simple interest

simple interest

9th - 12th Grade

12 Qs

quiz-placeholder

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simple interest

simple interest

Assessment

Quiz

Mathematics

9th - 12th Grade

Medium

CCSS
7.RP.A.3, HSF.BF.A.2, 7.EE.B.3

+1

Standards-aligned

Created by

Mohammed Omar

Used 137+ times

FREE Resource

12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Find the simple interest earned for principal of $2,000 at and 8% rate for 5 years.

$160

$800

$80,000

$16

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.3

CCSS.7.RP.A.3

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Find the simple interest earned when the principal is $500 at a rate of 10% held in the bank for 8 months.

$33.50

$40,000

$50

$400

Tags

CCSS.HSF.BF.A.2

3.

MULTIPLE CHOICE QUESTION

5 mins • 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.EE.B.3

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Find the simple interest paid on a loan of $1,500 at a rate of 19% 15 months.

$356.25

$427,500

$4,275

$285

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Find the simple interest paid on a loan of $4,750 at a rate of 19.5% for 30 months.

$5

$2315.63

$27,787.50

$926.25

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.3

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Find the simple interest paid on a deposit of $225 at a rate of 1.5% over 2 years.

$6.75

$3.375

$2,278.13

$6,750

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

3 mins • 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

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