Simple interest
Name
Date
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1.
$4000 is borrowed at 10% simple interest per year for 1 year. How much interest is paid, in dollars?
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2.
$500 is borrowed at 2% simple interest per year for 5 years. How much interest is paid, in dollars?
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3.
$2000 is borrowed at 10% simple interest per year for 2 years. How much interest is paid, in dollars?
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4.
$500 is borrowed at 6% simple interest per year for 4 years. How much interest is paid, in dollars?
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5.
$2500 is borrowed at 5% simple interest per year for 5 years. How much interest is paid, in dollars?
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6.
$10000 is borrowed at 2% simple interest per year for 2 years. How much interest is paid, in dollars?
-
7.
$4000 is borrowed at 2% simple interest per year for 2 years. How much interest is paid, in dollars?
-
8.
$4000 is borrowed at 4% simple interest per year for 4 years. How much interest is paid, in dollars?
-
9.
$500 is borrowed at 5% simple interest per year for 5 years. How much interest is paid, in dollars?
-
10.
$500 is borrowed at 8% simple interest per year for 3 years. How much interest is paid, in dollars?
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11.
$1000 is borrowed at 2% simple interest per year for 1 year. How much interest is paid, in dollars?
-
12.
$1000 is borrowed at 6% simple interest per year for 1 year. How much interest is paid, in dollars?
-
13.
$2000 is borrowed at 6% simple interest per year for 4 years. How much interest is paid, in dollars?
-
14.
$500 is borrowed at 3% simple interest per year for 4 years. How much interest is paid, in dollars?
-
15.
$500 is borrowed at 5% simple interest per year for 3 years. How much interest is paid, in dollars?
-
16.
$2500 is borrowed at 3% simple interest per year for 5 years. How much interest is paid, in dollars?
-
17.
$4000 is borrowed at 4% simple interest per year for 1 year. How much interest is paid, in dollars?
-
18.
$2000 is borrowed at 4% simple interest per year for 5 years. How much interest is paid, in dollars?
-
19.
$1000 is borrowed at 6% simple interest per year for 2 years. How much interest is paid, in dollars?
-
20.
$1000 is borrowed at 4% simple interest per year for 1 year. How much interest is paid, in dollars?
Free maths worksheets and practice: rocketdigits.com/learn/simple-interest
Answers: Simple interest
- 400
- 50
- 400
- 120
- 625
- 400
- 160
- 640
- 125
- 120
- 20
- 60
- 480
- 60
- 75
- 375
- 160
- 400
- 120
- 40
Free maths worksheets and practice: rocketdigits.com/learn/simple-interest