#1
What is the formula to calculate simple interest?
#2
If the principal amount is $1000, the interest rate is 5%, and the time period is 3 years, what is the simple interest?
#3
What is the simple interest earned on a principal amount of $3000 at 8% per annum for 4 years?
#4
If the principal is $1200, the rate is 8%, and the time period is 3 years, what is the simple interest earned?
#5
What is the formula to calculate the principal amount in simple interest?
#6
Which of the following will increase the simple interest earned on an amount?
#7
A sum of money becomes three times itself in 3 years at a certain rate of simple interest. What is the rate?
#8
If the principal amount is $2000, the time period is 2 years, and the simple interest is $160, what is the rate of interest?
#9
In what time will $7500 become $8250 at 5% per annum simple interest?
#10
If the rate of simple interest is 8% per annum and the principal is $2500, then what is the time period in years to earn $800 as interest?
#11
What is the difference between the compound interest and the simple interest on $5000 at 10% per annum for 3 years?
#12
What is the difference between the compound interest and the simple interest on $6000 at 12% per annum for 2 years?
#13
A sum of money at simple interest amounts to $400 in 4 years and to $500 in 10 years. What is the principal amount?
#14