Reverse Compound Interest: Fluency & Practice
Mathematics
GCSE Foundation
11 questions
~22 mins
1 views0 downloads
About This Worksheet
A worksheet focused on understanding and calculating reverse compound interest, which is essential for depreciation and value reduction scenarios.
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Reverse Compound Interest: Fluency & Practice
Subject: MathematicsGrade: GCSE Foundation
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Untitled Worksheet
Grade GCSE Foundation
A
Practice Questions
Answer all questions. Show your working in the grid spaces provided.
1.
A calculator is worth £600 after 3 years of depreciation at a rate of 10% per year. What was its original value?
[3 marks]2.
A laptop depreciates by 15% each year. After 4 years, its value is £680. What was its value at the start of the 4th year?
[3 marks]3.
Calculate the original price of an item that is now worth £540 after 2 years of depreciation at 20% per year.
[3 marks]4.
A car's value reduces by 12% annually. If its current value is £22,400, what was its value 1 year ago?
[3 marks]5.
Construct a calculation to find the original value of an asset now worth £400 after 5 years of depreciation at 10% per year.
[4 marks]6.
A machine depreciates at a rate of 8% per year. If its current value is £920, find its value 2 years ago.
[3 marks]7.
A vehicle’s value after 4 years of depreciation at 10% per year is £5400. What was its initial value?
[3 marks]8.
A piece of equipment is now worth £350 after 3 years of depreciation at 20% per year. Calculate its original cost.
[3 marks]9.
A computer depreciates by 25% annually. If its current value is £300, what was its value 1 year ago?
[3 marks]10.
A factory machinery is worth £1200 after 2 years of depreciation at 10%. Find its original value.
[3 marks]11.
Identify and correct the mistake in this calculation: £1000 ÷ (0.85)^3 = £1716.41
[4 marks]Quick Actions
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Details
- Created
- 1/1/2026
- Updated
- 1/1/2026
- Type
- worksheet