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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 935 · 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.₹500 earns ₹40 simple interest in 2 years. What is the rate of interest per year, in percent?
  2. 2.₹2500 earns ₹400 simple interest at 4% a year. For how many years was it kept?
  3. 3.₹2500 earns ₹625 simple interest at 5% a year. For how many years was it kept?
  4. 4.Arjun keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  5. 5.Arjun keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  6. 6.₹500 earns ₹140 simple interest in 4 years. What is the rate of interest per year, in percent?
  7. 7.Dev keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 2 years?
  8. 8.Sara keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  9. 9.₹3000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  10. 10.₹3000 earns ₹540 simple interest at 6% a year. For how many years was it kept?
  11. 11.₹3000 earns ₹180 simple interest at 3% a year. For how many years was it kept?
  12. 12.₹1500 earns ₹360 simple interest at 6% a year. For how many years was it kept?
  13. 13.Aarav keeps ₹5000 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  14. 14.Sara keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Sara get in 3 years?
  15. 15.Anaya keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  16. 16.Anaya keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  17. 17.₹5000 earns ₹300 simple interest at 3% a year. For how many years was it kept?
  18. 18.₹1000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  19. 19.Dev keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Dev get in 1 year?
  20. 20.₹1000 earns ₹60 simple interest in 3 years. What is the rate of interest per year, in percent?
  21. 21.Arjun keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  22. 22.₹500 earns ₹200 simple interest in 5 years. What is the rate of interest per year, in percent?
  23. 23.Rohan keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  24. 24.₹2000 earns ₹300 simple interest at 5% a year. For how many years was it kept?
  25. 25.₹3000 earns ₹180 simple interest at 6% a year. For how many years was it kept?
  26. 26.Sara keeps ₹5000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  27. 27.₹2000 earns ₹960 simple interest in 4 years. What is the rate of interest per year, in percent?
  28. 28.Aarav keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  29. 29.Arjun keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  30. 30.₹4000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  31. 31.Diya keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  32. 32.₹2500 earns ₹500 simple interest at 4% a year. For how many years was it kept?
  33. 33.₹2500 earns ₹1000 simple interest at 8% a year. For how many years was it kept?
  34. 34.₹2500 earns ₹250 simple interest in 2 years. What is the rate of interest per year, in percent?
  35. 35.Kabir keeps ₹1000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  36. 36.₹5000 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  37. 37.Ishaan keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  38. 38.₹5000 earns ₹2500 simple interest in 5 years. What is the rate of interest per year, in percent?
  39. 39.Kabir keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 5 years, in rupees?
  40. 40.Isha keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?

Answer key

  1. 4
  2. 4
  3. 5
  4. 720
  5. 1500
  6. 7
  7. 480
  8. 1150
  9. 4
  10. 3
  11. 2
  12. 4
  13. 6250
  14. 225
  15. 2300
  16. 120
  17. 2
  18. 12
  19. 90
  20. 2
  21. 150
  22. 8
  23. 90
  24. 3
  25. 1
  26. 6100
  27. 12
  28. 495
  29. 315
  30. 3
  31. 800
  32. 5
  33. 5
  34. 5
  35. 1220
  36. 2
  37. 500
  38. 10
  39. 775
  40. 1090

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