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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 938 · 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.₹4000 earns ₹640 simple interest in 2 years. What is the rate of interest per year, in percent?
  2. 2.Sara keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Sara get in 4 years?
  3. 3.₹5000 earns ₹1050 simple interest at 7% a year. For how many years was it kept?
  4. 4.Isha keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Isha get in 4 years?
  5. 5.Anaya keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  6. 6.₹4000 earns ₹1920 simple interest at 12% a year. For how many years was it kept?
  7. 7.Aarav keeps ₹2500 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  8. 8.₹3000 earns ₹1320 simple interest at 11% a year. For how many years was it kept?
  9. 9.Anaya keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  10. 10.Sara keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Sara get in 3 years?
  11. 11.Aarav keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  12. 12.₹4000 earns ₹280 simple interest in 1 year. What is the rate of interest per year, in percent?
  13. 13.Kabir keeps ₹2000 in a bank at 11% simple interest a year. How many rupees of interest does Kabir get in 1 year?
  14. 14.₹2500 earns ₹200 simple interest in 4 years. What is the rate of interest per year, in percent?
  15. 15.₹2000 earns ₹640 simple interest at 8% a year. For how many years was it kept?
  16. 16.Aarav keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  17. 17.Aarav keeps ₹3000 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  18. 18.Dev keeps ₹500 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  19. 19.₹1000 earns ₹210 simple interest in 3 years. What is the rate of interest per year, in percent?
  20. 20.Isha 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 ₹320 simple interest at 2% a year. For how many years was it kept?
  22. 22.Aarav keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  23. 23.₹1500 earns ₹375 simple interest in 5 years. What is the rate of interest per year, in percent?
  24. 24.₹1500 earns ₹90 simple interest in 2 years. What is the rate of interest per year, in percent?
  25. 25.₹3000 earns ₹1080 simple interest in 4 years. What is the rate of interest per year, in percent?
  26. 26.Anaya keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  27. 27.₹4000 earns ₹320 simple interest in 1 year. What is the rate of interest per year, in percent?
  28. 28.₹5000 earns ₹2400 simple interest at 12% a year. For how many years was it kept?
  29. 29.₹5000 earns ₹2200 simple interest at 11% a year. For how many years was it kept?
  30. 30.₹3000 earns ₹600 simple interest at 10% a year. For how many years was it kept?
  31. 31.Sara keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 1 year?
  32. 32.₹2500 earns ₹50 simple interest at 2% a year. For how many years was it kept?
  33. 33.₹1500 earns ₹180 simple interest at 12% a year. For how many years was it kept?
  34. 34.Aarav keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  35. 35.Kabir keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  36. 36.Arjun keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  37. 37.₹2000 earns ₹160 simple interest in 1 year. What is the rate of interest per year, in percent?
  38. 38.₹1500 earns ₹45 simple interest at 3% a year. For how many years was it kept?
  39. 39.₹4000 earns ₹960 simple interest at 6% a year. For how many years was it kept?
  40. 40.₹2500 earns ₹175 simple interest in 1 year. What is the rate of interest per year, in percent?

Answer key

  1. 8
  2. 660
  3. 3
  4. 120
  5. 2575
  6. 4
  7. 2800
  8. 4
  9. 3240
  10. 150
  11. 575
  12. 7
  13. 220
  14. 2
  15. 4
  16. 225
  17. 720
  18. 650
  19. 7
  20. 4600
  21. 4
  22. 20
  23. 5
  24. 3
  25. 9
  26. 30
  27. 8
  28. 4
  29. 4
  30. 2
  31. 100
  32. 1
  33. 1
  34. 300
  35. 900
  36. 90
  37. 8
  38. 1
  39. 4
  40. 7

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