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Online Quiz (Worksheet A B C D)

Questions Per Quiz = 2 4 6 8 10

Grade 6 - Mathematics
8.13 Simple Interest Word Problems

Directions: Answer the following qustions. Also write at least five examples of your own.
Q 1: Principal = $1,500, Rate = 36%, and Time = 26-2-1991 to 8-7-1991, find the total amount.
$1650.32
$1635.50
$1690.76
$1695.29

Q 2: Paul had a credit card balance of $10,000 which carried a finance charge of 24% per annum. After 2 years, he won $18,000 in a lottery and paid off the credit card balance. After paying off the debt, how much money did he have?
$5,000
$8,000
$4,600
$3,200

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Question 4: This question is available to subscribers only!


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