Mr Daniels Maths
Percentages: Interest Simple and Compound

Set 1

Set 2

Set 3

Q1) The multiplication factor to increase by 40% is?

Q1) Steven places £736 in a bank for 3 years at 5% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q1) Lumaya invests £10000 in bonds for 13 years at a compound interest rate of 13%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q2) The multiplication factor to decrease by 25% is?

Q2) Eva places £896 in a bank for 3 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q2) Hassan invests £2000 in bonds for 6 years at a compound interest rate of 15%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q3) The multiplication factor to increase by 25% is?

Q3) Alfie places £896 in a bank for 10 years at 3% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q3) Hammid invests £2000 in bonds for 5 years at a compound interest rate of 14%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q4) The multiplication factor to increase by 35% is?

Q4) Jaden places £961 in a bank for 2 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q4) Monique invests £3000 in bonds for 8 years at a compound interest rate of 11%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q5) The multiplication factor to increase by 25% is?

Q5) Alex places £303 in a bank for 13 years at 7% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q5) Monique invests £6000 in bonds for 2 years at a compound interest rate of 7%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q6) The multiplication factor to decrease by 45% is?

Q6) Logun places £540 in a bank for 6 years at 3% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q6) Eva invests £4000 in bonds for 3 years at a compound interest rate of 10%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q7) The multiplication factor to decrease by 15% is?

Q7) Anna places £128 in a bank for 8 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q7) Logun invests £9000 in bonds for 11 years at a compound interest rate of 2%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q8) The multiplication factor to increase by 10% is?

Q8) Logun places £10 in a bank for 5 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q8) Sabrina invests £5000 in bonds for 12 years at a compound interest rate of 12%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q9) The multiplication factor to increase by 40% is?

Q9) Brady places £843 in a bank for 13 years at 8% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q9) Ariel invests £2000 in bonds for 10 years at a compound interest rate of 8%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q10) The multiplication factor to decrease by 15% is?

Q10) Sharney places £545 in a bank for 15 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q10) Logun invests £4000 in bonds for 11 years at a compound interest rate of 5%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.