FACTS  AND  FORMULAE  FOR  PERCENTAGE  QUESTIONS

 

 

I.Concept of Percentage : By a certain percent , we mean that many hundredths. Thus x percent means x hundredths, written as x%.

To express x% as a fraction : We have , x% = x/100.

Thus, 20% = 20/100 = 1/5;     

48% = 48/100 = 12/25, etc.

To express a/b as a percent : We have, ab=ab×100% .

 

Thus, 14=14×100%=25%

   

 

II. If the price of a commodity increases by R%, then the reduction in consumption so as not to increase the expenditure is R100+R×100%

If the price of the commodity decreases by R%,then the increase in consumption so as to decrease the expenditure is R100-R×100%

 

 

III. Results on Population : Let the population of the town be P now and suppose it increases at the rate of R% per annum, then :

1. Population after n years = P1+R100n

 

2. Population n years ago =  P1+R100n

 

 

IV. Results on Depreciation : Let the present value of a machine be P. Suppose it depreciates at the rate R% per annum. Then,

1. Value of the machine after n years = P1-R100n

 

2. Value of the machine n years ago = P1-R100n

 

 

V. If A is R% more than B, then B is less than A by

R100+R×100%    

If A is R% less than B , then B is more than A by 

R100-R×100%  

Q:

The marked price of an article is Rs. 5000. But due to a special festive offer a certain percent of discount is declared. Mr. X availed this oppurtunity and bought the article at reduced price. He then sold it at Rs. 5000 and thereby made a profit of 11 1/9%. The percentage of discount allowed was?

A) 10 B) 10/3
C) 15/2 D) 100/9
 
Answer & Explanation Answer: A) 10

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Q:

The discount offered on a Shirt of Rs 500 and a pair of Trousers of Rs 1000 is 20% and 40% respectively. If Ajay bought 2 Shirt and 3 pair of Trousers then what was the effective discount ( in %) he recieved?

A) 30 B) 32
C) 25 D) 35
 
Answer & Explanation Answer: D) 35

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Q:

At 22% discount the selling price of a refrigerator is Rs 26000, what is the selling price if the discount is 40%?

A) Rs 12000 B) Rs 14640
C) Rs 21840 D) Rs 20000
 
Answer & Explanation Answer: D) Rs 20000

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Q:

Marked price of an item is Rs 900. On purchase of 2 items discount is 6%, on purchase of 3 items discount is 12%. Rajani buys 5 items, what is the effective discount?

A) 17.5 percent B) 9.6 percent
C) 35 percent D) 37 percent
 
Answer & Explanation Answer: B) 9.6 percent

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Q:

A shop keeper allows 20% discount on the marked price on his articles. Find the marked price of an article for which he charges Rs. 740

A) Rs. 725 B) Rs. 875
C) Rs. 925 D) Rs. 1040
 
Answer & Explanation Answer: C) Rs. 925

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Q:

15% of a number, when added to 30% of another, gives 24% of the sum of the two numbers. The bigger number is 4 more than the smaller one. What are the numbers?

A) 6, 10 B) 8, 12
C) 10, 14 D) 12, 16
 
Answer & Explanation Answer: B) 8, 12

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Q:

What will be the net discount percentage of three successive discounts of 20%, 10% and 30%?

A) 45.2 B) 49.6
C) 54.6 D) 50.4
 
Answer & Explanation Answer: B) 49.6

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Q:

If 35% of (x + y) = 40% of (x – y), then x is what percentage of y?

A) 1500 B) 150
C) 15 D) 105
 
Answer & Explanation Answer: A) 1500

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