Simple Interest Review

Simple Interest Review

3rd Grade

16 Qs

quiz-placeholder

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Simple Interest Review

Simple Interest Review

Assessment

Quiz

Mathematics

3rd Grade

Practice Problem

Easy

CCSS
7.RP.A.3

Standards-aligned

Created by

Mike Brown

Used 3+ times

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the principal is $500, the interest rate is 5%, and the time is 3 years, what is the simple interest?

75

150

250

400

Tags

CCSS.7.RP.A.3

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the simple interest on a principal of $800 at 4% interest for 2 years?

$32

$64

$16

$128

Tags

CCSS.7.RP.A.3

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the principal is $1000, the interest rate is 6%, and the time is 5 years, what is the simple interest?

$600

$150

$300

$50

Tags

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Find the simple interest on $1200 at 8% interest for 4 years.

The simple interest is $384.

The simple interest is $1000.

The simple interest is $500.

The simple interest is $200.

Tags

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the principal is $600, the interest rate is 3%, and the time is 6 years, what is the simple interest?

$200

$108

$36

$150

Tags

CCSS.7.RP.A.3

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the simple interest on a principal of $900 at 7% interest for 3 years?

The simple interest is $150.

The simple interest is $300.

The simple interest is $63.

The simple interest is $189.

Tags

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the principal is $1500, the interest rate is 9%, and the time is 2 years, what is the simple interest?

$180

$200

$270

$250

Tags

CCSS.7.RP.A.3

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