Simple Interest Word Problem

Quiz
•
Mathematics
•
7th Grade
•
Hard
Barbara White
FREE Resource
32 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
principle = $350.
Interest rate = 5%
TIme = 3 years.
How much interest?
$7.50
$26.25
$87.5
$52.50
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Calculate the interest. I = PRT,
Principal = $1000,
Rate = 6%,
Time = 2 years
$100
$120
$180
1200
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Principal = $10000,
Rate = 7%,
Time = 20 years
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The simple interest formula is I=Prt. The P represents the principal. The principal is ___________________.
the amount of money
the percent interest for his year
the rate
the percent proportion
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