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.£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
2.£5000 is invested in an account paying 4% compound interest each year. Work out the total interest earned after 3 years.
(a)£600.00
(b)£408.00
(c)£624.32
(d)£5624.32
3.A machine is bought for £8500. Its value depreciates by 6% each year. Work out the value of the machine after 3 years, to the nearest pound.
(a)£6970
(b)£7511
(c)£7990
(d)£7060
4.Work out 2/5 of 45.
(a)36
(b)27
(c)18
(d)9
5.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
6.A restaurant adds a service charge of 15% to a bill of £120. Work out the service charge.
(a)£18
(b)£8
(c)£138
(d)£12
7.A cycle route is 350 m long. A footpath runs alongside it for 3/7 of that length. Work out the length of the footpath.
(a)200 m
(b)1050 m
(c)150 m
(d)50 m
8.Work out 15% of £40, using 10% and 5%.
(a)£6
(b)£4
(c)£600
(d)£2
9.The price of a cycling helmet rises from £80 to £116. Work out the percentage increase.
(a)45%
(b)145%
(c)36%
(d)31%
10.A population of penguins on an island is 2400. The population is predicted to grow by 7% each year. Work out the predicted population after 2 years, to the nearest whole number.
(a)2568
(b)2736
(c)2747
(d)2748
11.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
12.The number of members of a running club increases from 45 to 54. Work out the percentage increase.
(a)9%
(b)120%
(c)20%
(d)16.7%
13.Write 3/4 as a percentage.
(a)133%
(b)34%
(c)0.75%
(d)75%
14.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
15.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
16.Work out 50% of 60.
(a)6
(b)3000
(c)120
(d)30
17.There are 400 students at a school. 25% of them have a brother, 40% have a sister and 15% have both a brother and a sister. Work out how many of the students have neither a brother nor a sister.
(a)140 students
(b)300 students
(c)200 students
(d)260 students
18.After a 20% discount, a jacket costs £48. Work out the original price of the jacket.
(a)£40
(b)£60
(c)£57.60
(d)£38.40
19.Work out 1/2 of 1/4 of 80.
(a)20
(b)10
(c)60
(d)40
20.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
21.Leah puts £4000 into a savings account paying 3% compound interest each year. At the end of 2 years she takes out all of the money and spends £1500 of it on a laptop. Work out how much of the money she has left.
(a)£2620.00
(b)£2740.00
(c)£2743.60
(d)£4243.60
22.The value of a rare coin increases by 12% each year. The coin is currently worth £270. Work out the value of the coin after 2 years, giving your answer to the nearest penny.
(a)£334.80
(b)£338.68
(c)£338.69
(d)£302.40

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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