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Compound Interest and Depreciation

Compound Interest and Depreciation

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Question 119
(a).

Greg bought a new car for £18 000. In the first year the value of the car depreciates by 30%. In the second year and the third year the car depreciates by 14%

Work out the value of the car after three years.

[3]
(b).

Hence, work out the total amount by which the value of the car has depreciated.

[1]
Markscheme

Compound Interest and Depreciation Questions

  1. GCSE
  2. /Maths
  3. /Compound Interest and Depreciation

163 exam-style questions on Eduqas GCSE Maths Compound Interest and Depreciation. Each one has a worked solution and a mark scheme showing where the marks go.

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