Form 1: Simple Interest - Basic Calculations Exercise

Form 1: Simple Interest - Basic Calculations

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Form 1: Simple Interest - Basic Calculations

Practice performing basic simple interest calculations using principal, rate, and time. Work through standard introductory problems to build core math skills.

Questions

  1. MultiChoice

    Calculate the simple interest on $100 at an interest rate of 5% per year for 2 years.

  2. MultiChoice

    Calculate the simple interest on $200 at an annual rate of 3% for 4 years.

  3. MultiChoice

    Find the simple interest earned on $500 invested at 4% per year for 3 years.

  4. MultiChoice

    What is the simple interest on $1,000 at 6% annual interest for 1 year?

  5. MultiChoice

    Calculate simple interest on $250 borrowed at 8% annual rate for 2 years.

  6. MultiChoice

    Determine simple interest earned on $400 at 2.5% per year over 2 years.

  7. MultiChoice

    Find simple interest for $800 at 5% rate for 3 years.

  8. MultiChoice

    Calculate simple interest on $150 at 6% interest for 4 years.

  9. MultiChoice

    What is the simple interest for $300 invested at 7% per year for 2 years?

  10. MultiChoice

    Determine simple interest on $600 at 10% annual rate for 1 year.

  11. MultiChoice

    Find simple interest on $1,200 at 3% for 5 years.

  12. MultiChoice

    Calculate simple interest on $450 at 4% for 2 years.