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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 994 · 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.₹2500 earns ₹375 simple interest at 3% a year. For how many years was it kept?
  2. 2.Dev keeps ₹5000 in a bank at 3% simple interest a year. What is the total amount after 3 years, in rupees?
  3. 3.₹3000 earns ₹300 simple interest at 10% a year. For how many years was it kept?
  4. 4.Aarav keeps ₹2000 in a bank at 8% simple interest a year. What is the total amount after 1 year, in rupees?
  5. 5.Kabir keeps ₹3000 in a bank at 6% simple interest a year. What is the total amount after 2 years, in rupees?
  6. 6.₹5000 earns ₹900 simple interest in 2 years. What is the rate of interest per year, in percent?
  7. 7.Rohan keeps ₹3000 in a bank at 11% simple interest a year. What is the total amount after 2 years, in rupees?
  8. 8.Rohan keeps ₹500 in a bank at 2% simple interest a year. How many rupees of interest does Rohan get in 2 years?
  9. 9.₹500 earns ₹50 simple interest in 5 years. What is the rate of interest per year, in percent?
  10. 10.₹500 earns ₹100 simple interest in 5 years. What is the rate of interest per year, in percent?
  11. 11.₹500 earns ₹15 simple interest in 1 year. What is the rate of interest per year, in percent?
  12. 12.Riya keeps ₹2500 in a bank at 3% simple interest a year. How many rupees of interest does Riya get in 4 years?
  13. 13.Riya keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Riya get in 4 years?
  14. 14.₹4000 earns ₹240 simple interest in 1 year. What is the rate of interest per year, in percent?
  15. 15.Riya keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 5 years, in rupees?
  16. 16.₹1500 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  17. 17.₹4000 earns ₹960 simple interest in 4 years. What is the rate of interest per year, in percent?
  18. 18.₹2500 earns ₹150 simple interest at 3% a year. For how many years was it kept?
  19. 19.₹1000 earns ₹70 simple interest at 7% a year. For how many years was it kept?
  20. 20.Dev keeps ₹1500 in a bank at 11% simple interest a year. What is the total amount after 3 years, in rupees?
  21. 21.Ishaan keeps ₹1000 in a bank at 2% simple interest a year. What is the total amount after 3 years, in rupees?
  22. 22.₹3000 earns ₹600 simple interest in 5 years. What is the rate of interest per year, in percent?
  23. 23.Riya keeps ₹2000 in a bank at 8% simple interest a year. How many rupees of interest does Riya get in 5 years?
  24. 24.₹5000 earns ₹700 simple interest in 2 years. What is the rate of interest per year, in percent?
  25. 25.₹4000 earns ₹1760 simple interest at 11% a year. For how many years was it kept?
  26. 26.Isha keeps ₹1000 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  27. 27.Meera keeps ₹5000 in a bank at 7% simple interest a year. What is the total amount after 2 years, in rupees?
  28. 28.₹2000 earns ₹160 simple interest at 2% a year. For how many years was it kept?
  29. 29.Rohan keeps ₹5000 in a bank at 4% simple interest a year. How many rupees of interest does Rohan get in 5 years?
  30. 30.₹2500 earns ₹1375 simple interest in 5 years. What is the rate of interest per year, in percent?
  31. 31.₹1500 earns ₹150 simple interest at 5% a year. For how many years was it kept?
  32. 32.Dev keeps ₹4000 in a bank at 12% simple interest a year. How many rupees of interest does Dev get in 5 years?
  33. 33.Sara keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Sara get in 3 years?
  34. 34.₹1500 earns ₹180 simple interest at 3% a year. For how many years was it kept?
  35. 35.Riya keeps ₹1500 in a bank at 2% simple interest a year. What is the total amount after 5 years, in rupees?
  36. 36.₹500 earns ₹20 simple interest at 4% a year. For how many years was it kept?
  37. 37.Sara keeps ₹3000 in a bank at 5% simple interest a year. What is the total amount after 1 year, in rupees?
  38. 38.Sara keeps ₹2000 in a bank at 7% simple interest a year. How many rupees of interest does Sara get in 3 years?
  39. 39.Anaya keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Anaya get in 2 years?
  40. 40.₹1000 earns ₹100 simple interest at 5% a year. For how many years was it kept?

Answer key

  1. 5
  2. 5450
  3. 1
  4. 2160
  5. 3360
  6. 9
  7. 3660
  8. 20
  9. 2
  10. 4
  11. 3
  12. 300
  13. 200
  14. 6
  15. 1500
  16. 8
  17. 6
  18. 2
  19. 1
  20. 1995
  21. 1060
  22. 4
  23. 800
  24. 7
  25. 4
  26. 1300
  27. 5700
  28. 4
  29. 1000
  30. 11
  31. 2
  32. 2400
  33. 90
  34. 4
  35. 1650
  36. 1
  37. 3150
  38. 420
  39. 40
  40. 2

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