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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 823 · 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.Diya keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Diya get in 1 year?
  2. 2.Arjun keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  3. 3.Anaya keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  4. 4.Ishaan keeps ₹2000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  5. 5.Diya keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Diya get in 2 years?
  6. 6.Sara keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Sara get in 3 years?
  7. 7.₹3000 earns ₹480 simple interest at 4% a year. For how many years was it kept?
  8. 8.₹1000 earns ₹160 simple interest in 4 years. What is the rate of interest per year, in percent?
  9. 9.Meera keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 2 years?
  10. 10.₹2000 earns ₹160 simple interest at 2% a year. For how many years was it kept?
  11. 11.₹1000 earns ₹80 simple interest at 8% a year. For how many years was it kept?
  12. 12.Anaya keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  13. 13.Diya keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Diya get in 5 years?
  14. 14.₹2500 earns ₹550 simple interest in 2 years. What is the rate of interest per year, in percent?
  15. 15.Sara keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  16. 16.Anaya keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  17. 17.₹500 earns ₹45 simple interest in 1 year. What is the rate of interest per year, in percent?
  18. 18.₹5000 earns ₹2400 simple interest at 12% a year. For how many years was it kept?
  19. 19.₹1500 earns ₹90 simple interest in 1 year. What is the rate of interest per year, in percent?
  20. 20.Arjun keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  21. 21.₹1500 earns ₹180 simple interest in 1 year. What is the rate of interest per year, in percent?
  22. 22.Isha keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Isha get in 1 year?
  23. 23.Sara keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  24. 24.₹1000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  25. 25.₹4000 earns ₹2000 simple interest in 5 years. What is the rate of interest per year, in percent?
  26. 26.Riya keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Riya get in 3 years?
  27. 27.₹500 earns ₹250 simple interest in 5 years. What is the rate of interest per year, in percent?
  28. 28.Meera keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 1 year?
  29. 29.₹5000 earns ₹1000 simple interest in 4 years. What is the rate of interest per year, in percent?
  30. 30.₹1500 earns ₹720 simple interest at 12% a year. For how many years was it kept?
  31. 31.₹1000 earns ₹50 simple interest at 5% a year. For how many years was it kept?
  32. 32.Arjun keeps ₹2000 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  33. 33.₹500 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
  34. 34.₹4000 earns ₹1000 simple interest at 5% a year. For how many years was it kept?
  35. 35.₹500 earns ₹20 simple interest in 1 year. What is the rate of interest per year, in percent?
  36. 36.Riya keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 1 year?
  37. 37.Kabir keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  38. 38.₹500 earns ₹30 simple interest at 6% a year. For how many years was it kept?
  39. 39.Kabir keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  40. 40.₹1500 earns ₹90 simple interest at 3% a year. For how many years was it kept?

Answer key

  1. 320
  2. 240
  3. 35
  4. 2360
  5. 210
  6. 750
  7. 4
  8. 4
  9. 320
  10. 4
  11. 1
  12. 1280
  13. 1200
  14. 11
  15. 2960
  16. 720
  17. 9
  18. 4
  19. 6
  20. 1635
  21. 12
  22. 60
  23. 535
  24. 6
  25. 10
  26. 150
  27. 10
  28. 135
  29. 5
  30. 4
  31. 1
  32. 3000
  33. 6
  34. 5
  35. 4
  36. 10
  37. 1800
  38. 1
  39. 240
  40. 2

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