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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 957 · 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 ₹180 simple interest at 12% a year. For how many years was it kept?
  2. 2.₹1000 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  3. 3.Sara keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  4. 4.Diya keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  5. 5.Dev keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Dev get in 2 years?
  6. 6.₹1500 earns ₹135 simple interest at 3% a year. For how many years was it kept?
  7. 7.Kabir keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  8. 8.Sara keeps ₹4000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 1 year?
  9. 9.₹500 earns ₹120 simple interest in 4 years. What is the rate of interest per year, in percent?
  10. 10.₹3000 earns ₹300 simple interest in 2 years. What is the rate of interest per year, in percent?
  11. 11.Arjun keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  12. 12.₹2000 earns ₹480 simple interest in 4 years. What is the rate of interest per year, in percent?
  13. 13.₹5000 earns ₹500 simple interest in 5 years. What is the rate of interest per year, in percent?
  14. 14.₹2500 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  15. 15.₹1500 earns ₹75 simple interest at 5% a year. For how many years was it kept?
  16. 16.₹4000 earns ₹360 simple interest in 1 year. What is the rate of interest per year, in percent?
  17. 17.Rohan keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  18. 18.Arjun keeps ₹2000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  19. 19.Meera keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Meera get in 4 years?
  20. 20.₹500 earns ₹90 simple interest at 6% a year. For how many years was it kept?
  21. 21.₹1000 earns ₹400 simple interest in 4 years. What is the rate of interest per year, in percent?
  22. 22.Arjun keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  23. 23.₹2500 earns ₹825 simple interest in 3 years. What is the rate of interest per year, in percent?
  24. 24.₹5000 earns ₹200 simple interest at 4% a year. For how many years was it kept?
  25. 25.Meera keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 1 year?
  26. 26.₹4000 earns ₹1600 simple interest in 5 years. What is the rate of interest per year, in percent?
  27. 27.Isha keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  28. 28.₹500 earns ₹110 simple interest in 2 years. What is the rate of interest per year, in percent?
  29. 29.Riya keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 4 years?
  30. 30.₹2000 earns ₹720 simple interest at 9% a year. For how many years was it kept?
  31. 31.Kabir keeps ₹1500 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  32. 32.₹2000 earns ₹540 simple interest at 9% a year. For how many years was it kept?
  33. 33.₹2500 earns ₹1200 simple interest at 12% a year. For how many years was it kept?
  34. 34.Ishaan keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  35. 35.Arjun keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  36. 36.Diya keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Diya get in 5 years?
  37. 37.Arjun keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  38. 38.Isha keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Isha get in 4 years?
  39. 39.Aarav keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  40. 40.Meera keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?

Answer key

  1. 3
  2. 2
  3. 675
  4. 2900
  5. 100
  6. 3
  7. 1300
  8. 80
  9. 6
  10. 5
  11. 8000
  12. 6
  13. 2
  14. 2
  15. 1
  16. 9
  17. 360
  18. 2440
  19. 60
  20. 3
  21. 10
  22. 5600
  23. 11
  24. 1
  25. 180
  26. 8
  27. 605
  28. 11
  29. 180
  30. 4
  31. 1605
  32. 3
  33. 4
  34. 275
  35. 60
  36. 700
  37. 110
  38. 280
  39. 560
  40. 1140

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