Simple Interest

Simple Interest

Assessment

Flashcard

Mathematics

6th Grade

Practice Problem

Hard

CCSS
7.RP.A.3, HSF.BF.A.2

Standards-aligned

Created by

Wayground Content

FREE Resource

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9 questions

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1.

FLASHCARD QUESTION

Front

John loaned/borrowed a money from the bank worth ₱20,000 with 10% interest rate. He will pay it after 2 years. How much is the interest?

Back

4000

Tags

CCSS.7.RP.A.3

2.

FLASHCARD QUESTION

Front

John loaned/borrowed a money from the bank worth ₱20,000 with 10% interest rate. He will pay it after 2 years. How much does he need to pay in all?

Back

24000

Tags

CCSS.7.RP.A.3

3.

FLASHCARD QUESTION

Front

Matthew deposited ₱100,000 in a bank that earns 2% interest rate yearly. If he will withdraw his deposit after 5 years, how much did it earn?

Back

10000

Tags

CCSS.HSF.BF.A.2

4.

FLASHCARD QUESTION

Front

Matthew deposited ₱100,000 in a bank that earns 2% interest rate yearly. If he will withdraw his deposit after 5 years, how much will be his total savings?

Back

110000

Tags

CCSS.HSF.BF.A.2

5.

FLASHCARD QUESTION

Front

Luke invested his money in the stock market worth ₱500,000 that earns about 5% yearly. How much will be the interest after 10 years?

Back

250000

Tags

CCSS.HSF.BF.A.2

6.

FLASHCARD QUESTION

Front

Luke invested his money in the stock market worth ₱500,000 that earns about 5% yearly. After 10 years, how much will he receive in total?

Back

750000

Tags

CCSS.HSF.BF.A.2

7.

FLASHCARD QUESTION

Front

Principal= ₱100,000

Rate of Interest=5%

Time=7 years


*Solve for the TOTAL AMOUNT.

Back

135000

Tags

CCSS.7.RP.A.3

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