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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 863 · 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.₹5000 earns ₹2750 simple interest at 11% a year. For how many years was it kept?
  2. 2.Sara keeps ₹5000 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  3. 3.Riya keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 2 years?
  4. 4.₹4000 earns ₹240 simple interest at 3% a year. For how many years was it kept?
  5. 5.₹2000 earns ₹440 simple interest in 2 years. What is the rate of interest per year, in percent?
  6. 6.Sara keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 5 years?
  7. 7.Anaya keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  8. 8.₹1500 earns ₹360 simple interest at 8% a year. For how many years was it kept?
  9. 9.Ishaan keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  10. 10.Diya keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  11. 11.₹500 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  12. 12.₹4000 earns ₹1600 simple interest in 5 years. What is the rate of interest per year, in percent?
  13. 13.Meera keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Meera get in 1 year?
  14. 14.₹500 earns ₹40 simple interest in 4 years. What is the rate of interest per year, in percent?
  15. 15.₹2000 earns ₹540 simple interest at 9% a year. For how many years was it kept?
  16. 16.Arjun keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  17. 17.Riya keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 1 year?
  18. 18.₹1000 earns ₹60 simple interest at 2% a year. For how many years was it kept?
  19. 19.₹3000 earns ₹150 simple interest at 5% a year. For how many years was it kept?
  20. 20.₹4000 earns ₹480 simple interest at 4% a year. For how many years was it kept?
  21. 21.₹5000 earns ₹750 simple interest in 5 years. What is the rate of interest per year, in percent?
  22. 22.₹5000 earns ₹1200 simple interest at 12% a year. For how many years was it kept?
  23. 23.₹5000 earns ₹400 simple interest at 4% a year. For how many years was it kept?
  24. 24.₹500 earns ₹200 simple interest at 10% a year. For how many years was it kept?
  25. 25.₹500 earns ₹30 simple interest in 3 years. What is the rate of interest per year, in percent?
  26. 26.Kabir keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  27. 27.₹1000 earns ₹60 simple interest in 2 years. What is the rate of interest per year, in percent?
  28. 28.₹5000 earns ₹450 simple interest at 3% a year. For how many years was it kept?
  29. 29.Kabir keeps ₹1500 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  30. 30.Rohan keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  31. 31.₹5000 earns ₹300 simple interest at 2% a year. For how many years was it kept?
  32. 32.₹4000 earns ₹880 simple interest in 2 years. What is the rate of interest per year, in percent?
  33. 33.₹3000 earns ₹90 simple interest at 3% a year. For how many years was it kept?
  34. 34.Rohan keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  35. 35.Isha keeps ₹2500 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  36. 36.Rohan keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  37. 37.Sara keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 2 years?
  38. 38.Aarav keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  39. 39.₹2000 earns ₹80 simple interest at 2% a year. For how many years was it kept?
  40. 40.₹2500 earns ₹250 simple interest in 5 years. What is the rate of interest per year, in percent?

Answer key

  1. 5
  2. 7000
  3. 30
  4. 2
  5. 11
  6. 450
  7. 4160
  8. 3
  9. 180
  10. 1160
  11. 12
  12. 8
  13. 90
  14. 2
  15. 3
  16. 960
  17. 225
  18. 3
  19. 1
  20. 3
  21. 3
  22. 2
  23. 2
  24. 4
  25. 2
  26. 540
  27. 3
  28. 3
  29. 1650
  30. 100
  31. 3
  32. 11
  33. 1
  34. 100
  35. 3000
  36. 480
  37. 80
  38. 125
  39. 2
  40. 2

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