Simple Interest
Common Entrance Mathematics
5 Simple Interest practice questions covering everything you need for Common Entrance.
Drill Simple Interest →Sample Simple Interest questions
Q1· HARD
How long will it take ₦4,000 to earn ₦800 simple interest at 5% per annum?
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Q2· HARD
Find the simple interest on ₦6,000 for 6 months at 8% per annum.
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Q3· HARD
At what rate per cent per annum will ₦2,000 earn ₦300 simple interest in 3 years?
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Q4· MEDIUM
Find the total amount after 2 years if ₦10,000 is saved at 5% simple interest per annum.
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Q5· MEDIUM
Find the simple interest on ₦5,000 at 4% per annum for 3 years.
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