22 questions on percentage change, reverse percentages, simple and compound interest, and depreciation.

💷 Percentages and compound interest

Maths · GCSE Foundation · 22 questions · ~40 min

MathsUKwww.geekhero.co.uk

Percentages appear on all three papers and in more contexts than any other single topic — prices, wages, interest, VAT, population, depreciation. This sheet covers the whole of it in order. It begins with percentage of an amount and percentage change, including finding the percentage rather than applying it; moves to multipliers, which make everything after this easier; then to reverse percentages, where you are given the value after the change and asked for the original, and where subtracting instead of dividing is the commonest error in the topic; then to simple interest, compound interest and depreciation, where the multiplier is raised to a power rather than multiplied by the number of years. The last few questions mix the types without labelling them, because on the paper they are not labelled either.

1.Jamal invests £600 in a savings account paying 3% simple interest per year. Work out the total amount in the account after 4 years.
(a)£675.31
(b)£72
(c)£672
(d)£618
2.Work out 10% of 30% of £200.
(a)£60
(b)£80
(c)£20
(d)£6
3.£3000 is invested in a savings account that pays 4% compound interest each year. Work out the value of the investment after 2 years.
(a)£3244.80
(b)£3120.00
(c)£244.80
(d)£3240.00
4.A company's turnover this year is £180,000. Last year's turnover was £120,000. Write down this year's turnover as a percentage of last year's turnover.
(a)50%
(b)180%
(c)150%
(d)66.7%
5.A car is bought for £17,500. Its value decreases by 12% in the first year, and by a further 10% of its reduced value in the second year. Work out the value of the car at the end of the second year, giving your answer to the nearest pound.
(a)£15,400
(b)£13,860
(c)£13,650
(d)£15,750
6.Work out 15% of £40, using 10% and 5%.
(a)£6
(b)£4
(c)£600
(d)£2
7.A pack contains 20 stickers. Noah gives 1/5 of the pack to his sister. Work out how many stickers he gives away.
(a)4
(b)5
(c)100
(d)16
8.A laptop costs £800 when new. Its value decreases by 25% of its value at the start of each year. Work out how much value the laptop loses in the second year.
(a)£150
(b)£450
(c)£350
(d)£200
9.The same jumper is sold at two shops. Shop A charges £40 and Shop B charges £50. Write down the price at Shop A as a percentage of the price at Shop B.
(a)90%
(b)80%
(c)20%
(d)125%
10.The rent on a flat increases by 10% one year and by a further 10% the following year. Work out the overall percentage increase over the two years.
(a)121%
(b)11%
(c)21%
(d)20%
11.A sofa costs £800. Its price is increased by 25%. Work out the new price of the sofa.
(a)£1,000
(b)£600
(c)£825
(d)£200
12.A colony of bacteria has 400 bacteria. The number increases by 15% each hour. Work out the number of bacteria after 1 hour.
(a)60
(b)460
(c)340
(d)415
13.Order these three values from smallest to largest: 3/8, 0.43, 41%.
(a)3/8, 41%, 0.43
(b)0.43, 41%, 3/8
(c)3/8, 0.43, 41%
(d)41%, 0.43, 3/8
14.Aisha invests £3200 in Account A, which pays 5% compound interest each year. She also invests £3200 in Account B, which pays 3% simple interest each year. Work out how much more Account A is worth than Account B after 2 years.
(a)£3528
(b)£3392
(c)£136
(d)£128
15.A savings account pays 3.5% compound interest each year. Bilal invests £1200. Work out how much interest, in total, he earns after 2 years, to the nearest penny.
(a)£85.47
(b)£1285.47
(c)£84.00
(d)£42.00
16.In a class, 1/3 of the pupils are girls. There are 12 girls in the class. Work out how many pupils are in the class.
(a)18
(b)4
(c)24
(d)36
17.2/3 of an amount of money is £30. Work out the amount.
(a)£15
(b)£45
(c)£20
(d)£90
18.Work out 3/8 of 96.
(a)72
(b)12
(c)32
(d)36
19.The price of a games console is reduced by 10%. In a later sale the reduced price is reduced by 10% again. Work out the overall percentage decrease.
(a)21%
(b)81%
(c)20%
(d)19%
20.Work out 1/2 of 1/4 of 80.
(a)20
(b)10
(c)60
(d)40
21.A laptop is bought for £600. Its value decreases by 20% after 1 year. Work out the value of the laptop after 1 year.
(a)£120.00
(b)£580.00
(c)£480.00
(d)£720.00
22.A car is bought for £9000. Its value decreases by 8% each year. Work out its value after 2 years.
(a)£7560.00
(b)£10497.60
(c)£7617.60
(d)£8280.00

What is on this worksheet?

The sheet holds 22 questions drawn from the MathsUK bank — the content areas covered: Ratio, proportion and rates of change, Number (statements R9, R16, N12). It is pitched at GCSE Foundation and takes about 40 minutes to work through in full. It is built for independent practice, with full answers at the end for self-marking.

How to use the sheet well

Print it or open it on screen — both work. Printing is A4; the screen view fits phones and tablets.
Do all 22 questions before checking — about 40 minutes is the guide, but there is no time pressure.
Check the answers — press “Show answers” or print the answer page separately.
Redo the questions you got wrong — twice as effective as doing 22 fresh ones.
“New questions” — builds a fresh sheet on the same statements, so you can practise again without repeats.

Why this sheet helps

MathsUK worksheets use questions graded by difficulty and a fair spread of correct-answer positions (the answer is not always (a)) — so the student really has to think about each question rather than guess a pattern. Every question is tagged to a DfE content statement and checked before it enters the bank. The answers come with a step-by-step explanation, not just a value — so a wrong answer becomes a lesson.

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