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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 785 · 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.Rohan keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  2. 2.₹2500 earns ₹75 simple interest at 3% a year. For how many years was it kept?
  3. 3.₹3000 earns ₹240 simple interest in 1 year. What is the rate of interest per year, in percent?
  4. 4.₹4000 earns ₹800 simple interest at 5% a year. For how many years was it kept?
  5. 5.₹4000 earns ₹400 simple interest at 2% a year. For how many years was it kept?
  6. 6.₹1500 earns ₹360 simple interest in 2 years. What is the rate of interest per year, in percent?
  7. 7.Dev keeps ₹4000 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  8. 8.₹500 earns ₹105 simple interest at 7% a year. For how many years was it kept?
  9. 9.Rohan keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  10. 10.Anaya keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  11. 11.₹4000 earns ₹480 simple interest at 6% a year. For how many years was it kept?
  12. 12.₹1500 earns ₹180 simple interest in 4 years. What is the rate of interest per year, in percent?
  13. 13.Dev keeps ₹3000 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  14. 14.₹2500 earns ₹1000 simple interest in 4 years. What is the rate of interest per year, in percent?
  15. 15.Arjun keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  16. 16.Kabir keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  17. 17.Rohan keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  18. 18.₹1500 earns ₹210 simple interest in 2 years. What is the rate of interest per year, in percent?
  19. 19.Meera keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  20. 20.₹500 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  21. 21.Kabir keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  22. 22.Sara keeps ₹1500 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  23. 23.₹2500 earns ₹250 simple interest in 1 year. What is the rate of interest per year, in percent?
  24. 24.₹1000 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  25. 25.₹500 earns ₹45 simple interest in 1 year. What is the rate of interest per year, in percent?
  26. 26.Kabir keeps ₹1000 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  27. 27.Aarav keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  28. 28.₹1500 earns ₹660 simple interest in 4 years. What is the rate of interest per year, in percent?
  29. 29.Dev keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  30. 30.₹1000 earns ₹120 simple interest at 6% a year. For how many years was it kept?
  31. 31.Diya keeps ₹1500 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  32. 32.₹1000 earns ₹60 simple interest at 3% a year. For how many years was it kept?
  33. 33.₹500 earns ₹10 simple interest in 1 year. What is the rate of interest per year, in percent?
  34. 34.₹1500 earns ₹495 simple interest at 11% a year. For how many years was it kept?
  35. 35.₹4000 earns ₹320 simple interest in 1 year. What is the rate of interest per year, in percent?
  36. 36.₹3000 earns ₹360 simple interest in 2 years. What is the rate of interest per year, in percent?
  37. 37.Diya keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  38. 38.₹2500 earns ₹450 simple interest at 6% a year. For how many years was it kept?
  39. 39.₹4000 earns ₹1120 simple interest at 7% a year. For how many years was it kept?
  40. 40.Aarav keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 5 years?

Answer key

  1. 4960
  2. 1
  3. 8
  4. 4
  5. 5
  6. 12
  7. 4400
  8. 3
  9. 4080
  10. 900
  11. 2
  12. 3
  13. 3360
  14. 10
  15. 240
  16. 330
  17. 300
  18. 7
  19. 1160
  20. 12
  21. 400
  22. 2100
  23. 10
  24. 2
  25. 9
  26. 1120
  27. 5300
  28. 11
  29. 1800
  30. 2
  31. 1770
  32. 2
  33. 2
  34. 3
  35. 8
  36. 6
  37. 545
  38. 3
  39. 4
  40. 800

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