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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 809 · 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.Aarav keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  2. 2.₹2000 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  3. 3.₹5000 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  4. 4.₹1500 earns ₹720 simple interest at 12% a year. For how many years was it kept?
  5. 5.Meera keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 2 years?
  6. 6.₹1000 earns ₹120 simple interest in 4 years. What is the rate of interest per year, in percent?
  7. 7.₹1500 earns ₹300 simple interest in 2 years. What is the rate of interest per year, in percent?
  8. 8.₹1500 earns ₹300 simple interest at 5% a year. For how many years was it kept?
  9. 9.Aarav keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  10. 10.₹1500 earns ₹315 simple interest at 7% a year. For how many years was it kept?
  11. 11.₹2000 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  12. 12.₹500 earns ₹45 simple interest in 3 years. What is the rate of interest per year, in percent?
  13. 13.₹3000 earns ₹900 simple interest at 6% a year. For how many years was it kept?
  14. 14.Aarav keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  15. 15.Arjun keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  16. 16.Diya keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  17. 17.₹1500 earns ₹450 simple interest in 5 years. What is the rate of interest per year, in percent?
  18. 18.₹1000 earns ₹100 simple interest at 10% a year. For how many years was it kept?
  19. 19.₹1500 earns ₹150 simple interest at 2% a year. For how many years was it kept?
  20. 20.₹500 earns ₹150 simple interest in 3 years. What is the rate of interest per year, in percent?
  21. 21.₹1500 earns ₹495 simple interest at 11% a year. For how many years was it kept?
  22. 22.₹2000 earns ₹320 simple interest in 4 years. What is the rate of interest per year, in percent?
  23. 23.Arjun keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  24. 24.Diya keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Diya get in 2 years?
  25. 25.₹2000 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  26. 26.Diya keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 1 year?
  27. 27.₹500 earns ₹275 simple interest in 5 years. What is the rate of interest per year, in percent?
  28. 28.₹2000 earns ₹220 simple interest in 1 year. What is the rate of interest per year, in percent?
  29. 29.Anaya keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  30. 30.₹2000 earns ₹720 simple interest at 12% a year. For how many years was it kept?
  31. 31.₹3000 earns ₹240 simple interest at 8% a year. For how many years was it kept?
  32. 32.Arjun keeps ₹2000 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  33. 33.₹1000 earns ₹20 simple interest in 1 year. What is the rate of interest per year, in percent?
  34. 34.₹500 earns ₹20 simple interest at 2% a year. For how many years was it kept?
  35. 35.Anaya keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  36. 36.₹1500 earns ₹180 simple interest at 4% a year. For how many years was it kept?
  37. 37.Riya keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 4 years?
  38. 38.Rohan keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  39. 39.₹2000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  40. 40.Aarav keeps ₹4000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?

Answer key

  1. 1750
  2. 1
  3. 3
  4. 4
  5. 640
  6. 3
  7. 10
  8. 4
  9. 50
  10. 3
  11. 5
  12. 3
  13. 5
  14. 80
  15. 110
  16. 2080
  17. 6
  18. 1
  19. 5
  20. 10
  21. 3
  22. 4
  23. 575
  24. 240
  25. 1
  26. 110
  27. 11
  28. 11
  29. 600
  30. 3
  31. 1
  32. 2880
  33. 2
  34. 2
  35. 3840
  36. 3
  37. 240
  38. 2700
  39. 6
  40. 5920

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