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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 885 · 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.₹2000 earns ₹240 simple interest at 4% a year. For how many years was it kept?
  2. 2.Meera keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 1 year?
  3. 3.Rohan keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  4. 4.Aarav keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  5. 5.₹4000 earns ₹2200 simple interest at 11% a year. For how many years was it kept?
  6. 6.Sara keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 3 years?
  7. 7.₹2000 earns ₹480 simple interest at 6% a year. For how many years was it kept?
  8. 8.Ishaan keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  9. 9.₹2500 earns ₹125 simple interest in 1 year. What is the rate of interest per year, in percent?
  10. 10.₹500 earns ₹60 simple interest at 3% a year. For how many years was it kept?
  11. 11.Isha keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Isha get in 4 years?
  12. 12.Diya keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  13. 13.₹3000 earns ₹720 simple interest at 6% a year. For how many years was it kept?
  14. 14.₹2000 earns ₹180 simple interest in 1 year. What is the rate of interest per year, in percent?
  15. 15.Sara keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 5 years?
  16. 16.Rohan keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  17. 17.Aarav keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  18. 18.₹2000 earns ₹120 simple interest in 3 years. What is the rate of interest per year, in percent?
  19. 19.₹1500 earns ₹660 simple interest at 11% a year. For how many years was it kept?
  20. 20.Dev keeps ₹2000 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  21. 21.Dev keeps ₹4000 in a bank at 11% simple interest a year. How many rupees of interest does Dev get in 1 year?
  22. 22.₹2000 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  23. 23.₹500 earns ₹100 simple interest at 5% a year. For how many years was it kept?
  24. 24.₹2000 earns ₹660 simple interest at 11% a year. For how many years was it kept?
  25. 25.Aarav keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  26. 26.Aarav keeps ₹5000 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  27. 27.₹5000 earns ₹2750 simple interest at 11% a year. For how many years was it kept?
  28. 28.Ishaan keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  29. 29.₹5000 earns ₹2500 simple interest in 5 years. What is the rate of interest per year, in percent?
  30. 30.Kabir keeps ₹1500 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  31. 31.Anaya keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  32. 32.Sara keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Sara get in 4 years?
  33. 33.₹5000 earns ₹1400 simple interest in 4 years. What is the rate of interest per year, in percent?
  34. 34.₹2500 earns ₹200 simple interest in 1 year. What is the rate of interest per year, in percent?
  35. 35.₹1500 earns ₹60 simple interest at 2% a year. For how many years was it kept?
  36. 36.₹1000 earns ₹60 simple interest in 2 years. What is the rate of interest per year, in percent?
  37. 37.Arjun keeps ₹3000 in a bank at 7% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  38. 38.Sara keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 4 years?
  39. 39.₹1000 earns ₹90 simple interest at 9% a year. For how many years was it kept?
  40. 40.₹4000 earns ₹1600 simple interest at 10% a year. For how many years was it kept?

Answer key

  1. 3
  2. 180
  3. 30
  4. 360
  5. 5
  6. 60
  7. 4
  8. 5100
  9. 5
  10. 4
  11. 1760
  12. 4200
  13. 4
  14. 9
  15. 50
  16. 300
  17. 1180
  18. 2
  19. 4
  20. 2720
  21. 440
  22. 5
  23. 4
  24. 3
  25. 3420
  26. 600
  27. 5
  28. 1160
  29. 10
  30. 1815
  31. 40
  32. 280
  33. 7
  34. 8
  35. 2
  36. 3
  37. 1050
  38. 640
  39. 1
  40. 4

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