Simple Interest Questions

1. What is the simple interest on $1,000 at 5% per year for 2 years?

2. A sum of $1,500 is invested at 6% for 3 years. What is the interest earned?

3. If you borrow $800 for 4 years at 8% interest, what will be the total interest?

4. A person borrows $2,000 at 7% per year for 5 years. How much interest will they pay?

5. What is the total interest on $2,000 invested at 4% for 6 years?

6. If $1,000 is invested at 10% for 3 years, how much interest will be earned?

7. You invest $3,500 at 5% interest for 2 years. How much will you earn in interest?

8. A principal of $1,000 is invested for 5 years at 6%. How much simple interest is earned?

9. If $500 is borrowed at 3% per year for 4 years, what is the total interest paid?

10. A $1,200 loan is taken for 3 years at 5%. What is the interest?

11. A $2,500 loan is taken for 6 years at 4% interest. What is the total interest?

12. What is the interest on a $750 investment for 2 years at 7%?

13. A loan of $4,000 is borrowed for 5 years at 9%. How much interest is owed?

14. A person invests $1,000 at 12% interest for 1 year. How much will they earn in interest?

15. What is the simple interest on $3,000 for 4 years at 6%?

16. If $2,000 is invested at 5% interest for 3 years, how much interest is earned?

17. A sum of $600 is invested at 8% interest for 5 years. How much interest is earned?

18. You borrow $1,500 for 2 years at 7%. How much interest is to be paid?

19. What is the simple interest on $2,000 for 4 years at 3%?

20. A person borrows $3,000 at 5% interest for 6 years. What is the interest?

Compound Interest Questions

21. If $1,000 is invested at 5% annual compound interest for 2 years, what will the total amount
be?

22. A principal of $2,000 is invested at 6% compound interest for 3 years. What is the total
amount after 3 years?

23. What is the compound interest on $1,500 at 4% annually for 3 years?

24. A sum of $2,000 is invested at 10% annually for 2 years. What is the compound interest
earned?

25. You invest $1,000 at 6% compound interest for 4 years. What is the total amount after 4
years?

26. If you invest $2,000 at 5% compound interest for 5 years, how much will you have at the end
of 5 years?
 27. A principal of $2,500 is invested at 7% annually for 3 years. What will the total amount be
after 3 years?

28. You deposit $5,000 in a bank offering 4% compound interest for 5 years. What will be the
final amount?

29. If $1,000 is invested at 8% compound interest for 6 years, what is the total amount at the
end of 6 years?

30. A sum of $1,500 is invested at 5% compounded annually for 4 years. What is the compound
interest earned?

31. What will be the amount if $3,000 is invested at 7% annually for 3 years, compounded
annually?

32. A principal of $4,000 is invested at 6% compound interest for 2 years. What will be the total
amount?

33. If $2,000 is invested at 3% annually for 5 years, compounded annually, how much will the
total amount be?

34. A sum of $5,000 is invested at 4% annual compound interest. What is the total amount after
3 years?

35. You invest $3,000 at 5% compounded annually for 2 years. What is the total amount after 2
years?

36. If $2,500 is invested at 10% annually for 3 years, compounded annually, what is the amount
at the end of 3 years?

37. A sum of $1,000 is invested at 12% annually for 2 years. What is the compound interest
earned?

38. You invest $2,000 at 6% annual compound interest for 4 years. What is the total amount at
the end of 4 years?

39. If $1,500 is invested at 9% compound interest for 2 years, what will the total amount be after
2 years?

40. What is the compound interest on $5,000 at 5% for 4 years, compounded annually?

Mixed Questions (Simple & Compound Interest)

41. You invest $2,000 at 4% simple interest for 3 years and at 6% compound interest for 2 years.
Which gives a higher return?

42. What will be the difference in the total amount if $3,000 is invested at 5% simple interest for
2 years versus 5% compound interest for 2 years?

43. A person borrows $2,000 for 3 years at 6% simple interest and $2,000 for 3 years at 6%
compound interest. How much more will they pay in total interest with compound interest?

