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Percent of Change & Simple Interest Review

Authored by Serina Booth

Mathematics

7th - 9th Grade

CCSS covered

Used 4+ times

Percent of Change & Simple Interest Review
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10 questions

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1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Ryan deposited $2000 into a savings account at the interest rate of 4% per year. How much simple interest will he earn in 5 years?

$800

$1000

$450

$400

Tags

CCSS.7.RP.A.3

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Garcia borrowed $4000 from his cousin Susan at the rate of 8% per year. He repaid the total amount after 24 months. How much did he pay Susan altogether?

$640

$6640

$4640

$3360

Tags

CCSS.7.RP.A.3

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Tracy put $3500 into an investment account that earns 4.5% annual interest. She left the money for 8 years. How much interest did she get in those 8 years?

$1260

$4760

$2240

$1860

Tags

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Jerry invested $1500 in an account that paid him 8.25% simple interest, what will the total balance of his account be after 72 months?

$742.50

$2242.50

$2150

$3256.55

Tags

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Kennedy won $3,000 from a radio contest. If she puts this money in a bank account that earns 2.9% interest compounded annually, how much total interest will she earn in 6 months?

$174.00

$3043.50

$43.50

$522.00

Tags

CCSS.7.RP.A.3

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

A pair of socks costs $2.50 originally. The price is reduced to $1.75. What is the percent change?

43% increase

43% decrease

30% decrease

30% increase

Tags

CCSS.6.RP.A.3C

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

You bought a soda for $0.50 and then sold it for $1.00. What was the percent change?

100% increase

75% increase

200% increase

50% increase

Tags

CCSS.6.RP.A.3C

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