Simple Interest 7.RP.A.3 Grade Practice Test Questions TOC | Lumos Learning

Simple Interest 7.RP.A.3 Question & Answer Key Resources Grade 7 Mathematics - Skill Builder + GMAS Practice

Grade 7 Mathematics - Skill Builder + GMAS Practice Simple Interest

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John invested a total of $5,000 in two different schemes L and M at the simple interest rate of 5% p.a. and 4% p.a. respectively. If the total amount of simple interest he earned in 2 years is $440, what was the amount invested in Scheme L? Drag and drop the correct answer into the box.

Resource: Question

Question Type: Drag & Drop

Standard(s):7.RP.A.3

Standard Description: Use proportional relationships to solve multistep ratio and percent problems. Examples: simple interest, tax, markups and markdowns, gratuities and commissions, fees, percent increase and decrease, percent error.

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