Simple Interest
Interactive practice questions
If $£16716$£16716 of simple interest was earned in $7$7 years, how much interest was earned each:
a
year?
b
month?
Easy
1min
Calculate the simple interest earned on an investment of $£2540$£2540 at $9%$9% p.a. for $2$2 years.
Give your answer to the nearest penny.
Easy
1min
Calculate the simple interest on a loan of $£8000$£8000 at $8%$8% p.a. for $6$6 years.
Give the answer to the nearest pound.
Easy
< 1min
Calculate the simple interest earned on an investment of $£2010$£2010 at a rate of $6%$6% p.a. for $13$13 months.
Easy
1min
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