Mastering Percentages: Compound Interest

Mathematics
GCSE Foundation
11 questions
~22 mins
0 views0 downloads

About This Worksheet

A worksheet covering Percentages with a focus on Compound Interest, including procedural questions, reasoning problems, and real-world scenarios for GCSE Foundation students.

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Mastering Percentages: Compound Interest

Subject: MathematicsGrade: GCSE Foundation
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Untitled Worksheet

Grade GCSE Foundation
A

Practice Questions

Answer all questions. Show your working in the grid spaces provided.
1.
Calculate the compound interest earned on £2000 after 3 years at an annual interest rate of 5%, compounded yearly.
[3 marks]
2.
What is the total amount after 4 years if £1500 is invested at 6% interest compounded annually?
[3 marks]
3.
A sum of money doubles in value after 10 years at a fixed interest rate compounded yearly. What is the annual interest rate?
[2 marks]
4.
Calculate the amount after 5 years if £1000 is invested at an annual interest rate of 4%, compounded yearly.
[3 marks]
5.
If £2500 grows to £3000 in 2 years at compound interest, what is the annual interest rate?
[2 marks]
6.
A savings account offers an annual compound interest rate of 3.5%. How much will £1200 grow to after 6 years?
[3 marks]
7.
Explain the effect of increasing the interest rate from 4% to 6% on the growth of an investment over 5 years.
[4 marks]
8.
A person invests £5000 at a rate of 4.5% compounded annually. How long will it take for the investment to double?
[3 marks]
9.
A bank offers a savings plan where £1000 grows to £1500 in 4 years. Find the annual interest rate.
[2 marks]
10.
A company invests £10,000 at an annual compound interest rate of 5%. How much will the investment be worth after 10 years?
[3 marks]
11.
Challenge: A loan of £5000 accrues interest at 8% compounded annually. How many years will it take for the loan to grow to £10,000?
[4 marks]

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Details

Created
12/30/2025
Updated
12/30/2025
Type
worksheet