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Online Quiz (Worksheet A B C D)

Questions Per Quiz = 2 4 6 8 10

MEAP Preparation - Grade 7 Mathematics
1.117 Problems on Simple Interest


Directions: Answer the following qustions. Also write at least five examples of your own.
Q 1: Principal = $5,000, rate = 18% per annum, time = 1 year 9 months. Find A.
$6540
$5760
$5675
$6575

Q 2: Principal = $10,000, rate = 15% per annum, time = 1 year 4 months. Find I.
$2,000
$2,350
$2,500
$2,850

Q 3: Principal = $5,000, rate = 18% per annum, time = 1 year 9 months. Find I.
$1,575
$1,500
$1,480
$1,845

Q 4: Principal = $1,500, rate = 36% per annum, time = 2-26-1991 to 7-8-1991. Find I.
$195.29
$185.29
$185.34
$176.45

Q 5: Principal = $2,500, rate = 5% per annum, time = 6 months. Find I.
$76.86
$72.50
$62.50
$64.75

Q 6: Principal = $3,000, rate = 11% per annum, time = 2 1/3 years. Find I.
$770
$670
$745
$690

Q 7: Principal = $2,000, rate = 24% per annum, time = 2-11-1991 to 6-25-1991. Find I.
$176.22
$145.67
$198.35
$186.22

Q 8: Principal = $7,500, rate = 16% per annum, time = 2 years 3 months. Find I.
$2,500
$3,435
$2,376
$2,700

Question 9: This question is available to subscribers only!

Question 10: This question is available to subscribers only!


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