1

1 Lin invests $16 000 at a rate of r % per year simple interest.

At the end of 5 years, she has a total amount of $17 920.

Find the value of r.

r = ................................................... [3]

[Total: 3]

2 Carlos invests $4540 at a rate of r% per year compound interest.

At the end of 10 years he has earned $1328.54 in interest.

Calculate the value of r.

r = ................................................... [3]

[Total: 3]

3 The price of a coat is $126.

In a sale, this price is reduced by 18%.

Find the sale price of the coat.

$ ................................................... [2]

[Total: 2]
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4 A meal costs $110 plus a service charge of 18%.

Calculate the total cost of the meal.

$ ................................................... [2]

[Total: 2]

5 268 of the 604 passengers on a plane are women.

Find the percentage of the passengers that are women.

................................................... % [1]

[Total: 1]

6 Clara invests $8500 for 4 years at a rate of 1.7% per year simple interest.

Calculate the total interest earned during the 4 years.

$ ................................................... [2]

[Total: 2]

7 Antonio buys beach balls for $2.50 each and sells them for $4.20 each.

Work out the percentage profit he makes on each beach ball.

................................................... % [2]

[Total: 2]

8 Ahmed owns a company.

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(a) Each year he earns $56 000 plus 3% of the year’s profit.

Calculate the amount he earns in a year when the profit is $320 600.

$ ................................................... [2]

(b) In the following year the profit is $347 851.

Calculate the percentage increase in the profit.

................................................... % [2]

[Total: 4]

9 Ahmed borrows $8000 for 3 years at a rate of 5% per year compound interest.

Calculate the amount of interest he will pay at the end of the 3 years.

$ ................................................... [3]

[Total: 3]
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10 Feri invests some money.

The rate of interest for the first year is 2.5%.
At the end of the second year the overall percentage increase of Feri’s investment is 6.6%.

Find the rate of interest for the second year.

................................................... % [2]

[Total: 2]

11 In a sale, a shop reduces all prices by 12%.

(a) Dina buys a book which has an original price of $6.50 .

Calculate how much Dina pays for the book.

$ ................................................... [2]

(b) Elu pays $11 for a toy.

Calculate the original price of the toy.

$ ................................................... [2]

[Total: 4]
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12 Arno buys a student ticket for $43.68 .

This is a saving of 16% on the full price of a ticket.

Calculate the full price of a ticket.

$ ................................................... [2]

[Total: 2]

13 Sanjay invests $700 in an account paying simple interest at a rate of 2.5% per year.

Calculate the value of his investment at the end of 6 years.

$ ................................................... [3]

[Total: 3]

14 Meera invests $700 in an account paying compound interest at a rate of r % per year.
At the end of 17 years the value of her investment is $1030.35 .

Find the value of r.

r = ................................................... [3]

[Total: 3]
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15 In 2020, 2.6 tonnes of barley is grown.

In 2021, 3.25 tonnes of barley is grown.

Show that the percentage increase in barley grown from 2020 to 2021 is 25%.

[1]

[Total: 1]

16 In 2019, 2.4 tonnes of corn is grown.

In 2020, 20% more corn is grown than in 2019.
In 2021, 20% less corn is grown than in 2020.

Calculate the amount of corn grown in 2021.

................................................... tonnes [3]

[Total: 3]

17 One year, a company’s sales increased by 15%.

The following year the company’s sales increased by 18%.

Calculate the overall percentage increase in sales.

................................................... % [3]
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[Total: 3]

18 A company employed 300 workers when it started and now employs 852 workers.

Calculate the percentage increase in the number of workers.

................................................... % [2]

[Total: 2]

19 In a sale, the price of a frame is reduced by 18%.

Parthi pays $166.05 for 5 frames in the sale.

Calculate the original price of one frame.

$ ................................................... [2]

[Total: 2]

20 Chung invests $2460 at a rate of 3.5% per year simple interest.

Calculate the total amount of his investment at the end of 4 years.

$ ...................................................... [3]

[Total: 3]
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21 Annie invests $8300 at a rate of 5.6% per year compound interest.

Calculate the value of her investment at the end of 6 years.

$ ...................................... [2]

[Total: 2]

22 Jo invests $600 for 7 years at a rate of 1.5% per year simple interest.

Calculate the total interest earned during the 7 years.

