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Applications
Exercise 1 (Page 1)
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1. Find the Simple Interest (I) and the Amount (A). Click here for Example.
Answers at the end.
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Row No:Simple Interest (Page 1)
1 principal of $100 at 8% for 2 years




2 principal of $300 at 4% for 4 years




3 principal of $3000 at 13% for 2 years




4 principal of $800 at 11% for 3 years




5 principal of $300 at 5% for 4 years




6 principal of $4000 at 4% for 2 years




7 principal of $400 at 8% for 1 year




8 principal of $3000 at 12% for 4 years




Row No:Answers:Simple Interest Exercise 1 (Page 1)
1 Simple interest = I = 16, Amount = A = 116
2 Simple interest = I = 48, Amount = A = 348
3 Simple interest = I = 780, Amount = A = 3780
4 Simple interest = I = 264, Amount = A = 1064
5 Simple interest = I = 60, Amount = A = 360
6 Simple interest = I = 320, Amount = A = 4320
7 Simple interest = I = 32, Amount = A = 432
8 Simple interest = I = 1440, Amount = A = 4440
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