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This printable worksheet helps students practice the simple interest formula (I=PRT) through varied calculation and word problems.

Simple Interest Worksheet featuring math problems to calculate interest, principal, and rate using the formula I = P * R * T.

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1a. I = $10.00
1b. I = $0.50
1c. I = $360.00
1d. I = $15.00
2a. P = $200.00
2b. P = $400.00
2c. P = $5,000.00
2d. P = $900.00
3a. R = 12.0%
3b. R = 13.0%
3c. R = 85.7%
3d. R = 6.0%
4a. Interest paid: $8.00; Interest rate: 32.0%
4b. Total interest: $132.00

Parent Tip: Review the logic above to help your child master the concept of simple interest worksheet with answers.

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