SIMPLE INTEREST
Quiz
•
Mathematics
•
9th Grade
•
Practice Problem
•
Medium
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10 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Jerry borrowed RM4,000 for 5 years at 6% simple interest rate. How much interest is that?
RM800
RM1,000
RM1,200
RM1,500
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Ann puts RM300 in a bank account earning 4% interest. How much will she earn in interest in 1 year?
4
8
12
16
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Starting money = RM350.
Interest rate = 2.5%
TIme = 3 years.
How much interest?
RM7.50
RM26.25
RM87.5
RM262.50
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Julie borrowed RM3,500 for 3 years at 7½% simple interest rate.
How much interest is that?
RM812.50
RM787.50
RM810
5.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Principal = RM500
Interest rate =5%
Time = 5 years
What is the interest earned?
95
105
125
135
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Kennedy won RM3,000 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?
RM8700
RM38,700
RM870
RM3,870
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Emily’s parents put RM1500 in her bank account for college tuition at a simple interest rate of 8.25%. What will be the balance after 18 years?
RM22,275
RM2227.50
RM12,375
RM3727.50
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