Simple Interest Word Problems Worksheet - The simple interest formula is interest = principal × rate × time or i = prt. (e) p = $180 r = 3% t = 1¹/₄ year. How to solve word problems using the simple interest formula? Find the simple interest and amount in each of the following: (c) p = $3125 r = 15% t = 73 days. (b) p = $2600 r = 12% t = 3 years. How to use the simple interest formula? How much interest is earned on a principal of $18.62 invested at an interest rate of 6% for four years? $107.42 how much interest is earned on a principal of $671.37 invested at an interest rate of 4% for four years? Word problems on simple interest worksheet:
Web calculate the simple interest for the word problems: (e) p = $180 r = 3% t = 1¹/₄ year. How to solve word problems using the simple interest formula? Find the simple interest and amount in each of the following: $107.42 how much interest is earned on a principal of $671.37 invested at an interest rate of 4% for four years? The simple interest formula is interest = principal × rate × time or i = prt. How much interest is earned on a principal of $18.62 invested at an interest rate of 6% for four years? How much interest is earned in five years on $3,000 invested at an interest rate of 9% per year? (d) p = $5660 r = 11% t = 9 months. Word problems on simple interest worksheet: (c) p = $3125 r = 15% t = 73 days. (b) p = $2600 r = 12% t = 3 years. How to use the simple interest formula? (a) p = $1800 r = 5% t = 1 year. What sum would yield an interest of $36 in 3 years at 3% p.a.?