← Simple interest and the rate lesson New set →

Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 788 · 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.Meera keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 4 years?
  2. 2.₹2000 earns ₹540 simple interest in 3 years. What is the rate of interest per year, in percent?
  3. 3.₹4000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  4. 4.Dev keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 3 years?
  5. 5.Anaya keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  6. 6.₹500 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  7. 7.₹3000 earns ₹60 simple interest at 2% a year. For how many years was it kept?
  8. 8.₹1000 earns ₹140 simple interest at 7% a year. For how many years was it kept?
  9. 9.Meera keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  10. 10.Rohan keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  11. 11.₹1500 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  12. 12.₹3000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  13. 13.₹3000 earns ₹300 simple interest at 2% a year. For how many years was it kept?
  14. 14.Rohan keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  15. 15.Riya keeps ₹1500 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  16. 16.₹4000 earns ₹1440 simple interest at 12% a year. For how many years was it kept?
  17. 17.Dev keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 5 years?
  18. 18.₹3000 earns ₹300 simple interest in 1 year. What is the rate of interest per year, in percent?
  19. 19.Ishaan keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  20. 20.₹500 earns ₹165 simple interest in 3 years. What is the rate of interest per year, in percent?
  21. 21.₹5000 earns ₹1200 simple interest in 4 years. What is the rate of interest per year, in percent?
  22. 22.Aarav keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  23. 23.₹500 earns ₹45 simple interest in 3 years. What is the rate of interest per year, in percent?
  24. 24.₹1000 earns ₹70 simple interest in 1 year. What is the rate of interest per year, in percent?
  25. 25.₹500 earns ₹15 simple interest in 1 year. What is the rate of interest per year, in percent?
  26. 26.₹2000 earns ₹360 simple interest at 9% a year. For how many years was it kept?
  27. 27.Riya keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 3 years?
  28. 28.Ishaan keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  29. 29.₹2500 earns ₹600 simple interest in 4 years. What is the rate of interest per year, in percent?
  30. 30.Aarav keeps ₹2000 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  31. 31.₹1500 earns ₹660 simple interest at 11% a year. For how many years was it kept?
  32. 32.Arjun keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  33. 33.Riya keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 2 years?
  34. 34.₹1000 earns ₹150 simple interest at 5% a year. For how many years was it kept?
  35. 35.₹500 earns ₹100 simple interest in 5 years. What is the rate of interest per year, in percent?
  36. 36.₹2500 earns ₹600 simple interest in 2 years. What is the rate of interest per year, in percent?
  37. 37.Ishaan keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  38. 38.₹500 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  39. 39.Anaya keeps ₹5000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  40. 40.Riya keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 4 years?

Answer key

  1. 900
  2. 9
  3. 1
  4. 120
  5. 900
  6. 12
  7. 1
  8. 2
  9. 4240
  10. 480
  11. 4
  12. 2
  13. 5
  14. 4200
  15. 1590
  16. 3
  17. 750
  18. 10
  19. 2700
  20. 11
  21. 6
  22. 1350
  23. 3
  24. 7
  25. 3
  26. 2
  27. 60
  28. 600
  29. 6
  30. 2800
  31. 4
  32. 3240
  33. 180
  34. 3
  35. 4
  36. 12
  37. 3270
  38. 4
  39. 6350
  40. 540

Free percentage lessons, practice and worksheets at talentjr.in/how-to-calculate-percentage