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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 826 · 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 ₹840 simple interest at 7% a year. For how many years was it kept?
  2. 2.₹1000 earns ₹150 simple interest at 5% a year. For how many years was it kept?
  3. 3.₹1000 earns ₹50 simple interest at 5% a year. For how many years was it kept?
  4. 4.Arjun keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  5. 5.Aarav keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  6. 6.Meera keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Meera get in 5 years?
  7. 7.₹3000 earns ₹630 simple interest at 7% a year. For how many years was it kept?
  8. 8.Riya keeps ₹1500 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  9. 9.₹5000 earns ₹1050 simple interest at 7% a year. For how many years was it kept?
  10. 10.Anaya keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  11. 11.₹1000 earns ₹300 simple interest at 6% a year. For how many years was it kept?
  12. 12.Diya keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 2 years?
  13. 13.Rohan keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  14. 14.Meera keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Meera get in 5 years?
  15. 15.₹3000 earns ₹480 simple interest in 2 years. What is the rate of interest per year, in percent?
  16. 16.₹1500 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  17. 17.Dev keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 2 years?
  18. 18.₹4000 earns ₹800 simple interest at 5% a year. For how many years was it kept?
  19. 19.Arjun keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  20. 20.Rohan keeps ₹4000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  21. 21.₹1000 earns ₹80 simple interest at 8% a year. For how many years was it kept?
  22. 22.Ishaan keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  23. 23.₹3000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  24. 24.Dev keeps ₹2000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  25. 25.Arjun keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  26. 26.₹2500 earns ₹525 simple interest at 7% a year. For how many years was it kept?
  27. 27.Riya keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  28. 28.₹2000 earns ₹480 simple interest at 12% a year. For how many years was it kept?
  29. 29.Rohan keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  30. 30.₹5000 earns ₹2250 simple interest at 9% a year. For how many years was it kept?
  31. 31.Ishaan keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  32. 32.Anaya keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  33. 33.Anaya keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  34. 34.Ishaan keeps ₹2000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  35. 35.Isha keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Isha get in 2 years?
  36. 36.Diya keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  37. 37.₹1500 earns ₹180 simple interest at 3% a year. For how many years was it kept?
  38. 38.Anaya keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  39. 39.₹3000 earns ₹240 simple interest at 8% a year. For how many years was it kept?
  40. 40.Aarav keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 1 year?

Answer key

  1. 3
  2. 3
  3. 1
  4. 1020
  5. 80
  6. 450
  7. 3
  8. 1725
  9. 3
  10. 240
  11. 5
  12. 90
  13. 960
  14. 825
  15. 8
  16. 4
  17. 280
  18. 4
  19. 360
  20. 4320
  21. 1
  22. 60
  23. 4
  24. 2240
  25. 500
  26. 3
  27. 4640
  28. 2
  29. 600
  30. 5
  31. 450
  32. 80
  33. 4840
  34. 2160
  35. 300
  36. 3660
  37. 4
  38. 330
  39. 1
  40. 180

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