Percentage Problems Q

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Percentage Problems 34 marks

1. In a sale all the normal prices are reduced by 18%.


In the sale Mandy pays 12.71 for a hat.

Calculate the normal price of the hat.

..
(Total 3 marks)

2. Loft insulation reduces annual heating costs by 20%.


After he insulated his loft, Curtleys annual heating cost was 520.

Work out Curtleys annual heating cost would have been, if he had not insulated his loft.


(Total 3 marks)

3. Henry invests 4500 at a compound interest rate of 5% per annum.

At the end of n complete years the investment has grown to 5469.78.

Find the value of n.


(Total 2 marks)

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4. A company bought a van that had a value of 12 000
Each year the value of the van depreciates by 25%.

(a) Work out the value of the van at the end of three years.

.......................
(3)

The company bought a new truck.


Each year the value of the truck depreciates by 20%.
The value of the new truck can be multiplied by a single number to find its value at the end of
four years.

(b) Find this single number as a decimal.

..........................
(2)
(Total 5 marks)

5. Mario invests 2000 for 3 years at 5% per annum compound interest.

Calculate the value of the investment at the end of 3 years.

.
(Total 3 marks)

6. Bill invests 500 on 1st January 2004 at a compound interest rate of R% per annum.
The value, V, of this investment after n years is given by the formula

V = 500 (1.045)n

(a) Write down the value of R.

R =

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(b) Use your calculator to find the value of Bills investment after 20 years.

..
(2)
(Total 3 marks)

7. Hajras weekly pay this year is 240


This is 20% more than her weekly pay last year.

Bill says This means Hajras weekly pay last year was 192.

Bill is wrong,

(a) Explain why.

.....................................................................................................................................

.....................................................................................................................................
(1)

(b) Work out Hajras weekly pay last year.

.....................................
(2)
(Total 3 marks)

8. In a sale, normal prices are reduced by 15%.


The sale price of a CD player is 102

Work out the normal price of the CD player.

.....................................
(Total 3 marks)

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9. In a sale, normal prices are reduced by 12%.
The sale price of a DVD player is 242.

Work out the normal price of the DVD player.


(Total 3 marks)

10. A garage sells cars.


It offers a discount of 20% off the normal price for cash.

Dave pays 5200 cash for a car.

Calculate the normal price of the car.

..........................
(Total 3 marks)

11. In a sale, normal prices are reduced by 20%.

SALE
20% OFF

Andrew bought a saddle for his horse in the sale.


The sale price of the saddle was 220.

Calculate the normal price of the saddle.


(Total 3 marks)

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