Simple Interest

A sum of RM 12,500 amounts to RM 15,500 in the 4 years at the rate of simple interest. Find the rate percent

• 4%

• 5%

• 6%

• 7%

RM 800 becomes RM 956 in 3 years at a certain rate of simple interest. If the rate of interest is increased by 4%, what amount will RM 800 become in 3 years.

• RM1050

• RM1052

• RM1124

• RM1154

In how many years RM 150 will produce the same interest at 8% as RM. 800 produce in 3 years at 4.5%

• 5 years

• 7 years

• 9 years

• 11 years

Salleh took a loan at 10% p.a. After 4 years, he returned the principal along with the interest. If he returns in all RM3500, what is the principal amount?

• RM 2500

• RM3500

• RM4500

• RM5500

Find the simple interest on the RM 2000 at 2.5% per annum for the period from 4th Feb 2015 to 18th April 2015.(using Banker’s Rule)

• RM8.56

• RM9.56

• RM10.14

• RM11.56

The interest earned on RM15000 in 3 years at simple interest is RM5400. Find the rate of interest per annum.

• 11%

• 12%

• 13%

• 14%

The simple interest on RM1000 for 4 months at the rate of 3 %

• RM10

• RM12

• RM100

• RM120

A certain amount earns simple interest of RM1750 after 7 years. Had the interest been 2% , how much sum of money would it have earned?

• RM12500

• RM13500

• RM14250

• RM15500

How much time will it take for an amount of RM450 to yield RM81 as interest at 4.5% per annum of simple interest?

• 3 years

• 3.5years

• 4 years

• 4.5years

How many days between April 16 and August 12?(using exact time)

• 112days

• 114days

• 115days

• 118days