Question

The simple interest on a amount of money deposited by yumna is $45 on an interest of 7%

per annum for 6 and a half years. Calculate the amount which is deposited in the bank by yumna​

Answer 1

Step-by-step explanation:

Math practice test on simple interest will help the children to learn how to calculate simple interest, principal, rate, time and amount. Before solving this practice worksheet on simple interest students can review the formula and then solved questions on simple interest.

Let's start practicing the different questions given on practice test on simple interest

1. Find the Principal when…..

(a) S.I. = $ 192 Rate = 6% per annum Time = 4 years

(b) S.I = $ 20 Rate = 2% per annum Time = 20 month

2. Find the Rate when…..

(a) Principal = $ 350 Time = 2¹/₂ years S.I. = $ 140

(b) Principal = $ 9600 Time = 3 months