Revision notes for Edexcel GCSE Maths Repeated Percentage Change. Open the guide for explanations and worked examples. Written against the Edexcel GCSE Maths (1MA1) specification, so the content matches what's examinable rather than general Maths background.
Repeated Percentage Change
What you'll learn
Turn percentage increases and decreases into multipliers.
Use powers for changes that happen again and again.
Work backwards from a final amount using division or roots.
Link percentage changes in length to changes in area and volume.
1. Start with percentage multipliers
A percentage multiplier is the number you multiply by to apply a percentage change in one go.
For example, increasing by 10% means you now have 110% of the original, so the multiplier is 1.10.
Decreasing by 10% means you now have 90% of the original, so the multiplier is 0.90.
Definition
Percentage multiplier
For an increase of p%p\%p%, the multiplier is 1+p1001+\frac{p}{100}1+100p.
For a decrease of p%p\%p%, the multiplier is 1−p1001-\frac{p}{100}1−100p.
Example
Using a multiplier for one change
A jacket costs £80. Its price is increased by 15%. Find the new price.
A 15% increase means the new price is 115% of the original.
Convert 115% into a multiplier:
115%=1.15115\% = 1.15115%=1.15
Multiply the original price by the multiplier:
80×1.15=9280 \times 1.15 = 9280×1.15=92
The new price is £92.
2. Repeating the same percentage change
A repeated percentage change means the percentage change is applied more than once. Each change is applied to the new amount, not the original amount.
If the multiplier is mmm and it happens nnn times, the overall multiplier is mnm^nmn.
Key Idea
Repeated means powers
If the same percentage change happens several times, use a power: multiplier to the power number of changes.
Example
Population increasing every hour
A yeast population increases by 12% each hour. Find the percentage increase over 3 hours.
The multiplier for a 12% increase is 1.12.
Apply this multiplier 3 times:
1.123=1.4049281.12^3 = 1.4049281.123=1.404928
This means the final population is 140.4928% of the original.
So the overall decrease is £32 out of £100, which is 32%.
No, the overall decrease is not 35%.
4. Compound interest and working backwards
Compound interest is interest added to an account, where future interest is calculated on the new total. Per annum means per year.
For compound interest:
final amount=starting amount×multipliernumber of years\text{final amount} = \text{starting amount} \times \text{multiplier}^{\text{number of years}}final amount=starting amount×multipliernumber of years
To work backwards, divide by the multiplier power.
Example
Finding the original investment
Aisha has £5624.32 after 3 years in an account paying 4% compound interest per annum. How much did she invest?
Sometimes the first year has a known rate, then the remaining years use an unknown rate. Deal with the known year first, then solve the repeated part.
Example
Known first year, then unknown rate
Ben invests £2000 for 4 years. In the first year, the interest is 3%. For the next 3 years, the interest is x%x\%x% per annum. At the end he has £2317.22. Find xxx.