High Interest

A Maths Starter of The Day

10% of £11.20 =
20% of £11.20 =
30% of £11.20 =
40% of £11.20 =
50% of £11.20 =
60% of £11.20 =
70% of £11.20 =
80% of £11.20 =
90% of £11.20 =
100% of £11.20 =

10% of £11.20 =
5% of £11.20 =
2.5% of £11.20 =
1.25% of £11.20 =
0.625% of £11.20 =

Work out the answers to these calculations in your head or on paper.
There are many uses for percentages in real life. Finding a good personal loan for example requires an ability to calculate percentages. Interest is the extra amount you would have to pay back to the personal loan company for borrowing the money. On the other hand you can earn interest by depositing money in a bank or building society. Compound interest is a topic you will learn about at school.

 

 

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    ANSWERS

    10% of £11.20 = £1.12 or 112p
    20% of £11.20 = £2.24
    30% of £11.20 = £3.36
    40% of £11.20 = £4.48
    50% of £11.20 = £5.60
    60% of £11.20 = £6.72
    70% of £11.20 = £7.84
    80% of £11.20 = £8.96
    90% of £11.20 = £10.08
    100% of £11.20 =£11.20    		 10% of £11.20 = £1.12 or 112p
    5% of £11.20 = 56p
    2.5% of £11.20 = 28p
    1.25% of £11.20 = 14p
    0.625% of £11.20 = 7p

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    More practice needed? Try "Quick Percentages"

    www.transum.org/go/?to=percent

     
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