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Applications
Exercise 1 (Page 2)
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2. Find the following. Click here for Example.
Answers at the end.
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Row No:Simple Interest (Page 2)
1 Simple Interest of $84, Principal of $200 and for 3 years, Find the rate of interest.




2 In what time will a sum of $100 at 13% yield an Interest of $26.




3 Simple Interest of $96 at 12% and for 1 year, Find the principal.




4 Simple Interest of $1320, Principal of $3000 and for 4 years, Find the rate of interest.




5 In what time will a sum of $500 at 6% yield an Interest of $30.




6 Simple Interest of $156 at 13% and for 3 years, Find the principal.




7 Simple Interest of $15, Principal of $300 and for 1 year, Find the rate of interest.




8 Simple Interest of $120 at 6% and for 4 years, Find the principal.




Row No:Answers:Simple Interest Exercise 1 (Page 2)
1 14%
2 2 years
3 $800
4 11%
5 1 year
6 $400
7 5%
8 $500
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