Presentation is loading. Please wait.

Presentation is loading. Please wait.

M May 100%1.00 1 50%0.50 1/21/2 33 1 / 3 % 0.25 1/41/4 25% 0.33.. 1/31/3 0.20 1/51/5 20% 10%0.10 1 / 10 1%0.01 1 / 100 ÷2 ÷3 ÷4 ÷5 ÷10 ÷100.

Similar presentations


Presentation on theme: "M May 100%1.00 1 50%0.50 1/21/2 33 1 / 3 % 0.25 1/41/4 25% 0.33.. 1/31/3 0.20 1/51/5 20% 10%0.10 1 / 10 1%0.01 1 / 100 ÷2 ÷3 ÷4 ÷5 ÷10 ÷100."— Presentation transcript:

1 M May 100% %0.50 1/21/ / 3 % /41/4 25% /31/ /51/5 20% 10% / 10 1% / 100 ÷2 ÷3 ÷4 ÷5 ÷10 ÷100

2 M May non-calculatorcalculator 10% of £7310% of £ % of £6425% of £ % of £2490% of £ % of £2477% of £304 12% of £3168% of £ % of £ % of £ % of £7493% of £ % of £24.378% of £3548 = £ 7.30= £ = £ 16= £ = £ 7.20= £ = £ 2.47= £ x 7 = 0.12 x 31 = £ 3.72 = 0.68 x = £ = 0.17 x 32.4 = = £ 5.51 = 0.21 x 34.4 = = £ 7.22 = 0.47 x 74 = £ = 0.08 x 3548 = £ = 0.09 x = £ 2.18 = 0.21 x 34.4 = = £

3 M May Interest is 3% p a. Calculate the interest on £450 for (i) 1 year (ii) 4 months Discount at 33 1 / 3 % is offered on items in the Sale. Calculate the (i) discount (ii) sale price on an item priced at £ Employees are offered a 8% raise. Jim earns £ pa Calculate the (i) increase (ii) new salary earned Jim after the pay rise. VAT on fuel bills is charged at 5%. Calculate the VAT on a gas bill of £ What is the total bill? VAT at 17 1 / 2 % is charged on items in a clothing warehouse. Calculate the (i) VAT (ii) cost of item at £23.20 excluding VAT.

4 M May Interest is 3% p a. Calculate the interest on £450 for (i) 1 year (ii) 4 months Discount at 33 1 / 3 % is offered on items in the Sale. Calculate the (i) discount (ii) sale price on an item priced at £ Interest =3% of £450for 1 year = 3 x 4.50 = £ for 12 months Interest = = £ 4.50 for 4 months Discount =33 1 / 3 % of £56.40 = ÷ 3 = £ £ sale price = £ ÷ 3 = 4

5 M May Employees are offered a 8% raise. Jim earns £ pa Calculate the (i) increase (ii) new salary earned Jim after the pay rise. VAT on fuel bills is charged at 5%. Calculate the VAT on a gas bill of £ What is the total bill? increase = 12% of £ for 1 year = 8 x = £ So new salary is £ VAT = 5% of £ = 7.56 So 5% of £75.60 = £ So total bill is £ % of £ 75.60

6 M May VAT at 17 1 / 2 % is charged on items in a clothing warehouse. Calculate the (i) VAT (ii) cost of item at £23.20 excluding VAT. VAT = 17 1 / 2 % of £ on calculator = x £ 4.06 without VAT VAT = 4.06 So total bill is £ So VAT = £ % of £ % of £ / 2 % of £ 23.20

7 M May To calculate the new balances:Interest is 3.5% p a on £650. After 1 yearBalance = 103.5% x 650 After 2 yr=1.035 x x 650= x 650 After 3 yr=1.035 x x x 650= x 650 After 4 yr= x 650 After n years= n x 650 = = New bal after 4 years = Original balance = Compound interest = 95.89

8 M May increases in valuedecreases in value Painting, valued at £2500 in 1999, is now worth £5200. What is the percentage appreciation. New value = Original value = appreciation =2700 appreciation = = 1.08 = 108% of original value The painting appreciated in value by 108%

9 M May


Download ppt "M May 100%1.00 1 50%0.50 1/21/2 33 1 / 3 % 0.25 1/41/4 25% 0.33.. 1/31/3 0.20 1/51/5 20% 10%0.10 1 / 10 1%0.01 1 / 100 ÷2 ÷3 ÷4 ÷5 ÷10 ÷100."

Similar presentations


Ads by Google