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Online Quiz (Worksheet A B C D)

Questions Per Quiz = 2 4 6 8 10

Grade 6 - Mathematics
8.11 Simple Interest


Directions: Answer the following qustions. Also write at least five examples of your own.
Q 1: Find interest on $75 for 9 months at the rate of 2 cents per month per dollar.
$13.50
$15.30
$14.40
$12.75

Q 2: A=P+_?_
L
R
I
T

Q 3: The extra money that is repaid to the lender in addition to the money borrowed is called _____.
Principal
Amount
Extra
Interest

Q 4: A person borrowed $500 at the rate of 3 cents per month per dollar and repaid the amount after 6 months. How much did he repay?
$500
$410
$545
$590

Q 5: Interest is ________ proportional to the principal, rate of interest and time period.
inversely
not
directly

Q 6: The agreement between lender and borrower about interest to be calculated is called _______.
Profit
Rate of Interest
Interest
Principal

Q 7: The interest per $100 per year is called ____.
Amount
Principal
Profit
Rate of Interest

Q 8: The amount of money one borrow for his needs (or) one lends to others is called _______.
Interest
Rate
Amount
Principal

Question 9: This question is available to subscribers only!

Question 10: This question is available to subscribers only!


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