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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 855 · 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.₹1000 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  2. 2.Dev keeps ₹1500 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  3. 3.Diya keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Diya get in 5 years?
  4. 4.Anaya keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  5. 5.Kabir keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  6. 6.Meera keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 4 years?
  7. 7.Isha keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Isha get in 2 years?
  8. 8.Kabir keeps ₹2000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  9. 9.Aarav keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  10. 10.Rohan keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  11. 11.Ishaan keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  12. 12.Rohan keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  13. 13.Arjun keeps ₹5000 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  14. 14.Arjun keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  15. 15.Meera keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Meera get in 5 years?
  16. 16.Sara keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 1 year?
  17. 17.Ishaan keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  18. 18.₹2000 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  19. 19.Ishaan keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  20. 20.Riya keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  21. 21.₹5000 earns ₹200 simple interest at 2% a year. For how many years was it kept?
  22. 22.₹1000 earns ₹40 simple interest in 2 years. What is the rate of interest per year, in percent?
  23. 23.Aarav keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  24. 24.₹2000 earns ₹720 simple interest at 12% a year. For how many years was it kept?
  25. 25.Aarav keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  26. 26.Kabir keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  27. 27.Rohan keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  28. 28.₹500 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
  29. 29.₹4000 earns ₹1600 simple interest at 8% a year. For how many years was it kept?
  30. 30.₹1500 earns ₹180 simple interest in 4 years. What is the rate of interest per year, in percent?
  31. 31.Diya keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Diya get in 5 years?
  32. 32.₹1000 earns ₹450 simple interest at 9% a year. For how many years was it kept?
  33. 33.₹4000 earns ₹360 simple interest in 1 year. What is the rate of interest per year, in percent?
  34. 34.Dev keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 2 years?
  35. 35.₹4000 earns ₹280 simple interest in 1 year. What is the rate of interest per year, in percent?
  36. 36.Diya keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Diya get in 3 years?
  37. 37.Meera keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 1 year?
  38. 38.₹1000 earns ₹240 simple interest at 6% a year. For how many years was it kept?
  39. 39.Kabir keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  40. 40.Meera keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Meera get in 1 year?

Answer key

  1. 2
  2. 1650
  3. 300
  4. 60
  5. 1080
  6. 1600
  7. 280
  8. 2120
  9. 525
  10. 4240
  11. 250
  12. 100
  13. 5550
  14. 500
  15. 450
  16. 120
  17. 540
  18. 1
  19. 3240
  20. 1060
  21. 2
  22. 2
  23. 3540
  24. 3
  25. 720
  26. 3900
  27. 180
  28. 6
  29. 5
  30. 3
  31. 100
  32. 5
  33. 9
  34. 280
  35. 7
  36. 900
  37. 105
  38. 4
  39. 210
  40. 15

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