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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.

Name: ___________________

Date:___________________

Grade 6 - Mathematics
8.11 Simple Interest

Q 1: The interest per $100 per year is called ____.
Amount
Profit
Rate of Interest
Principal

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

Q 3: A person borrowed $500 at the rate of 3 cents per month per dollar and repaid the amount after 6 months. How much did he repay?
$410
$545
$590
$500

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

Q 5: Amount = Principal + _____
Loss
Rate
Interest
Principal

Q 6: Interest is ________ proportional to the principal, rate of interest and time period.
inversely
directly
not

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

Q 8: Find interest on $75 for 9 months at the rate of 2 cents per month per dollar.
$15.30
$12.75
$13.50
$14.40

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Question 10: This question is available to subscribers only!


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