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Worksheet featuring simple interest word problems using the formula I = P * r * t.

Simple interest word problems worksheet with formula I = P * r * t and ten practice questions.

Simple interest word problems worksheet with formula I = P * r * t and ten practice questions.

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Show Answer Key & Explanations Step-by-step solution for: Simple interest worksheet
1. $125
2. Interest: $4,050; Total repayment: $19,050
3. 2.5 years
4. 8%
5. $1,585
6. Interest: $300; Total repayment: $2,300
7. 2.5 years
8. 12.22%
9. $4,750
10. 10%
Parent Tip: Review the logic above to help your child master the concept of simple interest worksheet for grade 7.
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