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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 799 · 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.₹4000 earns ₹840 simple interest at 7% a year. For how many years was it kept?
  2. 2.₹5000 earns ₹1500 simple interest at 6% a year. For how many years was it kept?
  3. 3.₹500 earns ₹200 simple interest at 8% a year. For how many years was it kept?
  4. 4.₹3000 earns ₹900 simple interest in 5 years. What is the rate of interest per year, in percent?
  5. 5.Rohan keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  6. 6.Isha keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Isha get in 1 year?
  7. 7.₹1500 earns ₹525 simple interest in 5 years. What is the rate of interest per year, in percent?
  8. 8.Aarav keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  9. 9.Diya keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Diya get in 2 years?
  10. 10.₹5000 earns ₹1750 simple interest at 7% a year. For how many years was it kept?
  11. 11.Meera keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 5 years?
  12. 12.₹4000 earns ₹960 simple interest in 2 years. What is the rate of interest per year, in percent?
  13. 13.Meera keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 2 years?
  14. 14.Ishaan keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  15. 15.Dev keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  16. 16.Aarav keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  17. 17.Sara keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Sara get in 2 years?
  18. 18.₹3000 earns ₹180 simple interest at 3% a year. For how many years was it kept?
  19. 19.Meera keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 2 years?
  20. 20.Meera keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Meera get in 1 year?
  21. 21.Ishaan keeps ₹500 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  22. 22.₹2500 earns ₹150 simple interest in 3 years. What is the rate of interest per year, in percent?
  23. 23.₹1500 earns ₹225 simple interest at 3% a year. For how many years was it kept?
  24. 24.Rohan keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  25. 25.Riya keeps ₹1000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  26. 26.₹1000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  27. 27.Meera keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 1 year?
  28. 28.Arjun keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  29. 29.₹3000 earns ₹840 simple interest at 7% a year. For how many years was it kept?
  30. 30.₹2500 earns ₹1100 simple interest in 4 years. What is the rate of interest per year, in percent?
  31. 31.₹500 earns ₹220 simple interest in 4 years. What is the rate of interest per year, in percent?
  32. 32.Anaya keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  33. 33.₹5000 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  34. 34.₹5000 earns ₹700 simple interest at 7% a year. For how many years was it kept?
  35. 35.Anaya keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  36. 36.Isha keeps ₹2000 in a bank at 11% simple interest a year. How many rupees of interest does Isha get in 1 year?
  37. 37.Diya keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 4 years?
  38. 38.₹4000 earns ₹720 simple interest at 6% a year. For how many years was it kept?
  39. 39.₹2000 earns ₹240 simple interest in 3 years. What is the rate of interest per year, in percent?
  40. 40.₹1500 earns ₹750 simple interest in 5 years. What is the rate of interest per year, in percent?

Answer key

  1. 3
  2. 5
  3. 5
  4. 6
  5. 600
  6. 90
  7. 7
  8. 1050
  9. 600
  10. 5
  11. 2250
  12. 12
  13. 40
  14. 405
  15. 515
  16. 3100
  17. 1100
  18. 2
  19. 160
  20. 60
  21. 560
  22. 2
  23. 5
  24. 600
  25. 1220
  26. 12
  27. 100
  28. 3180
  29. 4
  30. 11
  31. 11
  32. 240
  33. 2
  34. 2
  35. 440
  36. 220
  37. 660
  38. 3
  39. 4
  40. 10

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