Percent Change and Simple Interest

Percent Change and Simple Interest

7th Grade

15 Qs

quiz-placeholder

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Percent Change and Simple Interest

Percent Change and Simple Interest

Assessment

Quiz

Mathematics

7th Grade

Practice Problem

Hard

CCSS
7.RP.A.3, 6.RP.A.3C

Standards-aligned

Created by

Anthony Clark

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A pair of socks costs $2.50 originally. The price is reduced to $1.75. What is the percent change?

43% increase

43% decrease

30% decrease

30% increase

Tags

CCSS.6.RP.A.3C

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Calculate the percent change from 50 to 75.

25%

50%

75%

100%

Tags

CCSS.6.RP.A.3C

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Jack deposited $1,400 in his bank account.  After 3 years, the account earned $294 in interest.  Find the simple interest rate.

5%

8%

7.25%

7%

Tags

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Jerry borrowed $4,000 for 5 years at 6% simple interest rate. How much interest is that?

$800

$1,000

$1,200

$1,500

Tags

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A house is listed for $230,000. After a year, it's marked down to $200,000. What was the percent change?

About a 15% increase

About a 115% decrease

About a 13% decrease

About a 15% decrease

Tags

CCSS.6.RP.A.3C

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Amanda invests $5,000 in a savings account with an annual interest rate of 2%. What will her total investment be worth after three years?

$300

$3,000

$5,300

$8,000

Tags

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Ann puts $300 in a bank account earning 4% interest.  How much will she earn in interest in 1 year?

4

8

12

16

Tags

CCSS.7.RP.A.3

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