
Simple Interest Practice
Quiz
•
Mathematics
•
7th Grade
•
Practice Problem
•
Hard
Standards-aligned
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5 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 20 pts
Determine the simple interest rate for the given principal of $500, time of 20 years, and simple interest earned of $250.
2.5%
3%
4%
5%
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
5 mins • 20 pts
Determine the simple interest rate for the given principal of $850, time of 10 years, and simple interest earned of $255.
3%
2.5%
4%
5%
Tags
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
5 mins • 20 pts
Determine the simple interest rate for the given principal of $1800, time of 7 years, and simple interest earned of $441.
3.5%
4%
5%
6%
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
5 mins • 20 pts
Find the simple interest paid on a loan of $750 with an 18% rate over 2 years.
$135
$13,500
$270
$27,000
Tags
CCSS.7.RP.A.3
5.
MULTIPLE CHOICE QUESTION
5 mins • 20 pts
When Loofa was born, her parents put $8,000 into a college fund account that earned 9% simple interest. Find the amount of interest earned after 18 years.
$720
$20,960
$1,080
$12,960
Tags
CCSS.7.RP.A.3
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