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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 942 · 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 ₹360 simple interest in 1 year. What is the rate of interest per year, in percent?
  2. 2.Anaya keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  3. 3.₹500 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  4. 4.₹2500 earns ₹200 simple interest in 1 year. What is the rate of interest per year, in percent?
  5. 5.₹1500 earns ₹300 simple interest at 4% a year. For how many years was it kept?
  6. 6.₹1500 earns ₹120 simple interest at 4% a year. For how many years was it kept?
  7. 7.₹500 earns ₹80 simple interest in 2 years. What is the rate of interest per year, in percent?
  8. 8.Isha keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Isha get in 1 year?
  9. 9.Aarav keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  10. 10.Rohan keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  11. 11.₹2500 earns ₹600 simple interest in 2 years. What is the rate of interest per year, in percent?
  12. 12.₹500 earns ₹90 simple interest in 2 years. What is the rate of interest per year, in percent?
  13. 13.Diya keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  14. 14.Diya keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Diya get in 3 years?
  15. 15.Diya keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Diya get in 2 years?
  16. 16.₹1000 earns ₹20 simple interest in 1 year. What is the rate of interest per year, in percent?
  17. 17.Aarav keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  18. 18.₹2000 earns ₹540 simple interest in 3 years. What is the rate of interest per year, in percent?
  19. 19.₹500 earns ₹225 simple interest at 9% a year. For how many years was it kept?
  20. 20.₹500 earns ₹70 simple interest in 2 years. What is the rate of interest per year, in percent?
  21. 21.Riya keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Riya get in 1 year?
  22. 22.Kabir keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  23. 23.Arjun keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  24. 24.Dev keeps ₹5000 in a bank at 8% simple interest a year. What is the total amount after 4 years, in rupees?
  25. 25.Anaya keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  26. 26.₹500 earns ₹200 simple interest in 5 years. What is the rate of interest per year, in percent?
  27. 27.₹500 earns ₹110 simple interest in 2 years. What is the rate of interest per year, in percent?
  28. 28.Anaya keeps ₹3000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  29. 29.₹1500 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  30. 30.₹4000 earns ₹120 simple interest in 1 year. What is the rate of interest per year, in percent?
  31. 31.Dev keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Dev get in 5 years?
  32. 32.Arjun keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  33. 33.Rohan keeps ₹1500 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  34. 34.Diya keeps ₹2500 in a bank at 8% simple interest a year. How many rupees of interest does Diya get in 1 year?
  35. 35.Meera keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Meera get in 1 year?
  36. 36.Meera keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  37. 37.₹1000 earns ₹120 simple interest in 3 years. What is the rate of interest per year, in percent?
  38. 38.Aarav keeps ₹2000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  39. 39.₹500 earns ₹60 simple interest at 12% a year. For how many years was it kept?
  40. 40.₹2000 earns ₹480 simple interest in 3 years. What is the rate of interest per year, in percent?

Answer key

  1. 9
  2. 40
  3. 10
  4. 8
  5. 5
  6. 2
  7. 8
  8. 480
  9. 15
  10. 120
  11. 12
  12. 9
  13. 2650
  14. 240
  15. 200
  16. 2
  17. 420
  18. 9
  19. 5
  20. 7
  21. 100
  22. 80
  23. 3360
  24. 6600
  25. 1250
  26. 8
  27. 11
  28. 3420
  29. 8
  30. 3
  31. 250
  32. 120
  33. 1650
  34. 200
  35. 55
  36. 3240
  37. 4
  38. 2900
  39. 1
  40. 8

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