Interest, markups, and discount

Interest, markups, and discount

7th Grade

โ€ข

43 Qs

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Interest, markups, and discount

Interest, markups, and discount

Assessment

Quiz

โ€ข

Mathematics

โ€ข

7th Grade

โ€ข

Medium

โ€ข
CCSS
7.RP.A.3, 6.RP.A.3C, 6.EE.B.7

+3

Standards-aligned

Created by

De'Ontra Saulsberry

Used 6+ times

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43 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

3 mins โ€ข 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.7.RP.A.3

2.

MULTIPLE CHOICE QUESTION

3 mins โ€ข 1 pt

Find the simple interest earned when the principal is $500 at a rate of 10% held in the bank for 8 months.

$33.50

$40,000

$50

$400

Tags

CCSS.7.RP.A.3

3.

MULTIPLE CHOICE QUESTION

3 mins โ€ข 1 pt

Find the simple interest paid on a loan of $750 with an 18% rate over 2 years.

$135

$13,500

$270

$27,000

Tags

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

3 mins โ€ข 1 pt

Find the simple interest paid on a loan of $1,500 at a rate of 19% 15 months.

$356.25

$427,500

$4,275

$285

Tags

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

3 mins โ€ข 1 pt

Find the simple interest paid on a loan of $4,750 at a rate of 19.5% for 30 months.

$5

$2315.63

$27,787.50

$926.25

Tags

CCSS.7.RP.A.3

6.

MULTIPLE CHOICE QUESTION

3 mins โ€ข 1 pt

Find the simple interest paid on a deposit of $225 at a rate of 1.5% over 2 years.

$6.75

$3.375

$2,278.13

$6,750

Tags

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

3 mins โ€ข 1 pt

When Loofa was born, her parents put $8,000 into a college fund account that earned 9% simple interest. Find the amount of interest earned after 18 years.

$720

$20,960

$1,080

$12,960

Tags

CCSS.7.RP.A.3

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