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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 824 · 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 ₹105 simple interest at 7% a year. For how many years was it kept?
  2. 2.₹2000 earns ₹100 simple interest at 5% a year. For how many years was it kept?
  3. 3.Dev keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Dev get in 1 year?
  4. 4.₹4000 earns ₹800 simple interest in 2 years. What is the rate of interest per year, in percent?
  5. 5.₹2500 earns ₹500 simple interest in 4 years. What is the rate of interest per year, in percent?
  6. 6.Sara keeps ₹2000 in a bank at 9% simple interest a year. How many rupees of interest does Sara get in 5 years?
  7. 7.Dev keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  8. 8.Meera keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  9. 9.Ishaan keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  10. 10.₹1000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  11. 11.Dev keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 2 years?
  12. 12.₹500 earns ₹200 simple interest in 4 years. What is the rate of interest per year, in percent?
  13. 13.Diya keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 3 years?
  14. 14.₹1500 earns ₹300 simple interest at 4% a year. For how many years was it kept?
  15. 15.Anaya keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  16. 16.₹3000 earns ₹360 simple interest at 3% a year. For how many years was it kept?
  17. 17.Meera keeps ₹2500 in a bank at 6% simple interest a year. How many rupees of interest does Meera get in 2 years?
  18. 18.₹1500 earns ₹225 simple interest in 3 years. What is the rate of interest per year, in percent?
  19. 19.₹500 earns ₹50 simple interest at 10% a year. For how many years was it kept?
  20. 20.₹1000 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  21. 21.Ishaan keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  22. 22.Sara keeps ₹1000 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  23. 23.Kabir keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  24. 24.Anaya keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  25. 25.Isha keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Isha get in 1 year?
  26. 26.₹500 earns ₹300 simple interest at 12% a year. For how many years was it kept?
  27. 27.₹5000 earns ₹1750 simple interest at 7% a year. For how many years was it kept?
  28. 28.Aarav keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  29. 29.₹2000 earns ₹120 simple interest at 2% a year. For how many years was it kept?
  30. 30.Meera keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 4 years?
  31. 31.₹3000 earns ₹270 simple interest at 3% a year. For how many years was it kept?
  32. 32.Aarav keeps ₹2000 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  33. 33.Dev keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  34. 34.Dev keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  35. 35.Ishaan keeps ₹2000 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  36. 36.₹4000 earns ₹2200 simple interest at 11% a year. For how many years was it kept?
  37. 37.₹4000 earns ₹2000 simple interest in 5 years. What is the rate of interest per year, in percent?
  38. 38.₹500 earns ₹30 simple interest in 2 years. What is the rate of interest per year, in percent?
  39. 39.₹1000 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  40. 40.Riya keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?

Answer key

  1. 3
  2. 1
  3. 75
  4. 10
  5. 5
  6. 900
  7. 515
  8. 2600
  9. 300
  10. 6
  11. 480
  12. 10
  13. 990
  14. 5
  15. 1500
  16. 4
  17. 300
  18. 5
  19. 1
  20. 6
  21. 200
  22. 1330
  23. 4640
  24. 120
  25. 30
  26. 5
  27. 5
  28. 2100
  29. 3
  30. 1440
  31. 3
  32. 2800
  33. 3270
  34. 625
  35. 2220
  36. 5
  37. 10
  38. 3
  39. 5
  40. 530

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