Percentages: Interest Simple and Compound

Easy

Medium

Difficult

Q1) Multiplication factor to decrease by 25% is
Q1) McKenzie places £842 in a bank for 6 years at 5% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q1) Sharney invests £6054 in bonds for 12 years at a 5% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q2) Multiplication factor to decrease by 35% is
Q2) Alex places £877 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.
Q2) Harley invests £7247 in bonds for 11 years at a 7% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q3) Multiplication factor to increase by 35% is
Q3) Ariel places £142 in a bank for 13 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q3) Kyra invests £242 in bonds for 15 years at a 7% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q4) Multiplication factor to decrease by 5% is
Q4) Prabjot places £436 in a bank for 4 years at 3% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q4) Prabjot invests £8820 in bonds for 11 years at a 5% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q5) Multiplication factor to increase by 25% is
Q5) Sharney places £863 in a bank for 7 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q5) Prabjot invests £7038 in bonds for 9 years at a 9% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q6) Multiplication factor to decrease by 10% is
Q6) Prabjot places £950 in a bank for 3 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q6) Alex invests £3233 in bonds for 15 years at a 4% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q7) Multiplication factor to increase by 45% is
Q7) Teagan places £935 in a bank for 15 years at 7% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q7) Teagan invests £9547 in bonds for 5 years at a 7% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q8) Multiplication factor to increase by 50% is
Q8) Prabjot places £688 in a bank for 9 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q8) Anna invests £8022 in bonds for 8 years at a 7% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q9) Multiplication factor to increase by 10% is
Q9) Ariel places £135 in a bank for 14 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q9) Jenson invests £7205 in bonds for 3 years at a 15% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q10) Multiplication factor to decrease by 15% is
Q10) Sharney places £27 in a bank for 5 years at 6% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q10) McKenzie invests £6124 in bonds for 7 years at a 15% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.