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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 873 · 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.Sara keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 3 years?
  2. 2.Kabir keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  3. 3.Meera keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  4. 4.Anaya keeps ₹2000 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  5. 5.₹500 earns ₹200 simple interest at 10% a year. For how many years was it kept?
  6. 6.₹3000 earns ₹1080 simple interest in 4 years. What is the rate of interest per year, in percent?
  7. 7.₹4000 earns ₹600 simple interest at 3% a year. For how many years was it kept?
  8. 8.₹500 earns ₹10 simple interest in 1 year. What is the rate of interest per year, in percent?
  9. 9.₹3000 earns ₹720 simple interest in 2 years. What is the rate of interest per year, in percent?
  10. 10.Meera keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 1 year?
  11. 11.Meera keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  12. 12.Rohan keeps ₹3000 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  13. 13.Arjun keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  14. 14.Meera keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  15. 15.₹1500 earns ₹525 simple interest at 7% a year. For how many years was it kept?
  16. 16.Diya keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Diya get in 1 year?
  17. 17.₹1000 earns ₹110 simple interest in 1 year. What is the rate of interest per year, in percent?
  18. 18.₹3000 earns ₹1200 simple interest at 8% a year. For how many years was it kept?
  19. 19.Rohan keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  20. 20.Rohan keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  21. 21.₹2000 earns ₹200 simple interest at 2% a year. For how many years was it kept?
  22. 22.Arjun keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  23. 23.Arjun keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  24. 24.Riya keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 3 years?
  25. 25.₹4000 earns ₹1200 simple interest at 10% a year. For how many years was it kept?
  26. 26.Riya keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 2 years?
  27. 27.Diya keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 1 year?
  28. 28.Kabir keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  29. 29.Rohan keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  30. 30.₹2500 earns ₹375 simple interest in 5 years. What is the rate of interest per year, in percent?
  31. 31.₹4000 earns ₹320 simple interest in 2 years. What is the rate of interest per year, in percent?
  32. 32.₹1500 earns ₹300 simple interest at 4% a year. For how many years was it kept?
  33. 33.Isha keeps ₹500 in a bank at 7% simple interest a year. How many rupees of interest does Isha get in 1 year?
  34. 34.Kabir keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  35. 35.₹4000 earns ₹800 simple interest in 4 years. What is the rate of interest per year, in percent?
  36. 36.₹1000 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  37. 37.₹500 earns ₹50 simple interest at 5% a year. For how many years was it kept?
  38. 38.₹2000 earns ₹480 simple interest in 3 years. What is the rate of interest per year, in percent?
  39. 39.₹1000 earns ₹200 simple interest at 5% a year. For how many years was it kept?
  40. 40.₹500 earns ₹80 simple interest in 2 years. What is the rate of interest per year, in percent?

Answer key

  1. 300
  2. 2950
  3. 1500
  4. 2700
  5. 4
  6. 9
  7. 5
  8. 2
  9. 12
  10. 30
  11. 1240
  12. 3750
  13. 8000
  14. 6800
  15. 5
  16. 240
  17. 11
  18. 5
  19. 160
  20. 30
  21. 5
  22. 500
  23. 150
  24. 480
  25. 3
  26. 150
  27. 15
  28. 1100
  29. 1320
  30. 3
  31. 4
  32. 5
  33. 35
  34. 180
  35. 5
  36. 2
  37. 2
  38. 8
  39. 4
  40. 8

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