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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 798 · 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.₹5000 earns ₹750 simple interest in 3 years. What is the rate of interest per year, in percent?
  2. 2.Riya keeps ₹2000 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  3. 3.₹500 earns ₹60 simple interest at 4% a year. For how many years was it kept?
  4. 4.₹500 earns ₹55 simple interest in 1 year. What is the rate of interest per year, in percent?
  5. 5.₹500 earns ₹55 simple interest at 11% a year. For how many years was it kept?
  6. 6.Aarav keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  7. 7.Meera keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Meera get in 4 years?
  8. 8.Rohan keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  9. 9.₹5000 earns ₹500 simple interest in 1 year. What is the rate of interest per year, in percent?
  10. 10.₹1500 earns ₹150 simple interest at 2% a year. For how many years was it kept?
  11. 11.Rohan keeps ₹1500 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  12. 12.₹1500 earns ₹165 simple interest at 11% a year. For how many years was it kept?
  13. 13.Anaya keeps ₹5000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  14. 14.Riya keeps ₹2000 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  15. 15.Diya keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Diya get in 1 year?
  16. 16.₹500 earns ₹50 simple interest in 2 years. What is the rate of interest per year, in percent?
  17. 17.₹3000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  18. 18.₹1000 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  19. 19.Aarav keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  20. 20.Ishaan keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  21. 21.₹2500 earns ₹625 simple interest at 5% a year. For how many years was it kept?
  22. 22.Meera keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Meera get in 4 years?
  23. 23.Rohan keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  24. 24.Dev keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Dev get in 1 year?
  25. 25.₹2000 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  26. 26.Isha keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Isha get in 3 years?
  27. 27.Diya keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 2 years?
  28. 28.Aarav keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  29. 29.₹1500 earns ₹45 simple interest in 1 year. What is the rate of interest per year, in percent?
  30. 30.₹1000 earns ₹120 simple interest at 6% a year. For how many years was it kept?
  31. 31.Rohan keeps ₹2500 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  32. 32.Riya keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 5 years?
  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.Meera keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 5 years?
  35. 35.₹1500 earns ₹900 simple interest in 5 years. What is the rate of interest per year, in percent?
  36. 36.₹2500 earns ₹300 simple interest at 12% a year. For how many years was it kept?
  37. 37.Sara keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 3 years?
  38. 38.₹500 earns ₹40 simple interest at 8% a year. For how many years was it kept?
  39. 39.Kabir keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  40. 40.Aarav keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 3 years?

Answer key

  1. 5
  2. 2640
  3. 3
  4. 11
  5. 1
  6. 100
  7. 220
  8. 5300
  9. 10
  10. 5
  11. 1815
  12. 1
  13. 6350
  14. 2480
  15. 180
  16. 5
  17. 4
  18. 10
  19. 330
  20. 120
  21. 5
  22. 600
  23. 300
  24. 60
  25. 1
  26. 330
  27. 110
  28. 200
  29. 3
  30. 2
  31. 3500
  32. 450
  33. 180
  34. 250
  35. 12
  36. 1
  37. 480
  38. 1
  39. 280
  40. 240

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