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Simple Interest - WS

The document contains 19 math problems related to calculating simple interest. It asks the student to calculate simple interest, principal amounts, interest rates, and time periods using the simple interest formula for various scenarios involving money deposited or borrowed at given interest rates over periods of time. It also asks the student to define some key terms related to simple interest and fill in blanks.

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Krishnamohan
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503 views2 pages

Simple Interest - WS

The document contains 19 math problems related to calculating simple interest. It asks the student to calculate simple interest, principal amounts, interest rates, and time periods using the simple interest formula for various scenarios involving money deposited or borrowed at given interest rates over periods of time. It also asks the student to define some key terms related to simple interest and fill in blanks.

Uploaded by

Krishnamohan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Class: VII, Section:_____

Subject: Mathematics
Name of the student: Lesson Name: Simple interest

_____________________________________________________________________________________
1. Find the simple interest and the amount for the following.
a) Principal = ₹25, time = 3 years, rate = 10% p.a
b) Principal = ₹1000, time = 2 years, rate = 5% p.a
c) Principal = ₹200, time = 5 years, rate = 2.5 p.a
d) Principal = ₹12500, time = 3.5 years, rate = 3% p.a
2. Find the amount, when principal and interest are given.
a) Principal = ₹21000 , simple interest = ₹230
b) Principal = ₹4539 , simple interest = ₹440
c) Principal = ₹65700 , simple interest = ₹1500
d) Principal = ₹500 , simple interest = ₹50.23
3. Find the principal for the following.
a) T= 5 years, R = 3%p.a. ,SI = ₹1500
b) T= 3 years, R = 4%p.a. ,SI = ₹51
c) T= 1.5 years, R = 2.25%p.a. ,SI = ₹69.02
d) T= 4 years, R = 8%p.a. ,SI = ₹16160
4. Find the rate of interest for the following.
a) T = 2 years, SI = ₹75, P= ₹2500
b) T = 3 years, SI = ₹150, P= ₹10000
c) T = 2 years, SI = ₹1481.4, P= ₹12345
d) T = 5 years, SI = ₹23900, P= ₹95600
5. Find the time period for the following.
a) SI =₹3568.5, P=₹27450, R=6.5%p.a.
b) SI =₹216, P=₹5400, R=6.5%p.a.
c) SI =₹10920, P=₹70000, R=5.2%p.a.
d) SI =₹20000, P=₹100000, R=10%p.a.
6. Karthik deposits ₹1,25,600 in a bank, which earns a simple interest of 8.5% p.a. Find the total amount
he gets after 10 years.
7. How long does it take for a sum of ₹1289 at 10% p.a. simple interest to become ₹1611.25?
8. Calculate the interest rate for the sum of ₹78234, which gives an interest of ₹24643.71 in 7 years.
9. In how many years will ₹3000 double itself at 8% p.a. simple interest?
10. An auto driver deposits ₹40,000 in his savings account which earns him simple interest. After 2 years,
the account balance is ₹47200. Find the rate of interest.
11. Ganesh deposited ₹55000 in his savings account. If the bank offers 5% p.a. simple interest, in how
many years will the account balance be ₹63250?
12. Raghav borrowed ₹60000 from a bank on 1st March and paid back ₹63150 on 6th October. Find the
rate of interest charged by the bank.
13. Divide ₹84000 into two parts such that if one part is lent at 5% p.a. and the other at 8% p.a. the total
interest earned at the end of 4 years is ₹18960.
14. After how many years will ₹25600 earn a simple interest of ₹19200 at 12.5% p.a.?
15. Find the rate of interest for the sum ₹89456 that gives ₹30415.04 interest in 4 years.
16. Ram took a loan from a bank at the rate of 15% p.a. simple interest. After 3 years he had to pay
₹1,12,500 interest only for that period. Find his loan amount.
17. The simple interest on a principal for a period of 5 years is four-fifths of the principal itself. Calculate
the rate of interest per annum.
18. A man deposits ₹10000 in a bank at 01% p.a. After 15 years how much amount will he get?
19. Fill in the blanks.
a) In the case of simple interest, the __________ remains the same throughout the duration of the
loan borrowed.
b) The additional money paid by the borrower to the lender after a specific period of time is
called________
c) Write formula to find time, when the simple interest, principal and rate of interest are given.
d) Principal = ______________________ −¿ Simple interest.
e) Find the simple interest on ₹100 at 10% p.a. for 1 year.

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