44. You borrow $5,000 for 2 years at 4% simple interest and $5,000 for 2 years at 4% compound
interest. What is the difference in the amounts after 2 years?
 45. A sum of $1,200 is invested at 6% simple interest for 2 years and 6% compound interest for 2
years. What is the difference in the interest earned?

46. What is the amount after 3 years if you invest $2,000 at 8% simple interest and $2,000 at 8%
compound interest for the same time?

47. If $2,500 is invested at 7% simple interest for 4 years and at 7% compound interest for 4
years, what is the total amount difference after 4 years?

48. Compare the simple interest and compound interest on $4,000 for 3 years at 5%.

49. If you invest $2,000 at 10% compound interest for 3 years, what is the difference in the total
amount compared to the same principal at 10% simple interest?

50. A principal of $2,500 is invested at 3% simple interest for 2 years and 3% compound interest
for 2 years. Which gives a higher return?

51. You borrow $3,000 for 3 years at 8% simple interest and 8% compound interest. What is the
difference in the interest charged?

52. A $1,000 investment earns 4% simple interest for 2 years and 4% compound interest for 2
years. What is the difference in total interest earned?

53. If $1,500 is invested at 5% simple interest for 3 years and 5% compound interest for 3 years,
which gives a higher return?

54. A loan of $3,500 is borrowed at 6% interest for 2 years using both simple and compound
interest. What is the total amount owed with both methods?

55. You invest $1,000 at 7% compound interest for 2 years and $1,000 at 7% simple interest for 2
years. Which gives a higher return?

56. What is the total amount after 3 years if $2,000 is invested at 6% simple interest and 6%
compound interest?

57. A sum of $4,000 is invested at 5% simple interest for 4 years and 5% compound interest for 4
years. What is the difference in the total amount?

58. If you borrow $2,000 at 3% simple interest for 3 years and at 3% compound interest for 3
years, what is the total interest paid?

59. You invest $5,000 at 6% simple interest for 2 years and 6% compound interest for 2 years.
What will be the total return in both cases?

60. A person borrows $1,000 for 5 years at 10% simple interest and 10% compound interest.
How much more interest will they pay with compound interest?

More Questions on Simple Interest

61. What is the total interest on $1,200 invested at 7% for 4 years?

62. If $2,000 is borrowed for 3 years at 6% interest, what is the total interest paid?

63. A sum of $2,500 is borrowed for 2 years at 5%. What is the interest charged?

64. You invest $3,000 at 8% simple interest for 3 years. What is the interest earned?
 65. How much interest is earned on $1,500 for 2 years at 4% interest?

66. A loan of $500 is taken for 5 years at 3% interest. What is the total interest paid?

67. What is the total interest on a $1,000 loan taken for 2 years at 7%?

68. If $4,000 is invested for 5 years at 6%, how much interest will be earned?

69. A person borrows $3,000 for 1 year at 10%. How much interest is charged?

70. You borrow $2,500 at 8% for 3 years. What is the interest on the loan?

More Questions on Compound Interest

71. A principal of $2,000 is invested at 7% compound interest for 4 years. What is the final
amount?

72. If you invest $1,000 at 5% compound interest for 3 years, what is the total interest earned?

73. You invest $3,500 at 6% compound interest for 2 years. What is the total amount after 2
years?

74. What is the compound interest on $1,000 at 4% for 3 years?

75. You invest $2,000 at 5% compound interest for 5 years. How much interest will you earn?

76. If $5,000 is invested at 3% annually for 6 years, compounded annually, what is the total
amount?

77. A sum of $3,000 is invested at 8% annually for 2 years. What will the total amount be after 2
years?

78. A principal of $4,000 is invested at 6% annually for 3 years. What is the total amount at the
end of 3 years?

79. What is the compound interest on $1,500 at 6% for 4 years?

80. If $2,000 is invested at 5% for 3 years, compounded annually, what is the total amount?