Fractions And Percentages Worksheet Page 27
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28MEP Pupil Text 11
11.9
Solution
2
To find the final value, the amount invested would be multiplied by
1 06
.
.
2
To find the amount invested, divide the final value by
1 06
.
.
£
280 90
.
=
Amount invested
2
1 06
.
= £250
.
Exercises
1.
A foreign tourist can reclaim the VAT he has paid on the following items, the
prices of which include VAT.
Video Camera
£149.60
Portable CD Player
£110.45
Watch
£42.77
FAX Machine
£406.08
(a)
Find the total cost of the items without VAT at 17.5%.
(b)
How much VAT can the tourist reclaim?
2.
The price of a television is £225.60 including 17.5% VAT. What would be the
price with no VAT?
3.
A gas bill of £43.45 includes VAT at 8%. Find the amount of VAT paid.
4.
The end of year profits of a large company increased this year by 12% to £90 944.
Find the profits made last year.
5.
A special bottle of washing up liquid contains 715 ml of liquid. The bottle is
marked '30% extra free'. How much liquid is there in a normal bottle?
6.
In a sale the following items are offered at discount prices as listed.
Item
Sale Price
Discount
Television
£288.00
10%
Video Recorder
£373.12
12%
Computer
£1124.80
24%
Calculator
£13.78
5%
What were the prices of these items before the sale?
7.
After one year, the value of a car has fallen by 15% to £8330. What was the value
of the car at the beginning of the year?
260
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