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Questions Per Quiz = 2 4 6 8 10

### Grade 6 - Mathematics8.11 Simple Interest

 Directions: Answer the following qustions. Also write at least five examples of your own.
 Q 1: Interest is ________ proportional to the principal, rate of interest and time period.notdirectlyinversely Q 2: Find interest on \$75 for 9 months at the rate of 2 cents per month per dollar.\$14.40\$15.30\$12.75\$13.50 Q 3: The extra money that is repaid to the lender in addition to the money borrowed is called _____.ExtraAmountPrincipalInterest Q 4: The amount of money one borrow for his needs (or) one lends to others is called _______.PrincipalInterestRateAmount Q 5: The agreement between lender and borrower about interest to be calculated is called _______.ProfitInterestRate of InterestPrincipal Q 6: 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\$590\$545\$410 Q 7: A=P+_?_IRLT Q 8: The total money which is repaid to the lender at the end of agreed time is called ___InterestPrincipalAmount (Total Amount)Rate Question 9: This question is available to subscribers only! Question 10: This question is available to subscribers only!