Simple Interest

Simple Interest

1st Grade

10 Qs

quiz-placeholder

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Simple Interest

Simple Interest

Assessment

Quiz

Mathematics

1st Grade

Hard

CCSS
7.RP.A.3, 8.EE.C.7B, 6.EE.B.7

+1

Standards-aligned

Created by

HARLINDA (POLIMAS)

Used 8+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A sum of RM 12,500 amounts to RM 15,500 in the 4 years at the rate of simple interest. Find the rate percent

4%

5%

6%

7%

Tags

CCSS.8.EE.C.7B

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

RM 800 becomes RM 956 in 3 years at a certain rate of simple interest. If the rate of interest is increased by 4%, what amount will RM 800 become in 3 years.

RM1050

RM1052

RM1124

RM1154

Tags

CCSS.8.EE.C.7B

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In how many years RM 150 will produce the same interest at 8% as RM. 800 produce in 3 years at 4.5%

5 years

7 years

9 years

11 years

Tags

CCSS.6.EE.B.7

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Salleh took a loan at 10% p.a. After 4 years, he returned the principal along with the interest. If he returns in all RM3500, what is the principal amount?

RM 2500

RM3500

RM4500

RM5500

Tags

CCSS.8.EE.C.7B

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Find the simple interest on the RM 2000 at 2.5% per annum for the period from 4th Feb 2015 to 18th April 2015.(using Banker’s Rule)

RM8.56

RM9.56

RM10.14

RM11.56

Tags

CCSS.7.RP.A.3

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The interest earned on RM15000 in 3 years at simple interest is RM5400. Find the rate of interest per annum.

11%

12%

13%

14%

Tags

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The simple interest on RM1000 for 4 months at the rate of 3 %

RM10

RM12

RM100

RM120

Tags

CCSS.7.RP.A.3

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