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Questions Per Quiz = 2 4 6 8 10

### MEAP Preparation - Grade 7 Mathematics1.117 Problems on Simple Interest

 Directions: Answer the following qustions. Also write at least five examples of your own.
 Q 1: Principal = \$2,500, rate = 5% per annum, time = 6 months. Find I.\$72.50\$62.50\$76.86\$64.75 Q 2: Principal = \$5,000, rate = 18% per annum, time = 1 year 9 months. Find I.\$1,575\$1,845\$1,500\$1,480 Q 3: Principal = \$1,000, rate = 10% per annum, time = 3 1/3 years. Find I.\$468.34\$345.12\$444.44\$333.33 Q 4: Principal = \$7,500, rate = 16% per annum, time = 2 years 3 months. Find I.\$2,500\$3,435\$2,700\$2,376 Q 5: Principal = \$3,000, rate = 11% per annum, time = 2 1/3 years. Find I.\$690\$670\$770\$745 Q 6: Principal = \$1,500, rate = 36% per annum, time = 2-26-1991 to 7-8-1991. Find I.\$185.34\$195.29\$176.45\$185.29 Q 7: Principal = \$10,000, rate = 15% per annum, time = 1 year 4 months. Find I.\$2,000\$2,500\$2,850\$2,350 Q 8: Principal = \$2,000, rate = 24% per annum, time = 2-11-1991 to 6-25-1991. Find I.\$186.22\$176.22\$145.67\$198.35 Question 9: This question is available to subscribers only! Question 10: This question is available to subscribers only!