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© T Madas

Anton bought a house in London for £200000. Its value increased by 10% in the first year It then decreased by 10% in the second year Ben bought a house in Hull for £200000 Its value decreased by 10% in the first year It then increased by 10% in the second year Do the two houses still worth £200000? Do the two houses still worth the same? x 1.1 x 0.9 200000 220000 198000 x 0.9 x 1.1 200000 180000 198000 © T Madas

© T Madas

The investment is worth £11491.20 The sum of £10000 was invested in stock-market shares. Its value went up by 12% in the 1st year. It further increased by 8% in the 2nd year. In the 3rd year its value went down by 5% What was value of the investment after three years. 10000 x 1.12 11200 x 1.08 12096 x 0.95 11491.2 The investment is worth £11491.20 © T Madas

© T Madas

The original price they paid was £240000 Mr and Mrs Dean bought a house three years ago. Its value went up by 10% in the 1st year. Its value further increased by 5% in the 2nd year. In the 3rd year its value went down by 5% What did they pay for their house if they just sold it for £263340? x 1.1 x 1.05 x 0.95 x 240000 264000 277200 263340 ÷ 1.1 ÷ 1.05 ÷ 0.95 The original price they paid was £240000 © T Madas

© T Madas