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R16

Set up, solve and interpret the answers in growth and decay problems, including compound interest and work with general iterative processes

Growth and decay

Worked answers, methods and verified real exam appearances for R16 on Edexcel GCSE Maths 1MA1.

Explanation

  • Repeated percentage growth by r%r\% uses multiplier 1+r1001+\dfrac{r}{100} each period; repeated decay uses 1r1001-\dfrac{r}{100}. After nn equal periods, final=initial×(multiplier)n\text{final}=\text{initial}\times(\text{multiplier})^n.
  • Compound interest is repeated growth because each period acts on the latest balance.
  • Higher tier: an iterative process defines each new term from the previous term, so calculate successive values in order and identify the first one satisfying the condition.
  • Keep full calculator precision until the requested final rounding.
  • Examiners expect the multiplier, exponent or iteration trail, followed by an interpretation in context.

Worked example

Higher tier: A cooling model is Tn+1=0.65Tn+12T_{n+1}=0.65T_n+12 with T0=80T_0=80. Find the first nn for which Tn<40T_n<40.

  1. 1.T1=64T_1=64, T2=53.6T_2=53.6 and T3=46.84T_3=46.84.
  2. 2.T4=42.446T_4=42.446 and T5=39.5899T_5=39.5899.
  3. 3.T4T_4 is not below 4040 but T5T_5 is, so the first value is n=5n=5.

Answer: n=5n=5, with T5=39.6T_5=39.6 to one decimal place.

Common mistakes

  • Don't calculate repeated percentage change as simple change from the original amount.
  • Don't use 1.151.15 for a 15%15\% decay instead of 0.850.85.
  • Don't round each intermediate iteration and change the first term meeting the condition.

Exam tip

For “first time” questions, show the last value that fails and the next value that meets the condition.

Worked practice

Q1
Tier 1 · Easy

1

£600 is invested at 4%4\% compound interest per year. Work out the value after 22 years.

(2)

(Total for Question 1 is 2 marks)

Mark scheme

Mark scheme for question 1
QuestionAnswerMarkMark scheme
1
  • £648.96
2Use multiplier 1.041.04 twice: £600×1.042=£648.96600\times1.04^2=£648.96.
Q2
Tier 2 · Standard

2

A culture initially contains 960960 cells and decreases by 15%15\% each hour. Calculate the expected number after 33 hours.

(3)

(Total for Question 2 is 3 marks)

Mark scheme

Mark scheme for question 2
QuestionAnswerMarkMark scheme
2
  • About 590590 cells
  • Unrounded model value =589.56=589.56
3The decay multiplier is 0.850.85. After 33 hours the model gives 960×0.853=589.56960\times0.85^3=589.56, which is about 590590 whole cells.
Q3
Tier 1 · Easy

3

Write down the multiplier for an increase of 6.5%6.5\%.

(1)

(Total for Question 3 is 1 mark)

Mark scheme

Mark scheme for question 3
QuestionAnswerMarkMark scheme
3
  • 1.0651.065
1An increase of 6.5%6.5\% uses multiplier 1+0.065=1.0651+0.065=1.065.
Q4
Tier 2 · Standard

4

An account pays 5%5\% compound interest each year, and the interest earned in the second year is £31.50. Work out the amount originally invested.

(3)

(Total for Question 4 is 3 marks)

Mark scheme

Mark scheme for question 4
QuestionAnswerMarkMark scheme
4
  • £600
3The balance before the second-year interest was added is £31.50÷0.05=£63031.50\div0.05=£630. This is 105%105\% of the original amount, so the original investment was £630÷1.05=£600630\div1.05=£600.
Q5
Tier 3 · Hard

5

A forestry model starts with 40964096 young trees. Model S increases the number each year by 12.5%12.5\% of the original number. Model C increases the previous year's number by 12.5%12.5\% each year. Work out how many more young trees Model C predicts than Model S after 33 years.

(3)

(Total for Question 5 is 3 marks)

Mark scheme

Mark scheme for question 5
QuestionAnswerMarkMark scheme
5
  • 200200 more young trees
3Model S adds 4096×0.125=5124096\times0.125=512 trees each year, so after 33 years it predicts 4096+3×512=56324096+3\times512=5632. Model C predicts 4096×1.1253=58324096\times1.125^3=5832. The difference is 58325632=2005832-5632=200 young trees.
Q6
Tier 2 · Standard

6

A warehouse starts with 64006400 filters. It dispatches 15%15\% of the current stock in the first week and 10%10\% of the remaining stock in the second week. Work out the number of filters left.

