Percent of Change and Simple Interest

Percent of Change and Simple Interest

7th Grade

18 Qs

quiz-placeholder

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Percent of Change and Simple Interest

Percent of Change and Simple Interest

Assessment

Quiz

Mathematics

7th Grade

Medium

CCSS
6.RP.A.3C, 7.RP.A.3, 6.RP.A.3D

+3

Standards-aligned

Created by

Andrew Fleenor

Used 129+ times

FREE Resource

18 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

3 mins • 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?
$150
$192
$1350
$1392

Tags

CCSS.7.RP.A.3

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Principal = $500
Interest rate =5%
Time = 5 years
What is the interest earned?
95
105
125
135

Tags

CCSS.7.RP.A.3

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Dan borrowed $2,000 for 6 months at 12% annual simple interest rate. How much interest is that?
$120
$144
$1,200
$1,440

Tags

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The simple interest formula is I=Prt.  What does the t represent?
Principle
Interest
Time, in hours
Time, in years

Tags

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Convert 18 months to years. 
18 Years
1.5 Years
.18 Years
You cannot change it to years.

Tags

CCSS.6.RP.A.3D

6.

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

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Principal and Interest are always___________.
fraction
decimal
percent
money

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

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