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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 985 · 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.₹4000 earns ₹1440 simple interest at 12% a year. For how many years was it kept?
  2. 2.Diya keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  3. 3.Aarav keeps ₹2500 in a bank at 9% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  4. 4.₹2500 earns ₹75 simple interest in 1 year. What is the rate of interest per year, in percent?
  5. 5.Diya keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Diya get in 5 years?
  6. 6.₹3000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  7. 7.Sara keeps ₹2500 in a bank at 7% simple interest a year. How many rupees of interest does Sara get in 2 years?
  8. 8.Anaya keeps ₹3000 in a bank at 12% simple interest a year. What is the total amount after 4 years, in rupees?
  9. 9.Riya keeps ₹1000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  10. 10.Aarav keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  11. 11.₹1000 earns ₹150 simple interest in 3 years. What is the rate of interest per year, in percent?
  12. 12.₹1500 earns ₹495 simple interest at 11% a year. For how many years was it kept?
  13. 13.₹500 earns ₹80 simple interest at 8% a year. For how many years was it kept?
  14. 14.₹3000 earns ₹120 simple interest at 2% a year. For how many years was it kept?
  15. 15.Kabir keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Kabir get in 3 years?
  16. 16.Sara keeps ₹2000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 5 years?
  17. 17.Isha keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Isha get in 1 year?
  18. 18.₹500 earns ₹100 simple interest in 5 years. What is the rate of interest per year, in percent?
  19. 19.₹5000 earns ₹600 simple interest at 4% a year. For how many years was it kept?
  20. 20.Diya keeps ₹500 in a bank at 5% simple interest a year. How many rupees of interest does Diya get in 3 years?
  21. 21.₹3000 earns ₹300 simple interest in 1 year. What is the rate of interest per year, in percent?
  22. 22.Aarav keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  23. 23.₹1000 earns ₹70 simple interest at 7% a year. For how many years was it kept?
  24. 24.₹2500 earns ₹900 simple interest at 12% a year. For how many years was it kept?
  25. 25.Aarav keeps ₹1500 in a bank at 2% simple interest a year. How many rupees of interest does Aarav get in 1 year?
  26. 26.₹2500 earns ₹1125 simple interest at 9% a year. For how many years was it kept?
  27. 27.Diya keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  28. 28.₹500 earns ₹45 simple interest at 9% a year. For how many years was it kept?
  29. 29.Isha keeps ₹3000 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  30. 30.Rohan keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  31. 31.₹2000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  32. 32.₹2000 earns ₹240 simple interest at 4% a year. For how many years was it kept?
  33. 33.₹2000 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  34. 34.Sara keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 3 years?
  35. 35.₹500 earns ₹250 simple interest at 10% a year. For how many years was it kept?
  36. 36.Aarav keeps ₹500 in a bank at 2% simple interest a year. What is the total amount after 1 year, in rupees?
  37. 37.₹1000 earns ₹160 simple interest at 8% a year. For how many years was it kept?
  38. 38.₹4000 earns ₹1200 simple interest at 6% a year. For how many years was it kept?
  39. 39.Kabir keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  40. 40.Sara keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?

Answer key

  1. 3
  2. 1545
  3. 225
  4. 3
  5. 1000
  6. 4
  7. 350
  8. 4440
  9. 1070
  10. 2800
  11. 5
  12. 3
  13. 2
  14. 2
  15. 60
  16. 200
  17. 160
  18. 4
  19. 3
  20. 75
  21. 10
  22. 500
  23. 1
  24. 3
  25. 30
  26. 5
  27. 1240
  28. 1
  29. 3600
  30. 270
  31. 3
  32. 3
  33. 1
  34. 225
  35. 5
  36. 510
  37. 2
  38. 5
  39. 375
  40. 1200

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