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Interest = principal × rate × time or i = prt. 2000 is given at 9% per annum simple interest for 2 years. Find the simple interest and amount in each of the following: Solve simple interest woksheets regularly. (b) p = $2600 r = 12% t = 3 years.
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Interest = principal × rate × time or i = prt. Increasing/decreasing by a percentage practice questions. (c) p = $3125 r = 15% t = 73 days. $5000 is borrowed for 1 year at 12% per annum simple.
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