Hannah invests £3500 in a savings account. The account pays compound interest at 2.4% per year. How much will Hannah have after 3 years? Give your answer to the nearest penny. (3 marks)
Hint: Compound interest: P × (1 + r/100)ⁿ. Here P=3500, r=2.4, n=3. So 3500 × 1.024³. Use your calculator.
A jacket costs £63 after a 30% discount. What was the original price? (3 marks)
Hint: £63 is what REMAINS after 30% off. So £63 = 70% of original. Divide by 0.7 (not multiply by 1.3).
+30 XP
4 marksRatio problem4MA1 Set 1 P1H Q7 style ✏️ No calculator
Talil mixes cement, sand and gravel in ratio 1:3:5 by weight to make 180 kg of concrete. He has 15 kg cement, 85 kg sand, 100 kg gravel. Does he have enough of each material? Show all working. (4 marks)
Hint: Find the value of 1 part (total ÷ sum of ratio). Multiply by each ratio number. Compare with what he has. State conclusion clearly.
+40 XP
4 marksProportion4MA1 style ✏️ No calculator
y is inversely proportional to x². When x = 3, y = 4. (a) Find the equation connecting y and x. (b) Find y when x = 6. (4 marks)
Hint: (a) Write y = k/x², substitute the given values to find k. (b) Use your equation with x=6.
+40 XP
1 markPercentage increase4MA1 style
A car was bought for £8000. It depreciated by 12% per year. Which calculation gives its value after 3 years?