# Simple Interest And Percent Change Quiz: Trivia

9 Questions | Total Attempts: 438  Settings  .

• 1.
A bike was \$79.  It is now on sale for \$63.  What is the percent of change?
• A.

25% decrease

• B.

25% increase

• C.

20% decrease

• D.

20% decrease

• 2.
Find the percent of increase: 52 to 65
• A.

20% increase

• B.

20% decrease

• C.

25% increase

• D.

22 % decrease

• 3.
135 pounds to 120 pounds has a percent of change of 12.5%.
• A.

True

• B.

False

• 4.
If it was 25 degrees on Saturday and 15 degrees the next day, the percent of change is 40%.
• A.

True

• B.

False

• 5.
What is the percent of decrease if a price today is \$26 but was \$20 in 1980? Be sure to put the % symbol after your answer.
• 6.
What is the formula for finding simple interest?
• A.

P= IRT

• B.

I=PRT

• C.

T=RTI

• D.

D/O

• 7.
What does the "T" mean in the formula for simple interest?
• A.

Time in months

• B.

Percent

• C.

Rate

• D.

Time in years

• 8.
Find the simple interest: You deposit \$250 in a savings account.  The band pays 3%.  You keep it in for 3 years.  How much will the interest be in 3 years? BE SURE TO PUT A \$ BEFORE YOUR ANSWER AND MAKE IT MONEY...TWO PLACES AFTER THE DECIMAL.
• 9.
If you deposit \$1,000 at 4.5% for 5 years, how much will you have (total) in your account after 5 years?
• A.

\$225

• B.

\$1,225

• C.

\$1,000

• D.

\$22,500

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