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Date:___________________

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Grade 6 - Mathematics
8.11 Simple Interest


Directions: Answer the following qustions. Also write at least five examples of your own.
Q 1: The amount of money one borrow for his needs (or) one lends to others is called _______.
Interest
Amount
Rate
Principal

Q 2: The extra money that is repaid to the lender in addition to the money borrowed is called _____.
Principal
Interest
Amount
Extra

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

Q 4: Amount = Principal + _____
Rate
Interest
Principal
Loss

Q 5: A=P+_?_
I
L
T
R

Q 6: The agreement between lender and borrower about interest to be calculated is called _______.
Profit
Rate of Interest
Principal
Interest

Q 7: The interest per $100 per year is called ____.
Amount
Principal
Rate of Interest
Profit

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

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Question 10: This question is available to subscribers only!


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