(3)

(Total for Question 6 is 3 marks)

Mark scheme

Mark scheme for question 6
QuestionAnswerMarkMark scheme
6
  • 48964896 filters
3After the first week, 6400×0.85=54406400\times0.85=5440 filters remain. After the second week, 5440×0.90=48965440\times0.90=4896 filters remain.
Q7
Tier 3 · Hard

7

£30003000 is invested. The value grows by 4%4\% in year one, then by 1.5%1.5\% in each of the following two years. Work out the overall percentage increase across the three years, giving the percentage correct to 11 decimal place.

(4)

(Total for Question 7 is 4 marks)

Mark scheme

Mark scheme for question 7
QuestionAnswerMarkMark scheme
7
  • 7.1%7.1\%
4The overall multiplier is 1.04×1.0152=1.04×1.030225=1.0714341.04\times1.015^2=1.04\times1.030225=1.071434\ldots, so the value is multiplied by 1.07141.0714\ldots overall. The overall increase is 7.1434%7.1434\ldots\%, which is 7.1%7.1\% correct to 11 decimal place. (Equivalently, £30003000 grows to £3214.303214.30, an increase of £214.30214.30, and 214.30÷3000=7.14%214.30\div3000=7.14\ldots\%.)
Q8
Tier 3 · Hard

8

A ball is dropped from a height of 10m10\,\text{m}. After each impact, its greatest rebound height is 72%72\% of the preceding greatest height. Work out the total vertical distance travelled from release until the ball hits the floor after its third rebound. Give the distance to the nearest centimetre.

(5)

(Total for Question 8 is 5 marks)

Mark scheme

Mark scheme for question 8
QuestionAnswerMarkMark scheme
8
  • 42.23m42.23\,\text{m}
5The first three rebound heights are 10×0.72=7.210\times0.72=7.2, 7.2×0.72=5.1847.2\times0.72=5.184 and 5.184×0.72=3.732485.184\times0.72=3.73248 metres. Each rebound height is travelled upwards and downwards, so the total distance is 10+2(7.2+5.184+3.73248)=42.23296m10+2(7.2+5.184+3.73248)=42.23296\,\text{m}. This rounds to 42.23m42.23\,\text{m}.
Q9
Tier 3 · Hard

9

Higher tier: A tank initially contains 500500 litres. At the start of each week, 8080 litres are added. During that week, 20%20\% of the resulting amount is used. Let SnS_n be the amount left after nn weeks. Write an iterative formula for Sn+1S_{n+1} in terms of SnS_n, and work out the amount left after 44 weeks.

(5)

(Total for Question 9 is 5 marks)

Mark scheme

Mark scheme for question 9
QuestionAnswerMarkMark scheme
9
  • Sn+1=0.8(Sn+80)S_{n+1}=0.8(S_n+80), with S0=500S_0=500
  • 393.728393.728 litres
5Adding 8080 litres and then keeping 80%80\% gives Sn+1=0.8(Sn+80)S_{n+1}=0.8(S_n+80). Starting with S0=500S_0=500, the values are S1=464S_1=464, S2=435.2S_2=435.2, S3=412.16S_3=412.16 and S4=393.728S_4=393.728. Therefore 393.728393.728 litres remain after 44 weeks.

Verified exam appearances

SeriesPaperQuestionMarksCalculatorTierLinks
2019-063FQ253AllowedFoundationQPMS
2022-112HQ103AllowedHigherQPMS
2022-062HQ63AllowedHigherQPMS
2022-112HQ63AllowedHigherQPMS
2022-112HQ123AllowedHigherQPMS
2024-063HQ44AllowedHigherQPMS
2023-062HQ84AllowedHigherQPMS
2024-063HQ144AllowedHigherQPMS
2021-113HQ193AllowedHigherQPMS
2024-113FQ263AllowedFoundationQPMS
2019-112HQ133AllowedHigherQPMS
2019-063HQ23AllowedHigherQPMS
2019-112HQ224AllowedHigherQPMS
2024-113HQ126AllowedHigherQPMS
2022-112FQ233AllowedFoundationQPMS
2022-063HQ103AllowedHigherQPMS
2023-062FQ274AllowedFoundationQPMS
2023-111HQ164Non-calculatorHigherQPMS
2021-112HQ104AllowedHigherQPMS
2022-062FQ263AllowedFoundationQPMS
2023-112HQ32AllowedHigherQPMS
2022-063HQ204AllowedHigherQPMS
2024-063FQ254AllowedFoundationQPMS
2023-112FQ242AllowedFoundationQPMS

Other points in R Ratio, proportion and rates of change

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