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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 930 · 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.Kabir keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  2. 2.Aarav keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  3. 3.₹500 earns ₹100 simple interest at 5% a year. For how many years was it kept?
  4. 4.₹2000 earns ₹400 simple interest in 4 years. What is the rate of interest per year, in percent?
  5. 5.Anaya keeps ₹5000 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  6. 6.Aarav keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  7. 7.Sara keeps ₹3000 in a bank at 7% simple interest a year. How many rupees of interest does Sara get in 1 year?
  8. 8.Dev keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 5 years, in rupees?
  9. 9.Arjun keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  10. 10.Diya keeps ₹2500 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  11. 11.₹1000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  12. 12.₹1500 earns ₹270 simple interest at 6% a year. For how many years was it kept?
  13. 13.₹1000 earns ₹160 simple interest at 4% a year. For how many years was it kept?
  14. 14.₹2000 earns ₹60 simple interest at 3% a year. For how many years was it kept?
  15. 15.₹2000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  16. 16.Kabir keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  17. 17.₹3000 earns ₹900 simple interest at 6% a year. For how many years was it kept?
  18. 18.Arjun keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  19. 19.₹4000 earns ₹400 simple interest at 10% a year. For how many years was it kept?
  20. 20.Aarav keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  21. 21.₹1500 earns ₹300 simple interest in 4 years. What is the rate of interest per year, in percent?
  22. 22.Diya keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Diya get in 5 years?
  23. 23.Diya keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 4 years?
  24. 24.₹2500 earns ₹750 simple interest in 5 years. What is the rate of interest per year, in percent?
  25. 25.₹5000 earns ₹1100 simple interest at 11% a year. For how many years was it kept?
  26. 26.₹1000 earns ₹350 simple interest at 7% a year. For how many years was it kept?
  27. 27.₹500 earns ₹175 simple interest at 7% a year. For how many years was it kept?
  28. 28.Riya keeps ₹5000 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  29. 29.Kabir keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  30. 30.₹5000 earns ₹750 simple interest at 3% a year. For how many years was it kept?
  31. 31.₹2000 earns ₹400 simple interest at 5% a year. For how many years was it kept?
  32. 32.Arjun keeps ₹5000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  33. 33.₹2500 earns ₹1250 simple interest in 5 years. What is the rate of interest per year, in percent?
  34. 34.Arjun keeps ₹2500 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  35. 35.Riya keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 1 year?
  36. 36.Riya keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  37. 37.Sara keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 1 year?
  38. 38.Aarav keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  39. 39.Rohan keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  40. 40.Kabir keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?

Answer key

  1. 2960
  2. 3450
  3. 4
  4. 5
  5. 7000
  6. 5750
  7. 210
  8. 2600
  9. 3270
  10. 3050
  11. 12
  12. 3
  13. 4
  14. 1
  15. 6
  16. 600
  17. 5
  18. 300
  19. 1
  20. 4000
  21. 5
  22. 1200
  23. 600
  24. 6
  25. 2
  26. 5
  27. 5
  28. 5500
  29. 180
  30. 5
  31. 4
  32. 5600
  33. 10
  34. 2675
  35. 60
  36. 2400
  37. 100
  38. 800
  39. 810
  40. 1040

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