Percentages: Interest Simple and Compound

Easy

Medium

Difficult

Q1) Multiplication factor to decrease by 10% is
Q1) Alfie places £160 in a bank for 4 years at 8% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q1) Logun invests £5392 in bonds for 4 years at a 3% 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 increase by 45% is
Q2) Prabjot places £92 in a bank for 13 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q2) Sam invests £3353 in bonds for 7 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.
Q3) Multiplication factor to decrease by 35% is
Q3) Ariel places £783 in a bank for 13 years at 6% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q3) Logun invests £9782 in bonds for 7 years at a 8% 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 increase by 20% is
Q4) Nathan places £17 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.
Q4) Prabjot invests £8266 in bonds for 15 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.
Q5) Multiplication factor to increase by 40% is
Q5) Harley places £215 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.
Q5) Jenson invests £4642 in bonds for 2 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.
Q6) Multiplication factor to decrease by 40% is
Q6) Anna places £755 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.
Q6) Anna invests £894 in bonds for 12 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 5% is
Q7) Sharney places £597 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.
Q7) Anna invests £3194 in bonds for 14 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 decrease by 20% is
Q8) Steven places £209 in a bank for 7 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q8) Sharney invests £2196 in bonds for 3 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 decrease by 15% is
Q9) Anna places £378 in a bank for 7 years at 3% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q9) Brady invests £974 in bonds for 4 years at a 6% 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 15% is
Q10) Jenson places £522 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.
Q10) Alfie invests £8085 in bonds for 10 years at a 3% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.