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Simple Interest

Authored by fatima nasser

Business

11th Grade

Used 1+ times

Simple Interest
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5 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Sameera Borrowed BD5600 from BISB, the simple interest rate is 6%, calculate the simple interest after 4 years.

BD1577

BD2344

BD1344

BD3455

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Ali deposited BD5000 at 5% for 2.5 years, find the amount received at the end of the period.

BD5625

BD6000

BD8998

BD3009

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Find the simple interest on BD10,500 at 4.5% for 5.5 years.

BD2598.750

BD2.598

BD25987.500

BD13098.500

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Saeed opens a saving account in a bank with an annual interest rate of 2.5%. If he deposits BD580 to the account, how much interest will he earn after 4 years?

BD58

BD638

BD522

BD580

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the interest on $ 8,400 invested for 6 months at 7% Simple interest rate?

$3528

$8694

$294

$11928

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