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Online Quiz (Worksheet A B C D)

Questions Per Quiz = 2 4 6 8 10

MEAP Preparation - Grade 7 Mathematics
1.116 Simple Interest


Directions: Answer the following qustions. Also write at least five examples of your own.
Q 1: Amount = Principal + _____
Rate
Principal
Interest
Loss

Q 2: The agreement between lender and borrower about interest to be calculated is called _______.
Interest
Principal
Profit
Rate of Interest

Q 3: The total money which is repaid to the lender at the end of agreed time is called ___
Principal
Interest
Amount (Total Amount)
Rate

Q 4: The amount of money one borrow for his needs (or) one lends to others is called _______.
Interest
Amount
Principal
Rate

Q 5: The extra money that is repaid to the lender in addition to the money borrowed is called _____.
Interest
Amount
Principal
Extra

Q 6: The interest per $100 per year is called ____.
Amount
Principal
Profit
Rate of Interest

Q 7: A=P+_?_
R
L
I
T

Q 8: Interest is ________ proportional to the principal, rate of interest and time period.
not
directly
inversely

Question 9: This question is available to subscribers only!

Question 10: This question is available to subscribers only!


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