What is the formula for calculating simple interest?

Grade 6 Skills Assessment

Quiz
•
Mathematics
•
6th Grade
•
Hard
Olagundoye Ayotunde
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
I = P * r * t * n
I = P + r + t
I = P / r / t
I = P * r * t
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which Roman numeral represents the number 50?
D
X
C
L
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Write the number 789 in words.
Seven hundred ninety
Seven hundred eighty-nine
Eight hundred seventy-nine
Seven hundred eighty-eight
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If an item is bought for $50 and sold for $70, what is the profit percentage?
40%
25%
50%
30%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A fruit seller bought 120 apples at $0.50 each. He sold 80 apples at $1 each. What is his profit or loss?
The profit is $10.
The profit is $30.
The profit is $20.
The loss is $20.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Solve for x: 2x + 5 = 15
x = 10
x = 5
x = 3
x = 7
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the total amount after 3 years if $1000 is invested at an interest rate of 5% per annum?
$1157.63
$1250.75
$1200.50
$1100.25
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