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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 990 · 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 ₹880 simple interest at 11% a year. For how many years was it kept?
  2. 2.Isha keeps ₹2500 in a bank at 6% simple interest a year. What is the total amount after 1 year, in rupees?
  3. 3.₹1500 earns ₹120 simple interest in 4 years. What is the rate of interest per year, in percent?
  4. 4.Meera keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Meera get in 1 year?
  5. 5.₹4000 earns ₹1200 simple interest in 5 years. What is the rate of interest per year, in percent?
  6. 6.Ishaan keeps ₹2000 in a bank at 10% simple interest a year. How many rupees of interest does Ishaan get in 1 year?
  7. 7.Diya keeps ₹3000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  8. 8.Dev keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Dev get in 3 years?
  9. 9.Riya keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  10. 10.₹4000 earns ₹640 simple interest in 4 years. What is the rate of interest per year, in percent?
  11. 11.₹1000 earns ₹200 simple interest at 10% a year. For how many years was it kept?
  12. 12.₹1000 earns ₹240 simple interest at 6% a year. For how many years was it kept?
  13. 13.₹1000 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  14. 14.Sara keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Sara get in 4 years?
  15. 15.₹5000 earns ₹500 simple interest at 2% a year. For how many years was it kept?
  16. 16.Riya keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Riya get in 4 years?
  17. 17.Riya keeps ₹1000 in a bank at 6% simple interest a year. How many rupees of interest does Riya get in 2 years?
  18. 18.₹1500 earns ₹270 simple interest in 2 years. What is the rate of interest per year, in percent?
  19. 19.₹4000 earns ₹1440 simple interest in 3 years. What is the rate of interest per year, in percent?
  20. 20.Ishaan keeps ₹500 in a bank at 12% simple interest a year. What is the total amount after 2 years, in rupees?
  21. 21.Ishaan keeps ₹3000 in a bank at 11% simple interest a year. How many rupees of interest does Ishaan get in 3 years?
  22. 22.Meera keeps ₹3000 in a bank at 9% simple interest a year. How many rupees of interest does Meera get in 3 years?
  23. 23.Arjun keeps ₹5000 in a bank at 8% simple interest a year. How many rupees of interest does Arjun get in 1 year?
  24. 24.Isha keeps ₹5000 in a bank at 8% simple interest a year. How many rupees of interest does Isha get in 1 year?
  25. 25.₹1500 earns ₹225 simple interest in 3 years. What is the rate of interest per year, in percent?
  26. 26.Ishaan keeps ₹4000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  27. 27.₹2500 earns ₹450 simple interest at 6% a year. For how many years was it kept?
  28. 28.₹2500 earns ₹1000 simple interest at 8% a year. For how many years was it kept?
  29. 29.Ishaan keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  30. 30.Diya keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 1 year, in rupees?
  31. 31.Diya keeps ₹1000 in a bank at 4% simple interest a year. What is the total amount after 5 years, in rupees?
  32. 32.₹4000 earns ₹320 simple interest in 4 years. What is the rate of interest per year, in percent?
  33. 33.Dev keeps ₹5000 in a bank at 12% simple interest a year. What is the total amount after 5 years, in rupees?
  34. 34.Riya keeps ₹3000 in a bank at 9% simple interest a year. What is the total amount after 5 years, in rupees?
  35. 35.₹1000 earns ₹350 simple interest at 7% a year. For how many years was it kept?
  36. 36.₹2500 earns ₹750 simple interest at 10% a year. For how many years was it kept?
  37. 37.₹2000 earns ₹500 simple interest in 5 years. What is the rate of interest per year, in percent?
  38. 38.₹2500 earns ₹225 simple interest in 1 year. What is the rate of interest per year, in percent?
  39. 39.₹1500 earns ₹675 simple interest at 9% a year. For how many years was it kept?
  40. 40.Riya keeps ₹1500 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 1 year?

Answer key

  1. 2
  2. 2650
  3. 2
  4. 100
  5. 6
  6. 200
  7. 3240
  8. 900
  9. 1080
  10. 4
  11. 2
  12. 4
  13. 5
  14. 240
  15. 5
  16. 800
  17. 120
  18. 9
  19. 12
  20. 620
  21. 990
  22. 810
  23. 400
  24. 400
  25. 5
  26. 5800
  27. 3
  28. 5
  29. 6800
  30. 5350
  31. 1200
  32. 2
  33. 8000
  34. 4350
  35. 5
  36. 3
  37. 5
  38. 9
  39. 5
  40. 180

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