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:

A number is divided into two parts in such a way that 30% of first part is 25 more than the 20% of second part. 50% of second part is 33.5 more than the 60% of first part. What is the number?

 

A) 1475 B) 1655
C) 1425 D) 1905
 
Answer & Explanation Answer: A) 1475

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Q:

Divide 3740 in three parts in such a way that half of the first part, one-third of the second part and one-sixth of the third part are equal.

A) 700, 1000, 2040 B) 340, 1360, 2040
C) 680, 1020, 200 D) 500, 1200, 2040
 
Answer & Explanation Answer: C) 680, 1020, 200

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Q:

Rohit buys a ball for Rs 450 and sells it. Rohit gives two successive discount of 20% and 5% to the customer. What will be the selling price (in Rs) of the ball?

A) 342 B) 354
C) 334 D) 362
 
Answer & Explanation Answer: A) 342

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Q:

Two students appeared for an examination. One of them secured 22 marks more than the other and his marks were 55% of the sum of their marks. The marks obtained by them are _______.

A) 121 and 99 B) 43 and 21
C) 58 and 36 D) 86 and 64
 
Answer & Explanation Answer: A) 121 and 99

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Q:

In the last financial year, a car company sold 41,800 cars . In this year, the target is to sell 51,300 cars . By what percent must the sale be increased ?

A) 11 9/22% B) 8 9/22%
C) 8 11/23% D) 22 8/11%
 
Answer & Explanation Answer: D) 22 8/11%

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Q:

If the selling price of an item is Rs 9750 after getting a discount of 25%, then what was its marked price (in Rs)?

A) 13000 B) 12187
C) 14000 D) 13187
 
Answer & Explanation Answer: A) 13000

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Q:

The price of an article is cut by 7%, to restore it to its original value, the new price must be increased by

A) 7 percent B) 33.77 percent
C) 7.53 percent D) 63.75 percent
 
Answer & Explanation Answer: C) 7.53 percent

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Q:

If a retailer offers a discount of 28% on the marked price of his goods and thus ends up selling at cost price, what was the % mark up?

A) 18.25 percent B) 22 percent
C) 38.88 percent D) 28 percent
 
Answer & Explanation Answer: C) 38.88 percent

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