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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 829 · 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.Dev keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Dev get in 3 years?
  2. 2.₹500 earns ₹110 simple interest in 2 years. What is the rate of interest per year, in percent?
  3. 3.₹4000 earns ₹960 simple interest at 6% a year. For how many years was it kept?
  4. 4.Ishaan keeps ₹2000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  5. 5.Meera keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  6. 6.Diya keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 3 years?
  7. 7.₹3000 earns ₹240 simple interest in 1 year. What is the rate of interest per year, in percent?
  8. 8.Kabir keeps ₹500 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  9. 9.₹1000 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  10. 10.Sara keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  11. 11.₹500 earns ₹20 simple interest at 2% a year. For how many years was it kept?
  12. 12.₹500 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  13. 13.Anaya keeps ₹2000 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  14. 14.₹500 earns ₹45 simple interest in 1 year. What is the rate of interest per year, in percent?
  15. 15.₹3000 earns ₹1050 simple interest in 5 years. What is the rate of interest per year, in percent?
  16. 16.₹2000 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  17. 17.₹2000 earns ₹540 simple interest at 9% a year. For how many years was it kept?
  18. 18.₹500 earns ₹35 simple interest in 1 year. What is the rate of interest per year, in percent?
  19. 19.₹2500 earns ₹250 simple interest in 2 years. What is the rate of interest per year, in percent?
  20. 20.₹2000 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  21. 21.₹1000 earns ₹180 simple interest in 2 years. What is the rate of interest per year, in percent?
  22. 22.₹1500 earns ₹180 simple interest at 12% 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.₹1000 earns ₹90 simple interest in 1 year. What is the rate of interest per year, in percent?
  25. 25.Anaya keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  26. 26.₹1000 earns ₹40 simple interest at 4% a year. For how many years was it kept?
  27. 27.₹4000 earns ₹640 simple interest in 2 years. What is the rate of interest per year, in percent?
  28. 28.Dev keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  29. 29.₹2500 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  30. 30.Arjun keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  31. 31.₹5000 earns ₹900 simple interest in 2 years. What is the rate of interest per year, in percent?
  32. 32.Aarav keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  33. 33.Ishaan keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  34. 34.Aarav keeps ₹3000 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  35. 35.₹2000 earns ₹200 simple interest in 1 year. What is the rate of interest per year, in percent?
  36. 36.₹5000 earns ₹400 simple interest in 1 year. What is the rate of interest per year, in percent?
  37. 37.Ishaan keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  38. 38.₹1500 earns ₹150 simple interest in 2 years. What is the rate of interest per year, in percent?
  39. 39.₹500 earns ₹50 simple interest in 5 years. What is the rate of interest per year, in percent?
  40. 40.₹2500 earns ₹700 simple interest at 7% a year. For how many years was it kept?

Answer key

  1. 330
  2. 11
  3. 4
  4. 2160
  5. 3100
  6. 90
  7. 8
  8. 530
  9. 5
  10. 580
  11. 2
  12. 12
  13. 2600
  14. 9
  15. 7
  16. 3
  17. 3
  18. 7
  19. 5
  20. 5
  21. 9
  22. 1
  23. 40
  24. 9
  25. 2120
  26. 1
  27. 8
  28. 580
  29. 4
  30. 3540
  31. 9
  32. 2650
  33. 60
  34. 3750
  35. 10
  36. 8
  37. 500
  38. 5
  39. 2
  40. 4

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