Simple Interest
Quiz by Leonie Landicho
Feel free to use or edit a copy
includes Teacher and Student dashboards
Measure skillsfrom any curriculum
Measure skills
from any curriculum
Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.
With a free account, teachers can
- edit the questions
- save a copy for later
- start a class game
- automatically assign follow-up activities based on students’ scores
- assign as homework
- share a link with colleagues
- print as a bubble sheet
4 questions
Show answers
- Q1
It is the exact amount invested/deposited or borrowed.
Principal Amount
Interest Rate
Time
Interest
45s - Q2
How is Simple Interest computed?
I = P + R + T
I = P + ( R x T )
I = P x R x T
I = P x (R ÷ T)
45s - Q3
Mr. De Castro borrowed ₱10 000 from a cooperative at a 7.5% interest for 2 years. How much interest must he pay? Which of the following equations will solve the problem?
₱10 000 x 0.075 x 2 = N
₱10 000 + ( P10 000 x 7.5 x 2 ) = N
₱10 000 x 7.5 x 2 = N
₱10 000 + ( P10 000 x 0.075 x 2 ) = N
45s - Q4
Determine the interest for ₱950.00 for 6 months at 4% annually.
₱18
₱19
₱20
₱21
120s