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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 979 · 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.₹3000 earns ₹150 simple interest at 5% a year. For how many years was it kept?
  2. 2.Arjun keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  3. 3.Aarav keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  4. 4.₹2000 earns ₹120 simple interest at 2% a year. For how many years was it kept?
  5. 5.₹5000 earns ₹1800 simple interest in 4 years. What is the rate of interest per year, in percent?
  6. 6.Dev keeps ₹4000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  7. 7.Arjun keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  8. 8.Ishaan keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Ishaan get in 5 years?
  9. 9.₹1000 earns ₹60 simple interest at 3% a year. For how many years was it kept?
  10. 10.Diya keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Diya get in 2 years?
  11. 11.Arjun keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Arjun get in 2 years?
  12. 12.₹3000 earns ₹1200 simple interest in 4 years. What is the rate of interest per year, in percent?
  13. 13.₹1500 earns ₹120 simple interest at 2% a year. For how many years was it kept?
  14. 14.Ishaan keeps ₹5000 in a bank at 8% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  15. 15.Dev keeps ₹1000 in a bank at 2% simple interest a year. How many rupees of interest does Dev get in 2 years?
  16. 16.Sara keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 3 years, in rupees?
  17. 17.₹4000 earns ₹160 simple interest in 2 years. What is the rate of interest per year, in percent?
  18. 18.Rohan keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  19. 19.Meera keeps ₹2000 in a bank at 11% simple interest a year. How many rupees of interest does Meera get in 1 year?
  20. 20.₹4000 earns ₹1200 simple interest in 3 years. What is the rate of interest per year, in percent?
  21. 21.₹5000 earns ₹800 simple interest at 8% a year. For how many years was it kept?
  22. 22.₹1500 earns ₹165 simple interest in 1 year. What is the rate of interest per year, in percent?
  23. 23.₹2500 earns ₹1375 simple interest at 11% a year. For how many years was it kept?
  24. 24.₹2000 earns ₹720 simple interest in 3 years. What is the rate of interest per year, in percent?
  25. 25.₹1500 earns ₹75 simple interest at 5% a year. For how many years was it kept?
  26. 26.₹500 earns ₹140 simple interest at 7% a year. For how many years was it kept?
  27. 27.Diya keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  28. 28.Kabir keeps ₹4000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  29. 29.Aarav keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  30. 30.₹3000 earns ₹180 simple interest at 3% a year. For how many years was it kept?
  31. 31.Ishaan keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  32. 32.Anaya keeps ₹1500 in a bank at 11% simple interest a year. How many rupees of interest does Anaya get in 1 year?
  33. 33.₹5000 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  34. 34.₹1000 earns ₹90 simple interest in 3 years. What is the rate of interest per year, in percent?
  35. 35.Rohan keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  36. 36.Anaya keeps ₹500 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  37. 37.₹1500 earns ₹675 simple interest in 5 years. What is the rate of interest per year, in percent?
  38. 38.Isha keeps ₹5000 in a bank at 7% simple interest a year. How many rupees of interest does Isha get in 3 years?
  39. 39.₹4000 earns ₹720 simple interest in 2 years. What is the rate of interest per year, in percent?
  40. 40.₹4000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?

Answer key

  1. 1
  2. 100
  3. 450
  4. 3
  5. 9
  6. 5920
  7. 1020
  8. 300
  9. 2
  10. 60
  11. 300
  12. 10
  13. 4
  14. 400
  15. 40
  16. 605
  17. 2
  18. 2700
  19. 220
  20. 10
  21. 2
  22. 11
  23. 5
  24. 12
  25. 1
  26. 4
  27. 8000
  28. 5800
  29. 4400
  30. 2
  31. 7400
  32. 165
  33. 1
  34. 3
  35. 75
  36. 530
  37. 9
  38. 1050
  39. 9
  40. 3

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