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Questions Per Quiz = 2 4 6 8 10

### MEAP Preparation - Grade 7 Mathematics1.117 Problems on Simple Interest

 Directions: Answer the following qustions. Also write at least five examples of your own.
 Q 1: Principal = \$1,800, rate = 30% per annum, time = 2-26-1991 to 7-8-1991. Find I.\$279.37\$298.45\$237.84\$299.37 Q 2: Principal = \$3,000, rate = 11% per annum, time = 2 1/3 years. Find I.\$670\$690\$770\$745 Q 3: Principal = \$7,500, rate = 16% per annum, time = 2 years 3 months. Find I.\$2,376\$2,500\$3,435\$2,700 Q 4: Principal = \$2,000, rate = 24% per annum, time = 2-11-1991 to 6-25-1991. Find I.\$198.35\$186.22\$145.67\$176.22 Q 5: Principal = \$10,000, rate = 15% per annum, time = 1 year 4 months. Find I.\$2,350\$2,850\$2,000\$2,500 Q 6: Principal = \$1,500, rate = 36% per annum, time = 2-26-1991 to 7-8-1991. Find I.\$176.45\$195.29\$185.29\$185.34 Q 7: Principal = \$5,000, rate = 18% per annum, time = 1 year 9 months. Find I.\$1,500\$1,480\$1,575\$1,845 Q 8: Principal = \$2,500, rate = 5% per annum, time = 6 months. Find I.\$62.50\$72.50\$76.86\$64.75 Question 9: This question is available to subscribers only! Question 10: This question is available to subscribers only!