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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 983 · 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.₹1000 earns ₹80 simple interest at 8% a year. For how many years was it kept?
  2. 2.₹2500 earns ₹800 simple interest in 4 years. What is the rate of interest per year, in percent?
  3. 3.Dev keeps ₹2000 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 2 years?
  4. 4.₹1000 earns ₹140 simple interest at 7% a year. For how many years was it kept?
  5. 5.Meera keeps ₹500 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  6. 6.₹3000 earns ₹810 simple interest at 9% a year. For how many years was it kept?
  7. 7.Meera keeps ₹4000 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  8. 8.Rohan keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  9. 9.Arjun keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  10. 10.Diya keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Diya get in 5 years?
  11. 11.₹4000 earns ₹1280 simple interest in 4 years. What is the rate of interest per year, in percent?
  12. 12.₹2500 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  13. 13.Kabir keeps ₹5000 in a bank at 5% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  14. 14.₹1000 earns ₹70 simple interest in 1 year. What is the rate of interest per year, in percent?
  15. 15.₹1000 earns ₹440 simple interest in 4 years. What is the rate of interest per year, in percent?
  16. 16.Sara keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  17. 17.Diya keeps ₹500 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 4 years?
  18. 18.₹5000 earns ₹1750 simple interest at 7% a year. For how many years was it kept?
  19. 19.Isha keeps ₹2000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  20. 20.₹1500 earns ₹225 simple interest at 5% a year. For how many years was it kept?
  21. 21.₹5000 earns ₹1000 simple interest in 2 years. What is the rate of interest per year, in percent?
  22. 22.₹4000 earns ₹360 simple interest at 3% a year. For how many years was it kept?
  23. 23.Dev keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  24. 24.₹1500 earns ₹60 simple interest in 2 years. What is the rate of interest per year, in percent?
  25. 25.₹2500 earns ₹750 simple interest in 3 years. What is the rate of interest per year, in percent?
  26. 26.₹1500 earns ₹90 simple interest at 6% a year. For how many years was it kept?
  27. 27.₹4000 earns ₹120 simple interest at 3% a year. For how many years was it kept?
  28. 28.Ishaan keeps ₹3000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  29. 29.₹2500 earns ₹300 simple interest at 3% a year. For how many years was it kept?
  30. 30.Riya keeps ₹3000 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  31. 31.₹3000 earns ₹450 simple interest at 5% a year. For how many years was it kept?
  32. 32.Sara keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 3 years?
  33. 33.Meera keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  34. 34.Riya keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 4 years, in rupees?
  35. 35.Sara keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Sara get in 4 years?
  36. 36.₹1500 earns ₹105 simple interest at 7% a year. For how many years was it kept?
  37. 37.Arjun keeps ₹2500 in a bank at 10% simple interest a year. How many rupees of interest does Arjun get in 5 years?
  38. 38.₹2000 earns ₹1100 simple interest at 11% a year. For how many years was it kept?
  39. 39.₹5000 earns ₹300 simple interest in 1 year. What is the rate of interest per year, in percent?
  40. 40.₹4000 earns ₹960 simple interest at 8% a year. For how many years was it kept?

Answer key

  1. 1
  2. 8
  3. 160
  4. 2
  5. 560
  6. 3
  7. 4120
  8. 1560
  9. 2725
  10. 600
  11. 8
  12. 4
  13. 500
  14. 7
  15. 11
  16. 2875
  17. 60
  18. 5
  19. 2240
  20. 3
  21. 10
  22. 3
  23. 3100
  24. 2
  25. 10
  26. 1
  27. 1
  28. 3180
  29. 4
  30. 4500
  31. 3
  32. 30
  33. 1200
  34. 640
  35. 200
  36. 1
  37. 1250
  38. 5
  39. 6
  40. 3

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