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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 920 · 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 ₹2000 in a bank at 4% simple interest a year. What is the total amount after 2 years, in rupees?
  2. 2.Dev keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  3. 3.Arjun keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  4. 4.₹2500 earns ₹200 simple interest at 2% a year. For how many years was it kept?
  5. 5.Arjun keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  6. 6.₹3000 earns ₹180 simple interest at 3% a year. For how many years was it kept?
  7. 7.₹1000 earns ₹240 simple interest in 3 years. What is the rate of interest per year, in percent?
  8. 8.₹2000 earns ₹660 simple interest at 11% a year. For how many years was it kept?
  9. 9.₹4000 earns ₹360 simple interest in 1 year. What is the rate of interest per year, in percent?
  10. 10.₹500 earns ₹20 simple interest at 4% a year. For how many years was it kept?
  11. 11.₹1500 earns ₹300 simple interest in 2 years. What is the rate of interest per year, in percent?
  12. 12.Kabir keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  13. 13.₹2000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  14. 14.₹2500 earns ₹375 simple interest at 5% a year. For how many years was it kept?
  15. 15.Arjun keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  16. 16.₹2000 earns ₹720 simple interest in 3 years. What is the rate of interest per year, in percent?
  17. 17.₹5000 earns ₹2400 simple interest at 12% a year. For how many years was it kept?
  18. 18.Diya keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 4 years?
  19. 19.Kabir keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  20. 20.Riya keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 3 years?
  21. 21.Meera keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  22. 22.₹1000 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  23. 23.Diya keeps ₹2500 in a bank at 5% simple interest a year. How many rupees of interest does Diya get in 3 years?
  24. 24.Arjun keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  25. 25.Dev keeps ₹5000 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 5 years?
  26. 26.₹1500 earns ₹120 simple interest at 2% a year. For how many years was it kept?
  27. 27.Riya keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Riya get in 2 years?
  28. 28.Meera keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Meera get in 2 years?
  29. 29.₹2000 earns ₹160 simple interest at 2% a year. For how many years was it kept?
  30. 30.₹1000 earns ₹300 simple interest in 3 years. What is the rate of interest per year, in percent?
  31. 31.₹2000 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  32. 32.Isha keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Isha get in 2 years?
  33. 33.Riya keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  34. 34.Kabir keeps ₹5000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  35. 35.Anaya keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  36. 36.₹500 earns ₹45 simple interest at 9% a year. For how many years was it kept?
  37. 37.₹5000 earns ₹1800 simple interest in 4 years. What is the rate of interest per year, in percent?
  38. 38.₹5000 earns ₹1000 simple interest in 5 years. What is the rate of interest per year, in percent?
  39. 39.Ishaan keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  40. 40.₹1000 earns ₹60 simple interest in 3 years. What is the rate of interest per year, in percent?

Answer key

  1. 2160
  2. 1400
  3. 1050
  4. 4
  5. 120
  6. 2
  7. 8
  8. 3
  9. 9
  10. 1
  11. 10
  12. 1620
  13. 6
  14. 3
  15. 1270
  16. 12
  17. 4
  18. 80
  19. 1200
  20. 360
  21. 2875
  22. 5
  23. 375
  24. 540
  25. 3000
  26. 4
  27. 600
  28. 150
  29. 4
  30. 10
  31. 2
  32. 160
  33. 5400
  34. 5900
  35. 540
  36. 1
  37. 9
  38. 4
  39. 515
  40. 2

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