Mr Daniels Maths
Percentages: Interest Simple and Compound

Set 1

Set 2

Set 3

Q1) The multiplication factor to increase by 10% is?

Q1) 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.

Q1) Jenson invests £3000 in bonds for 2 years at a compound interest rate of 1%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

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

Q2) Anna places £63 in a bank for 8 years at 8% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q2) Monique invests £2000 in bonds for 3 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.

Q3) The multiplication factor to decrease by 50% is?

Q3) Jennine places £215 in a bank for 10 years at 6% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q3) Jenson invests £8000 in bonds for 5 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.

Q4) The multiplication factor to decrease by 10% is?

Q4) Monique places £686 in a bank for 7 years at 6% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q4) Prabjot invests £3000 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.

Q5) The multiplication factor to decrease by 30% is?

Q5) Julie places £974 in a bank for 5 years at 10% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q5) 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.

Q6) The multiplication factor to increase by 40% is?

Q6) Lumaya places £231 in a bank for 8 years at 8% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q6) Hassan invests £8000 in bonds for 7 years at a compound interest rate of 3%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q7) The multiplication factor to increase by 30% is?

Q7) Hammid places £994 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.

Q7) Teagan invests £1000 in bonds for 6 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.

Q8) The multiplication factor to decrease by 15% is?

Q8) Sharney places £212 in a bank for 11 years at 5% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q8) Jenson invests £1000 in bonds for 6 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.

Q9) The multiplication factor to decrease by 20% is?

Q9) Hammid places £404 in a bank for 14 years at 7% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q9) Harley invests £8000 in bonds for 9 years at a compound interest rate of 4%. 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 35% is?

Q10) Eva places £880 in a bank for 8 years at 10% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q10) Alfie invests £7000 in bonds for 3 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.