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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 840 · 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.Aarav keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  2. 2.₹3000 earns ₹270 simple interest in 1 year. What is the rate of interest per year, in percent?
  3. 3.Rohan keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  4. 4.₹5000 earns ₹1050 simple interest in 3 years. What is the rate of interest per year, in percent?
  5. 5.₹2500 earns ₹1375 simple interest in 5 years. What is the rate of interest per year, in percent?
  6. 6.Dev keeps ₹2500 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  7. 7.Aarav keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  8. 8.Rohan keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  9. 9.₹5000 earns ₹2000 simple interest at 10% a year. For how many years was it kept?
  10. 10.₹500 earns ₹30 simple interest in 3 years. What is the rate of interest per year, in percent?
  11. 11.Diya keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Diya get in 5 years?
  12. 12.Aarav keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  13. 13.₹2500 earns ₹600 simple interest in 2 years. What is the rate of interest per year, in percent?
  14. 14.₹2500 earns ₹600 simple interest at 12% a year. For how many years was it kept?
  15. 15.₹500 earns ₹80 simple interest at 8% a year. For how many years was it kept?
  16. 16.Riya keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 2 years?
  17. 17.₹2500 earns ₹675 simple interest in 3 years. What is the rate of interest per year, in percent?
  18. 18.₹5000 earns ₹350 simple interest at 7% a year. For how many years was it kept?
  19. 19.Arjun keeps ₹3000 in a bank at 7% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  20. 20.₹500 earns ₹45 simple interest at 3% a year. For how many years was it kept?
  21. 21.₹5000 earns ₹400 simple interest at 4% a year. For how many years was it kept?
  22. 22.₹500 earns ₹180 simple interest in 4 years. What is the rate of interest per year, in percent?
  23. 23.₹1000 earns ₹250 simple interest in 5 years. What is the rate of interest per year, in percent?
  24. 24.₹5000 earns ₹2250 simple interest at 9% a year. For how many years was it kept?
  25. 25.Sara keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Sara get in 4 years?
  26. 26.₹2000 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  27. 27.₹4000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  28. 28.Diya keeps ₹2500 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  29. 29.₹500 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  30. 30.₹5000 earns ₹1800 simple interest in 3 years. What is the rate of interest per year, in percent?
  31. 31.₹1000 earns ₹280 simple interest at 7% a year. For how many years was it kept?
  32. 32.₹1000 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  33. 33.₹3000 earns ₹600 simple interest in 4 years. What is the rate of interest per year, in percent?
  34. 34.₹3000 earns ₹480 simple interest at 8% a year. For how many years was it kept?
  35. 35.₹3000 earns ₹900 simple interest at 6% a year. For how many years was it kept?
  36. 36.₹1500 earns ₹600 simple interest in 4 years. What is the rate of interest per year, in percent?
  37. 37.Meera keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  38. 38.Dev keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  39. 39.₹1500 earns ₹360 simple interest in 4 years. What is the rate of interest per year, in percent?
  40. 40.Dev keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Dev get in 2 years?

Answer key

  1. 300
  2. 9
  3. 1635
  4. 7
  5. 11
  6. 2750
  7. 560
  8. 240
  9. 4
  10. 2
  11. 1250
  12. 1440
  13. 12
  14. 2
  15. 2
  16. 640
  17. 9
  18. 1
  19. 210
  20. 3
  21. 2
  22. 9
  23. 5
  24. 5
  25. 1920
  26. 3
  27. 3
  28. 2625
  29. 4
  30. 12
  31. 4
  32. 2
  33. 5
  34. 2
  35. 5
  36. 10
  37. 2480
  38. 720
  39. 6
  40. 600

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