Simple Interest

Simple Interest

7th Grade

9 Qs

quiz-placeholder

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Assessment

Quiz

Mathematics

7th Grade

Easy

Created by

Patti Bauer

Used 10+ times

FREE Resource

9 questions

Show all answers

1.

MATCH QUESTION

1 min • 1 pt

Match the following variables to their term

time

I

interest

p

rate

r

principal

t

2.

MATCH QUESTION

1 min • 1 pt

Match the following

the formula

rate

$ paid

I=prt

$ borrowed

principal

given in years

time

given as %, need to make decimal

interest

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What is 15% as a decimal?

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What is 7% as a decimal?

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What is 4.3% as a decimal?

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is the correct formula for finding simple interest?

I=prt

I=mpy

S=prt

S=mpy

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What is 12% as a decimal?

8.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What is 9% as a decimal?

9.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What is 6.1% as a decimal?