Discounts and Simple Interest Formula

Discounts and Simple Interest Formula

7th Grade

16 Qs

quiz-placeholder

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Discounts and Simple Interest Formula

Discounts and Simple Interest Formula

Assessment

Quiz

Mathematics

7th Grade

Hard

Created by

Matthew Klem

Used 28+ times

FREE Resource

16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Target sells the Panasonic Camcorder for $229.99. If they put it on sale at 35% off, what is the discount?

$80.49

$80.50

$149.50

$149.99

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

The Samsung Galaxy Watch3 with bluetooth sells for $320. If Target discounts it by 15%, what would the sale price be?

$48

$272

$300

$315.20

3.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

A DualSense Wireless Controller for Playstation5 is on sale for $63. If the controller was discounted 10%, what is the original price of the controller?

$60

$65

$70

$75

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

You put $4500 in a savings account. The account earns 8% simple interest.


What amount of interest did you earn after 5 years?

$1800

$6300

$12000

$180000

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

You put $2700 in an account. The account earns 5% simple interest.


What is the balance of the account after 138 months?

$1,552.50

$4,252.50

$18,630

$155,250

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

You put $6500 in an account earning 7% interest. How long will it take to earn $1820 in interest?

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

You put $7250 in an account that earns 6% interest. How long will it take to earn $2827.50 in simple interest?

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