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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 940 · 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 ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  2. 2.₹2000 earns ₹40 simple interest at 2% a year. For how many years was it kept?
  3. 3.Rohan keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  4. 4.₹1000 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  5. 5.Isha keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Isha get in 5 years?
  6. 6.₹500 earns ₹240 simple interest at 12% a year. For how many years was it kept?
  7. 7.Diya keeps ₹4000 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  8. 8.₹4000 earns ₹1400 simple interest in 5 years. What is the rate of interest per year, in percent?
  9. 9.Arjun keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  10. 10.₹4000 earns ₹240 simple interest in 1 year. What is the rate of interest per year, in percent?
  11. 11.Anaya keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  12. 12.Ishaan keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  13. 13.₹5000 earns ₹1200 simple interest in 4 years. What is the rate of interest per year, in percent?
  14. 14.Aarav keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  15. 15.Ishaan keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  16. 16.₹5000 earns ₹200 simple interest at 4% a year. For how many years was it kept?
  17. 17.Kabir keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  18. 18.₹2000 earns ₹660 simple interest at 11% a year. For how many years was it kept?
  19. 19.Riya keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  20. 20.Isha keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Isha get in 3 years?
  21. 21.Dev keeps ₹2000 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 1 year?
  22. 22.₹500 earns ₹30 simple interest at 3% a year. For how many years was it kept?
  23. 23.Arjun keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  24. 24.Aarav keeps ₹2000 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  25. 25.₹1000 earns ₹240 simple interest at 8% a year. For how many years was it kept?
  26. 26.Sara keeps ₹5000 in a bank at 9% simple interest a year. How many rupees of interest does Sara get in 5 years?
  27. 27.₹2500 earns ₹375 simple interest in 5 years. What is the rate of interest per year, in percent?
  28. 28.₹1000 earns ₹110 simple interest at 11% a year. For how many years was it kept?
  29. 29.Aarav keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  30. 30.₹2000 earns ₹160 simple interest at 4% a year. For how many years was it kept?
  31. 31.₹3000 earns ₹480 simple interest at 4% a year. For how many years was it kept?
  32. 32.Isha keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Isha get in 3 years?
  33. 33.₹1000 earns ₹80 simple interest at 2% a year. For how many years was it kept?
  34. 34.Aarav keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  35. 35.₹2500 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  36. 36.Sara keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  37. 37.₹2000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  38. 38.₹5000 earns ₹400 simple interest at 8% a year. For how many years was it kept?
  39. 39.Ishaan keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  40. 40.Aarav keeps ₹500 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 4 years?

Answer key

  1. 12
  2. 1
  3. 4200
  4. 5
  5. 150
  6. 4
  7. 4440
  8. 7
  9. 160
  10. 6
  11. 5450
  12. 900
  13. 6
  14. 240
  15. 750
  16. 1
  17. 840
  18. 3
  19. 5300
  20. 525
  21. 240
  22. 2
  23. 2080
  24. 60
  25. 3
  26. 2250
  27. 3
  28. 1
  29. 1240
  30. 2
  31. 4
  32. 1200
  33. 4
  34. 6200
  35. 2
  36. 1740
  37. 3
  38. 1
  39. 3480
  40. 160

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