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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 973 · 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.₹2000 earns ₹640 simple interest at 8% a year. For how many years was it kept?
  2. 2.₹500 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  3. 3.Riya keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 1 year?
  4. 4.Ishaan keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  5. 5.Anaya keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  6. 6.₹2000 earns ₹480 simple interest in 2 years. What is the rate of interest per year, in percent?
  7. 7.Isha keeps ₹1000 in a bank at 8% simple interest a year. How many rupees of interest does Isha get in 1 year?
  8. 8.Aarav keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  9. 9.Riya keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Riya get in 1 year?
  10. 10.₹2500 earns ₹450 simple interest at 9% a year. For how many years was it kept?
  11. 11.Isha keeps ₹5000 in a bank at 10% simple interest a year. How many rupees of interest does Isha get in 1 year?
  12. 12.₹2500 earns ₹250 simple interest at 2% a year. For how many years was it kept?
  13. 13.Arjun keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  14. 14.Anaya keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  15. 15.₹2500 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  16. 16.Dev keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  17. 17.₹4000 earns ₹1320 simple interest in 3 years. What is the rate of interest per year, in percent?
  18. 18.Rohan keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  19. 19.₹1000 earns ₹450 simple interest in 5 years. What is the rate of interest per year, in percent?
  20. 20.Dev keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  21. 21.₹1500 earns ₹225 simple interest in 5 years. What is the rate of interest per year, in percent?
  22. 22.₹1000 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  23. 23.Meera keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 3 years?
  24. 24.Aarav keeps ₹1500 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  25. 25.₹1000 earns ₹80 simple interest in 1 year. What is the rate of interest per year, in percent?
  26. 26.Meera keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  27. 27.₹5000 earns ₹400 simple interest at 8% a year. For how many years was it kept?
  28. 28.₹2500 earns ₹150 simple interest at 2% a year. For how many years was it kept?
  29. 29.Arjun keeps ₹2000 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  30. 30.Diya keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Diya get in 3 years?
  31. 31.Diya keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  32. 32.Arjun keeps ₹1500 in a bank at 4% simple interest a year. What is the total amount after 4 years, in rupees?
  33. 33.Aarav keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  34. 34.Rohan keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  35. 35.₹3000 earns ₹1050 simple interest in 5 years. What is the rate of interest per year, in percent?
  36. 36.Aarav keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  37. 37.₹2000 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  38. 38.Rohan keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  39. 39.₹2000 earns ₹560 simple interest in 4 years. What is the rate of interest per year, in percent?
  40. 40.Aarav keeps ₹2000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?

Answer key

  1. 4
  2. 10
  3. 360
  4. 2500
  5. 1300
  6. 12
  7. 80
  8. 100
  9. 250
  10. 2
  11. 500
  12. 5
  13. 1590
  14. 600
  15. 2
  16. 525
  17. 11
  18. 720
  19. 9
  20. 3300
  21. 3
  22. 2
  23. 270
  24. 90
  25. 8
  26. 590
  27. 1
  28. 3
  29. 2480
  30. 1080
  31. 1180
  32. 1740
  33. 180
  34. 700
  35. 7
  36. 960
  37. 3
  38. 40
  39. 7
  40. 2240

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