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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 901 · 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 ₹140 simple interest at 7% a year. For how many years was it kept?
  2. 2.Ishaan keeps ₹2500 in a bank at 6% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  3. 3.₹1500 earns ₹720 simple interest at 12% a year. For how many years was it kept?
  4. 4.Dev keeps ₹5000 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  5. 5.Aarav keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  6. 6.Ishaan keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  7. 7.Diya keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  8. 8.₹5000 earns ₹800 simple interest at 8% a year. For how many years was it kept?
  9. 9.₹2500 earns ₹250 simple interest in 1 year. What is the rate of interest per year, in percent?
  10. 10.₹3000 earns ₹1350 simple interest in 5 years. What is the rate of interest per year, in percent?
  11. 11.Kabir keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  12. 12.Rohan keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  13. 13.₹500 earns ₹120 simple interest in 4 years. What is the rate of interest per year, in percent?
  14. 14.Rohan keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  15. 15.Isha keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Isha get in 1 year?
  16. 16.₹5000 earns ₹500 simple interest in 1 year. What is the rate of interest per year, in percent?
  17. 17.Anaya keeps ₹2500 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  18. 18.Dev keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 3 years?
  19. 19.₹4000 earns ₹240 simple interest at 3% a year. For how many years was it kept?
  20. 20.₹1000 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  21. 21.₹4000 earns ₹1440 simple interest at 9% a year. For how many years was it kept?
  22. 22.₹1000 earns ₹160 simple interest at 4% a year. For how many years was it kept?
  23. 23.Riya keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 2 years?
  24. 24.₹2000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  25. 25.₹1500 earns ₹180 simple interest in 2 years. What is the rate of interest per year, in percent?
  26. 26.Kabir keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  27. 27.Aarav keeps ₹5000 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  28. 28.₹500 earns ₹75 simple interest in 3 years. What is the rate of interest per year, in percent?
  29. 29.Diya keeps ₹4000 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  30. 30.Anaya keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  31. 31.₹2500 earns ₹200 simple interest at 2% a year. For how many years was it kept?
  32. 32.₹1500 earns ₹120 simple interest in 4 years. What is the rate of interest per year, in percent?
  33. 33.Meera keeps ₹5000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  34. 34.Aarav keeps ₹5000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  35. 35.Diya keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  36. 36.₹500 earns ₹50 simple interest in 5 years. What is the rate of interest per year, in percent?
  37. 37.Kabir keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  38. 38.Diya keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Diya get in 5 years?
  39. 39.Kabir keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  40. 40.₹5000 earns ₹300 simple interest at 2% a year. For how many years was it kept?

Answer key

  1. 1
  2. 150
  3. 4
  4. 6600
  5. 2080
  6. 55
  7. 540
  8. 2
  9. 10
  10. 9
  11. 4600
  12. 600
  13. 6
  14. 635
  15. 350
  16. 10
  17. 3025
  18. 300
  19. 2
  20. 2
  21. 4
  22. 4
  23. 480
  24. 6
  25. 6
  26. 135
  27. 5550
  28. 5
  29. 4960
  30. 220
  31. 4
  32. 2
  33. 5400
  34. 5250
  35. 5700
  36. 2
  37. 3270
  38. 1200
  39. 1060
  40. 3

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