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Simple Interest, Percent Change, Percent Error

Authored by Anthony Clark

Mathematics

7th Grade

CCSS covered

Simple Interest, Percent Change, Percent Error
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10 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Last week, you finished level 2 of a video game in 32 minutes. Today, you finished level 2 in 28 minutes. What is your percent of change?

Increase 12.5%

Decrease 12.5%

Increase 4%

Decrease 4%

Tags

CCSS.6.RP.A.3C

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The simple interest formula is I=Prt.  What does the t represent?

Principle

Interest

Time, in hours

Time, in years

Tags

CCSS.8.EE.C.7B

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

The simple interest formula is I=Prt.  The P represents the principle.  The principle is ___________________.  

the amount of money borrowed or deposited

the percent interest for his year

the amount taxed

the amount the bank owes you for being a customer at their bank

Tags

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Principal = $500
Interest rate =5%
Time = 5 years
What is the interest earned?

95

105

125

135

Tags

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Christian opened a savings account with $3250. His account will earn 5.2% simple interest. How much money will be in his account after 6 years?

$4,264.00

$1,104.00

$1,100.00

$4,400.00

Tags

CCSS.7.RP.A.3

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Alexis opened an account with $35. The account she opened earns simple interest at a rate of 8.6%. How much money will her account have in 4 years?

$47.04

$35.04

$45.00

$37.45

Tags

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Dan borrowed $2,000 for 6 months at 12% annual simple interest rate. How much interest is that?

$120

$144

$1,200

$1,440

Tags

CCSS.7.RP.A.3

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