Simple Interest Class 7 Worksheet 1 with Answers
1.
Fill in the blanks.
Principal Rate % p.a. Time SI Amount
a. ₹ 1500 ________ 41/2
years ₹ 405 ________
b. ₹ 12800 4% ________ ₹ 1024 ________
c.
________ 31/2% 4 years ₹ 105 ________
d. ₹ 600 41/2% 5 years ________ ________
e. ________ 4% 3 years ________ ₹ 392
2.
A sum of money doubles itself in 8 years when
invested at simple interest. Find the rate of interest. In what time will the same sum
triple itself at the same rate of simple interest?
3.
The simple interest on a certain sum for 4/3
years at 12% p.a. is ₹ 280 less than the simple interest on the same sum for 33/4 years. at 8% p.a. Find the sum.
4.
Mohan wishes to invest some money so that he
can earn ₹ 13600 per year as interest. If the rate of interest is 8.5% p.a.,
find the amount he must invest.
5.
In how many years will ₹ 6200 amount to ₹ 7517.50 at the rate of 4.25% p.a?
6.
A man on retiring received ₹ 16,60,000 as
gratuity. He split this amount into two equal parts. One part he invested for 5
years at 8% and the other for 8 years at 10%. Find the difference of interest
earned.
7.
Find the interest earned on ₹ 5080 at 4.5%
p.a., if it is invested from 30 June 2013 to 15 August 2013.
8.
A person invests ₹ 12000 in a bank at 8% for
1 year, find the amount. The man invests this amount in another bank for 1 year
and if the bank pays interest at the rate of 12% p.a., find his total amount
at the end of second year.
9.
The simple interest on a certain sum of money
is 0.22 times the sum in 4 years. Find the rate of interest.
10.
Choose the correct option.
a.
The interest of ₹ 600 at 4 12% in 1 year is
i. ₹ 30
ii. ₹ 32
iii. ₹ 27
iv. ₹ 25
b.
The interest on ₹ 9800 for 5 years 9 months at 4% p.a. is
i. ₹ 2525
ii. ₹ 2254
iii. ₹ 2325
iv. ₹ 2925
c.
The interest at the rate of 5% p.a. for 6 years is ₹ 150 on a sum of
i. ₹ 800
ii. ₹ 500
iii. ₹ 600
iv. ₹ 400
d. ₹ 16000 amounts ₹ 16240 at the rate of 6% p.a. in
i. 4 months
ii. 3 months
iii. 6 months
iv.
9 months
e.
The interest on ₹ 6000 for 6 years at 5% p.a. is same as interest on ₹ 5000
for 4 years at a rate of
i. 8% p.a.
ii. 8.5% p.a.
iii. 9% p.a.
iv. 9.5%
p.a.
Simple Interest Class 7 Worksheet 2 with Answers
1.
Fill in the blanks.
Principal Rate (p.a.) Time SI Amount
a. ₹ 800 6% 9 months _______ _______
b. ₹ 3000 4.5% _______ ₹ 540 _______
c.
______ 8% 3 years _______ ₹ 2480
d. ₹ 275 ______ 2 years _______ ₹ 308
2.
State whether the following statements are
true or false.
a. The interest
on ₹ 5400 at 31/2% for 81/2 years
is ₹ 1606.50.
b. ₹ 6500 amounts to ₹ 7767.50 at 6% p.a. in 3 years 3 months.
c.
The interest on ₹ 4200 at 5.5% p.a. in 4 years is ₹ 824.
d. The sum which earns an interest of ₹ 656.25 in 3 years 6 months at 71/2% p.a. is ₹ 240.
e. ₹ 16000 yields an interest of ₹ 500 in 3 months 12.5% p.a.
3. A bank pays interest at the rate of 6% on a fixed deposit. Mohit
invested a certain sum of money for 71/2 years and
received ₹ 5400 as interest. Find the amount invested.
4.
What is the rate if ₹ 10000 amounts to ₹ 12500
in 5 years?
5. A certain sum of money is invested in a bank fixed deposit at a
certain rate of interest. After 2 years, it amounts to ₹ 6600 and after 3
years it amounts to ₹ 6900. Find the amount invested.
6. Madan has ₹ 43000. He divides it into two parts. One part he
invests for 3 years at 8% p.a. simple interest and the other part for 41/2
years at 9% p.a. simple interest. If the simple interest in both cases is the
same, find the amount invested in each scheme.
7. Find the rate of interest if the interest on ₹ 3600 is ₹ 204
more than interest on ₹ 3000 for the same period of 4 years.
8.
What is the simple interest on ₹ 4600 for 30
months at the rate of 71/2%?
9.
If ₹ 5625 amounts to ₹ 6930 in 2 years at simple
interest. Find the
a.
rate of interest.
b. amount he must invest so as to earn
an interest of ₹ 3262.50 at the same rate in 5 years.
10.
Choose the correct option.
a. ₹ 7600 at 3% p.a. for 3 months amounts to
i. ₹ 7653
ii. ₹ 7657
iii. ₹ 7645
iv. ₹ 7667
b. ₹ 6000 borrowed on 30 June 2020 at
the rate of 6% p.a. and re-paid on 11th September 2020 amounts to
i. ₹ 6072
ii. ₹ 6088
iii. ₹ 6075
iv. ₹ 6090
c.
In 21/2 years at 71/2% p.a. a sum
of money yields an interest of ₹ 555. The sum is
i. ₹ 2000
ii. ₹ 2800
iii. ₹ 2960
iv. ₹ 5000
d.
In what time will ₹ 3440 amount to ₹ 3612 at the rate of 71/2%
p.a.?
i. 9 months
ii. 8 months
iii. 7 months
iv. 6 months
e.
At what rate per cent will a sum of money treble itself in 10 years?
i. 30%
ii. 25%
iii. 20%
iv. 5%
ANSWERS
Worksheet 1
1. a. 6%; ₹ 1905
b. 2 years; ₹ 13,824
c. ₹ 750; ₹ 855
d. ₹ 135; ₹ 735
e. ₹ 350; ₹ 42
2. 12.5%; 16
years
3. ₹ 2000
4. ₹ 1,60,000
5. 5 years
6. ₹ 3,32,000
7. ₹ 29 (approx.)
8. ₹ 12,960; ₹
14515.20
9. 5.5%
10. a.
iii b. ii
c. ii d. ii
e.
iii
Worksheet
2
1. a. ₹ 36;
836
b. 4 years; ₹ 3540
c. ₹ 2000; ₹ 480
d. 6%; ₹ 33
2. a.
True b. True
c. False d. False
e. True
3. ₹ 12,000
4. 5%
5. ₹ 6000
6. ₹ 27,000; ₹
16,000
7. 8.5%
8. ₹ 862.50
9. a. 11.6% b. ₹ 5625
10. a.
ii b. i
c. iii d. ii
e. iii
MCQs Questions for Class 7 Maths
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4. Decimals class 7 worksheets
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11. Profit and loss class 7 worksheet
13. Lines and angles class 7 worksheets
14. Triangle and its properties class 7 worksheets
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