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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 797 · 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.Riya keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  2. 2.₹2500 earns ₹1100 simple interest at 11% a year. For how many years was it kept?
  3. 3.₹500 earns ₹55 simple interest at 11% a year. For how many years was it kept?
  4. 4.₹2000 earns ₹120 simple interest at 3% a year. For how many years was it kept?
  5. 5.₹1500 earns ₹480 simple interest at 8% a year. For how many years was it kept?
  6. 6.₹4000 earns ₹280 simple interest in 1 year. What is the rate of interest per year, in percent?
  7. 7.₹500 earns ₹120 simple interest in 3 years. What is the rate of interest per year, in percent?
  8. 8.Riya keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Riya get in 2 years?
  9. 9.Rohan keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  10. 10.Ishaan keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  11. 11.Rohan keeps ₹2500 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  12. 12.Anaya keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  13. 13.Isha keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Isha get in 4 years?
  14. 14.₹1000 earns ₹30 simple interest at 3% a year. For how many years was it kept?
  15. 15.Kabir keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  16. 16.₹1500 earns ₹360 simple interest at 6% a year. For how many years was it kept?
  17. 17.Riya keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 1 year?
  18. 18.Arjun keeps ₹2000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  19. 19.₹2500 earns ₹550 simple interest at 11% a year. For how many years was it kept?
  20. 20.₹2000 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  21. 21.Aarav keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  22. 22.₹500 earns ₹40 simple interest at 4% a year. For how many years was it kept?
  23. 23.Dev keeps ₹2000 in a bank at 9% simple interest a year. How many rupees of interest does Dev get in 2 years?
  24. 24.₹500 earns ₹140 simple interest in 4 years. What is the rate of interest per year, in percent?
  25. 25.Aarav keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  26. 26.Dev keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  27. 27.₹500 earns ₹180 simple interest at 9% a year. For how many years was it kept?
  28. 28.₹500 earns ₹50 simple interest at 5% a year. For how many years was it kept?
  29. 29.Sara keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  30. 30.₹500 earns ₹90 simple interest in 3 years. What is the rate of interest per year, in percent?
  31. 31.Arjun keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  32. 32.₹5000 earns ₹550 simple interest in 1 year. What is the rate of interest per year, in percent?
  33. 33.Rohan keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  34. 34.Diya keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 4 years?
  35. 35.₹1000 earns ₹280 simple interest at 7% a year. For how many years was it kept?
  36. 36.₹2500 earns ₹125 simple interest at 5% a year. For how many years was it kept?
  37. 37.₹1000 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  38. 38.₹1500 earns ₹315 simple interest at 7% a year. For how many years was it kept?
  39. 39.Dev keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  40. 40.Isha keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Isha get in 5 years?

Answer key

  1. 580
  2. 4
  3. 1
  4. 2
  5. 4
  6. 7
  7. 8
  8. 100
  9. 90
  10. 3240
  11. 3000
  12. 35
  13. 160
  14. 1
  15. 450
  16. 4
  17. 75
  18. 2420
  19. 2
  20. 2
  21. 15
  22. 2
  23. 360
  24. 7
  25. 180
  26. 5300
  27. 4
  28. 2
  29. 620
  30. 6
  31. 350
  32. 11
  33. 1600
  34. 240
  35. 4
  36. 1
  37. 5
  38. 3
  39. 4840
  40. 300

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