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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 911 · 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.Arjun keeps ₹2000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  2. 2.Sara keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 3 years?
  3. 3.₹2500 earns ₹1250 simple interest in 5 years. What is the rate of interest per year, in percent?
  4. 4.Riya keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  5. 5.₹5000 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  6. 6.₹3000 earns ₹330 simple interest in 1 year. What is the rate of interest per year, in percent?
  7. 7.Anaya keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  8. 8.₹1000 earns ₹90 simple interest at 9% a year. For how many years was it kept?
  9. 9.Aarav keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  10. 10.₹1500 earns ₹180 simple interest in 2 years. What is the rate of interest per year, in percent?
  11. 11.₹4000 earns ₹1920 simple interest at 12% a year. For how many years was it kept?
  12. 12.Sara keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  13. 13.₹1500 earns ₹105 simple interest in 1 year. What is the rate of interest per year, in percent?
  14. 14.₹1000 earns ₹120 simple interest at 12% a year. For how many years was it kept?
  15. 15.Meera keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  16. 16.₹5000 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  17. 17.Kabir keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  18. 18.Sara keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Sara get in 2 years?
  19. 19.Arjun keeps ₹2500 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  20. 20.₹500 earns ₹225 simple interest in 5 years. What is the rate of interest per year, in percent?
  21. 21.₹2000 earns ₹80 simple interest in 1 year. What is the rate of interest per year, in percent?
  22. 22.₹2000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  23. 23.₹4000 earns ₹1280 simple interest at 8% a year. For how many years was it kept?
  24. 24.₹2000 earns ₹560 simple interest at 7% a year. For how many years was it kept?
  25. 25.Ishaan keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  26. 26.Sara keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  27. 27.₹4000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  28. 28.₹1000 earns ₹440 simple interest in 4 years. What is the rate of interest per year, in percent?
  29. 29.₹4000 earns ₹480 simple interest at 3% a year. For how many years was it kept?
  30. 30.Kabir keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  31. 31.₹3000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  32. 32.₹1500 earns ₹135 simple interest in 1 year. What is the rate of interest per year, in percent?
  33. 33.Anaya keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  34. 34.₹2500 earns ₹375 simple interest in 3 years. What is the rate of interest per year, in percent?
  35. 35.₹5000 earns ₹1100 simple interest in 2 years. What is the rate of interest per year, in percent?
  36. 36.₹4000 earns ₹240 simple interest at 3% a year. For how many years was it kept?
  37. 37.₹2500 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  38. 38.Anaya keeps ₹4000 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  39. 39.₹500 earns ₹240 simple interest in 4 years. What is the rate of interest per year, in percent?
  40. 40.₹5000 earns ₹2250 simple interest in 5 years. What is the rate of interest per year, in percent?

Answer key

  1. 2300
  2. 90
  3. 10
  4. 5700
  5. 3
  6. 11
  7. 2320
  8. 1
  9. 500
  10. 6
  11. 4
  12. 5300
  13. 7
  14. 1
  15. 3060
  16. 1
  17. 5600
  18. 160
  19. 2775
  20. 9
  21. 4
  22. 2
  23. 4
  24. 4
  25. 550
  26. 5200
  27. 3
  28. 11
  29. 4
  30. 90
  31. 4
  32. 9
  33. 2900
  34. 5
  35. 11
  36. 2
  37. 8
  38. 4960
  39. 12
  40. 9

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