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Mathematics

7th

grade

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Simple Interest and % Change

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10 questions

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  • 1. Multiple Choice
    15 minutes
    1 pt

    Emilio borrows $1200 from a bank with 8% simple interest per year. How much is the interest?

    $150

    $96

    9600

    $1392

  • 2. Multiple Choice
    15 minutes
    1 pt

    The regular price of a scooter is $65.50. It is on sale for $52.40. What is the percent decrease from the regular price to the sale price of the scooter?

    35%

    25%

    80%

    20%

  • 3. Multiple Choice
    15 minutes
    1 pt

    Dan borrowed $2,000 for 6 months at 12% annual simple interest rate. How much interest is that?

    $120

    $144,000

    $1,200

    $1,440

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