Simple interest

Simple interest

6th - 8th Grade

5 Qs

quiz-placeholder

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Simple interest

Simple interest

Assessment

Quiz

Mathematics

6th - 8th Grade

Hard

CCSS
7.RP.A.3, HSF.BF.A.2, 6.RP.A.3B

Standards-aligned

Created by

Ramya teacher

Used 2+ times

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The simple interest formula is I=Prt. The P represents the principal. The principal is ___________________.

the amount of money

the percent interest for his year

the rate

the percent proportion

Tags

CCSS.7.RP.A.3

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Find the simple interest earned for principal of $2,000 at and 8% rate for 5 years.

$160

$800

$80,000

$16

Tags

CCSS.HSF.BF.A.2

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the time is given in months, you must first _____________ by 12.

add
subtract
multiply
divide

Tags

CCSS.6.RP.A.3B

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

30 sec • 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