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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 887 · 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.₹4000 earns ₹440 simple interest in 1 year. What is the rate of interest per year, in percent?
  2. 2.₹5000 earns ₹800 simple interest in 2 years. What is the rate of interest per year, in percent?
  3. 3.Sara keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Sara get in 4 years?
  4. 4.₹2500 earns ₹600 simple interest in 4 years. What is the rate of interest per year, in percent?
  5. 5.Riya keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Riya get in 5 years?
  6. 6.Kabir keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  7. 7.Dev keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Dev get in 5 years?
  8. 8.₹4000 earns ₹320 simple interest in 1 year. What is the rate of interest per year, in percent?
  9. 9.₹500 earns ₹40 simple interest in 2 years. What is the rate of interest per year, in percent?
  10. 10.₹500 earns ₹80 simple interest in 4 years. What is the rate of interest per year, in percent?
  11. 11.Aarav keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  12. 12.Dev keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Dev get in 2 years?
  13. 13.₹1500 earns ₹240 simple interest at 8% a year. For how many years was it kept?
  14. 14.₹3000 earns ₹1650 simple interest at 11% a year. For how many years was it kept?
  15. 15.Aarav keeps ₹2000 in a bank at 9% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  16. 16.₹1000 earns ₹400 simple interest at 10% a year. For how many years was it kept?
  17. 17.₹5000 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  18. 18.₹1000 earns ₹400 simple interest in 4 years. What is the rate of interest per year, in percent?
  19. 19.₹4000 earns ₹960 simple interest at 12% a year. For how many years was it kept?
  20. 20.Meera keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  21. 21.Aarav keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  22. 22.₹500 earns ₹20 simple interest at 4% a year. For how many years was it kept?
  23. 23.₹2000 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  24. 24.₹1000 earns ₹100 simple interest at 5% a year. For how many years was it kept?
  25. 25.Ishaan keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  26. 26.₹1500 earns ₹375 simple interest in 5 years. What is the rate of interest per year, in percent?
  27. 27.Kabir keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  28. 28.Diya keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 5 years?
  29. 29.₹5000 earns ₹300 simple interest in 2 years. What is the rate of interest per year, in percent?
  30. 30.₹500 earns ₹60 simple interest in 3 years. What is the rate of interest per year, in percent?
  31. 31.₹500 earns ₹45 simple interest at 3% a year. For how many years was it kept?
  32. 32.₹1000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  33. 33.₹2000 earns ₹160 simple interest in 1 year. What is the rate of interest per year, in percent?
  34. 34.Anaya keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  35. 35.₹2500 earns ₹500 simple interest in 2 years. What is the rate of interest per year, in percent?
  36. 36.₹1500 earns ₹360 simple interest at 12% a year. For how many years was it kept?
  37. 37.₹1500 earns ₹420 simple interest in 4 years. What is the rate of interest per year, in percent?
  38. 38.Riya keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 5 years?
  39. 39.₹1500 earns ₹165 simple interest in 1 year. What is the rate of interest per year, in percent?
  40. 40.Rohan keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?

Answer key

  1. 11
  2. 8
  3. 1920
  4. 6
  5. 275
  6. 1040
  7. 1650
  8. 8
  9. 4
  10. 4
  11. 555
  12. 40
  13. 2
  14. 5
  15. 360
  16. 4
  17. 2
  18. 10
  19. 2
  20. 5150
  21. 25
  22. 1
  23. 1
  24. 2
  25. 990
  26. 5
  27. 675
  28. 375
  29. 3
  30. 4
  31. 3
  32. 12
  33. 8
  34. 280
  35. 10
  36. 2
  37. 7
  38. 900
  39. 11
  40. 2950

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