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Percents and Simple Interest

Authored by Anthony Clark

Mathematics

7th Grade

CCSS covered

Percents and Simple Interest
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10 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Write 4.3% as a decimal.

4.3

.43

0.043

4300

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Caiden earned $475 from mowing lawns last summer. He deposited this money in an account that pays a simple interest rate of 3.8%. What will be the amount of interest earned after 15 years?

$3182.50

$270.75

$2707.50

$745.75

Tags

CCSS.7.RP.A.3

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Emily’s parents put $1500 in her bank account for college tuition at a simple interest rate of 8.25%. What will be the balance after 18 years?

$22,275

$2227.50

$12,375

$3727.50

Tags

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Mark took out a loan for $25,690 to purchase a new truck at a simple interest rate of 5.2%. How much interest will he pay on his truck after 5 years?

$6,679.40

$32,369.40

$66,794

$679.40

Tags

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Kennedy won $3,000 from a radio contest. If she puts this money in a bank account that earns 2.9% simple interest, how much will she have in total in her account at the end of 10 years?

$8700

$38,700

$870

$3,870

Tags

CCSS.7.RP.A.3

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Riley invested $1,000 in a savings account. If the account earns 6.75% simple interest, what is the balance in her account after 15 years?

$1,012.50

$10,012.50

$2,012.50

$201.25

Tags

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Twelve years ago, Claire deposited $1,800 in a savings account. It pays 2.5% simple interest. How much in interest did Claire earn in the account?

$2,340

$23,400

$540

$54

Tags

CCSS.7.RP.A.3

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