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Online Quiz (Worksheet A B C D)

Questions Per Quiz = 2 4 6 8 10

Grade 6 - Mathematics
8.11 Simple Interest


Directions: Answer the following qustions. Also write at least five examples of your own.
Q 1: Amount = Principal + _____
Interest
Principal
Rate
Loss

Q 2: 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?
$500
$410
$590
$545

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

Q 4: Find interest on $75 for 9 months at the rate of 2 cents per month per dollar.
$13.50
$12.75
$15.30
$14.40

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

Q 6: The amount of money one borrow for his needs (or) one lends to others is called _______.
Amount
Rate
Interest
Principal

Q 7: The agreement between lender and borrower about interest to be calculated is called _______.
Interest
Principal
Profit
Rate of Interest

Q 8: The interest per $100 per year is called ____.
Amount
Principal
Rate of Interest
Profit

Question 9: This question is available to subscribers only!

Question 10: This question is available to subscribers only!


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