
Percent Proportion and Simple Interest
Authored by Anthony Clark
Mathematics
7th Grade
CCSS covered

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19 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Emilio borrows $1200 from a bank with 8.5% simple interest per year. How much will he have to pay back total in 2 years?
$204
$996
$1,020
$1,404
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The rate is given as a percent (%). Before using it in the simple interest formula, you must first convert it to a______.
fraction
decimal
ratio
dollar amount
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The simple interest formula is I=Prt. What does the t represent?
Principle
Interest
Time, in hours
Time, in years
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Tina invested $2,000 in a simple interest account and earned 8% rate for 5 years. What is the interest that she earned on the account?
$160
$800
$80,000
$16
Tags
CCSS.7.RP.A.3
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Maria borrowed $3,000 at a simple interest rate of 4% per year. How much did she have to repay after 4 years?
$480
$3,480
$4,800
$7,800
Tags
CCSS.7.RP.A.3
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Ron is seeking a loan with a simple interest rate of 7% per year. He wants to borrow $4,500. How much will he be charged after 36 months?
(principal is the total amount borrowed) (time is in years, so convert 36 months to years)
$5,445
$9,450
$11,340
$945
Tags
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
John put 14,000 Euros in an account at a simple interest rate of 1% per year. How much interest will he get after 12 years?
16,800 Euros
168,000 Euros
1,680 Euros
Tags
CCSS.7.RP.A.3
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