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.

Worksheet Preview

Full preview • 11 questions

Reverse Compound Interest: Fluency & Practice

Subject: MathematicsGrade: GCSE Foundation
Name:
Date:
TeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizzTeachWhizz

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

What is Remix?

Create a new worksheet based on this one. Change the grade level, topic, number of questions, or difficulty - then generate a fresh version.

  • • Change grade level (Grade 6 → Grade 7)
  • • Swap topics (Harry Potter → Macbeth)
  • • Add more questions (10 → 15)
  • • Adjust difficulty

Details

Created
1/1/2026
Updated
1/1/2026
Type
worksheet