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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 989 · 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 ₹15 simple interest at 3% a year. For how many years was it kept?
  2. 2.Aarav keeps ₹1000 in a bank at 4% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  3. 3.Riya keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  4. 4.Kabir keeps ₹1500 in a bank at 7% simple interest a year. How many rupees of interest does Kabir get in 5 years?
  5. 5.₹1000 earns ₹240 simple interest in 3 years. What is the rate of interest per year, in percent?
  6. 6.Riya keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 1 year?
  7. 7.₹500 earns ₹175 simple interest at 7% a year. For how many years was it kept?
  8. 8.₹1500 earns ₹720 simple interest in 4 years. What is the rate of interest per year, in percent?
  9. 9.Riya keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 1 year?
  10. 10.₹2000 earns ₹80 simple interest in 2 years. What is the rate of interest per year, in percent?
  11. 11.₹500 earns ₹20 simple interest at 4% a year. For how many years was it kept?
  12. 12.₹3000 earns ₹600 simple interest in 2 years. What is the rate of interest per year, in percent?
  13. 13.₹1500 earns ₹240 simple interest at 8% a year. For how many years was it kept?
  14. 14.₹2000 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  15. 15.₹5000 earns ₹600 simple interest in 2 years. What is the rate of interest per year, in percent?
  16. 16.Diya keeps ₹5000 in a bank at 3% simple interest a year. How many rupees of interest does Diya get in 4 years?
  17. 17.Arjun keeps ₹1000 in a bank at 3% simple interest a year. What is the total amount after 2 years, in rupees?
  18. 18.₹1500 earns ₹300 simple interest in 4 years. What is the rate of interest per year, in percent?
  19. 19.Kabir keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 1 year, in rupees?
  20. 20.Sara keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Sara get in 1 year?
  21. 21.Aarav keeps ₹500 in a bank at 11% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  22. 22.Sara keeps ₹1000 in a bank at 10% simple interest a year. How many rupees of interest does Sara get in 1 year?
  23. 23.Isha keeps ₹500 in a bank at 6% simple interest a year. What is the total amount after 4 years, in rupees?
  24. 24.Kabir keeps ₹500 in a bank at 9% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  25. 25.₹2500 earns ₹400 simple interest at 8% a year. For how many years was it kept?
  26. 26.Meera keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 1 year?
  27. 27.Rohan keeps ₹5000 in a bank at 6% simple interest a year. How many rupees of interest does Rohan get in 4 years?
  28. 28.Aarav keeps ₹4000 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  29. 29.₹2000 earns ₹420 simple interest in 3 years. What is the rate of interest per year, in percent?
  30. 30.Arjun keeps ₹1000 in a bank at 5% simple interest a year. What is the total amount after 2 years, in rupees?
  31. 31.Aarav keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Aarav get in 4 years?
  32. 32.₹1000 earns ₹30 simple interest at 3% a year. For how many years was it kept?
  33. 33.Rohan keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  34. 34.Aarav keeps ₹2000 in a bank at 2% simple interest a year. What is the total amount after 2 years, in rupees?
  35. 35.₹2500 earns ₹250 simple interest in 2 years. What is the rate of interest per year, in percent?
  36. 36.Meera keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  37. 37.Anaya keeps ₹1500 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  38. 38.Dev keeps ₹1000 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  39. 39.₹2000 earns ₹400 simple interest in 4 years. What is the rate of interest per year, in percent?
  40. 40.Arjun keeps ₹5000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?

Answer key

  1. 1
  2. 160
  3. 560
  4. 525
  5. 8
  6. 30
  7. 5
  8. 12
  9. 20
  10. 2
  11. 1
  12. 10
  13. 2
  14. 10
  15. 6
  16. 600
  17. 1060
  18. 5
  19. 2575
  20. 360
  21. 220
  22. 100
  23. 620
  24. 90
  25. 2
  26. 20
  27. 1200
  28. 4960
  29. 7
  30. 1100
  31. 720
  32. 1
  33. 60
  34. 2080
  35. 5
  36. 5700
  37. 1635
  38. 1060
  39. 5
  40. 5400

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