simple interest quiz

simple interest quiz

9th - 12th Grade

6 Qs

quiz-placeholder

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simple interest quiz

simple interest quiz

Assessment

Quiz

Others

9th - 12th Grade

Easy

Created by

Elsamma Varghese

Used 2+ times

FREE Resource

6 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

SI= A+P , here p is Principal and then A is what?

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Simple interest is very easy to calculate

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is the correct formula for simple interest

Si=principal/rate×time

SI=principal ×rate×time

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is not an advantage of simple interest

Real life applications

Pays more interest

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In Simple interest the interest does not change every year

False

True

6.

OPEN ENDED QUESTION

3 mins • 1 pt

Give any 2 real life examples of Simple interest

Evaluate responses using AI:

OFF