Percents and Simple Interest

Quiz
•
Mathematics
•
7th Grade
•
Medium
+4
Standards-aligned
Lisa McEwen
Used 40+ times
FREE Resource
30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The simple interest formula is i = P r t
What does the t represent?
Principle
Interest Rate
Number of times interest is compounded
Number of years
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Calculate the Simple Interest:
Principle : $350
Interest Rate : 2.5%
Time : 3 years
$7.50
$26.25
$87.50
$262.50
Tags
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The simple interest formula is i = P r t
The P represents the principle. Principle means . . .
the amount of money borrowed or deposited
the percent interest for this year
the amount taxed
the amount the bank awards you for being a customer at their bank
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tags
CCSS.7.RP.A.3
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Daniel has dinner at a restaurant and the cost of his meal is $28.00. Because of the service, he wants to leave a 20% tip. What is his total bill including tip?
33.60
40.00
24.60
30.50
Tags
CCSS.6.RP.A.3C
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much tip should you leave if you want to tip 23% at Applebee's on a $27.31 bill?
$6.28
$33.59
$21.03
$7.50
Tags
CCSS.6.RP.A.3C
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tags
CCSS.6.RP.A.3C
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