Simple Interest Quiz A

Simple Interest Quiz A

7th Grade

10 Qs

quiz-placeholder

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Simple Interest Quiz A

Simple Interest Quiz A

Assessment

Quiz

Mathematics

7th Grade

Medium

CCSS
7.RP.A.3

Standards-aligned

Created by

nicole fountain

Used 49+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the "I" in the interest formula stand for?

Principal
Interest
Rate
Time

Tags

CCSS.7.RP.A.3

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Principal and Interest are always___________.

fraction
decimal
percent
dollar amount

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the "r" in the interest formula stand for?

Principal
Interest
rate
time

Tags

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The simple interest formula is I=Prt.  What does the t represent?

Principle
Interest
Time
Percent Rate

Tags

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What does P stand for in I = Prt ?

percent
partner
panther
principal

Tags

CCSS.7.RP.A.3

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

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

14
140
168
16.80

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

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

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