I = PRT/100: Mixed Review
Mathematics
Grade 6
12 questions
~24 mins
1 views0 downloads
About This Worksheet
A worksheet covering simple interest calculations using I = PRT/100, including practice, reasoning, and real-world problems.
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I = PRT/100: Mixed Review
Subject: MathematicsGrade: Grade 6
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Untitled Worksheet
Grade Grade 6
A
Practice Questions
Answer all questions. Show your working in the grid spaces provided.
1.
Calculate the simple interest earned on a principal of $500 at an interest rate of 4% over 3 years.
[2 marks]2.
A loan of $2000 accrues $150 interest in 2 years. Find the rate of interest per annum.
[2 marks]3.
If the principal is $800, the interest rate is 5%, and the time is 1 year, what is the interest?
[2 marks]4.
A savings account earns $45 interest after 6 months on a principal of $1500. What is the annual interest rate?
[2 marks]5.
A trader invests $1200 and earns $144 interest in 4 years. What is the annual interest rate?
[2 marks]6.
A machine costs $15000 and accrues $2250 interest over 3 years. Find the rate of interest per year.
[2 marks]7.
A bank offers a loan with a simple interest rate of 6% per annum. How much interest will be earned on a principal of $1000 in 5 years?
[2 marks]8.
A borrower repays $960 after 2 years on a loan of $800. What was the rate of interest per year?
[2 marks]9.
A person invests $400 at an interest rate of 5% for 4 years. How much interest will they earn?
[2 marks]10.
A student borrows $300 for 6 months and pays $315 at the end. What is the interest rate per annum?
[2 marks]11.
Construct a graph showing the relationship between interest I and principal P if the rate R is 5% and time T is 2 years. (Plot points for P = $100, $200, $300, $400).
[3 marks]12.
A company wants to double its investment in 5 years at a simple interest rate. What rate is needed?
[3 marks]Quick Actions
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Details
- Created
- 1/1/2026
- Updated
- 1/1/2026
- Type
- worksheet