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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 931 · 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.₹2500 earns ₹250 simple interest in 5 years. What is the rate of interest per year, in percent?
  2. 2.₹3000 earns ₹1200 simple interest at 8% a year. For how many years was it kept?
  3. 3.Rohan keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  4. 4.Arjun keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  5. 5.₹500 earns ₹165 simple interest in 3 years. What is the rate of interest per year, in percent?
  6. 6.₹2500 earns ₹375 simple interest in 5 years. What is the rate of interest per year, in percent?
  7. 7.₹3000 earns ₹120 simple interest at 2% a year. For how many years was it kept?
  8. 8.₹1500 earns ₹150 simple interest at 2% a year. For how many years was it kept?
  9. 9.Riya keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 4 years?
  10. 10.₹5000 earns ₹250 simple interest in 1 year. What is the rate of interest per year, in percent?
  11. 11.Riya keeps ₹4000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  12. 12.Rohan keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  13. 13.Ishaan keeps ₹2000 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  14. 14.Ishaan keeps ₹500 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  15. 15.₹5000 earns ₹800 simple interest in 2 years. What is the rate of interest per year, in percent?
  16. 16.₹1000 earns ₹90 simple interest in 1 year. What is the rate of interest per year, in percent?
  17. 17.Meera keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 3 years?
  18. 18.₹3000 earns ₹900 simple interest in 3 years. What is the rate of interest per year, in percent?
  19. 19.₹3000 earns ₹180 simple interest at 6% a year. For how many years was it kept?
  20. 20.₹4000 earns ₹80 simple interest in 1 year. What is the rate of interest per year, in percent?
  21. 21.₹1000 earns ₹160 simple interest in 4 years. What is the rate of interest per year, in percent?
  22. 22.Dev keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Dev get in 2 years?
  23. 23.₹500 earns ₹110 simple interest in 2 years. What is the rate of interest per year, in percent?
  24. 24.Isha keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 4 years?
  25. 25.Meera keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 4 years?
  26. 26.₹2000 earns ₹300 simple interest at 3% a year. For how many years was it kept?
  27. 27.₹5000 earns ₹350 simple interest at 7% a year. For how many years was it kept?
  28. 28.₹4000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  29. 29.Dev keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Dev get in 4 years?
  30. 30.₹5000 earns ₹450 simple interest in 1 year. What is the rate of interest per year, in percent?
  31. 31.Rohan keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  32. 32.₹4000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  33. 33.₹5000 earns ₹500 simple interest at 10% a year. For how many years was it kept?
  34. 34.₹4000 earns ₹480 simple interest at 3% a year. For how many years was it kept?
  35. 35.Rohan keeps ₹2500 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  36. 36.Sara keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Sara get in 2 years?
  37. 37.₹4000 earns ₹1200 simple interest at 10% a year. For how many years was it kept?
  38. 38.₹1000 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  39. 39.₹5000 earns ₹600 simple interest at 6% a year. For how many years was it kept?
  40. 40.Diya keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 1 year?

Answer key

  1. 2
  2. 5
  3. 3360
  4. 90
  5. 11
  6. 3
  7. 2
  8. 5
  9. 800
  10. 5
  11. 5800
  12. 600
  13. 2220
  14. 580
  15. 8
  16. 9
  17. 600
  18. 10
  19. 1
  20. 2
  21. 4
  22. 80
  23. 11
  24. 300
  25. 640
  26. 5
  27. 1
  28. 3
  29. 80
  30. 9
  31. 300
  32. 3
  33. 1
  34. 4
  35. 2750
  36. 240
  37. 3
  38. 2
  39. 2
  40. 110

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