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:

If the price of onion increases from Rs 24/kg to Rs 36/kg, then by what percentage a household should decrease the consumption of onion so that
expenditure remains same?

A) 25 B) 33.33
C) 50 D) 20
 
Answer & Explanation Answer: B) 33.33

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Q:

A cloth merchant has announced 25% rebate in prices. If one needs to have a rebate of Rs. 40, then how many metres of cloth costing Rs. 32 per metre he should purchase 

A) 6m B) 5m
C) 10m D) 7m
 
Answer & Explanation Answer: B) 5m

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Q:

If in the population of a town there is an increase of 44% in the first year and 75% in the second year, then what is the average rate of increase in the population?

A) 45% B) 59.5%
C) 74% D) 76%
 
Answer & Explanation Answer: D) 76%

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Q:

A Rs 750 tin of cheese is offered at 8% discount and a Rs 1,250 tin of butter at 20% discount. If we buy 5 tins of cheese and 3 tins of butter, what is the effective discount we get (in %)?

A) 12 B) 15
C) 14 D) 16
 
Answer & Explanation Answer: C) 14

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Q:

If on a Sale there is 30% discount on the marked price of Rs 2500, but the sale is done at Rs 1400 only. What additional discount (in %) did the customer get?

A) 10 B) 20
C) 15 D) 25
 
Answer & Explanation Answer: B) 20

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Q:

After a discount of 23% an article is sold for Rs 1848. What is the marked price (in Rs) of the article?

A) 2150 B) 2275
C) 2350 D) 2400
 
Answer & Explanation Answer: D) 2400

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Q:

Tapas, Avi and Rishi shared a cake. Tapa had 1/2 of it, Rishi had 1/3 of it, and Avi had the rest. What was Avi's share of the cake?

A) 3/5 B) 2/6
C) 3/6 D) 1/6
 
Answer & Explanation Answer: D) 1/6

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Q:

A person scores 45% of the total marks in the exam and still fails by 40 marks. The passing percentage of the exam is 55%. What is the maximum marks of the exam?

A) 300 B) 400
C) 350 D) 550
 
Answer & Explanation Answer: B) 400

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