Percentages: Interest Simple and Compound

Easy

Medium

Difficult

Q1) Multiplication factor to decrease by 45% is
Q1) Teagan places £271 in a bank for 5 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q1) McKenzie invests £9017 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.
Q2) Multiplication factor to decrease by 35% is
Q2) Anna places £92 in a bank for 11 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q2) Kyra invests £9646 in bonds for 15 years at a 14% 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 45% is
Q3) Teagan places £266 in a bank for 12 years at 7% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q3) Prabjot invests £2486 in bonds for 13 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) Anna places £523 in a bank for 5 years at 8% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q4) Alfie invests £9074 in bonds for 13 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.
Q5) Multiplication factor to increase by 10% is
Q5) Harley places £807 in a bank for 4 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q5) Prabjot invests £5222 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.
Q6) Multiplication factor to increase by 35% is
Q6) Sam places £287 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.
Q6) Logun invests £1847 in bonds for 7 years at a 10% 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 30% is
Q7) Kyra places £367 in a bank for 5 years at 3% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q7) Brady invests £623 in bonds for 15 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.
Q8) Multiplication factor to increase by 25% is
Q8) Sam places £461 in a bank for 12 years at 7% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q8) Alex invests £2184 in bonds for 6 years at a 14% 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 5% is
Q9) Harley places £612 in a bank for 3 years at 8% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q9) Anna invests £3932 in bonds for 12 years at a 2% 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 increase by 50% is
Q10) Teagan places £507 in a bank for 11 years at 8% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q10) Brady invests £5336 in bonds for 10 years at a 11% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.