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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 857 · 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.Ishaan keeps ₹4000 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  2. 2.Meera keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Meera get in 1 year?
  3. 3.Meera keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 3 years?
  4. 4.₹1000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  5. 5.Meera keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Meera get in 1 year?
  6. 6.₹5000 earns ₹1250 simple interest in 5 years. What is the rate of interest per year, in percent?
  7. 7.Dev keeps ₹500 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  8. 8.₹1500 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  9. 9.Riya keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  10. 10.₹4000 earns ₹360 simple interest in 1 year. What is the rate of interest per year, in percent?
  11. 11.₹1000 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  12. 12.Diya keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  13. 13.Sara keeps ₹1500 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  14. 14.₹2000 earns ₹480 simple interest at 12% a year. For how many years was it kept?
  15. 15.₹2500 earns ₹250 simple interest in 5 years. What is the rate of interest per year, in percent?
  16. 16.₹1500 earns ₹660 simple interest in 4 years. What is the rate of interest per year, in percent?
  17. 17.₹3000 earns ₹720 simple interest at 12% a year. For how many years was it kept?
  18. 18.Meera keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 4 years?
  19. 19.Meera keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Meera get in 2 years?
  20. 20.₹4000 earns ₹1120 simple interest in 4 years. What is the rate of interest per year, in percent?
  21. 21.Rohan keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  22. 22.₹1000 earns ₹60 simple interest at 3% a year. For how many years was it kept?
  23. 23.₹2500 earns ₹400 simple interest in 4 years. What is the rate of interest per year, in percent?
  24. 24.Rohan keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  25. 25.Arjun keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  26. 26.Dev keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 4 years?
  27. 27.Anaya keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  28. 28.Dev keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Dev get in 5 years?
  29. 29.₹500 earns ₹60 simple interest at 6% a year. For how many years was it kept?
  30. 30.₹1000 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
  31. 31.Ishaan keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  32. 32.Meera keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Meera get in 5 years?
  33. 33.Aarav keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  34. 34.Meera keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  35. 35.₹1000 earns ₹200 simple interest at 10% a year. For how many years was it kept?
  36. 36.Meera keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 1 year?
  37. 37.Kabir keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  38. 38.₹2500 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  39. 39.Anaya keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  40. 40.₹3000 earns ₹90 simple interest in 1 year. What is the rate of interest per year, in percent?

Answer key

  1. 4640
  2. 55
  3. 480
  4. 12
  5. 300
  6. 5
  7. 650
  8. 8
  9. 5750
  10. 9
  11. 10
  12. 1980
  13. 1650
  14. 2
  15. 2
  16. 11
  17. 2
  18. 640
  19. 660
  20. 7
  21. 960
  22. 2
  23. 4
  24. 225
  25. 1090
  26. 1120
  27. 450
  28. 825
  29. 2
  30. 3
  31. 4120
  32. 1500
  33. 1080
  34. 600
  35. 2
  36. 140
  37. 120
  38. 4
  39. 275
  40. 3

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