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#### Online Quiz (WorksheetABCD)

Questions Per Quiz = 2 4 6 8 10

### Grade 6 - Mathematics8.11 Simple Interest

 Directions: Answer the following qustions. Also write at least five examples of your own.
 Q 1: A=P+_?_RLIT Q 2: The agreement between lender and borrower about interest to be calculated is called _______.ProfitRate of InterestPrincipalInterest Q 3: The extra money that is repaid to the lender in addition to the money borrowed is called _____.InterestPrincipalExtraAmount Q 4: Interest is ________ proportional to the principal, rate of interest and time period.notinverselydirectly Q 5: Find interest on \$75 for 9 months at the rate of 2 cents per month per dollar.\$12.75\$14.40\$13.50\$15.30 Q 6: The total money which is repaid to the lender at the end of agreed time is called ___Amount (Total Amount)PrincipalInterestRate Q 7: 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?\$545\$500\$410\$590 Q 8: Amount = Principal + _____InterestLossPrincipalRate Question 9: This question is available to subscribers only! Question 10: This question is available to subscribers only!