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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 784 · 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 ₹220 simple interest in 2 years. What is the rate of interest per year, in percent?
  2. 2.Sara keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Sara get in 5 years?
  3. 3.Riya keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  4. 4.₹2000 earns ₹120 simple interest at 2% a year. For how many years was it kept?
  5. 5.₹4000 earns ₹480 simple interest at 6% a year. For how many years was it kept?
  6. 6.₹1500 earns ₹540 simple interest in 3 years. What is the rate of interest per year, in percent?
  7. 7.₹1000 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  8. 8.₹1000 earns ₹60 simple interest in 3 years. What is the rate of interest per year, in percent?
  9. 9.Rohan keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  10. 10.Kabir keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  11. 11.Diya keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Diya get in 4 years?
  12. 12.Arjun keeps ₹5000 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  13. 13.Diya keeps ₹5000 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  14. 14.Diya keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  15. 15.₹2500 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  16. 16.Sara keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Sara get in 1 year?
  17. 17.₹500 earns ₹200 simple interest in 5 years. What is the rate of interest per year, in percent?
  18. 18.₹500 earns ₹140 simple interest at 7% a year. For how many years was it kept?
  19. 19.Diya keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 4 years?
  20. 20.Diya keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Diya get in 5 years?
  21. 21.₹1500 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  22. 22.₹1500 earns ₹270 simple interest in 3 years. What is the rate of interest per year, in percent?
  23. 23.Riya keeps ₹2500 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  24. 24.₹1500 earns ₹180 simple interest at 6% a year. For how many years was it kept?
  25. 25.Anaya keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  26. 26.₹5000 earns ₹1400 simple interest in 4 years. What is the rate of interest per year, in percent?
  27. 27.Ishaan keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  28. 28.₹2500 earns ₹375 simple interest at 5% a year. For how many years was it kept?
  29. 29.₹4000 earns ₹800 simple interest at 5% a year. For how many years was it kept?
  30. 30.₹3000 earns ₹1050 simple interest in 5 years. What is the rate of interest per year, in percent?
  31. 31.₹1000 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  32. 32.₹3000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  33. 33.₹2500 earns ₹500 simple interest in 4 years. What is the rate of interest per year, in percent?
  34. 34.Diya keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Diya get in 3 years?
  35. 35.Dev keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 1 year?
  36. 36.₹4000 earns ₹1440 simple interest at 9% a year. For how many years was it kept?
  37. 37.₹1500 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  38. 38.Meera keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 5 years?
  39. 39.₹2000 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  40. 40.Kabir keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 2 years?

Answer key

  1. 11
  2. 525
  3. 1250
  4. 3
  5. 2
  6. 12
  7. 6
  8. 2
  9. 300
  10. 360
  11. 480
  12. 7750
  13. 6250
  14. 5200
  15. 2
  16. 240
  17. 8
  18. 4
  19. 80
  20. 1500
  21. 8
  22. 6
  23. 3375
  24. 2
  25. 10
  26. 7
  27. 1800
  28. 3
  29. 4
  30. 7
  31. 5
  32. 4
  33. 5
  34. 1200
  35. 20
  36. 4
  37. 4
  38. 50
  39. 1
  40. 100

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