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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 961 · 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.Rohan keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  2. 2.₹5000 earns ₹1500 simple interest in 3 years. What is the rate of interest per year, in percent?
  3. 3.Isha keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Isha get in 2 years?
  4. 4.₹500 earns ₹35 simple interest at 7% a year. For how many years was it kept?
  5. 5.₹2500 earns ₹1200 simple interest at 12% a year. For how many years was it kept?
  6. 6.Arjun keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  7. 7.₹500 earns ₹160 simple interest in 4 years. What is the rate of interest per year, in percent?
  8. 8.₹500 earns ₹175 simple interest at 7% a year. For how many years was it kept?
  9. 9.₹2000 earns ₹300 simple interest at 3% a year. For how many years was it kept?
  10. 10.₹500 earns ₹30 simple interest in 2 years. What is the rate of interest per year, in percent?
  11. 11.Isha keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Isha get in 1 year?
  12. 12.Aarav keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  13. 13.Isha keeps ₹5000 in a bank at 6% simple interest a year. What is the total amount after 3 years, in rupees?
  14. 14.Rohan keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  15. 15.₹1000 earns ₹120 simple interest at 4% a year. For how many years was it kept?
  16. 16.Rohan keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  17. 17.₹1000 earns ₹360 simple interest at 9% a year. For how many years was it kept?
  18. 18.₹1000 earns ₹20 simple interest at 2% a year. For how many years was it kept?
  19. 19.Sara keeps ₹2000 in a bank at 5% simple interest a year. How many rupees of interest does Sara get in 2 years?
  20. 20.Arjun keeps ₹4000 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  21. 21.₹1000 earns ₹550 simple interest in 5 years. What is the rate of interest per year, in percent?
  22. 22.₹2000 earns ₹440 simple interest at 11% a year. For how many years was it kept?
  23. 23.Riya keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 3 years?
  24. 24.₹500 earns ₹180 simple interest at 9% a year. For how many years was it kept?
  25. 25.₹1000 earns ₹400 simple interest in 5 years. What is the rate of interest per year, in percent?
  26. 26.₹1000 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  27. 27.Arjun keeps ₹2000 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  28. 28.Sara keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 3 years?
  29. 29.Diya keeps ₹1500 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  30. 30.₹4000 earns ₹400 simple interest at 2% a year. For how many years was it kept?
  31. 31.₹1000 earns ₹300 simple interest at 6% a year. For how many years was it kept?
  32. 32.₹3000 earns ₹120 simple interest at 4% a year. For how many years was it kept?
  33. 33.Rohan keeps ₹4000 in a bank at 3% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  34. 34.₹500 earns ₹60 simple interest at 12% a year. For how many years was it kept?
  35. 35.₹1500 earns ₹420 simple interest at 7% a year. For how many years was it kept?
  36. 36.Rohan keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  37. 37.₹2500 earns ₹200 simple interest at 8% a year. For how many years was it kept?
  38. 38.Anaya keeps ₹1500 in a bank at 8% simple interest a year. What is the total amount after 2 years, in rupees?
  39. 39.Rohan keeps ₹2500 in a bank at 9% simple interest a year. What is the total amount after 1 year, in rupees?
  40. 40.₹5000 earns ₹2400 simple interest in 4 years. What is the rate of interest per year, in percent?

Answer key

  1. 270
  2. 10
  3. 220
  4. 1
  5. 4
  6. 700
  7. 8
  8. 5
  9. 5
  10. 3
  11. 550
  12. 50
  13. 5900
  14. 480
  15. 3
  16. 6000
  17. 4
  18. 1
  19. 200
  20. 4840
  21. 11
  22. 2
  23. 360
  24. 4
  25. 8
  26. 5
  27. 2180
  28. 45
  29. 1950
  30. 5
  31. 5
  32. 1
  33. 120
  34. 1
  35. 4
  36. 5200
  37. 1
  38. 1740
  39. 2725
  40. 12

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