Simple Interest Problems - 29/10/2020

Mr. Chin got a loan of $6000 from the bank. He took 3 years to repay the loan at a simple interst rate of 5% per annum. Calculate the total amount of money Mr. Chin has to replay.

A man borrowed $6000 for 3 years at a rate of 10% per annum. What is the interest at the end of the period?

Mr. Chin got a loan of $6000 from the bank. He took 3 years to repay the loan at a simple interst rate of 5% per annum. Calculate the interest Mr. Chin has to repay.

At a sports meeting, there were 150 athletes. 60% of the athletes were men and the rest were women. How many women were at the meeting?

Rhonda borrowed $16 000 from a bank at a rate of 8% per annum for 2 years. Calculate the simple interest on the loan.

Rhonda borrowed $16 000 from a bank at a rate of 8% per annum for 2 years. Calculate the total amount Rhonda has to repay.

Jackson borrowed $20 000 at 10% simple interest for 5 years. How much interest did her pay?

Jackson borrowed $20 000 at 10% simple interest for 5 years. How much did she repay in total?

Jackson borrowed $20 000 at 10% simple interest for 5 years. How much is her monthly installment?

Ram borrowed $12 000 from a bank at a rate of 5% per annum for 4 years. Calculate Ram's monthly installment.