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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 893 · 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.₹1000 earns ₹400 simple interest at 8% a year. For how many years was it kept?
  2. 2.Kabir keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  3. 3.Isha keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Isha get in 2 years?
  4. 4.Anaya keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  5. 5.₹500 earns ₹225 simple interest in 5 years. What is the rate of interest per year, in percent?
  6. 6.₹3000 earns ₹1080 simple interest at 9% a year. For how many years was it kept?
  7. 7.Kabir keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  8. 8.Ishaan keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  9. 9.Anaya keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  10. 10.₹2000 earns ₹500 simple interest at 5% a year. For how many years was it kept?
  11. 11.Anaya keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  12. 12.₹1500 earns ₹90 simple interest at 3% a year. For how many years was it kept?
  13. 13.Dev keeps ₹4000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  14. 14.Ishaan keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  15. 15.Meera keeps ₹1000 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  16. 16.Rohan keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  17. 17.₹500 earns ₹55 simple interest at 11% a year. For how many years was it kept?
  18. 18.₹1000 earns ₹120 simple interest at 6% a year. For how many years was it kept?
  19. 19.₹500 earns ₹20 simple interest at 2% a year. For how many years was it kept?
  20. 20.₹1500 earns ₹480 simple interest at 8% a year. For how many years was it kept?
  21. 21.Arjun keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  22. 22.Ishaan keeps ₹2500 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  23. 23.₹2000 earns ₹720 simple interest in 4 years. What is the rate of interest per year, in percent?
  24. 24.₹500 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  25. 25.₹5000 earns ₹1600 simple interest in 4 years. What is the rate of interest per year, in percent?
  26. 26.₹2500 earns ₹1250 simple interest at 10% a year. For how many years was it kept?
  27. 27.₹1500 earns ₹300 simple interest at 10% a year. For how many years was it kept?
  28. 28.₹1000 earns ₹450 simple interest in 5 years. What is the rate of interest per year, in percent?
  29. 29.₹3000 earns ₹840 simple interest at 7% a year. For how many years was it kept?
  30. 30.Meera keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  31. 31.Riya keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  32. 32.Meera keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  33. 33.₹4000 earns ₹640 simple interest in 4 years. What is the rate of interest per year, in percent?
  34. 34.Arjun keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  35. 35.Sara keeps ₹4000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  36. 36.₹3000 earns ₹1320 simple interest in 4 years. What is the rate of interest per year, in percent?
  37. 37.₹2500 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  38. 38.₹2000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  39. 39.₹1500 earns ₹45 simple interest at 3% a year. For how many years was it kept?
  40. 40.Kabir keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Kabir get in 5 years?

Answer key

  1. 5
  2. 240
  3. 300
  4. 240
  5. 9
  6. 4
  7. 1100
  8. 350
  9. 225
  10. 5
  11. 1250
  12. 2
  13. 5080
  14. 3810
  15. 1110
  16. 120
  17. 1
  18. 2
  19. 2
  20. 4
  21. 580
  22. 3750
  23. 9
  24. 4
  25. 8
  26. 5
  27. 2
  28. 9
  29. 4
  30. 3900
  31. 1400
  32. 2160
  33. 4
  34. 2960
  35. 4360
  36. 11
  37. 4
  38. 2
  39. 1
  40. 150

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