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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 949 · 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.₹1000 earns ₹550 simple interest in 5 years. What is the rate of interest per year, in percent?
  2. 2.₹5000 earns ₹100 simple interest at 2% a year. For how many years was it kept?
  3. 3.₹1000 earns ₹360 simple interest at 9% a year. For how many years was it kept?
  4. 4.Ishaan keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  5. 5.₹1000 earns ₹440 simple interest in 4 years. What is the rate of interest per year, in percent?
  6. 6.₹500 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  7. 7.Meera keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Meera get in 5 years?
  8. 8.Dev keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Dev get in 4 years?
  9. 9.₹2000 earns ₹300 simple interest at 3% a year. For how many years was it kept?
  10. 10.Isha keeps ₹1000 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 4 years?
  11. 11.₹1500 earns ₹675 simple interest in 5 years. What is the rate of interest per year, in percent?
  12. 12.Kabir keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  13. 13.Kabir keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  14. 14.Ishaan keeps ₹5000 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  15. 15.Diya keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Diya get in 3 years?
  16. 16.₹2000 earns ₹500 simple interest in 5 years. What is the rate of interest per year, in percent?
  17. 17.₹500 earns ₹40 simple interest in 1 year. What is the rate of interest per year, in percent?
  18. 18.Diya keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Diya get in 3 years?
  19. 19.₹4000 earns ₹640 simple interest in 4 years. What is the rate of interest per year, in percent?
  20. 20.Sara keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Sara get in 5 years?
  21. 21.Anaya keeps ₹1500 in a bank at 9% simple interest a year. What is the total amount after 3 years, in rupees?
  22. 22.₹1500 earns ₹90 simple interest in 1 year. What is the rate of interest per year, in percent?
  23. 23.₹1000 earns ₹80 simple interest at 4% a year. For how many years was it kept?
  24. 24.₹500 earns ₹60 simple interest in 2 years. What is the rate of interest per year, in percent?
  25. 25.₹500 earns ₹50 simple interest at 2% a year. For how many years was it kept?
  26. 26.Sara keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Sara get in 1 year?
  27. 27.₹2000 earns ₹360 simple interest in 3 years. What is the rate of interest per year, in percent?
  28. 28.₹5000 earns ₹2750 simple interest in 5 years. What is the rate of interest per year, in percent?
  29. 29.₹3000 earns ₹540 simple interest in 2 years. What is the rate of interest per year, in percent?
  30. 30.₹2500 earns ₹1250 simple interest in 5 years. What is the rate of interest per year, in percent?
  31. 31.₹2000 earns ₹540 simple interest in 3 years. What is the rate of interest per year, in percent?
  32. 32.₹4000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  33. 33.₹2000 earns ₹180 simple interest in 3 years. What is the rate of interest per year, in percent?
  34. 34.Isha keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Isha get in 3 years?
  35. 35.Meera keeps ₹2000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  36. 36.Isha keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  37. 37.Dev keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  38. 38.Meera keeps ₹4000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  39. 39.Dev keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  40. 40.₹4000 earns ₹400 simple interest at 10% a year. For how many years was it kept?

Answer key

  1. 11
  2. 1
  3. 4
  4. 1020
  5. 11
  6. 10
  7. 100
  8. 220
  9. 5
  10. 200
  11. 9
  12. 375
  13. 1650
  14. 300
  15. 240
  16. 5
  17. 8
  18. 1200
  19. 4
  20. 1650
  21. 1905
  22. 6
  23. 2
  24. 6
  25. 5
  26. 200
  27. 6
  28. 11
  29. 9
  30. 10
  31. 9
  32. 3
  33. 3
  34. 525
  35. 2400
  36. 6000
  37. 4800
  38. 4800
  39. 1050
  40. 1

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