Simple Interest
7th - 8th Grade
•11 Qs
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Simple Interest
Quiz
•
Mathematics
•
7th - 8th Grade
•
Practice Problem
•
Medium
Standards-aligned
Shellie Calhoun
Used 6K+ times
FREE Resource
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11 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Emilio borrows $1200 from a bank with 8% simple interest per year. How much will he have to pay back total in 2 years?
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Principal = $500
Interest rate =5%
Time = 5 years
What is the interest earned?
Tags
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Dan borrowed $2,000 for 6 months at 12% annual simple interest rate. How much interest is that?
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Jenna borrowed $5,000 for 3 years and had to pay $1,350 simple interest at the end of that time. What rate of interest did she pay?
Tags
CCSS.7.RP.A.3
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The simple interest formula is I=Prt. What does the t represent?
Tags
CCSS.7.RP.A.3
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Convert 18 months to years.
Tags
CCSS.6.RP.A.3D
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Write the decimal as a percent.
0.37
Tags
CCSS.7.RP.A.2
CCSS.7.RP.A.3
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