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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 975 · 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 ₹225 simple interest at 3% a year. For how many years was it kept?
  2. 2.₹2500 earns ₹750 simple interest in 5 years. What is the rate of interest per year, in percent?
  3. 3.Aarav keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  4. 4.₹1500 earns ₹270 simple interest at 6% a year. For how many years was it kept?
  5. 5.Sara keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 4 years?
  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.Isha keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  8. 8.Arjun keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  9. 9.₹1500 earns ₹360 simple interest at 12% a year. For how many years was it kept?
  10. 10.Arjun keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  11. 11.Kabir keeps ₹500 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  12. 12.₹2000 earns ₹500 simple interest at 5% a year. For how many years was it kept?
  13. 13.₹5000 earns ₹1500 simple interest in 5 years. What is the rate of interest per year, in percent?
  14. 14.₹500 earns ₹20 simple interest in 2 years. What is the rate of interest per year, in percent?
  15. 15.Meera keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  16. 16.₹3000 earns ₹480 simple interest at 4% a year. For how many years was it kept?
  17. 17.Diya keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Diya get in 2 years?
  18. 18.₹5000 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  19. 19.Kabir keeps ₹500 in a bank at 9% simple interest a year. What is the total amount after 4 years, in rupees?
  20. 20.₹2500 earns ₹400 simple interest at 8% a year. For how many years was it kept?
  21. 21.₹5000 earns ₹250 simple interest at 5% a year. For how many years was it kept?
  22. 22.Riya keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 2 years?
  23. 23.₹1500 earns ₹450 simple interest at 6% a year. For how many years was it kept?
  24. 24.Sara keeps ₹2000 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  25. 25.Isha keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Isha get in 1 year?
  26. 26.₹1000 earns ₹450 simple interest at 9% a year. For how many years was it kept?
  27. 27.₹500 earns ₹60 simple interest in 3 years. What is the rate of interest per year, in percent?
  28. 28.Rohan keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  29. 29.₹3000 earns ₹360 simple interest at 12% a year. For how many years was it kept?
  30. 30.Dev keeps ₹500 in a bank at 6% simple interest a year. How many rupees of interest does Dev get in 1 year?
  31. 31.₹1500 earns ₹135 simple interest in 3 years. What is the rate of interest per year, in percent?
  32. 32.Arjun keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  33. 33.₹4000 earns ₹1920 simple interest in 4 years. What is the rate of interest per year, in percent?
  34. 34.Isha keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 2 years?
  35. 35.Aarav keeps ₹5000 in a bank at 8% simple interest a year. How many rupees of interest does Aarav get in 3 years?
  36. 36.Dev keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Dev get in 1 year?
  37. 37.Isha keeps ₹5000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  38. 38.₹1500 earns ₹225 simple interest in 5 years. What is the rate of interest per year, in percent?
  39. 39.Anaya keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  40. 40.₹5000 earns ₹400 simple interest in 4 years. What is the rate of interest per year, in percent?

Answer key

  1. 5
  2. 6
  3. 220
  4. 3
  5. 60
  6. 560
  7. 1060
  8. 660
  9. 2
  10. 320
  11. 550
  12. 5
  13. 6
  14. 2
  15. 4200
  16. 4
  17. 40
  18. 2
  19. 680
  20. 2
  21. 1
  22. 120
  23. 5
  24. 2240
  25. 15
  26. 5
  27. 4
  28. 3120
  29. 1
  30. 30
  31. 3
  32. 525
  33. 12
  34. 150
  35. 1200
  36. 20
  37. 6000
  38. 3
  39. 1120
  40. 2

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