Simple Interest And Percent Change Quiz: Trivia

9 Questions | Total Attempts: 438

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Simple Interest And Percent Change Quiz: Trivia

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Questions and Answers
  • 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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