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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 980 · 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 ₹900 simple interest at 9% a year. For how many years was it kept?
  2. 2.₹4000 earns ₹800 simple interest at 10% a year. For how many years was it kept?
  3. 3.Meera keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 4 years?
  4. 4.₹500 earns ₹45 simple interest at 9% a year. For how many years was it kept?
  5. 5.₹1500 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  6. 6.Diya keeps ₹4000 in a bank at 8% simple interest a year. How many rupees of interest does Diya get in 3 years?
  7. 7.₹5000 earns ₹1350 simple interest in 3 years. What is the rate of interest per year, in percent?
  8. 8.₹2000 earns ₹540 simple interest at 9% a year. For how many years was it kept?
  9. 9.Meera keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  10. 10.Rohan keeps ₹2000 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  11. 11.₹1500 earns ₹180 simple interest at 6% a year. For how many years was it kept?
  12. 12.₹1500 earns ₹240 simple interest at 8% a year. For how many years was it kept?
  13. 13.Arjun keeps ₹500 in a bank at 10% simple interest a year. What is the total amount after 2 years, in rupees?
  14. 14.Sara keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Sara get in 3 years?
  15. 15.Isha keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Isha get in 5 years?
  16. 16.₹3000 earns ₹540 simple interest in 3 years. What is the rate of interest per year, in percent?
  17. 17.₹1000 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  18. 18.₹3000 earns ₹600 simple interest at 4% a year. For how many years was it kept?
  19. 19.₹4000 earns ₹1600 simple interest in 4 years. What is the rate of interest per year, in percent?
  20. 20.Rohan keeps ₹2000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  21. 21.₹1500 earns ₹330 simple interest at 11% a year. For how many years was it kept?
  22. 22.Isha keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  23. 23.₹1500 earns ₹60 simple interest at 2% a year. For how many years was it kept?
  24. 24.₹1000 earns ₹300 simple interest in 5 years. What is the rate of interest per year, in percent?
  25. 25.Sara keeps ₹500 in a bank at 12% simple interest a year. How many rupees of interest does Sara get in 3 years?
  26. 26.₹2000 earns ₹720 simple interest at 9% a year. For how many years was it kept?
  27. 27.₹2500 earns ₹500 simple interest at 10% a year. For how many years was it kept?
  28. 28.₹500 earns ₹50 simple interest at 2% a year. For how many years was it kept?
  29. 29.Aarav keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  30. 30.₹4000 earns ₹880 simple interest at 11% a year. For how many years was it kept?
  31. 31.Isha keeps ₹500 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  32. 32.Kabir keeps ₹1500 in a bank at 6% simple interest a year. How many rupees of interest does Kabir get in 4 years?
  33. 33.₹500 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  34. 34.Arjun keeps ₹4000 in a bank at 10% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  35. 35.₹2000 earns ₹400 simple interest in 5 years. What is the rate of interest per year, in percent?
  36. 36.Anaya keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  37. 37.₹500 earns ₹70 simple interest in 2 years. What is the rate of interest per year, in percent?
  38. 38.₹2000 earns ₹240 simple interest at 6% a year. For how many years was it kept?
  39. 39.Dev keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Dev get in 3 years?
  40. 40.₹3000 earns ₹300 simple interest in 2 years. What is the rate of interest per year, in percent?

Answer key

  1. 5
  2. 2
  3. 1440
  4. 1
  5. 4
  6. 960
  7. 9
  8. 3
  9. 4360
  10. 120
  11. 2
  12. 2
  13. 600
  14. 180
  15. 1500
  16. 6
  17. 5
  18. 5
  19. 10
  20. 2240
  21. 2
  22. 620
  23. 2
  24. 6
  25. 180
  26. 4
  27. 2
  28. 5
  29. 30
  30. 2
  31. 600
  32. 360
  33. 4
  34. 2000
  35. 4
  36. 740
  37. 7
  38. 2
  39. 720
  40. 5

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