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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 861 · 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.₹500 earns ₹60 simple interest at 12% a year. For how many years was it kept?
  2. 2.Ishaan keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  3. 3.Diya keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Diya get in 1 year?
  4. 4.₹2000 earns ₹400 simple interest at 10% a year. For how many years was it kept?
  5. 5.Arjun keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  6. 6.Arjun keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  7. 7.Rohan keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  8. 8.Anaya keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  9. 9.Aarav keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  10. 10.₹1000 earns ₹40 simple interest in 2 years. What is the rate of interest per year, in percent?
  11. 11.Aarav keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  12. 12.₹1500 earns ₹270 simple interest in 3 years. What is the rate of interest per year, in percent?
  13. 13.₹5000 earns ₹600 simple interest at 4% a year. For how many years was it kept?
  14. 14.Ishaan keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  15. 15.₹1000 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  16. 16.₹2500 earns ₹400 simple interest at 8% a year. For how many years was it kept?
  17. 17.Aarav keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  18. 18.Riya keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  19. 19.Aarav keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  20. 20.Kabir keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  21. 21.Anaya keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  22. 22.Riya keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  23. 23.Aarav keeps ₹3000 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  24. 24.₹1000 earns ₹100 simple interest at 2% a year. For how many years was it kept?
  25. 25.Rohan keeps ₹2000 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  26. 26.₹500 earns ₹55 simple interest at 11% a year. For how many years was it kept?
  27. 27.₹500 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  28. 28.Arjun keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  29. 29.₹4000 earns ₹640 simple interest at 4% a year. For how many years was it kept?
  30. 30.₹5000 earns ₹500 simple interest at 10% a year. For how many years was it kept?
  31. 31.₹1000 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  32. 32.₹500 earns ₹80 simple interest at 8% a year. For how many years was it kept?
  33. 33.Diya keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Diya get in 5 years?
  34. 34.₹4000 earns ₹1320 simple interest in 3 years. What is the rate of interest per year, in percent?
  35. 35.Meera keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 2 years?
  36. 36.₹3000 earns ₹1320 simple interest in 4 years. What is the rate of interest per year, in percent?
  37. 37.Rohan keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  38. 38.₹500 earns ₹50 simple interest at 5% a year. For how many years was it kept?
  39. 39.₹1000 earns ₹320 simple interest in 4 years. What is the rate of interest per year, in percent?
  40. 40.₹5000 earns ₹250 simple interest at 5% a year. For how many years was it kept?

Answer key

  1. 1
  2. 600
  3. 100
  4. 2
  5. 165
  6. 1250
  7. 720
  8. 675
  9. 150
  10. 2
  11. 1280
  12. 6
  13. 3
  14. 3090
  15. 6
  16. 2
  17. 100
  18. 680
  19. 160
  20. 200
  21. 2600
  22. 5400
  23. 150
  24. 5
  25. 2800
  26. 1
  27. 12
  28. 2360
  29. 4
  30. 1
  31. 6
  32. 2
  33. 250
  34. 11
  35. 360
  36. 11
  37. 50
  38. 2
  39. 8
  40. 1

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