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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 91 · 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.₹2500 earns ₹600 simple interest in 2 years. What is the rate of interest per year, in percent?
  2. 2.₹5000 earns ₹350 simple interest at 7% a year. For how many years was it kept?
  3. 3.Diya keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Diya get in 4 years?
  4. 4.Meera keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  5. 5.₹2000 earns ₹540 simple interest in 3 years. What is the rate of interest per year, in percent?
  6. 6.₹2000 earns ₹400 simple interest at 10% a year. For how many years was it kept?
  7. 7.₹4000 earns ₹1400 simple interest in 5 years. What is the rate of interest per year, in percent?
  8. 8.₹1500 earns ₹90 simple interest at 2% a year. For how many years was it kept?
  9. 9.Meera keeps ₹3000 in a bank at 7% simple interest a year. How many rupees of interest does Meera get in 4 years?
  10. 10.Rohan keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  11. 11.₹1500 earns ₹150 simple interest in 5 years. What is the rate of interest per year, in percent?
  12. 12.Ishaan keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  13. 13.Isha keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  14. 14.Diya keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  15. 15.₹2500 earns ₹225 simple interest at 9% a year. For how many years was it kept?
  16. 16.₹2000 earns ₹880 simple interest in 4 years. What is the rate of interest per year, in percent?
  17. 17.Riya keeps ₹500 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  18. 18.₹1500 earns ₹825 simple interest in 5 years. What is the rate of interest per year, in percent?
  19. 19.Ishaan keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  20. 20.₹1500 earns ₹240 simple interest in 4 years. What is the rate of interest per year, in percent?
  21. 21.Aarav keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  22. 22.₹3000 earns ₹600 simple interest in 2 years. What is the rate of interest per year, in percent?
  23. 23.Kabir keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  24. 24.₹2000 earns ₹200 simple interest at 2% a year. For how many years was it kept?
  25. 25.Aarav keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  26. 26.₹2000 earns ₹120 simple interest at 3% a year. For how many years was it kept?
  27. 27.₹500 earns ₹275 simple interest at 11% a year. For how many years was it kept?
  28. 28.₹4000 earns ₹600 simple interest at 3% a year. For how many years was it kept?
  29. 29.Isha keeps ₹2000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  30. 30.₹1000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  31. 31.Sara keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  32. 32.₹500 earns ₹150 simple interest in 3 years. What is the rate of interest per year, in percent?
  33. 33.Rohan keeps ₹4000 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  34. 34.Riya keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  35. 35.Isha keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  36. 36.Ishaan keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  37. 37.Diya keeps ₹5000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  38. 38.Sara keeps ₹1500 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  39. 39.₹500 earns ₹120 simple interest at 12% a year. For how many years was it kept?
  40. 40.Meera keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 2 years?

Answer key

  1. 12
  2. 1
  3. 160
  4. 4650
  5. 9
  6. 2
  7. 7
  8. 3
  9. 840
  10. 300
  11. 2
  12. 1020
  13. 775
  14. 3240
  15. 1
  16. 11
  17. 650
  18. 11
  19. 1060
  20. 4
  21. 4200
  22. 10
  23. 240
  24. 5
  25. 240
  26. 2
  27. 5
  28. 5
  29. 2280
  30. 4
  31. 540
  32. 10
  33. 720
  34. 3090
  35. 1560
  36. 450
  37. 6100
  38. 1725
  39. 2
  40. 40

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