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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 847 · 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.Kabir keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  2. 2.Diya keeps ₹500 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  3. 3.₹1000 earns ₹400 simple interest in 4 years. What is the rate of interest per year, in percent?
  4. 4.₹2500 earns ₹1200 simple interest at 12% a year. For how many years was it kept?
  5. 5.₹5000 earns ₹400 simple interest in 4 years. What is the rate of interest per year, in percent?
  6. 6.Arjun keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  7. 7.₹5000 earns ₹1400 simple interest at 7% a year. For how many years was it kept?
  8. 8.₹1000 earns ₹20 simple interest in 1 year. What is the rate of interest per year, in percent?
  9. 9.Rohan keeps ₹3000 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  10. 10.₹5000 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  11. 11.Meera keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 2 years?
  12. 12.₹1500 earns ₹150 simple interest at 10% a year. For how many years was it kept?
  13. 13.₹1000 earns ₹440 simple interest in 4 years. What is the rate of interest per year, in percent?
  14. 14.Meera keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 2 years?
  15. 15.Meera keeps ₹1500 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  16. 16.Diya keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Diya get in 2 years?
  17. 17.₹1500 earns ₹450 simple interest at 6% a year. For how many years was it kept?
  18. 18.₹2000 earns ₹480 simple interest at 6% a year. For how many years was it kept?
  19. 19.Kabir keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  20. 20.Arjun keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  21. 21.Sara keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  22. 22.₹500 earns ₹75 simple interest at 3% a year. For how many years was it kept?
  23. 23.₹1000 earns ₹160 simple interest at 4% a year. For how many years was it kept?
  24. 24.₹2000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  25. 25.₹4000 earns ₹720 simple interest at 9% a year. For how many years was it kept?
  26. 26.₹2000 earns ₹880 simple interest at 11% a year. For how many years was it kept?
  27. 27.₹2500 earns ₹200 simple interest in 4 years. What is the rate of interest per year, in percent?
  28. 28.Rohan keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  29. 29.Isha keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 5 years?
  30. 30.Diya keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 3 years?
  31. 31.₹1500 earns ₹540 simple interest in 3 years. What is the rate of interest per year, in percent?
  32. 32.₹1500 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
  33. 33.₹1000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  34. 34.Isha keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Isha get in 5 years?
  35. 35.₹4000 earns ₹480 simple interest in 3 years. What is the rate of interest per year, in percent?
  36. 36.Ishaan keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  37. 37.₹3000 earns ₹600 simple interest in 4 years. What is the rate of interest per year, in percent?
  38. 38.₹500 earns ₹60 simple interest at 6% a year. For how many years was it kept?
  39. 39.Isha keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Isha get in 4 years?
  40. 40.₹1000 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?

Answer key

  1. 150
  2. 590
  3. 10
  4. 4
  5. 2
  6. 560
  7. 4
  8. 2
  9. 4080
  10. 1
  11. 100
  12. 1
  13. 11
  14. 300
  15. 1605
  16. 480
  17. 5
  18. 4
  19. 180
  20. 2040
  21. 1090
  22. 5
  23. 4
  24. 6
  25. 2
  26. 4
  27. 2
  28. 120
  29. 625
  30. 360
  31. 12
  32. 2
  33. 6
  34. 500
  35. 4
  36. 200
  37. 5
  38. 2
  39. 160
  40. 6

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