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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 814 · 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 ₹360 simple interest at 3% a year. For how many years was it kept?
  2. 2.Ishaan keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  3. 3.₹2500 earns ₹800 simple interest at 8% a year. For how many years was it kept?
  4. 4.Kabir keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  5. 5.₹5000 earns ₹600 simple interest in 2 years. What is the rate of interest per year, in percent?
  6. 6.₹1500 earns ₹300 simple interest at 4% a year. For how many years was it kept?
  7. 7.Riya keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 2 years?
  8. 8.₹2500 earns ₹125 simple interest at 5% a year. For how many years was it kept?
  9. 9.Dev keeps ₹2500 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  10. 10.Ishaan keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  11. 11.₹5000 earns ₹1650 simple interest in 3 years. What is the rate of interest per year, in percent?
  12. 12.₹3000 earns ₹240 simple interest in 4 years. What is the rate of interest per year, in percent?
  13. 13.₹1000 earns ₹150 simple interest in 5 years. What is the rate of interest per year, in percent?
  14. 14.₹3000 earns ₹480 simple interest in 2 years. What is the rate of interest per year, in percent?
  15. 15.₹1500 earns ₹600 simple interest at 8% a year. For how many years was it kept?
  16. 16.Isha keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  17. 17.Riya keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 4 years?
  18. 18.Sara keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  19. 19.Sara keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Sara get in 1 year?
  20. 20.₹500 earns ₹110 simple interest in 2 years. What is the rate of interest per year, in percent?
  21. 21.₹500 earns ₹100 simple interest in 5 years. What is the rate of interest per year, in percent?
  22. 22.₹1500 earns ₹600 simple interest at 10% a year. For how many years was it kept?
  23. 23.Kabir keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  24. 24.₹500 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  25. 25.₹2000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  26. 26.₹1500 earns ₹270 simple interest at 9% a year. For how many years was it kept?
  27. 27.Riya keeps ₹2000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  28. 28.₹1000 earns ₹350 simple interest at 7% a year. For how many years was it kept?
  29. 29.Isha keeps ₹2500 in a bank at 6% simple interest a year. How many rupees of interest does Isha get in 5 years?
  30. 30.Ishaan keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  31. 31.Riya keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 2 years?
  32. 32.Aarav keeps ₹1500 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  33. 33.Ishaan keeps ₹3000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  34. 34.Anaya keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  35. 35.Sara keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Sara get in 3 years?
  36. 36.₹5000 earns ₹500 simple interest at 5% a year. For how many years was it kept?
  37. 37.Sara keeps ₹2000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  38. 38.Rohan keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  39. 39.₹1000 earns ₹90 simple interest in 3 years. What is the rate of interest per year, in percent?
  40. 40.Anaya keeps ₹5000 in a bank at 8% simple interest a year. How many rupees of interest does Anaya get in 2 years?

Answer key

  1. 3
  2. 135
  3. 4
  4. 4650
  5. 6
  6. 5
  7. 500
  8. 1
  9. 3025
  10. 2960
  11. 11
  12. 2
  13. 3
  14. 8
  15. 5
  16. 4320
  17. 640
  18. 600
  19. 165
  20. 11
  21. 4
  22. 4
  23. 40
  24. 4
  25. 3
  26. 2
  27. 2420
  28. 5
  29. 750
  30. 3100
  31. 20
  32. 1665
  33. 3300
  34. 450
  35. 405
  36. 2
  37. 2280
  38. 1500
  39. 3
  40. 800

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