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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 964 · 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.₹1500 earns ₹900 simple interest at 12% a year. For how many years was it kept?
  2. 2.Meera keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 1 year, in rupees?
  3. 3.₹1500 earns ₹750 simple interest in 5 years. What is the rate of interest per year, in percent?
  4. 4.₹500 earns ₹55 simple interest at 11% a year. For how many years was it kept?
  5. 5.₹4000 earns ₹360 simple interest at 3% a year. For how many years was it kept?
  6. 6.Diya keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  7. 7.₹2500 earns ₹600 simple interest at 12% a year. For how many years was it kept?
  8. 8.Kabir keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  9. 9.₹1500 earns ₹825 simple interest at 11% a year. For how many years was it kept?
  10. 10.₹2500 earns ₹375 simple interest at 3% a year. For how many years was it kept?
  11. 11.₹4000 earns ₹1080 simple interest at 9% a year. For how many years was it kept?
  12. 12.Anaya keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Anaya get in 5 years?
  13. 13.Kabir keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  14. 14.₹500 earns ₹30 simple interest at 2% a year. For how many years was it kept?
  15. 15.₹5000 earns ₹800 simple interest in 4 years. What is the rate of interest per year, in percent?
  16. 16.₹4000 earns ₹2200 simple interest in 5 years. What is the rate of interest per year, in percent?
  17. 17.₹1000 earns ₹480 simple interest at 12% a year. For how many years was it kept?
  18. 18.₹1000 earns ₹210 simple interest in 3 years. What is the rate of interest per year, in percent?
  19. 19.Ishaan keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  20. 20.Anaya keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  21. 21.₹1000 earns ₹200 simple interest at 5% a year. For how many years was it kept?
  22. 22.Meera keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Meera get in 4 years?
  23. 23.Ishaan keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  24. 24.Kabir keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  25. 25.₹500 earns ₹150 simple interest in 5 years. What is the rate of interest per year, in percent?
  26. 26.Isha keeps ₹500 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  27. 27.₹2500 earns ₹1250 simple interest in 5 years. What is the rate of interest per year, in percent?
  28. 28.Arjun keeps ₹5000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  29. 29.Arjun keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  30. 30.Rohan keeps ₹1500 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  31. 31.₹4000 earns ₹160 simple interest in 1 year. What is the rate of interest per year, in percent?
  32. 32.Anaya keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  33. 33.₹2500 earns ₹1500 simple interest in 5 years. What is the rate of interest per year, in percent?
  34. 34.₹3000 earns ₹1080 simple interest in 3 years. What is the rate of interest per year, in percent?
  35. 35.₹2000 earns ₹640 simple interest at 8% a year. For how many years was it kept?
  36. 36.Ishaan keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  37. 37.₹3000 earns ₹600 simple interest in 4 years. What is the rate of interest per year, in percent?
  38. 38.₹1500 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  39. 39.Sara keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Sara get in 5 years?
  40. 40.₹3000 earns ₹1650 simple interest at 11% a year. For how many years was it kept?

Answer key

  1. 5
  2. 520
  3. 10
  4. 1
  5. 3
  6. 560
  7. 2
  8. 4800
  9. 5
  10. 5
  11. 3
  12. 1000
  13. 5200
  14. 3
  15. 4
  16. 11
  17. 4
  18. 7
  19. 140
  20. 5300
  21. 4
  22. 240
  23. 40
  24. 400
  25. 6
  26. 665
  27. 10
  28. 5300
  29. 2875
  30. 1800
  31. 4
  32. 3450
  33. 12
  34. 12
  35. 4
  36. 220
  37. 5
  38. 4
  39. 225
  40. 5

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