Simple Interest Word Problem
Authored by Anthony Clark
Mathematics
8th Grade
CCSS covered
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
In what time will a sum of money double it at 8% per annum?
10 years
12 & 1/2 years
11 & 1/2 years
10 years 7 months
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
P & Q invest Rs 36,000 and Rs 25,000 respectively at the same rate of interest per year. If at the end of 4 years P gets Rs 3,080 more interest that Q; find rate of interest.
8.5% p.a
8% p.a
6.0% p.a
7.0% p.a
Tags
CCSS.8.EE.C.7B
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
In 4 years Rs 6000 amounts to Rs 8000. What time will Rs 525 amount to Rs 700 at same rate of interest?
3 years
3 years 6 months
4 years
5 years
Tags
CCSS.8.EE.C.7B
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Rakesh lent out Rs . 8000 for 5 years at 15 % per annum and borrowed Rs . 6000 for 3 years at 12% per annum . How much did he gain or lose ?
Gained Rs 3840
Lost Rs 2800
Gained Rs 3430
Lost Rs 3840
Tags
CCSS.HSF.BF.A.2
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Mr.Garg lent Rs . 15000 to his friend . He charged 15% per annum on Rs. 12500 and 18% on the rest . How much interest does he earn in 3 years ?
Rs 6795
Rs 6597
Rs 6759
Rs 6975
Tags
CCSS.8.EE.C.7B
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A person deposits Rs . 25000 in a firm who pays an interest at the rate of 20 % per annum . Calculate the income he gets from it annually .
Rs 5000
Rs 50000
Rs 500
Rs 5001
Tags
CCSS.HSF.BF.A.2
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Nalini borrowed Rs . 550 from her friend at 8% per annum . She returned the amount after six months . How much did she pay ?
582
562
552
572
Tags
CCSS.HSF.BF.A.2
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
11 questions
Sistemas de Información
Quiz
•
1st - 10th Grade
10 questions
Identifying variable
Quiz
•
6th Grade - University
10 questions
Inequalities & Simultaneous Equations
Quiz
•
8th - 12th Grade
10 questions
Segmentos
Quiz
•
7th - 8th Grade
15 questions
Illustrating an Experiment, Outcome, Sample Space and Event
Quiz
•
8th Grade - University
10 questions
Math Olympiad Junior Secondary
Quiz
•
7th - 8th Grade
10 questions
COMPOUND AND SIMPLE INTEREST
Quiz
•
8th Grade
12 questions
Geometric Sequence Word Problems
Quiz
•
8th Grade
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
15 questions
Equivalent Fractions
Quiz
•
4th Grade
20 questions
Figurative Language Review
Quiz
•
6th Grade
Discover more resources for Mathematics
15 questions
Product of Powers Property A1 U7
Quiz
•
8th Grade
20 questions
Laws of Exponents
Quiz
•
8th Grade
16 questions
8th U5L5 Graphs of Functions
Quiz
•
8th Grade
20 questions
Graphing Inequalities on a Number Line
Quiz
•
6th - 9th Grade
20 questions
Exponent Rules Review
Quiz
•
8th - 9th Grade
20 questions
One Step equations addition and subtraction
Quiz
•
5th - 8th Grade
20 questions
Translations
Quiz
•
8th Grade
25 questions
Complementary and Supplementary Angles
Quiz
•
7th - 10th Grade