I=PRT Simple Interest Calculation Quiz
Passage
•
Mathematics
•
7th Grade
•
Practice Problem
•
Medium
Standards-aligned
Wayground Content
Used 3+ times
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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the interest (I) for a principal (P) of $500 at a rate (R) of 8% for a time (T) of 3 months?
$10
$12
$15
$20
Tags
CCSS.6.EE.B.6
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the principal (P) is $50 and the interest (I) is $15, what is the rate (R) for a time (T) of 90 days?
12%
15%
18%
20%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
For a principal (P) of $2,000 and an interest (I) of $390, how long is the money borrowed if the rate (R) is not given?
6 months
12 months
18 months
24 months
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much interest do you pay if you borrow $50 and after six months pay back $58?
$6
$8
$10
$12
Tags
CCSS.8.EE.C.7B
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the interest rate if you borrow $50 and after six months pay back $58?
16%
24%
32%
40%
Tags
CCSS.7.RP.A.3
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you borrow $800 at 18% for 11 months, how much total interest will you pay?
$108
$118
$128
$132
Tags
CCSS.7.RP.A.3
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