Reverse Compound Interest: Error Analysis & Misconceptions

Mathematics
Grade 6
11 questions
~22 mins
1 views0 downloads

About This Worksheet

A worksheet focusing on understanding and applying reverse compound interest concepts, with emphasis on error analysis and common misconceptions for Grade 6 students.

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Reverse Compound Interest: Error Analysis & Misconceptions

Subject: MathematicsGrade: Grade 6
Name:
Date:
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Untitled Worksheet

Grade Grade 6
A

Fluency & Practice

Answer all questions. Show your working in the grid spaces provided.
1.
If an item’s value decreases by 10% each year, and after 3 years its value is $648, what was its original value?
[2 marks]
2.
A car depreciates by 15% annually. If its current value is $5100, what was its value 2 years ago?
[2 marks]
3.
A machine’s value was $2000 five years ago. It depreciates by 8% each year. What is its current value?
[2 marks]
B

Problem Solving & Reasoning

Answer all questions with detailed working. Explain your reasoning.
1.
A smartphone depreciates by 20% each year. After 4 years, its value is $384. Determine its original price. Show your working.
[4 marks]
2.
A bicycle was worth $450 two years ago. It depreciates by 10% annually. What is its current value? Explain the steps involved.
[3 marks]
C

Real-world Applications

Solve the following context-based problems.
1.
A computer depreciates at a rate of 25% per year. Its present value is $1500. What was its initial purchase price? Provide your calculations.
[3 marks]
D

Challenge & Extension

Attempt these more difficult problems. Show detailed working.
1.
An antique vase depreciated by 12% annually. After 7 years, its value is $420. Find its original value. Demonstrate your solution.
[4 marks]
2.
A factory's machinery was worth $50,000 five years ago. It depreciates by 5% annually. What is its current worth? Show your detailed working.
[4 marks]
E

Mixed Review

Answer the variety of questions below.
1.
A laptop’s value after 3 years is $1200, depreciating at 15% annually. Find its original price.
[3 marks]
2.
A watch depreciates by 10% each year. If its current value is $540, what was its value 3 years ago?
[2 marks]
F

Error Analysis

Review the following common mistake. Identify and correct it.
1.
A student calculates the original price of an item by dividing the current value by 0.8, assuming a 20% depreciation. The student gets $500 as the answer. Is this correct? If not, explain and correct the mistake.
[3 marks]

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Details

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