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Worksheetssimple interest
Total questions: 10
Worksheet time: 10mins
The rate is given as a percent (%) . Before using it in a simple interest formula, you must first convert it to a ______.
fraction
decimal
ratio
dollar amount
The simple interest formula is I=Prt. The P represents the principal. The Principal is the __________.
rate
proportion
investment
fee
44.5% of the pie chart is teal. Write that percent as a decimal.
.0445
4.45
44.50
.445
What does the "I" in the simple interest formula stand for?
Interest
Independent
Investment
Increasing
What does the "r" in the simple interest formula represent?
ratio
time
amount of dollars
interest rate
Jay borrows $1200 from a bank with 8% simple interest per year. How much will he have to pay back total after 2 years?
$192
$1350
$1392
$150
The Burger Stop will donate 15% of the total sales to the Robotics Club. How much will the Robotics club receive if the total sales reach $1350?
$150.00
$1552.50
$202.50
$1500.00
What does the "t" in the simple interest formula represent?
time (in years)
time (in hours)
time (in days)
time (in months)
The Burger Spot donates 15% of total sales to the Robotics Club. If the Robotics Club was given $300 by the restaurant, what were the total sales?
$4,500
$2,000
$1,700
$3,100
7% of the pie chart is red. Write that percent as a decimal.
0.7
0.07
70.0
0.007
