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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 782 · 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 ₹80 simple interest in 1 year. What is the rate of interest per year, in percent?
  2. 2.Riya keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  3. 3.₹2500 earns ₹200 simple interest in 1 year. What is the rate of interest per year, in percent?
  4. 4.₹2500 earns ₹700 simple interest in 4 years. What is the rate of interest per year, in percent?
  5. 5.Diya keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Diya get in 1 year?
  6. 6.₹1500 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  7. 7.₹4000 earns ₹1760 simple interest at 11% a year. For how many years was it kept?
  8. 8.₹2500 earns ₹1375 simple interest in 5 years. What is the rate of interest per year, in percent?
  9. 9.₹500 earns ₹220 simple interest in 4 years. What is the rate of interest per year, in percent?
  10. 10.₹3000 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  11. 11.₹1000 earns ₹360 simple interest at 12% a year. For how many years was it kept?
  12. 12.Ishaan keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  13. 13.₹1000 earns ₹70 simple interest in 1 year. What is the rate of interest per year, in percent?
  14. 14.Isha keeps ₹2500 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  15. 15.₹500 earns ₹90 simple interest at 6% a year. For how many years was it kept?
  16. 16.Dev keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  17. 17.₹5000 earns ₹750 simple interest in 3 years. What is the rate of interest per year, in percent?
  18. 18.Anaya keeps ₹4000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  19. 19.Aarav keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  20. 20.Riya keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Riya get in 3 years?
  21. 21.₹1000 earns ₹60 simple interest at 6% a year. For how many years was it kept?
  22. 22.₹2000 earns ₹160 simple interest in 1 year. What is the rate of interest per year, in percent?
  23. 23.Riya keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Riya get in 2 years?
  24. 24.Meera keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  25. 25.Kabir keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  26. 26.₹5000 earns ₹400 simple interest at 8% a year. For how many years was it kept?
  27. 27.₹5000 earns ₹1200 simple interest at 12% a year. For how many years was it kept?
  28. 28.Ishaan keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  29. 29.₹2500 earns ₹150 simple interest at 6% a year. For how many years was it kept?
  30. 30.Arjun keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  31. 31.₹5000 earns ₹300 simple interest at 3% a year. For how many years was it kept?
  32. 32.₹500 earns ₹275 simple interest at 11% a year. For how many years was it kept?
  33. 33.Sara keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Sara get in 4 years?
  34. 34.Ishaan keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  35. 35.Sara keeps ₹1500 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  36. 36.₹4000 earns ₹880 simple interest at 11% a year. For how many years was it kept?
  37. 37.Sara keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Sara get in 1 year?
  38. 38.Diya keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  39. 39.₹5000 earns ₹100 simple interest at 2% a year. For how many years was it kept?
  40. 40.₹4000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?

Answer key

  1. 8
  2. 520
  3. 8
  4. 7
  5. 90
  6. 8
  7. 4
  8. 11
  9. 11
  10. 2
  11. 3
  12. 4840
  13. 7
  14. 3125
  15. 3
  16. 5000
  17. 5
  18. 4880
  19. 30
  20. 210
  21. 1
  22. 8
  23. 800
  24. 3360
  25. 180
  26. 1
  27. 2
  28. 350
  29. 1
  30. 360
  31. 2
  32. 5
  33. 700
  34. 960
  35. 1665
  36. 2
  37. 50
  38. 4350
  39. 1
  40. 2

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