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P6 Maths: Simple Interest (Paper 2 (intermediate))

P6 Maths: Simple Interest (Paper 2 (intermediate))

  • 2026-11-15

P6 Maths: Simple Interest (Paper 2 (intermediate))

Paper 2 (intermediate): 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. FoundationThe simple interest is $150 at 5% per year for 2 years. Find the principal.
  2. FoundationThe simple interest is $96 on $800 for 3 years. Find the annual rate.
  3. FoundationPrincipal $2400 at 5% per year for 6 months. Find the simple interest.
  4. IntermediatePrincipal $3600 at 4% per year for 9 months. Find the simple interest.
  5. IntermediateA principal of $1200 grows to $1260 in 1 year. Find the annual rate.
  6. IntermediatePrincipal $5000 at 3% per year for 2 years. Find the amount.
  7. ChallengeThe simple interest is $350 on $2500 at 7% per year. Find the time.
  8. ChallengePrincipal $1500 at 4% per year for 2 years. Find the average interest per month.
  9. ChallengePrincipal $8000 at 2.5% per year for 4 years. Find the amount.
  10. Error redo(Error clinic) Mei used 6 as the time for $3000 at 5% for 6 months and got 900. What is the correct interest?

03 Answers and one-line notes

# Answer One-line note
1 $1500 P = 150 x 100 / (5 x 2) = 1500.
2 4% R = 96 x 100 / (800 x 3) = 4, i.e. 4%.
3 $60 6 months is 0.5 year, so 2400 x 0.05 x 0.5 = 60.
4 $108 9 months is 0.75 year, so 3600 x 0.04 x 0.75 = 108.
5 5% Interest is 1260 – 1200 = 60, so R = 60 / 1200 = 0.05.
6 $5300 Interest is 300, so the amount is 5000 + 300 = 5300.
7 2 years T = 350 x 100 / (2500 x 7) = 2.
8 $5 per month Two years earn 120, and 120 / 24 = 5 per month.
9 $8800 Interest is 8000 x 0.025 x 4 = 800, so the amount is 8800.
10 The correct interest is $75; 6 months must be written as 0.5 year 3000 x 0.05 x 0.5 = 75.

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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