
Simple Interest
Authored by fatima nasser
Business
11th Grade
Used 1+ times

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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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