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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 790 · 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.₹2000 earns ₹560 simple interest in 4 years. What is the rate of interest per year, in percent?
  2. 2.₹3000 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  3. 3.Diya keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Diya get in 1 year?
  4. 4.₹5000 earns ₹900 simple interest at 9% a year. For how many years was it kept?
  5. 5.Anaya keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  6. 6.₹3000 earns ₹360 simple interest at 4% a year. For how many years was it kept?
  7. 7.₹2500 earns ₹225 simple interest in 3 years. What is the rate of interest per year, in percent?
  8. 8.₹1500 earns ₹480 simple interest at 8% a year. For how many years was it kept?
  9. 9.Kabir keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  10. 10.Diya keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 1 year?
  11. 11.Arjun keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  12. 12.Dev keeps ₹3000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  13. 13.Aarav keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  14. 14.₹1500 earns ₹750 simple interest in 5 years. What is the rate of interest per year, in percent?
  15. 15.Sara keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Sara get in 1 year?
  16. 16.Anaya keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  17. 17.₹500 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  18. 18.Sara keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Sara get in 3 years?
  19. 19.Meera keeps ₹1500 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  20. 20.Dev keeps ₹2500 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  21. 21.₹2500 earns ₹400 simple interest in 4 years. What is the rate of interest per year, in percent?
  22. 22.₹2500 earns ₹450 simple interest in 3 years. What is the rate of interest per year, in percent?
  23. 23.Sara keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Sara get in 4 years?
  24. 24.Kabir keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  25. 25.₹500 earns ₹55 simple interest in 1 year. What is the rate of interest per year, in percent?
  26. 26.₹5000 earns ₹900 simple interest in 2 years. What is the rate of interest per year, in percent?
  27. 27.Dev keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 4 years?
  28. 28.Rohan keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  29. 29.₹3000 earns ₹360 simple interest in 1 year. What is the rate of interest per year, in percent?
  30. 30.₹500 earns ₹75 simple interest in 5 years. What is the rate of interest per year, in percent?
  31. 31.₹3000 earns ₹360 simple interest at 6% a year. For how many years was it kept?
  32. 32.Anaya keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  33. 33.Arjun keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  34. 34.Diya keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  35. 35.Dev keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 4 years?
  36. 36.₹1000 earns ₹320 simple interest in 4 years. What is the rate of interest per year, in percent?
  37. 37.₹4000 earns ₹2200 simple interest at 11% a year. For how many years was it kept?
  38. 38.₹500 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  39. 39.₹500 earns ₹30 simple interest at 2% a year. For how many years was it kept?
  40. 40.Rohan keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 4 years?

Answer key

  1. 7
  2. 2
  3. 35
  4. 2
  5. 720
  6. 3
  7. 3
  8. 4
  9. 120
  10. 75
  11. 200
  12. 3600
  13. 120
  14. 10
  15. 100
  16. 110
  17. 10
  18. 1080
  19. 1605
  20. 2725
  21. 4
  22. 6
  23. 480
  24. 840
  25. 11
  26. 9
  27. 720
  28. 740
  29. 12
  30. 3
  31. 2
  32. 1680
  33. 50
  34. 6050
  35. 560
  36. 8
  37. 5
  38. 4
  39. 3
  40. 100

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