Work out the simple interest

Exercise and reference answers

Questions

1. Answer

   900

   Question

   5,000 at 6 per cent for 3 years

2. Answer

   800

   Question

   8,000 at 5 per cent for 2 years

3. Answer

   600

   Question

   12,000 at 10 per cent for 6 months

4. Answer

   3000

   Question

   15,000 at 4 per cent for 5 years

5. Answer

   880

   Question

   4,000 at 5.5 per cent for 4 years

Instructions

Key in the interest in rupees, then submit.

Explanation