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Simple Interest and Percentages

Authored by Anthony Clark

Mathematics

7th Grade

CCSS covered

Simple Interest and Percentages
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15 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Convert 3.5% to a decimal.

.035

350

.35

35

Answer explanation

To convert from a percent to a decimal, remove the percent sign and move the decimal point 2 places to the left. (Note: insert extra "0's" as needed)

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Change 18% to a decimal.

1.8

18

.18

180

Answer explanation

To convert from a percent to a decimal, remove the percent sign and move the decimal point 2 places to the left. (Note: insert extra "0's" as needed)

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Anna invested $2,500 at an annual rate of 5%.  How long will it take until Anna earns $1,125 in interest?

5 years

8 years

10 years

9 years

Tags

CCSS.8.EE.C.7B

5.

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

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the fraction equivalent of 40%?

4/100

2/5

2/50

40/1000

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Convert 4/5 to a percent.

45%

4.5%

80%

8%

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