GCSE Mathematics

Grade C

Percentages & Interest

Can you: If not you need

TOP: Review how to find

simple percentages

•Find percentages of amounts Practice 1: Splitting

percentages up

•Find percentage increase or decrease Practice 2: Finding

percentage increase and
decrease
Try a test
TAIL 1

•Find simple interest

Practice 3: Finding simple
interest
•Find compound interest

Practice 4: Finding compound

interest
Try a test
TOP: Solve these simple percentage questions.

(1) Find 10% of £20

(2) Find 50% of £100
(3) Find 30% of £60
(4) Find 70% of £120
Remember to split the
amount into 10% (by
dividing by 10) and then
multiply by the number of
10s you need!

(5) Find 75% of £200

Lesson
Practice 1: Solve these percentage problems.

(1) Find 35% of £120

Split your percentage into
parts like 10%, 5%, 2 ½%
(2) Find 83% of £250
and 1%
Remember to find 10%, then
(3) Find 12% of 75kg
1% (by dividing your 10% by 10),
(4) Find 17 ½% of 70 miles or 5% (by dividing your 10% by 2),

or ½% (by dividing your 1% by 2),

(5) Find 24% of £65.50
or 2 ½% (by dividing 5% by 2.

Lesson
Practice 2: Find these percentage increases.

(1) Increase £100 by 15%

(2) Increase 85kg by 12 ½%
(3) Increase 754 m by 68%
Find these percentage decreases.
One way to increase or
decrease amounts by
percentages is to find the
percentage and then add
(to increase) or subtract
(to decrease)

(4) Decrease £100 by 75%

(5) Decrease 65 miles by 34%

(6) Decrease 378 km by 7 ½%

Lesson
 TAIL 1 Are you ready
for the
(1) The selling price of a computer is the list
answers ?
price plus VAT at 17 ½ %. The list price
of a computer is £786. (1) 17 ½ /100  786 =
137.55
Work out the selling price of the
137.55 + 786 =
computer.
£923.55
(2) Work out 60% of 5300 kg. (2) 60/100  5300 =
£3180

(3) Frances sees three different advertisements for jeans.

Bob’s – 15% off £30 Disco’s – ⅔ of £36 Sanjay’s – £22 + 17 ½%
VAT
Work out the cost of the jeans in each (a) 15/100  30 = £4.50
(3)advertisement.
(a) Bob's 30 – 4.50 = 25.50
(b) Disco's
(b) 2/3  36 = £24
(c) Sanjay's
(c) 17.5/100  22 + 22 =
Lesson £25.80
Practice 3: Find the simple interest for the following:

(1) £60 for 2 years at 4% interest per annumFind the interest

for one year then
multiply by the
(2) £150 for 3 years at 7.5% interest per annum
number of years!

(3) £5000 for 6 years at 3% p.a.

(4) £2500 for 10 years at 12.5% p.a.

(5) £750 for 5 years at 6.5% p.a.

Lesson
Practice 4: Find the compound interest for the
following:

(1) £150 for 2 years at 7% p.a.

Remember the formula (1+
(percentage  100))number of years
(2) £500 for 3 years at 12% p.a. to help you e.g. for (1) do

£150  (1.07)2
(3) £7500 for 3 years at 3.5% p.a.

(4) £65 for 2 years at 5% p.a.

(5) £2500 for 4 years at 6.5% p.a.

Lesson
 TAIL 2
(1) Yesterday Simon repaired a computer and (1) 5/100  269.30 =
charged a total of £269.30. Simon reduces
his charges by 5% when he is paid 13.465
promptly. He was paid promptly for
yesterday's work on the computer. 269.30 – 13.465 =
  Work out how much he was paid.
255.835 = £255.84
(2) Jane is going to buy a computer for £480 +
17 ½ % VAT. Work out the total price, (2) 17 ½ /100  480 +
including VAT, that Jane will pay for the 480
computer.
= 84 + 480 = £564
(3) Find the simple interest on £2500 invested (3) 6/100  2500 =
for 2 years at 6% per year. 150
(4) £5000 is invested for 3 years at 4% per “150”  2 = £300
annum compound interest. Work out the (4) 1.043  5000 =
total interest earned over the three years.
£5624.32
(5) Work out the simple interest on £530 at (5) 4.5/100  530 =
4.5% per annum after 3 years. 23.85
Are you ready
for the “23.85”  3 =
Lesson
answers ? £71.55