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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 932 · 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.₹3000 earns ₹1200 simple interest in 5 years. What is the rate of interest per year, in percent?
  2. 2.₹500 earns ₹55 simple interest at 11% a year. For how many years was it kept?
  3. 3.Diya keeps ₹4000 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 3 years?
  4. 4.Riya keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  5. 5.₹4000 earns ₹80 simple interest at 2% a year. For how many years was it kept?
  6. 6.Aarav keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  7. 7.₹1500 earns ₹30 simple interest at 2% a year. For how many years was it kept?
  8. 8.Kabir keeps ₹500 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  9. 9.Aarav keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  10. 10.₹2500 earns ₹150 simple interest in 3 years. What is the rate of interest per year, in percent?
  11. 11.₹1000 earns ₹60 simple interest at 3% a year. For how many years was it kept?
  12. 12.₹1000 earns ₹480 simple interest in 4 years. What is the rate of interest per year, in percent?
  13. 13.Anaya keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  14. 14.₹2500 earns ₹200 simple interest in 4 years. What is the rate of interest per year, in percent?
  15. 15.Anaya keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  16. 16.₹2500 earns ₹75 simple interest at 3% a year. For how many years was it kept?
  17. 17.Riya keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 5 years?
  18. 18.Ishaan keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  19. 19.Diya keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Diya get in 1 year?
  20. 20.Meera keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  21. 21.₹4000 earns ₹480 simple interest in 4 years. What is the rate of interest per year, in percent?
  22. 22.₹1000 earns ₹120 simple interest at 6% a year. For how many years was it kept?
  23. 23.Dev keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  24. 24.₹5000 earns ₹750 simple interest at 3% a year. For how many years was it kept?
  25. 25.₹4000 earns ₹400 simple interest in 1 year. What is the rate of interest per year, in percent?
  26. 26.Kabir keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  27. 27.Rohan keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  28. 28.₹3000 earns ₹300 simple interest at 10% a year. For how many years was it kept?
  29. 29.₹3000 earns ₹270 simple interest at 9% a year. For how many years was it kept?
  30. 30.₹2500 earns ₹750 simple interest in 5 years. What is the rate of interest per year, in percent?
  31. 31.Kabir keeps ₹1500 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  32. 32.₹2500 earns ₹450 simple interest at 6% a year. For how many years was it kept?
  33. 33.Ishaan keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  34. 34.Diya keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Diya get in 3 years?
  35. 35.Diya keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Diya get in 3 years?
  36. 36.₹2500 earns ₹900 simple interest at 9% a year. For how many years was it kept?
  37. 37.Anaya keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  38. 38.₹1000 earns ₹40 simple interest at 4% a year. For how many years was it kept?
  39. 39.₹2500 earns ₹550 simple interest at 11% a year. For how many years was it kept?
  40. 40.₹1500 earns ₹180 simple interest at 12% a year. For how many years was it kept?

Answer key

  1. 8
  2. 1
  3. 480
  4. 3500
  5. 1
  6. 220
  7. 1
  8. 650
  9. 4320
  10. 2
  11. 2
  12. 12
  13. 90
  14. 2
  15. 180
  16. 1
  17. 500
  18. 900
  19. 135
  20. 4600
  21. 3
  22. 2
  23. 3720
  24. 5
  25. 10
  26. 100
  27. 600
  28. 1
  29. 1
  30. 6
  31. 1920
  32. 3
  33. 1100
  34. 165
  35. 900
  36. 4
  37. 30
  38. 1
  39. 2
  40. 1

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