Simple Interest Practice (1/18)

Simple Interest Practice (1/18)

12th Grade

10 Qs

quiz-placeholder

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Simple Interest Practice (1/18)

Simple Interest Practice (1/18)

Assessment

Quiz

Mathematics

12th Grade

Practice Problem

Medium

CCSS
7.RP.A.3

Standards-aligned

Created by

Monica King

Used 14+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Calculate the simple interest on a principal amount of $2000 at an interest rate of 5% per annum for 3 years.

$100

$300

$50

$150

Tags

CCSS.7.RP.A.3

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Find the simple interest on $3000 at 8% per annum for 4 years.

$500

$250

$720

$960

Tags

CCSS.7.RP.A.3

3.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Determine the simple interest on $1500 at 6% per annum for 2 years.

$200

$120

$180

$160

Tags

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What is the simple interest on $2500 at 4% per annum for 5 years?

$500

$100

$200

$1000

Tags

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What is the simple interest on $6000 at 5% per annum for 2 years?

$600

$300

$1200

$900

Tags

CCSS.7.RP.A.3

6.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What is the simple interest on $7000 at 7% per annum for 3 years?

$1470

$2100

$700

$490

Tags

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What is the simple interest on $8000 at 6% per annum for 3 years?

$1440

$1600

$1800

$2000

Tags

CCSS.7.RP.A.3

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