1. Students Name: ………………………………………………………………….. Core Math's Percentage and Money J Clayden & London Core Maths Hub

2. Topic Core Maths – Percentages and Money Aims  Test knowledge of various subjects  Formative learning Level Level 3 Method Percentage and Money (Core Maths) questions, handouts for Students to complete and hand back into the teacher/tutor. Equipment  Laptop/Projector  Pens/Pencils  Printer Duration 20-30 Minutes

3. Core Maths Percentages & Money Percentages and Money 1.a) In a particular shop, all items were reduced by 15%. I paid £90.61 for the items I bought. How much money did I save? (3) b)House prices in a particular London borough increased by 2.7% last year. This year a house in that borough is worth £333775. By how much has the value increased? (3) AQA style 2. I invested £4000 in a particular savings account for 8 years, after which it was worth £5776.08. Assuming the interest rate did not change during the investment period and that no money was added or withdrawn during this time, calculate the Annual Equivalent Rate (AER) of interest, giving your answer to a sensible degree of accuracy. (4) AQA style 3.Would you rather invest £1000 in a savings account with 4% simple interest paid, or 3.5% compound interest? (4) AQA style 4.Linda currently earns £27 300 per year. She is offered either a 3.5% annual pay rise or an increase of £1000 per year for the next 4 years. Which offer would you advise Linda to take? Explain your answer. [4 marks] AQA style

4. Core Maths Percentages & Money Worksheet

5. Core Maths Percentages & Money Worksheet

6. For further information please contact The STEM Alliance enquiries@STEMalliance.uk or visit www.STEMalliance.uk