4MA1/2H Jun 2021, Question 11: Reverse Percentages
Pearson Edexcel International GCSE Mathematics A 4MA1 · Paper 2H (Higher) · Calculator · 6 marks
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The question, in short
Chengbo's selling price of 180000 yuan is 24% above his purchase price; Zhi's 120000 yuan house grows 1.8% yearly from 1 January 2017. Find two house values, each to 3 significant figures.
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Part (a) · 3 marks
Find the price Chengbo originally paid, given the 180000 yuan sale is 24% higher, rounded to 3 significant figures.
- 1Selling price = 124% of the price paid (100% + 24%).
- 2Price paid = 180 000 ÷ 1.24 = 145 161.29...
- 3To 3 significant figures: 145 000
Answer145 000
Part (b) · 3 marks
Find the house's worth on 1 January 2020 after yearly growth of 1.8% from 120000 yuan, rounded to 3 significant figures.
- 1Each year the value is multiplied by 1.018 (100% + 1.8%).
- 22017 to 2020 is 3 years: 120 000 × 1.018³ = 126 597.3...
- 3To 3 significant figures: 127 000
Answer127 000
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