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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 986 · 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 ₹40 simple interest at 2% a year. For how many years was it kept?
  2. 2.₹2000 earns ₹720 simple interest in 3 years. What is the rate of interest per year, in percent?
  3. 3.₹4000 earns ₹240 simple interest in 3 years. What is the rate of interest per year, in percent?
  4. 4.₹500 earns ₹30 simple interest in 1 year. What is the rate of interest per year, in percent?
  5. 5.Aarav keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Aarav get in 5 years?
  6. 6.₹500 earns ₹90 simple interest at 6% a year. For how many years was it kept?
  7. 7.₹1000 earns ₹60 simple interest at 6% a year. For how many years was it kept?
  8. 8.Arjun keeps ₹1000 in a bank at 11% simple interest a year. How many rupees of interest does Arjun get in 3 years?
  9. 9.Riya keeps ₹5000 in a bank at 11% simple interest a year. How many rupees of interest does Riya get in 2 years?
  10. 10.Ishaan keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  11. 11.₹1000 earns ₹200 simple interest in 2 years. What is the rate of interest per year, in percent?
  12. 12.Dev keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  13. 13.₹1500 earns ₹150 simple interest at 2% a year. For how many years was it kept?
  14. 14.₹5000 earns ₹500 simple interest in 5 years. What is the rate of interest per year, in percent?
  15. 15.₹3000 earns ₹1200 simple interest in 4 years. What is the rate of interest per year, in percent?
  16. 16.₹1000 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  17. 17.₹4000 earns ₹1320 simple interest in 3 years. What is the rate of interest per year, in percent?
  18. 18.₹1000 earns ₹300 simple interest at 10% a year. For how many years was it kept?
  19. 19.₹2000 earns ₹220 simple interest at 11% a year. For how many years was it kept?
  20. 20.₹3000 earns ₹450 simple interest in 5 years. What is the rate of interest per year, in percent?
  21. 21.Rohan keeps ₹1000 in a bank at 12% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  22. 22.Arjun keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  23. 23.₹4000 earns ₹640 simple interest at 4% a year. For how many years was it kept?
  24. 24.Rohan keeps ₹1000 in a bank at 9% simple interest a year. What is the total amount after 2 years, in rupees?
  25. 25.₹4000 earns ₹280 simple interest in 1 year. What is the rate of interest per year, in percent?
  26. 26.₹1500 earns ₹360 simple interest in 4 years. What is the rate of interest per year, in percent?
  27. 27.Dev keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Dev get in 4 years?
  28. 28.Aarav keeps ₹1500 in a bank at 10% simple interest a year. How many rupees of interest does Aarav get in 2 years?
  29. 29.Riya keeps ₹4000 in a bank at 5% simple interest a year. What is the total amount after 3 years, in rupees?
  30. 30.Riya keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  31. 31.Meera keeps ₹3000 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  32. 32.Ishaan keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Ishaan get in 2 years?
  33. 33.₹1000 earns ₹210 simple interest in 3 years. What is the rate of interest per year, in percent?
  34. 34.Diya keeps ₹3000 in a bank at 5% simple interest a year. What is the total amount after 5 years, in rupees?
  35. 35.₹2500 earns ₹900 simple interest in 3 years. What is the rate of interest per year, in percent?
  36. 36.Dev keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Dev get in 2 years?
  37. 37.₹2000 earns ₹140 simple interest at 7% a year. For how many years was it kept?
  38. 38.₹1500 earns ₹600 simple interest at 8% a year. For how many years was it kept?
  39. 39.₹3000 earns ₹960 simple interest in 4 years. What is the rate of interest per year, in percent?
  40. 40.Riya keeps ₹3000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 2 years?

Answer key

  1. 4
  2. 12
  3. 2
  4. 6
  5. 225
  6. 3
  7. 1
  8. 330
  9. 1100
  10. 6800
  11. 10
  12. 5300
  13. 5
  14. 2
  15. 10
  16. 2
  17. 11
  18. 3
  19. 1
  20. 3
  21. 240
  22. 1725
  23. 4
  24. 1180
  25. 7
  26. 6
  27. 180
  28. 300
  29. 4600
  30. 1080
  31. 3750
  32. 150
  33. 7
  34. 3750
  35. 12
  36. 660
  37. 1
  38. 5
  39. 8
  40. 240

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