Simple interest
7th grade (Year 8 in England) · 16 questions · Common Core: 7.RP.A.3 · England: KS3 Number, GCSE Foundation Ratio
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Question 1
$2100 is saved at 2% simple interest per year. How much interest is earned in 2 years? (Type the number only.)
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Question 2
A loan of $2100 is taken at 5% simple interest per year for 4 years. What is the total amount to pay back? (Type the number only.)
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Question 3
$4500 earns $675 simple interest at 5% per year. For how many years was it invested?
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Question 4
$1000 is saved at 4% simple interest per year. How much interest is earned in 5 years? (Type the number only.)
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Question 5
A loan of $1700 is taken at 3% simple interest per year for 3 years. What is the total amount to pay back? (Type the number only.)
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Question 6
$3500 earns $525 simple interest at 3% per year. For how many years was it invested?
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Question 7
$4700 is saved at 3% simple interest per year. How much interest is earned in 8 years? (Type the number only.)
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Question 8
A loan of $2800 is taken at 4% simple interest per year for 5 years. What is the total amount to pay back? (Type the number only.)
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Question 9
$3000 earns $300 simple interest at 2% per year. For how many years was it invested?
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Question 10
$1700 is saved at 1% simple interest per year. How much interest is earned in 8 years? (Type the number only.)
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Question 11
A loan of $1400 is taken at 3% simple interest per year for 5 years. What is the total amount to pay back? (Type the number only.)
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Question 12
$9000 earns $1620 simple interest at 3% per year. For how many years was it invested?
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Question 13
$4400 is saved at 1.5% simple interest per year. How much interest is earned in 5 years? (Type the number only.)
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Question 14
A loan of $2000 is taken at 2% simple interest per year for 2 years. What is the total amount to pay back? (Type the number only.)
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Question 15
$9000 earns $2700 simple interest in 6 years. What is the annual interest rate, as a percentage?
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Question 16
$800 is saved at 1.5% simple interest per year. How much interest is earned in 2 years? (Type the number only.)
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