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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 910 · 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 ₹500 simple interest in 5 years. What is the rate of interest per year, in percent?
  2. 2.Riya keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Riya get in 2 years?
  3. 3.₹4000 earns ₹840 simple interest in 3 years. What is the rate of interest per year, in percent?
  4. 4.Isha keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Isha get in 2 years?
  5. 5.₹2000 earns ₹140 simple interest in 1 year. What is the rate of interest per year, in percent?
  6. 6.₹4000 earns ₹480 simple interest in 3 years. What is the rate of interest per year, in percent?
  7. 7.Kabir keeps ₹2500 in a bank at 6% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  8. 8.Riya keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  9. 9.Meera keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 2 years?
  10. 10.₹5000 earns ₹300 simple interest at 6% a year. For how many years was it kept?
  11. 11.Isha keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  12. 12.Aarav keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  13. 13.₹5000 earns ₹2500 simple interest at 10% a year. For how many years was it kept?
  14. 14.₹2500 earns ₹250 simple interest in 1 year. What is the rate of interest per year, in percent?
  15. 15.Aarav keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  16. 16.Riya keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 1 year?
  17. 17.Riya keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 1 year?
  18. 18.₹4000 earns ₹1200 simple interest in 5 years. What is the rate of interest per year, in percent?
  19. 19.₹500 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  20. 20.Kabir keeps ₹2000 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  21. 21.Kabir keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  22. 22.Anaya keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  23. 23.Anaya keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  24. 24.Arjun keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  25. 25.₹4000 earns ₹2400 simple interest at 12% a year. For how many years was it kept?
  26. 26.₹1500 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  27. 27.₹1000 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  28. 28.₹2500 earns ₹750 simple interest at 6% a year. For how many years was it kept?
  29. 29.Diya keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Diya get in 4 years?
  30. 30.Kabir keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  31. 31.₹1000 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  32. 32.Diya keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Diya get in 3 years?
  33. 33.₹1000 earns ₹80 simple interest in 2 years. What is the rate of interest per year, in percent?
  34. 34.Meera keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 5 years?
  35. 35.₹5000 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  36. 36.Anaya keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  37. 37.₹3000 earns ₹300 simple interest at 2% a year. For how many years was it kept?
  38. 38.Meera keeps ₹5000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  39. 39.₹3000 earns ₹720 simple interest at 8% a year. For how many years was it kept?
  40. 40.₹500 earns ₹180 simple interest at 9% a year. For how many years was it kept?

Answer key

  1. 10
  2. 100
  3. 7
  4. 30
  5. 7
  6. 4
  7. 600
  8. 550
  9. 960
  10. 1
  11. 1680
  12. 200
  13. 5
  14. 10
  15. 1060
  16. 50
  17. 100
  18. 6
  19. 4
  20. 2560
  21. 180
  22. 575
  23. 2750
  24. 15
  25. 5
  26. 4
  27. 4
  28. 5
  29. 400
  30. 6050
  31. 10
  32. 900
  33. 4
  34. 200
  35. 1
  36. 50
  37. 5
  38. 5300
  39. 3
  40. 4

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