← Simple interest and the rate lesson New set →

Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 791 · 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.₹1500 earns ₹450 simple interest at 6% a year. For how many years was it kept?
  2. 2.Riya keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  3. 3.₹500 earns ₹40 simple interest in 2 years. What is the rate of interest per year, in percent?
  4. 4.₹5000 earns ₹1600 simple interest at 8% a year. For how many years was it kept?
  5. 5.Sara keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 2 years?
  6. 6.Kabir keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  7. 7.Dev keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 3 years?
  8. 8.₹1500 earns ₹420 simple interest at 7% a year. For how many years was it kept?
  9. 9.₹1000 earns ₹350 simple interest at 7% a year. For how many years was it kept?
  10. 10.Riya keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 4 years?
  11. 11.Kabir keeps ₹2500 in a bank at 6% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  12. 12.₹1000 earns ₹180 simple interest at 6% a year. For how many years was it kept?
  13. 13.₹2000 earns ₹100 simple interest at 5% a year. For how many years was it kept?
  14. 14.Diya keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Diya get in 2 years?
  15. 15.Rohan keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  16. 16.Riya keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 2 years?
  17. 17.Dev keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Dev get in 2 years?
  18. 18.₹500 earns ₹105 simple interest at 7% a year. For how many years was it kept?
  19. 19.₹2000 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  20. 20.₹1000 earns ₹400 simple interest at 8% a year. For how many years was it kept?
  21. 21.Anaya keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  22. 22.Riya keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  23. 23.₹1000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  24. 24.₹4000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  25. 25.₹2500 earns ₹675 simple interest in 3 years. What is the rate of interest per year, in percent?
  26. 26.₹3000 earns ₹360 simple interest in 4 years. What is the rate of interest per year, in percent?
  27. 27.Dev keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  28. 28.₹1000 earns ₹300 simple interest at 6% a year. For how many years was it kept?
  29. 29.₹2500 earns ₹75 simple interest in 1 year. What is the rate of interest per year, in percent?
  30. 30.Dev keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 2 years?
  31. 31.₹3000 earns ₹1050 simple interest at 7% a year. For how many years was it kept?
  32. 32.Sara keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Sara get in 3 years?
  33. 33.Meera keeps ₹500 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  34. 34.Riya keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 3 years?
  35. 35.Meera keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 2 years?
  36. 36.Isha keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Isha get in 1 year?
  37. 37.₹1500 earns ₹60 simple interest in 2 years. What is the rate of interest per year, in percent?
  38. 38.₹500 earns ₹45 simple interest at 9% a year. For how many years was it kept?
  39. 39.₹3000 earns ₹1320 simple interest in 4 years. What is the rate of interest per year, in percent?
  40. 40.₹1000 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?

Answer key

  1. 5
  2. 1980
  3. 4
  4. 4
  5. 150
  6. 400
  7. 360
  8. 4
  9. 5
  10. 1440
  11. 300
  12. 3
  13. 1
  14. 540
  15. 300
  16. 160
  17. 300
  18. 3
  19. 10
  20. 5
  21. 2100
  22. 1860
  23. 4
  24. 3
  25. 9
  26. 3
  27. 4240
  28. 5
  29. 3
  30. 160
  31. 5
  32. 825
  33. 550
  34. 360
  35. 240
  36. 60
  37. 2
  38. 1
  39. 11
  40. 5

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