← Simple interest and the rate lesson New set →

Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 914 · 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.Diya keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  2. 2.Arjun keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  3. 3.Meera keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  4. 4.Dev keeps ₹5000 in a bank at 8% simple interest a year. How many rupees of interest does Dev get in 1 year?
  5. 5.₹1000 earns ₹60 simple interest at 6% a year. For how many years was it kept?
  6. 6.₹2500 earns ₹250 simple interest at 5% a year. For how many years was it kept?
  7. 7.₹4000 earns ₹400 simple interest in 1 year. What is the rate of interest per year, in percent?
  8. 8.₹4000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  9. 9.₹500 earns ₹250 simple interest at 10% a year. For how many years was it kept?
  10. 10.Riya keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Riya get in 2 years?
  11. 11.₹5000 earns ₹2250 simple interest in 5 years. What is the rate of interest per year, in percent?
  12. 12.Riya keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  13. 13.Dev keeps ₹1000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  14. 14.Kabir keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  15. 15.₹500 earns ₹15 simple interest in 1 year. What is the rate of interest per year, in percent?
  16. 16.Arjun keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  17. 17.Meera keeps ₹2000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  18. 18.Rohan keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  19. 19.Meera keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 4 years?
  20. 20.Kabir keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  21. 21.Rohan keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  22. 22.₹500 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  23. 23.₹2500 earns ₹150 simple interest in 1 year. What is the rate of interest per year, in percent?
  24. 24.₹500 earns ₹60 simple interest at 4% a year. For how many years was it kept?
  25. 25.₹1000 earns ₹360 simple interest at 12% a year. For how many years was it kept?
  26. 26.₹1000 earns ₹550 simple interest at 11% a year. For how many years was it kept?
  27. 27.₹5000 earns ₹300 simple interest in 2 years. What is the rate of interest per year, in percent?
  28. 28.₹1000 earns ₹110 simple interest in 1 year. What is the rate of interest per year, in percent?
  29. 29.₹5000 earns ₹1600 simple interest at 8% a year. For how many years was it kept?
  30. 30.₹1000 earns ₹180 simple interest at 6% a year. For how many years was it kept?
  31. 31.₹500 earns ₹150 simple interest at 6% a year. For how many years was it kept?
  32. 32.₹5000 earns ₹600 simple interest in 3 years. What is the rate of interest per year, in percent?
  33. 33.Kabir keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  34. 34.Arjun keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  35. 35.Meera keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  36. 36.Meera keeps ₹2000 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  37. 37.₹1000 earns ₹400 simple interest in 5 years. What is the rate of interest per year, in percent?
  38. 38.₹5000 earns ₹600 simple interest at 6% a year. For how many years was it kept?
  39. 39.Aarav keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  40. 40.₹1000 earns ₹60 simple interest in 2 years. What is the rate of interest per year, in percent?

Answer key

  1. 545
  2. 30
  3. 2240
  4. 400
  5. 1
  6. 2
  7. 10
  8. 3
  9. 5
  10. 330
  11. 9
  12. 1350
  13. 1220
  14. 320
  15. 3
  16. 120
  17. 2540
  18. 525
  19. 160
  20. 60
  21. 80
  22. 12
  23. 6
  24. 3
  25. 3
  26. 5
  27. 3
  28. 11
  29. 4
  30. 3
  31. 5
  32. 4
  33. 6200
  34. 30
  35. 1320
  36. 2800
  37. 8
  38. 2
  39. 3630
  40. 3

Free percentage lessons, practice and worksheets at talentjr.in/how-to-calculate-percentage