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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 909 · 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 ₹220 simple interest at 11% a year. For how many years was it kept?
  2. 2.Meera keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 4 years?
  3. 3.₹5000 earns ₹1000 simple interest in 2 years. What is the rate of interest per year, in percent?
  4. 4.₹3000 earns ₹1800 simple interest in 5 years. What is the rate of interest per year, in percent?
  5. 5.Rohan keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  6. 6.₹3000 earns ₹300 simple interest at 5% a year. For how many years was it kept?
  7. 7.₹5000 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  8. 8.Sara keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Sara get in 4 years?
  9. 9.₹3000 earns ₹600 simple interest at 4% a year. For how many years was it kept?
  10. 10.₹4000 earns ₹120 simple interest at 3% a year. For how many years was it kept?
  11. 11.Riya keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 4 years?
  12. 12.₹500 earns ₹175 simple interest at 7% a year. For how many years was it kept?
  13. 13.₹500 earns ₹90 simple interest at 6% a year. For how many years was it kept?
  14. 14.Isha keeps ₹4000 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  15. 15.Riya keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 3 years?
  16. 16.₹500 earns ₹30 simple interest at 3% a year. For how many years was it kept?
  17. 17.₹2500 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  18. 18.₹2000 earns ₹280 simple interest at 7% a year. For how many years was it kept?
  19. 19.Riya keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  20. 20.Aarav keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  21. 21.Meera keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  22. 22.Anaya keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  23. 23.₹2500 earns ₹600 simple interest at 12% a year. For how many years was it kept?
  24. 24.Kabir keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  25. 25.₹5000 earns ₹1200 simple interest in 4 years. What is the rate of interest per year, in percent?
  26. 26.Rohan keeps ₹2500 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  27. 27.Anaya keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  28. 28.₹4000 earns ₹1080 simple interest at 9% a year. For how many years was it kept?
  29. 29.₹5000 earns ₹2750 simple interest at 11% a year. For how many years was it kept?
  30. 30.Dev keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  31. 31.₹2500 earns ₹200 simple interest at 4% a year. For how many years was it kept?
  32. 32.Riya keeps ₹2500 in a bank at 11% simple interest a year. How many rupees of interest does Riya get in 2 years?
  33. 33.₹2500 earns ₹550 simple interest in 2 years. What is the rate of interest per year, in percent?
  34. 34.Anaya keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  35. 35.₹2500 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  36. 36.₹2500 earns ₹1100 simple interest in 4 years. What is the rate of interest per year, in percent?
  37. 37.Kabir keeps ₹2500 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  38. 38.₹3000 earns ₹330 simple interest in 1 year. What is the rate of interest per year, in percent?
  39. 39.Diya keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Diya get in 4 years?
  40. 40.Isha keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?

Answer key

  1. 1
  2. 560
  3. 10
  4. 12
  5. 2960
  6. 2
  7. 1
  8. 2200
  9. 5
  10. 1
  11. 320
  12. 5
  13. 3
  14. 5280
  15. 60
  16. 2
  17. 4
  18. 2
  19. 2040
  20. 2100
  21. 560
  22. 5750
  23. 2
  24. 3810
  25. 6
  26. 2750
  27. 4240
  28. 3
  29. 5
  30. 2160
  31. 2
  32. 550
  33. 11
  34. 560
  35. 2
  36. 11
  37. 2625
  38. 11
  39. 40
  40. 4240

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