G7 Math W3 Percentages

GCSE: Percentages
Dr J Frost ([email protected])
Last modified: 24th August 2013

Overview
1 27% of 420
(using a calculator and without using a calculator)
2 The cost of car originally worth £15,000 but after losing

15% of its value.
3 The value of saving account BEFORE it increased by 35%

to £16,000
4 The value of an ISA with a principal of £1000, after

accruing 5 years of interest at 3% p.a.
The Key to Percentages
It’s all about identifying a decimal multiplier!
original value multiplier new value

What would you multiply by in order to:
Find 20% of the value. ?

Increase value by 37%. ?
Decrease value by 10%. ?
Increase value by 101%. ?
Decrease value by 25%, then by 25% again. ?

Questions (use multipliers and a calculator)
The cost of a t-shirt bought The value of a car after one

in for £14 and sold for a 28% year, if it was bought for
profit. £15000 and lost 17% of its
value.
?
?
The value of your Apple shares,

Homer Simpson’s which were initially worth
sperm count, if it $35,000, and increased by 3%.
starts at 25,000,000,
and he loses 46% due
to radiation exposure
?
from the Nuclear
Plant.
?
WITHOUT a calculator
35% of £64
10%: £6.40
10%: £6.40
10%: £6.40
5%: £3.20_
£22.40
(Or just use decimal multiplication to

find )
Exercises
For Q1, work out the following with a calculator, showing what multiplication you used to get the answer.
Find the value of my shares if they were worth £25,000 yesterday and
1a increased in value by 3%.
?
Find the cost of a car in a sale with 27% off, if its full price is £9000.
1b ?
The polar bear population was 2500 last year. This year it dwindled by 53%.
1c
How many polar bears are there now?
?
For Q2, work out the following without a calculator.
Find 35% of £12.80

2a
?
2b Find 56% of £14
?
2c Find 17.5% of £30
?
Finding the percentage change
Formula:
𝑐h𝑎𝑛𝑔𝑒
×100
𝑜𝑟𝑖𝑔𝑖𝑛𝑎𝑙 𝑣𝑎𝑙𝑢𝑒
1 £64 as a percentage of £80: ?

2 An increase from £80 to £100: ?
3 A decrease from £100 to £80: ?
5 A decrease from £68 to £50: ?
Compound changes
I put £1000 into an account with 3% interest p.a. How much is
there in the account after 7 years?
(Hint: again, it’s all about the appropriate multiplier!)
7
£ 1000 ×1.03 =£?1229.87
My house is worth £250,000. However, due to the economic crisis,

the value depreciates by 10% each year. How much is it worth 5
years later
5
£ 250,000 × 0.90 =£?147622.50
Compound vs ‘Simple’ interest
This rarely comes up in GCSE exams, but you should appreciate
the difference between compound and simple interest.
If the principal of a bond is £1000, and the interest rate 10% p.a.,
find the value after 5 years using:
Compound interest:
Increase based on new value each year.
?
Simple interest:
Increase based on original value each year.
of £1000 is £100, so:
?
Exercises
Edexcel GCSE Mathematics Textbook, Page 186 – Exercise 12D Q3, 5, 6, 10
3 £1000 is invested for 2 years at 5% per annum compound interest.

Work out the total amount in the account after 2 years.
?
A motorbike is worth £6500. Each year the value of the motorbike depreciates
5
by 35%. Work out the value of the motorbike at the end of the three years.
?
6 A house is worth £175000. Its value increases by 6% each year.
Work out the value of the house after:
a) 3 years b) 10 years c) 25 years.
Give your answers to the nearest pound.
b) £208428 b) £313398 c) £751077
?
10 £500 is invested in a savings account. Compound interest is paid at a rate of
5.5% per annum. Calculate the least number of years it will take for the original
investment to double in value.
13 years (using the ANS button on the?calculator to keep multiplying helps!)
Reverse Percentages
original value multiplier new value
We’ve so far always multiplied by the multiplier in order to

find the new value. But what if we wanted to find the original
value before the percentage change?
original value ?
Reverse Percentages
After a bloody fight with George, Fareed lost 30% of his

body’s blood. He now only had 5 pints of blood left.
How much blood did he originally have?
?
To reverse or not to reverse?
Shakespeare bought 375 quills this year. Don’t
This was 25% less than last year. How 
Reverse

Reverse
many did he previously buy?
Last year a performance of The Merchant Don’t

of Venice took in 60 farthings. This year it  
Reverse
Reverse
took in 15% less. How much was made
this year?
Don’t
A cutlass with 20% VAT costs £162. What 
Reverse

Reverse
was the cost without VAT?
Mecrutio sues Romeo for 150 farthings for mortal

Don’t
injuries inflicted. However, after realising he’s  
Reverse
being a bit of a douche, he decides to lower this Reverse
amount by 36%. How much did he sue Romeo for?
More examples
My take home salary after 20% tax is £24000. What is my full salary?
?
After a 26% pay rise, Syed is earning £44,100. What was he earning before the
pay rise?
The polar bear population dwindles by 25% for 2 years until there’s only 2250
bears left. How many bears were there??
In the series finale of ‘Breaking Wind’, ratings were up 125% from last year’s
season finale. 10.5 million people watched this year. How many people watched
last year? ?
?
Exercises
Edexcel GCSE Mathematics Textbook, Page 188 – Exercise 12E Q1, 3, 5, 7, 9
In a sale all the prices are reduced by 25%. The sale price of a dress is £30. Work
1
out the normal price of the dress.
?
3 The price of a new television set is £329. This price included VAT at 17.5%. Work
out the cost of the television set before VAT was added.
?
5 A holiday is advertised at a price of £403. This represents a 35% saving on the
brochure price. Work out the brochure price of the holiday.
?
7 A large firm hires 3% more workers which brings its total number of workers to
12772. How many workers did the firm have before the increase?
?
Tasha invests some money in a bank account. Interest is paid at a rate of 8% per
9
annum. After 1 year there is £291.60 in the account. How much money did
Tasha invest.
?

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GCSE: Percentages

Last modified: 24th August 2013

2 The cost of car originally worth £15,000 but after losing

3 The value of saving account BEFORE it increased by 35%

4 The value of an ISA with a principal of £1000, after

original value multiplier new value

Find 20% of the value. ?

Decrease value by 25%, then by 25% again. ?

The cost of a t-shirt bought The value of a car after one

The value of your Apple shares,

(Or just use decimal multiplication to

Find 35% of £12.80

1 £64 as a percentage of £80: ?

My house is worth £250,000. However, due to the economic crisis,

3 £1000 is invested for 2 years at 5% per annum compound interest.

original value multiplier new value

We’ve so far always multiplied by the multiplier in order to

After a bloody fight with George, Fareed lost 30% of his

Last year a performance of The Merchant Don’t

Mecrutio sues Romeo for 150 farthings for mortal

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