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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 806 · 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 ₹180 simple interest at 6% a year. For how many years was it kept?
  2. 2.₹4000 earns ₹2200 simple interest in 5 years. What is the rate of interest per year, in percent?
  3. 3.Isha keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Isha get in 1 year?
  4. 4.Sara keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Sara get in 4 years?
  5. 5.Aarav keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  6. 6.₹1500 earns ₹90 simple interest at 6% a year. For how many years was it kept?
  7. 7.₹1500 earns ₹180 simple interest in 1 year. What is the rate of interest per year, in percent?
  8. 8.Kabir keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  9. 9.₹1500 earns ₹450 simple interest in 5 years. What is the rate of interest per year, in percent?
  10. 10.Kabir keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  11. 11.₹2000 earns ₹140 simple interest in 1 year. What is the rate of interest per year, in percent?
  12. 12.₹500 earns ₹25 simple interest in 1 year. What is the rate of interest per year, in percent?
  13. 13.₹5000 earns ₹400 simple interest at 2% a year. For how many years was it kept?
  14. 14.₹1000 earns ₹80 simple interest in 1 year. What is the rate of interest per year, in percent?
  15. 15.₹3000 earns ₹210 simple interest at 7% a year. For how many years was it kept?
  16. 16.₹500 earns ₹150 simple interest at 6% a year. For how many years was it kept?
  17. 17.Riya keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 4 years?
  18. 18.Isha keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  19. 19.₹3000 earns ₹210 simple interest in 1 year. What is the rate of interest per year, in percent?
  20. 20.₹2500 earns ₹50 simple interest at 2% a year. For how many years was it kept?
  21. 21.Diya keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Diya get in 2 years?
  22. 22.Aarav keeps ₹2000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  23. 23.₹3000 earns ₹240 simple interest at 8% a year. For how many years was it kept?
  24. 24.Dev keeps ₹5000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  25. 25.Anaya keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  26. 26.Arjun keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  27. 27.Diya keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Diya get in 2 years?
  28. 28.₹5000 earns ₹600 simple interest in 4 years. What is the rate of interest per year, in percent?
  29. 29.Kabir keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  30. 30.₹3000 earns ₹1440 simple interest in 4 years. What is the rate of interest per year, in percent?
  31. 31.₹1000 earns ₹160 simple interest in 4 years. What is the rate of interest per year, in percent?
  32. 32.Sara keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 1 year?
  33. 33.₹1000 earns ₹360 simple interest at 9% a year. For how many years was it kept?
  34. 34.Kabir keeps ₹2000 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  35. 35.₹2500 earns ₹450 simple interest at 6% a year. For how many years was it kept?
  36. 36.₹1000 earns ₹200 simple interest in 4 years. What is the rate of interest per year, in percent?
  37. 37.Rohan keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  38. 38.₹2000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  39. 39.Rohan keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  40. 40.Aarav keeps ₹1500 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?

Answer key

  1. 2
  2. 11
  3. 75
  4. 640
  5. 90
  6. 1
  7. 12
  8. 5000
  9. 6
  10. 75
  11. 7
  12. 5
  13. 4
  14. 8
  15. 1
  16. 5
  17. 180
  18. 4560
  19. 7
  20. 1
  21. 100
  22. 2540
  23. 1
  24. 5900
  25. 2750
  26. 3660
  27. 80
  28. 3
  29. 40
  30. 12
  31. 4
  32. 90
  33. 4
  34. 360
  35. 3
  36. 5
  37. 750
  38. 3
  39. 225
  40. 1665

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