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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 869 · 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.₹3000 earns ₹1080 simple interest at 12% a year. For how many years was it kept?
  2. 2.Riya keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  3. 3.₹2000 earns ₹900 simple interest at 9% a year. For how many years was it kept?
  4. 4.₹2000 earns ₹200 simple interest in 5 years. What is the rate of interest per year, in percent?
  5. 5.Arjun keeps ₹5000 in a bank at 11% simple interest a year. What is the total amount after 4 years, in rupees?
  6. 6.Meera keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Meera get in 3 years?
  7. 7.₹5000 earns ₹1050 simple interest at 7% a year. For how many years was it kept?
  8. 8.Kabir keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  9. 9.₹500 earns ₹165 simple interest at 11% a year. For how many years was it kept?
  10. 10.₹2500 earns ₹350 simple interest in 2 years. What is the rate of interest per year, in percent?
  11. 11.Meera keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  12. 12.Anaya keeps ₹2500 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  13. 13.₹5000 earns ₹250 simple interest at 5% a year. For how many years was it kept?
  14. 14.Kabir keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  15. 15.₹1000 earns ₹110 simple interest at 11% a year. For how many years was it kept?
  16. 16.Dev keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Dev get in 4 years?
  17. 17.₹1500 earns ₹225 simple interest in 3 years. What is the rate of interest per year, in percent?
  18. 18.Kabir keeps ₹3000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  19. 19.Riya keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  20. 20.₹1000 earns ₹350 simple interest in 5 years. What is the rate of interest per year, in percent?
  21. 21.Anaya keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  22. 22.₹2000 earns ₹800 simple interest in 4 years. What is the rate of interest per year, in percent?
  23. 23.₹2500 earns ₹900 simple interest at 9% a year. For how many years was it kept?
  24. 24.Riya keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 1 year?
  25. 25.₹1500 earns ₹180 simple interest in 2 years. What is the rate of interest per year, in percent?
  26. 26.Anaya keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  27. 27.Diya keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 2 years?
  28. 28.Sara keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  29. 29.₹500 earns ₹80 simple interest in 4 years. What is the rate of interest per year, in percent?
  30. 30.₹500 earns ₹50 simple interest at 2% a year. For how many years was it kept?
  31. 31.₹5000 earns ₹1350 simple interest in 3 years. What is the rate of interest per year, in percent?
  32. 32.₹1000 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  33. 33.₹500 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  34. 34.Anaya keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  35. 35.₹1500 earns ₹360 simple interest in 2 years. What is the rate of interest per year, in percent?
  36. 36.₹500 earns ₹120 simple interest in 3 years. What is the rate of interest per year, in percent?
  37. 37.Ishaan keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  38. 38.₹2000 earns ₹720 simple interest at 9% a year. For how many years was it kept?
  39. 39.Meera keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  40. 40.₹500 earns ₹50 simple interest in 5 years. What is the rate of interest per year, in percent?

Answer key

  1. 3
  2. 635
  3. 5
  4. 2
  5. 7200
  6. 1320
  7. 3
  8. 1000
  9. 3
  10. 7
  11. 1060
  12. 3000
  13. 1
  14. 300
  15. 1
  16. 540
  17. 5
  18. 3600
  19. 2900
  20. 7
  21. 90
  22. 10
  23. 4
  24. 40
  25. 6
  26. 3090
  27. 150
  28. 3090
  29. 4
  30. 5
  31. 9
  32. 6
  33. 10
  34. 1590
  35. 12
  36. 8
  37. 6200
  38. 4
  39. 1560
  40. 2

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