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

Question 9: This question is available to subscribers only!

Question 10: This question is available to subscribers only!

