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Drills on simple and compound interest What is the rate of interest applied if an interest

of ₱25 000 was paid on a ₱75 000 simple interest


If Lilia paid ₱980.00 in interest at 14% for 2 years, loan after 5 years?
how much money did she borrow?

Luz paid ₱1 080.00 in interest on a ₱3 600.00 loan Andrea wants a diamond necklace and its selling
she got from the credit union. The term of the price is ₱18 000.00. There was a discount of 5%.
loan is 3 years. Find the rate. How much did Andrea pay?

Citibank pays 9% ordinary simple interest on a 30- Find the selling price:
day time deposit. How much money will the Original price of a camera: $554.99
depositor have at the end of the 30-day period if
he or she deposits ₱1 500.00

Find the cost and the markon for a printed long-


Find the term of the loan if its principal amount is sleeved blouse which is for ₱1 290 and whose
₱2 000.00, the interest rate charged is 12.5%, and rate of markon is 63.29% of the cost?
the maturity value is ₱2 600.00

What is the rate of markon based on cost for an


"Find the" actual time and approximate time item that is being sold for ₱999 if it cost only
between August 21 to December 9 ₱699?

Find the actual time and approximate time


between November 22, 2009 to March 2, 2011 Find the cost of a box of bottled distilled water if
the markon was ₱300 and the rate of markon was
40% of the cost.

A loan has a maturity value of ₱3 657.50. It bears


interest at 9% and has a term of 6 months. Find
the principal. Find the interest rate on a loan of ₱1 800.00 that
was paid ₱1 845.00 after 60 days from the date of
loan. The interest charged was ordinary interest.

Find the maturity value of ₱280 000 after 3 years


if it was invested at 2.5% compounded monthly.

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