Simple Interest Worksheets
The young bankers will immensely profit from our printable simple interest worksheets! Simple interest is the interest on a specific principal amount of money where some rate of interest is agreed upon. Our pdf mathematical and real-world problems on simple interest get the children in grade 6, grade 7, and grade 8 calculating the simple interest accrued over a period of time. Gather momentum finding the missing principal, the interest rate, or the term given the other values. Access our free simple interest worksheets!
Kick into gear computing the amount, principal, or interest when given any two values. All you need to know to complete this fundamental practice set is that the amount is the principal and interest put together.
Understand how the rate of interest (R) and time (T) affect the simple interest(I) and the amount (A) on a sum of money (P), and solve the problems using the formulas I = PRT/100 and A = P + I.
Time to level up! Recall the formulas, and calculate the simple interest and amount to the nearest cent. The term of the deposit is given in months and half and quarter years to aid the 6th grade and 7th grade prepping.
Can you calculate the principal when you know the simple interest, time, and interest rate? Well, take up this task as a challenge, and solve for P, R, or T using the given values. Simple interest is the name of the game!
Money is best learned using real-life scenarios, isn't it? This batch of printable simple interest worksheets for grade 6, grade 7, and grade 8 has exciting everyday simple-interest situations flowing through it.
Bringing loads of decimal money and half and quarter years and months into play, these pdf resources with a variety of word problems help children speed and power through calculating simple interest!
Word problems that get the busy bees in the 7th grade and 8th grade enthusing! Find the sum of money deposited/borrowed, the interest rate charged by the bank or a scheme, and the period of deposit or loan.