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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 807 · 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.₹500 earns ₹30 simple interest at 6% a year. For how many years was it kept?
  2. 2.Diya keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  3. 3.₹1000 earns ₹300 simple interest at 6% a year. For how many years was it kept?
  4. 4.₹2500 earns ₹100 simple interest at 2% a year. For how many years was it kept?
  5. 5.₹4000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  6. 6.Rohan keeps ₹3000 in a bank at 7% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  7. 7.Arjun keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  8. 8.Riya keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  9. 9.Kabir keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  10. 10.₹1000 earns ₹600 simple interest at 12% a year. For how many years was it kept?
  11. 11.₹2500 earns ₹400 simple interest in 4 years. What is the rate of interest per year, in percent?
  12. 12.₹1000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  13. 13.₹4000 earns ₹200 simple interest at 5% a year. For how many years was it kept?
  14. 14.₹5000 earns ₹400 simple interest in 1 year. What is the rate of interest per year, in percent?
  15. 15.Rohan keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  16. 16.₹2500 earns ₹875 simple interest at 7% a year. For how many years was it kept?
  17. 17.₹1500 earns ₹360 simple interest at 8% a year. For how many years was it kept?
  18. 18.₹2000 earns ₹200 simple interest at 10% a year. For how many years was it kept?
  19. 19.₹3000 earns ₹720 simple interest in 4 years. What is the rate of interest per year, in percent?
  20. 20.Meera keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  21. 21.Arjun keeps ₹2000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  22. 22.₹1500 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  23. 23.Aarav keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  24. 24.₹1500 earns ₹45 simple interest in 1 year. What is the rate of interest per year, in percent?
  25. 25.Anaya keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  26. 26.₹2000 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  27. 27.₹2500 earns ₹500 simple interest at 10% a year. For how many years was it kept?
  28. 28.Diya keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Diya get in 2 years?
  29. 29.₹1500 earns ₹300 simple interest at 10% a year. For how many years was it kept?
  30. 30.₹1500 earns ₹90 simple interest in 2 years. What is the rate of interest per year, in percent?
  31. 31.₹1000 earns ₹180 simple interest at 6% a year. For how many years was it kept?
  32. 32.Rohan keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  33. 33.Kabir keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  34. 34.₹500 earns ₹30 simple interest in 3 years. What is the rate of interest per year, in percent?
  35. 35.Anaya keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  36. 36.Rohan keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  37. 37.₹5000 earns ₹450 simple interest at 3% a year. For how many years was it kept?
  38. 38.₹1000 earns ₹500 simple interest in 5 years. What is the rate of interest per year, in percent?
  39. 39.Kabir keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  40. 40.₹500 earns ₹90 simple interest at 6% a year. For how many years was it kept?

Answer key

  1. 1
  2. 2120
  3. 5
  4. 2
  5. 3
  6. 420
  7. 1680
  8. 1150
  9. 1635
  10. 5
  11. 4
  12. 4
  13. 1
  14. 8
  15. 135
  16. 5
  17. 3
  18. 1
  19. 6
  20. 2720
  21. 2060
  22. 8
  23. 720
  24. 3
  25. 210
  26. 2
  27. 2
  28. 280
  29. 2
  30. 3
  31. 3
  32. 8000
  33. 400
  34. 2
  35. 1100
  36. 480
  37. 3
  38. 10
  39. 60
  40. 3

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