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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 98 · 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.₹500 earns ₹20 simple interest in 1 year. What is the rate of interest per year, in percent?
  2. 2.₹5000 earns ₹1050 simple interest at 7% a year. For how many years was it kept?
  3. 3.₹2000 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  4. 4.₹3000 earns ₹90 simple interest in 1 year. What is the rate of interest per year, in percent?
  5. 5.Sara keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  6. 6.Diya keeps ₹3000 in a bank at 4% simple interest a year. What is the total amount after 3 years, in rupees?
  7. 7.₹2000 earns ₹280 simple interest at 7% a year. For how many years was it kept?
  8. 8.₹2000 earns ₹60 simple interest at 3% a year. For how many years was it kept?
  9. 9.Anaya keeps ₹1500 in a bank at 8% simple interest a year. How many rupees of interest does Anaya get in 4 years?
  10. 10.₹500 earns ₹55 simple interest in 1 year. What is the rate of interest per year, in percent?
  11. 11.Rohan keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  12. 12.Sara keeps ₹2000 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  13. 13.Rohan keeps ₹4000 in a bank at 7% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  14. 14.Riya keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 1 year, in rupees?
  15. 15.₹1500 earns ₹90 simple interest in 2 years. What is the rate of interest per year, in percent?
  16. 16.₹1000 earns ₹210 simple interest at 7% a year. For how many years was it kept?
  17. 17.Riya keeps ₹3000 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 2 years?
  18. 18.₹500 earns ₹200 simple interest in 5 years. What is the rate of interest per year, in percent?
  19. 19.₹4000 earns ₹1200 simple interest at 10% a year. For how many years was it kept?
  20. 20.₹4000 earns ₹600 simple interest at 3% a year. For how many years was it kept?
  21. 21.₹2500 earns ₹100 simple interest at 4% a year. For how many years was it kept?
  22. 22.₹500 earns ₹50 simple interest in 1 year. What is the rate of interest per year, in percent?
  23. 23.Aarav keeps ₹4000 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  24. 24.Meera keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 2 years?
  25. 25.₹3000 earns ₹240 simple interest in 4 years. What is the rate of interest per year, in percent?
  26. 26.Ishaan keeps ₹5000 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  27. 27.Anaya keeps ₹2000 in a bank at 11% simple interest a year. What is the total amount after 1 year, in rupees?
  28. 28.₹1500 earns ₹375 simple interest in 5 years. What is the rate of interest per year, in percent?
  29. 29.₹500 earns ₹55 simple interest at 11% a year. For how many years was it kept?
  30. 30.Dev keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  31. 31.Ishaan keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  32. 32.Riya keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Riya get in 4 years?
  33. 33.₹5000 earns ₹2200 simple interest at 11% a year. For how many years was it kept?
  34. 34.₹3000 earns ₹1050 simple interest in 5 years. What is the rate of interest per year, in percent?
  35. 35.Aarav keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  36. 36.Sara keeps ₹5000 in a bank at 8% simple interest a year. How many rupees of interest does Sara get in 1 year?
  37. 37.₹5000 earns ₹1000 simple interest in 4 years. What is the rate of interest per year, in percent?
  38. 38.Arjun keeps ₹2000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  39. 39.Dev keeps ₹4000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  40. 40.Meera keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?

Answer key

  1. 4
  2. 3
  3. 3
  4. 3
  5. 2650
  6. 3360
  7. 2
  8. 1
  9. 480
  10. 11
  11. 360
  12. 2660
  13. 560
  14. 1100
  15. 3
  16. 3
  17. 180
  18. 8
  19. 3
  20. 5
  21. 1
  22. 10
  23. 4440
  24. 640
  25. 2
  26. 7500
  27. 2220
  28. 5
  29. 1
  30. 3900
  31. 180
  32. 440
  33. 4
  34. 7
  35. 5300
  36. 400
  37. 5
  38. 2200
  39. 5920
  40. 4400

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