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Simple Interest

Authored by Robert Ferguson

Mathematics

7th Grade

CCSS covered

Used 6+ times

Simple Interest
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5 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Starting money = $350.
Interest rate = 2.5%
TIme = 3 years.
How much interest?

$7.50
$26.25
$87.5
$262.50

Tags

CCSS.7.RP.A.3

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Calculate the interest. I = PRT,

Principal = $1000,

Rate = 6%,

Time = 2 years

$100

$120

$180

1200

Tags

CCSS.7.RP.A.3

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Principal = $800
Interest Rate = 3.5%
Time = 6 months
Find the interest earned.

14
140
168
16.80

Tags

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Calculate the interest.  I = PRT,
Principal = $10000,
Rate = 7%,
Time = 20 years

1400
1000
14000
14

Tags

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Jerry borrowed $4,000 for 5 years at 6% simple interest rate. How much interest is that?

$800
$1,000
$1,200
$1,500

Tags

CCSS.7.RP.A.3

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