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Percentages

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Question 24

Holly invests £700 \pounds 700\,£700 for 4 years in a bank account. The account pays simple interest at a rate of 1.5% per year.

a.

Work out the amount of interest Holly has got at the end of one year.

[1]
b.

Hence work out the total amount of interest Holly has got at the end of 4 years.

[2]
Markscheme

Percentages Questions

  1. GCSE
  2. /Maths
  3. /Percentages

199 exam-style questions on Eduqas GCSE Maths Percentages. Each one has a worked solution and a mark scheme showing where the marks go.

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