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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 89 · 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.₹1500 earns ₹720 simple interest in 4 years. What is the rate of interest per year, in percent?
  2. 2.₹3000 earns ₹300 simple interest at 10% a year. For how many years was it kept?
  3. 3.Kabir keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  4. 4.Kabir keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  5. 5.₹4000 earns ₹1000 simple interest at 5% a year. For how many years was it kept?
  6. 6.₹2500 earns ₹375 simple interest at 3% a year. For how many years was it kept?
  7. 7.₹1500 earns ₹450 simple interest at 10% a year. For how many years was it kept?
  8. 8.Rohan keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  9. 9.Sara keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 5 years?
  10. 10.Riya keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 5 years?
  11. 11.₹1000 earns ₹120 simple interest at 6% a year. For how many years was it kept?
  12. 12.₹500 earns ₹10 simple interest in 1 year. What is the rate of interest per year, in percent?
  13. 13.₹2500 earns ₹75 simple interest at 3% a year. For how many years was it kept?
  14. 14.Dev keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Dev get in 2 years?
  15. 15.Ishaan keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  16. 16.₹5000 earns ₹2400 simple interest at 12% a year. For how many years was it kept?
  17. 17.₹1500 earns ₹300 simple interest at 5% a year. For how many years was it kept?
  18. 18.Sara keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  19. 19.Rohan keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  20. 20.Aarav keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  21. 21.Ishaan keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  22. 22.₹1000 earns ₹350 simple interest at 7% a year. For how many years was it kept?
  23. 23.₹5000 earns ₹200 simple interest in 1 year. What is the rate of interest per year, in percent?
  24. 24.₹500 earns ₹150 simple interest at 10% a year. For how many years was it kept?
  25. 25.Sara keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  26. 26.Kabir keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  27. 27.₹2500 earns ₹350 simple interest in 2 years. What is the rate of interest per year, in percent?
  28. 28.Aarav keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  29. 29.Dev keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  30. 30.Diya keeps ₹2500 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  31. 31.Kabir keeps ₹1000 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  32. 32.₹1000 earns ₹360 simple interest in 4 years. What is the rate of interest per year, in percent?
  33. 33.₹2000 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  34. 34.Sara keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  35. 35.₹500 earns ₹125 simple interest at 5% a year. For how many years was it kept?
  36. 36.₹2000 earns ₹220 simple interest in 1 year. What is the rate of interest per year, in percent?
  37. 37.₹1000 earns ₹150 simple interest in 5 years. What is the rate of interest per year, in percent?
  38. 38.₹500 earns ₹105 simple interest at 7% a year. For how many years was it kept?
  39. 39.₹2000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  40. 40.Arjun keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?

Answer key

  1. 12
  2. 1
  3. 1140
  4. 1320
  5. 5
  6. 5
  7. 3
  8. 240
  9. 50
  10. 500
  11. 2
  12. 2
  13. 1
  14. 550
  15. 225
  16. 4
  17. 4
  18. 1545
  19. 100
  20. 590
  21. 50
  22. 5
  23. 4
  24. 3
  25. 2100
  26. 4080
  27. 7
  28. 300
  29. 1160
  30. 2675
  31. 1360
  32. 9
  33. 5
  34. 1080
  35. 5
  36. 11
  37. 3
  38. 3
  39. 4
  40. 635

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