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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 834 · 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.Rohan keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  2. 2.Ishaan keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  3. 3.₹1000 earns ₹280 simple interest in 4 years. What is the rate of interest per year, in percent?
  4. 4.Kabir keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  5. 5.₹500 earns ₹120 simple interest in 3 years. What is the rate of interest per year, in percent?
  6. 6.₹1500 earns ₹420 simple interest in 4 years. What is the rate of interest per year, in percent?
  7. 7.₹4000 earns ₹600 simple interest in 3 years. What is the rate of interest per year, in percent?
  8. 8.₹1500 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  9. 9.Sara keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  10. 10.₹2500 earns ₹825 simple interest at 11% a year. For how many years was it kept?
  11. 11.₹4000 earns ₹640 simple interest at 8% a year. For how many years was it kept?
  12. 12.₹1000 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  13. 13.Aarav keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  14. 14.₹1500 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  15. 15.₹2000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  16. 16.₹3000 earns ₹240 simple interest in 4 years. What is the rate of interest per year, in percent?
  17. 17.₹2500 earns ₹600 simple interest in 4 years. What is the rate of interest per year, in percent?
  18. 18.Sara keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Sara get in 2 years?
  19. 19.₹1000 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  20. 20.Kabir keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  21. 21.Ishaan keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  22. 22.₹1500 earns ₹600 simple interest at 8% a year. For how many years was it kept?
  23. 23.₹3000 earns ₹540 simple interest at 6% a year. For how many years was it kept?
  24. 24.Meera keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 4 years?
  25. 25.Meera keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  26. 26.₹3000 earns ₹420 simple interest in 2 years. What is the rate of interest per year, in percent?
  27. 27.Arjun keeps ₹5000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  28. 28.₹2500 earns ₹50 simple interest at 2% a year. For how many years was it kept?
  29. 29.₹500 earns ₹60 simple interest in 4 years. What is the rate of interest per year, in percent?
  30. 30.₹1000 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  31. 31.Ishaan keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  32. 32.Ishaan keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  33. 33.Riya keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 1 year?
  34. 34.Diya keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Diya get in 3 years?
  35. 35.₹2500 earns ₹225 simple interest at 9% a year. For how many years was it kept?
  36. 36.₹1000 earns ₹80 simple interest at 2% a year. For how many years was it kept?
  37. 37.Rohan keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  38. 38.Meera keeps ₹2000 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 4 years?
  39. 39.₹3000 earns ₹330 simple interest in 1 year. What is the rate of interest per year, in percent?
  40. 40.₹3000 earns ₹480 simple interest at 8% a year. For how many years was it kept?

Answer key

  1. 180
  2. 560
  3. 7
  4. 570
  5. 8
  6. 7
  7. 5
  8. 4
  9. 4600
  10. 3
  11. 2
  12. 2
  13. 960
  14. 10
  15. 6
  16. 2
  17. 6
  18. 900
  19. 4
  20. 60
  21. 160
  22. 5
  23. 3
  24. 160
  25. 1770
  26. 7
  27. 6100
  28. 1
  29. 3
  30. 5
  31. 180
  32. 1530
  33. 30
  34. 240
  35. 1
  36. 4
  37. 3240
  38. 720
  39. 11
  40. 2

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