SIMPLE INTEREST
Quiz
•
Mathematics
•
7th - 12th Grade
•
Medium
Standards-aligned
Eric De Guzman
Used 226+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Find the simple interest earned for principal of P2,000 at and 8% rate for 5 years.
P160
P800
P80,000
P16
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Find the simple interest earned when the principal is P500 at a rate of 10% held in the bank for 8 months.
P33.50
P40,000
P50
P400
Tags
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Find the simple interest paid on a loan of P750 with an 18% rate over 2 years.
P135
P13,500
P270
P27,000
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Find the simple interest paid on a loan of P1,500 at a rate of 19% 15 months.
P356.25
P427,500
P4,275
P285
Tags
CCSS.7.RP.A.3
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Find the simple interest paid on a loan of P4,750 at a rate of 19.5% for 30 months.
P5
P2315.63
P27,787.50
P926.25
Tags
CCSS.7.RP.A.3
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Find the simple interest paid on a deposit of P225 at a rate of 1.5% over 2 years.
P6.75
P3.375
P2,278.13
P6,750
Tags
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
When Loofa was born, her parents put P8,000 into a college fund account that earned 9% simple interest. Find the amount of interest earned after 18 years.
P720
P20,960
P1,080
P12,960
Tags
CCSS.7.RP.A.3
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