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Simple Interest Time Calculation Worksheet

This document is a worksheet focused on calculating time using the Simple Interest formula. It presents ten problems where the principal amounts, interest rates, and time periods are provided, requiring the calculation of the time needed for different principal amounts to earn the same interest. Each problem involves varying principal amounts and interest rates while maintaining the same interest earned.

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lsushant009
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19 views1 page

Simple Interest Time Calculation Worksheet

This document is a worksheet focused on calculating time using the Simple Interest formula. It presents ten problems where the principal amounts, interest rates, and time periods are provided, requiring the calculation of the time needed for different principal amounts to earn the same interest. Each problem involves varying principal amounts and interest rates while maintaining the same interest earned.

Uploaded by

lsushant009
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Simple Interest - Time Calculation Worksheet

Use the Simple Interest formula: SI = (P × R × T) / 100.


Solve the following problems to find the missing time (T) required for the given principal to earn the
same interest.

1. A sum of Rs. 800 is deposited in a bank for 3 years at an interest rate of 5% per annum. How
long should Rs. 600 be deposited in the same bank to earn the same interest?

2. A person deposits Rs. 1000 for 4 years at a rate of 7% per annum. If another person deposits Rs.
750, for how many years must it be deposited to earn the same interest?

3. Rs. 1200 is kept in a savings account for 5 years at 4% per annum. Find the time required for Rs.
900 to earn the same interest at the same rate.

4. Rs. 1500 is invested at a bank for 6 years at 8% per annum. If another person invests Rs. 1200 at
the same rate, for how many years will they earn the same interest?

5. A sum of Rs. 2000 is deposited in a bank for 5 years at an interest rate of 6% per annum. How
long should Rs. 1600 be deposited in the same bank to earn the same interest?

6. A person invests Rs. 2500 at 5% per annum for 3 years. How long should Rs. 2000 be deposited
to earn the same interest?

7. Rs. 3000 is deposited for 4 years at 7% per annum. If another person deposits Rs. 2500, for how
long should it be deposited to earn the same interest?

8. Rs. 1800 is deposited at an interest rate of 5% per annum for 6 years. If another person deposits
Rs. 1500, how long will it take to earn the same interest?

9. A bank account holds Rs. 2200 for 3 years at 6% per annum. Find the time required for Rs. 1800
to earn the same interest at the same rate.

10. Bonus Question: Rs. 4000 is deposited in a bank for 4 years at an interest rate of 8% per
annum. How long should Rs. 3200 be deposited in the same bank to earn the same interest?

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