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P6 Maths: Simple Interest (Paper 1 (basics))

P6 Maths: Simple Interest (Paper 1 (basics))

  • 2026-11-15

P6 Maths: Simple Interest (Paper 1 (basics))

Paper 1 (basics): ten simple-interest questions with answers and one-line notes.

Direct answers Level: P6 maths; format: the simple-interest formula, months as years, finding P or R, and the amount.

01 Paper details (check answers afterwards)

Item Detail
Questions 10
Suggested time 20
Difficulty mix Foundation 3 · Intermediate 3 · Challenge 3 · Error redo 1
Chapter Chapter: P6 Maths: Simple Interest
Level P6

02 Questions (10 items)

  1. FoundationPrincipal $1000 at 5% per year for 2 years. Find the simple interest.
  2. FoundationPrincipal $2000 at 3% per year for 1 year. Find the simple interest.
  3. FoundationPrincipal $500 at 4% per year for 3 years. Find the simple interest.
  4. IntermediatePrincipal $800 at 5% per year for 2 years. Find the amount.
  5. IntermediatePrincipal $1200 at 6% per year for 1 year. Find the simple interest.
  6. IntermediatePrincipal $4000 at 2.5% per year for 2 years. Find the simple interest.
  7. ChallengePrincipal $600 at 8% per year for 3 years. Find the simple interest.
  8. ChallengeThe simple interest is $90 on a principal of $600 at 5% per year. Find the time.
  9. ChallengeThe simple interest is $240 on $2000 at 4% per year. Find the time.
  10. Error redo(Error clinic) Ming worked out the interest on $1500 for 2 years at 6% as 1500 x 6 x 2 = 18000. What went wrong, and what is the correct answer?

03 Answers and one-line notes

# Answer One-line note
1 $100 I = 1000 x 5 / 100 x 2 = 100.
2 $60 I = 2000 x 0.03 x 1 = 60.
3 $60 I = 500 x 0.04 x 3 = 60.
4 $880 Interest is 80, so the amount is 800 + 80 = 880.
5 $72 I = 1200 x 0.06 x 1 = 72.
6 $200 2.5% is 0.025, so 4000 x 0.025 x 2 = 200.
7 $144 One year earns 48, so three years earn 48 x 3 = 144.
8 3 years T = 90 x 100 / (600 x 5) = 3.
9 3 years One year earns 80, and 240 / 80 = 3 years.
10 He forgot to divide 6 by 100; the correct interest is $180 I = 1500 x 6 / 100 x 2 = 180.

04 What to do after marking

  • After marking, redo only the wrong items and write down which step went wrong (formula, unit, or misread number).
  • Repeat the same item two days later; move to the next paper only when both attempts are correct.
  • Parents only need the answer and note columns; there is no need to explain every item.

Check the answers, copy the working of any wrong item, then try another paper of this chapter.Tutor Registration →

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