$ ................................................... [2]

[Total: 2]

23 Flo makes 84 cakes.

She sells 35 of these cakes.

Calculate the percentage of the cakes that she sells.

................................................... % [1]

[Total: 1]

24 Jed sells desserts for $24 each.

Each dessert costs $12.80 to make.

(a) Work out his percentage profit.

................................................... % [2]
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(b) The cost to make each dessert increases to $13.60 .

Jed wants to make the same percentage profit.

Work out the new selling price.

$ ................................................... [2]

[Total: 4]

25 A hotel has 840 rooms.

735 rooms are occupied.

Calculate the percentage of rooms that are occupied.

................................................... % [1]

[Total: 1]

26 One cake costs 24 cents to make.

A baker sells each cake for 65 cents.

Calculate the percentage profit the baker makes on each cake.

................................................... % [2]

[Total: 2]
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27 A ski lift, when full, takes 4000 passengers per hour.

This lift works for 10 hours a day.
One day, this lift is 90% full for 3 hours and 75% full for 7 hours.

Work out the number of passengers who take the lift that day.

................................................... [3]

[Total: 3]

28 Sand costs $98.90 per tonne.

This cost includes a tax of 15%.

Calculate the amount of tax paid per tonne of sand.

$ ................................................... [3]

[Total: 3]

29 Lucia invests $5000 at a rate of 4.5% per year compound interest.

Calculate the value of her investment at the end of 7 years.

$ ................................................... [2]

[Total: 2]
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30 Roberto buys a toy for $5.00 .

He then sells it for $4.60 .

Calculate his percentage loss.

................................................... % [2]

[Total: 2]

31 Sonia wants to invest $5000 for 6 years.

Bank A pays compound interest at a rate of 3.5% per year.

Bank B increases the $5000 by 22% at the end of 6 years.

Which bank will give Sonia the most money at the end of 6 years and by how much?
You must show all your working.

Bank A Bank B

Bank .................... will give $ .............................. more money. [5]

[Total: 5]
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32 Paddy and Anna each invest $2000 for 5 years.

Paddy earns simple interest at a rate of 1.25% per year.
Anna earns compound interest at a rate of r % per year.
At the end of 5 years, Paddy’s investment is worth the same as Anna’s investment.

Calculate the value of r.

r = ................................................... [5]

[Total: 5]

33 Gabriela designs the seating layout for a new theatre.

There are three sections of seats, A, B and C.

(a) Section A has 152 seats.

Section B has 12.5% more seats than Section A.
Section C has of the number of seats in Section A.

(i) Show that the number of seats in Section B is 171.

[1]

(ii) Show that the total number of seats is 380.

[2]
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(b) Write down and simplify the ratio of the number of seats in each section A : B : C.

A : B : C = .................... : .................... : .................... [2]

[Total: 5]

34 A plane ticket costs $680 plus a tax of 16%.

Find the total cost of this ticket.

$ ................................................... [2]

[Total: 2]

35 Alexa invests $12 000 at a rate of n% per year simple interest.

At the end of 3 years the value of the investment is $12 900.

Find the value of n.

n = ................................................... [3]

[Total: 3]
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36 Arjun earned $36 515 in 2019.

This was an increase of 9% on his earnings in 2018.

Work out his earnings in 2018.

$ ................................................... [2]

[Total: 2]

37 Gretal invests $5000 at a rate of 2% per year compound interest.

Calculate the value of her investment at the end of 3 years.

$ ................................................... [2]

[Total: 2]

38 In 2018, Gretal earned $32 000.

(a) She paid tax of 24% on these earnings.

Work out the amount she paid in tax in 2018.

$ ................................................... [2]

(b) In 2019, Gretal’s earnings increased by 7%.

Work out her earnings in 2019.

$ ................................................... [2]

[Total: 4]
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39 Edna invests $500 at a rate of r % per year compound interest.

At the end of 6 years, the value of Edna’s investment is $559.78 .

Find the value of r.

r = ................................................... [3]

[Total: 3]

40 In a sale the original prices are reduced by 15%.

(a) Calculate the sale price of a book that has an original price of $12.

$ ................................................... [2]

(b) Calculate the original price of a jacket that has a sale price of $38.25 .

$ ................................................... [2]

[Total: 4]