. 3.Ishaan keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  4. 4.Meera keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 3 years?
  5. 5.Anaya keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  6. 6.₹2500 earns ₹250 simple interest in 2 years. What is the rate of interest per year, in percent?
  7. 7.₹1500 earns ₹150 simple interest in 5 years. What is the rate of interest per year, in percent?
  8. 8.Ishaan keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  9. 9.₹1500 earns ₹750 simple interest in 5 years. What is the rate of interest per year, in percent?
  10. 10.Riya keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 5 years?
  11. 11.₹1500 earns ₹180 simple interest in 1 year. What is the rate of interest per year, in percent?
  12. 12.Ishaan keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  13. 13.₹500 earns ₹180 simple interest at 9% a year. For how many years was it kept?
  14. 14.₹1000 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  15. 15.Sara keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  16. 16.Isha keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Isha get in 3 years?
  17. 17.Aarav keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  18. 18.₹5000 earns ₹1200 simple interest at 12% a year. For how many years was it kept?
  19. 19.Isha keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Isha get in 5 years?
  20. 20.Anaya keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  21. 21.Diya keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Diya get in 5 years?
  22. 22.₹3000 earns ₹840 simple interest in 4 years. What is the rate of interest per year, in percent?
  23. 23.Isha keeps ₹1500 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  24. 24.Sara keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Sara get in 1 year?
  25. 25.₹1000 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  26. 26.Ishaan keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  27. 27.₹2500 earns ₹525 simple interest in 3 years. What is the rate of interest per year, in percent?
  28. 28.₹2500 earns ₹175 simple interest at 7% a year. For how many years was it kept?
  29. 29.Sara keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Sara get in 3 years?
  30. 30.₹1500 earns ₹540 simple interest at 12% a year. For how many years was it kept?
  31. 31.₹1500 earns ₹660 simple interest in 4 years. What is the rate of interest per year, in percent?
  32. 32.₹500 earns ₹200 simple interest in 5 years. What is the rate of interest per year, in percent?
  33. 33.Kabir keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  34. 34.Ishaan keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  35. 35.₹4000 earns ₹160 simple interest at 2% a year. For how many years was it kept?
  36. 36.Riya keeps ₹2500 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  37. 37.Riya keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 2 years?
  38. 38.₹4000 earns ₹2400 simple interest at 12% a year. For how many years was it kept?
  39. 39.₹1500 earns ₹300 simple interest in 2 years. What is the rate of interest per year, in percent?
  40. 40.Meera keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 3 years?

Answer key

  1. 1000
  2. 3900
  3. 540
  4. 60
  5. 30
  6. 5
  7. 2
  8. 1000
  9. 10
  10. 300
  11. 12
  12. 90
  13. 4
  14. 4
  15. 5100
  16. 675
  17. 3200
  18. 2
  19. 250
  20. 480
  21. 525
  22. 7
  23. 1995
  24. 175
  25. 2
  26. 300
  27. 7
  28. 1
  29. 135
  30. 3
  31. 11
  32. 8
  33. 1350
  34. 120
  35. 2
  36. 2725
  37. 90
  38. 5
  39. 10
  40. 120

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