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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 992 · 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.₹1500 earns ₹450 simple interest at 10% a year. For how many years was it kept?
  2. 2.Anaya keeps ₹1500 in a bank at 4% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  3. 3.₹1500 earns ₹375 simple interest at 5% a year. For how many years was it kept?
  4. 4.₹500 earns ₹120 simple interest in 2 years. What is the rate of interest per year, in percent?
  5. 5.₹2500 earns ₹700 simple interest in 4 years. What is the rate of interest per year, in percent?
  6. 6.Dev keeps ₹3000 in a bank at 2% simple interest a year. How many rupees of interest does Dev get in 1 year?
  7. 7.Sara keeps ₹3000 in a bank at 7% simple interest a year. How many rupees of interest does Sara get in 2 years?
  8. 8.Ishaan keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  9. 9.Meera keeps ₹3000 in a bank at 8% simple interest a year. How many rupees of interest does Meera get in 4 years?
  10. 10.₹500 earns ₹175 simple interest at 7% a year. For how many years was it kept?
  11. 11.Isha keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 4 years, in rupees?
  12. 12.Isha keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Isha get in 4 years?
  13. 13.Dev keeps ₹2500 in a bank at 3% simple interest a year. What is the total amount after 5 years, in rupees?
  14. 14.₹5000 earns ₹400 simple interest in 2 years. What is the rate of interest per year, in percent?
  15. 15.₹2500 earns ₹750 simple interest in 5 years. What is the rate of interest per year, in percent?
  16. 16.Rohan keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Rohan get in 1 year?
  17. 17.Meera keeps ₹500 in a bank at 5% simple interest a year. What is the total amount after 4 years, in rupees?
  18. 18.Rohan keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 4 years, in rupees?
  19. 19.₹1000 earns ₹270 simple interest at 9% a year. For how many years was it kept?
  20. 20.Dev keeps ₹3000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  21. 21.Aarav keeps ₹3000 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  22. 22.₹500 earns ₹55 simple interest at 11% a year. For how many years was it kept?
  23. 23.Riya keeps ₹4000 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  24. 24.Kabir keeps ₹1500 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  25. 25.Riya keeps ₹1500 in a bank at 5% simple interest a year. How many rupees of interest does Riya get in 5 years?
  26. 26.Arjun keeps ₹4000 in a bank at 5% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  27. 27.Meera keeps ₹2500 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  28. 28.₹3000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  29. 29.Dev keeps ₹1500 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  30. 30.Ishaan keeps ₹500 in a bank at 7% simple interest a year. What is the total amount after 5 years, in rupees?
  31. 31.Anaya keeps ₹3000 in a bank at 7% simple interest a year. How many rupees of interest does Anaya get in 3 years?
  32. 32.₹1500 earns ₹750 simple interest at 10% a year. For how many years was it kept?
  33. 33.Kabir keeps ₹5000 in a bank at 8% simple interest a year. What is the total amount after 3 years, in rupees?
  34. 34.Rohan keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Rohan get in 3 years?
  35. 35.Dev keeps ₹2500 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 5 years?
  36. 36.₹1500 earns ₹60 simple interest at 4% a year. For how many years was it kept?
  37. 37.₹2500 earns ₹450 simple interest in 3 years. What is the rate of interest per year, in percent?
  38. 38.₹3000 earns ₹600 simple interest at 10% a year. For how many years was it kept?
  39. 39.₹4000 earns ₹1280 simple interest at 8% a year. For how many years was it kept?
  40. 40.₹4000 earns ₹240 simple interest at 3% a year. For how many years was it kept?

Answer key

  1. 3
  2. 120
  3. 5
  4. 12
  5. 7
  6. 60
  7. 420
  8. 3660
  9. 960
  10. 5
  11. 5600
  12. 300
  13. 2875
  14. 4
  15. 6
  16. 70
  17. 600
  18. 1400
  19. 3
  20. 3150
  21. 3240
  22. 1
  23. 4400
  24. 1950
  25. 375
  26. 800
  27. 3500
  28. 4
  29. 2025
  30. 675
  31. 630
  32. 5
  33. 6200
  34. 60
  35. 500
  36. 1
  37. 6
  38. 2
  39. 4
  40. 2

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