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Simple Interest Worksheet

Quantitative aptitude lesson 14: Simple interest · Set 442 · 40 questions
TalentJR

The method (PRT over 100): SI = P × R × T ÷ 100. Amount = P + SI. Rate R = SI × 100 ÷ (P × T). Time T = SI × 100 ÷ (P × R). Principal P = SI × 100 ÷ (R × T).

NameDateTime takenScore ___ / 40
  1. 1.Diya puts ₹17900 in a bank at 6% simple interest per year. How much will she have after 5 years (in ₹)?
  2. 2.The simple interest on ₹3100 for 4 years is ₹1612. What is the rate of interest (% per year)?
  3. 3.The simple interest on ₹6400 for 5 years is ₹1600. What is the rate of interest (% per year)?
  4. 4.What sum of money earns ₹5400 simple interest in 3 years at 15% per year (in ₹)?
  5. 5.What sum of money earns ₹282 simple interest in 1 year at 6% per year (in ₹)?
  6. 6.In how many years will ₹13600 earn ₹272 as simple interest at 2% per year?
  7. 7.In how many years will ₹11600 earn ₹6960 as simple interest at 15% per year?
  8. 8.Diya puts ₹7200 in a bank at 14% simple interest per year. How much will she have after 3 years (in ₹)?
  9. 9.In how many years will ₹4800 earn ₹192 as simple interest at 4% per year?
  10. 10.The simple interest on ₹17100 for 3 years is ₹3591. What is the rate of interest (% per year)?
  11. 11.Find the simple interest on ₹11700 at 7% per year for 1 year (in ₹).
  12. 12.Diya puts ₹2800 in a bank at 14% simple interest per year. How much will she have after 2 years (in ₹)?
  13. 13.The simple interest on ₹17900 for 2 years is ₹2506. What is the rate of interest (% per year)?
  14. 14.Diya puts ₹14100 in a bank at 8% simple interest per year. How much will she have after 3 years (in ₹)?
  15. 15.The simple interest on ₹500 for 5 years is ₹300. What is the rate of interest (% per year)?
  16. 16.The simple interest on ₹15700 for 2 years is ₹1570. What is the rate of interest (% per year)?
  17. 17.What sum of money earns ₹220 simple interest in 1 year at 2% per year (in ₹)?
  18. 18.What sum of money earns ₹2910 simple interest in 1 year at 15% per year (in ₹)?
  19. 19.Find the simple interest on ₹16500 at 12% per year for 3 years (in ₹).
  20. 20.In how many years will ₹18000 earn ₹1440 as simple interest at 2% per year?
  21. 21.What sum of money earns ₹948 simple interest in 4 years at 3% per year (in ₹)?
  22. 22.What sum of money earns ₹644 simple interest in 1 year at 7% per year (in ₹)?
  23. 23.In how many years will ₹11600 earn ₹696 as simple interest at 6% per year?
  24. 24.In how many years will ₹13400 earn ₹2680 as simple interest at 10% per year?
  25. 25.The simple interest on ₹3700 for 4 years is ₹296. What is the rate of interest (% per year)?
  26. 26.The simple interest on ₹1800 for 3 years is ₹594. What is the rate of interest (% per year)?
  27. 27.Diya puts ₹15100 in a bank at 4% simple interest per year. How much will she have after 1 year (in ₹)?
  28. 28.The simple interest on ₹1200 for 4 years is ₹240. What is the rate of interest (% per year)?
  29. 29.Find the simple interest on ₹11000 at 8% per year for 5 years (in ₹).
  30. 30.Diya puts ₹18300 in a bank at 3% simple interest per year. How much will she have after 1 year (in ₹)?
  31. 31.Find the simple interest on ₹5400 at 14% per year for 4 years (in ₹).
  32. 32.In how many years will ₹8600 earn ₹6450 as simple interest at 15% per year?
  33. 33.The simple interest on ₹19300 for 2 years is ₹3088. What is the rate of interest (% per year)?
  34. 34.Diya puts ₹1500 in a bank at 12% simple interest per year. How much will she have after 5 years (in ₹)?
  35. 35.In how many years will ₹6000 earn ₹960 as simple interest at 4% per year?
  36. 36.What sum of money earns ₹6292 simple interest in 4 years at 13% per year (in ₹)?
  37. 37.Diya puts ₹8000 in a bank at 3% simple interest per year. How much will she have after 5 years (in ₹)?
  38. 38.Diya puts ₹2200 in a bank at 6% simple interest per year. How much will she have after 2 years (in ₹)?
  39. 39.Find the simple interest on ₹13200 at 10% per year for 3 years (in ₹).
  40. 40.The simple interest on ₹6600 for 4 years is ₹1584. What is the rate of interest (% per year)?

Answer key

  1. 23270
  2. 13
  3. 5
  4. 12000
  5. 4700
  6. 1
  7. 4
  8. 10224
  9. 1
  10. 7
  11. 819
  12. 3584
  13. 7
  14. 17484
  15. 12
  16. 5
  17. 11000
  18. 19400
  19. 5940
  20. 4
  21. 7900
  22. 9200
  23. 1
  24. 2
  25. 2
  26. 11
  27. 15704
  28. 5
  29. 4400
  30. 18849
  31. 3024
  32. 5
  33. 8
  34. 2400
  35. 4
  36. 12100
  37. 9200
  38. 2464
  39. 3960
  40. 6

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