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Percentages and ratio · Ages 13–14

Growth and depreciation worksheet

Part of: Percentages (II)

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Growth and depreciation worksheet

Percentages and ratio · Ages 13–14

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Write each answer in the space. For word problems, show your working and write a sentence answer.

Part A: Working out and filling in (2 marks each)

  1. 1.Losing 20% a year: after 3 years the value is % of the first, so % has gone in all.

    Fill in each blank

    Answer:

  2. 2.A city of 90000 people grows 4% a year. To the nearest whole number, how many people will it have after 4 years?

    Answer:

  3. 3.A city of 260000 people grows 5% a year. To the nearest whole number, how many people will it have after 3 years?

    Answer:

  4. 4.A machine loses 10% of its value a year and is worth $295,245 after 4 years. What was it worth new?

    Answer:

  5. 5.A machine loses 20% of its value a year and is worth $204,800 after 3 years. What was it worth new?

    Answer:

  6. 6.A new car worth $100,000 loses 15% of its value in its first year and 12% a year after that. To the nearest dollar, what is it worth after 3 years?

    Answer:

  7. 7.A new car worth $160,000 loses 25% of its value in its first year and 8% a year after that. To the nearest dollar, what is it worth after 4 years?

    Answer:

Part B: Choose, or true or false (2 marks each)

  1. 8.A number grows 50% a year, so in 4 years it has grown 200% in all.

    True or false?

    Answer:

  2. 9.A machine loses 20% of its value each year. After 3 years, its value is its first value times which of these?

    • A. 0.8 × 3
    • B. 0.83
    • C. 0.23
    • D. 1 − 0.2 × 3

    Choose the right answer

    Answer:

  3. 10.A number grows 20% a year, so in 4 years it has grown 80% in all.

    True or false?

    Answer:

  4. 11.A machine loses 10% of its value each year. After 7 years, its value is its first value times which of these?

    • A. 0.17
    • B. 1 − 0.1 × 7
    • C. 0.97
    • D. 0.9 × 7

    Choose the right answer

    Answer:

  5. 12.A website has 10000 members, and the number grows 10% a year. At the end of which year does it first pass 20000?

    • A. The end of year 10
    • B. The end of year 8
    • C. The end of year 7
    • D. The end of year 9

    Choose the right answer

    Answer:

Part C: Word problems (4 marks each)

  1. 13.A new town has 270000 people and is expected to grow 2% a year. To the nearest whole number, after 4 years it will have people, more than now.

    Fill in each blank

    Working:

    Answer:

  2. 14.A lake has 2000 fish, and the number falls 25% a year. After at least how many whole years are there fewer than 1000?

    Working:

    Answer:

  3. 15.May's dad bought a car for $460,000, and it loses 20% of its value a year. To the nearest dollar, what is it worth after 4 years?

    Working:

    Answer:

  4. 16.A flat's value rises 10% a year for 4 years, then falls 15% a year for 4 years, and ends higher than it began.

    True or false?

    Working:

    Answer:

  5. 17.A company's sales grew 10% a year for 4 years in a row, to $1,010,229 this year. What were they 4 years ago?

    Working:

    Answer:

  6. 18.A machine loses 20% of its value a year and is worth $118,784 after 4 years. With its first value $x, find x: put the steps in order.

    • A. x = 290000
    • B. x = 118784 ÷ 0.84
    • C. x × 0.84 = 118784
    • D. x × (1 − 20%)4 = 118784

    Write the letters in the right order

    Working:

    Answer:

Show the answers and working

Growth and depreciation worksheet: Answers and working

Part A: Working out and filling in

  1. 1. 51.2, 48.8

    Each year leaves 0.8: 0.83, that is 51.2% of the first value, so 100% − 51.2% = 48.8% has gone, not 3 × 20% = 60%.

  2. 2. 105287 people

    90000 × (1 + 4%)4 = 90000 × 1.044, about 105287 people.

  3. 3. 300983 people

    260000 × (1 + 5%)3 = 260000 × 1.053, about 300983 people.

  4. 4. 450,000 dollars

    First value × 0.94 = 295245, so it was 295245 ÷ 0.94 = 450000. Not 295245 × (1 + 10%)4.

  5. 5. 400,000 dollars

    First value × 0.83 = 204800, so it was 204800 ÷ 0.83 = 400000. Not 204800 × (1 + 20%)3.

  6. 6. 65,824 dollars

    The first year leaves 1 − 15%, each of the next 2 years 1 − 12%: 100000 × (1 − 15%) × (1 − 12%)2, about 65824.

  7. 7. 93,443 dollars

    The first year leaves 1 − 25%, each of the next 3 years 1 − 8%: 160000 × (1 − 25%) × (1 − 8%)3, about 93443.

Part B: Choose, or true or false

  1. 8. False

    Multiply: 1.54 = 1 + 406.25%, a 406.25% rise. Each year's 50% is of the year before's bigger value, so it beats 4 × 50% = 200%.

  2. 9. B. 0.83

    Each year leaves 1 − 20% = 0.8 of it; over 3 years, 0.83.

  3. 10. False

    Multiply: 1.24 = 1 + 107.36%, a 107.36% rise. Each year's 20% is of the year before's bigger value, so it beats 4 × 20% = 80%.

  4. 11. C. 0.97

    Each year leaves 1 − 10% = 0.9 of it; over 7 years, 0.97.

  5. 12. B. The end of year 8

    Multiply by 1.1 year by year until it passes 20000: 10000 × 1.17 hasn't, 10000 × 1.18 has.

Part C: Word problems

Marking: 2 for the working, 1 for the answer, 1 for the sentence.

  1. 13. 292257, 22257

    270000 × 1.024, about 292257 people; 292257 − 270000 = 22257 more.

  2. 14. 3 years

    Times 0.75 year by year: 2000 × 0.752 isn't below 1000 yet, 2000 × 0.753 is, so 3 years.

  3. 15. 188,416 dollars

    Each year leaves 0.8 of it: 460000 × 0.84, about 188416.

  4. 16. False

    It ends at 1.14 × 0.854 = (1.1 × 0.85)4 = 0.9354: higher only if 0.935 is more than 1.

  5. 17. 690,000 dollars

    The sales then × 1.14 = 1010229, so they were 1010229 ÷ 1.14 = 690000.

  6. 18. D → C → B → A

    Each year leaves 1 − 20% = 0.8; form the equation, then divide both sides by 0.84.

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