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:

Ticket for an adult is Rs 1600 and a child is Rs 600. 1 child goes free with two adults. If a group has 17 adults and 7 children what is the discount the group gets?

A) 13.37 percent B) 26.02 percent
C) 24.41 percent D) 32.2 percent
 
Answer & Explanation Answer: A) 13.37 percent

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Q:

If A has got 20% more marks than B, then by what percent marks of B are less than the marks of A?

A) 16.66 B) 20
C) 33.33 D) 14.28
 
Answer & Explanation Answer: A) 16.66

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Q:

An investor invested his saving in the stock market. The value of his investments increased by 12% and 9% in the first year and the second year respectively. If the value of his investments after two years became Rs 97,664 then how much had he invested (in Rs)?

A) 81000 B) 75000
C) 80000 D) 72000
 
Answer & Explanation Answer: C) 80000

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Q:

A boy found the answer for the question "Subtract the sum of 1/4 and 1/5 from unity and express the answer in decimals" as 0.45. The percentage of error in his answer was

A) (100/11) % B) 50%
C) 10% D) (200/11)%
 
Answer & Explanation Answer: D) (200/11)%

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Q:

If the selling price of an item is Rs 1000 after getting a discount of 20%, then what was the marked price (in Rs)?

A) 1200 B) 1250
C) 800 D) 1400
 
Answer & Explanation Answer: B) 1250

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Q:

What will be the net discount (in %) of two successive discounts of 15% and 35%?

A) 44.75 B) 51.25
C) 55.25 D) 56.25
 
Answer & Explanation Answer: A) 44.75

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Q:

If 1 shirt is offered free on purchase of 3 shirts priced Rs 500 each, then what is the effective discount on each shirt?

A) 30 percent B) 33 percent
C) 20 percent D) 25 percent
 
Answer & Explanation Answer: D) 25 percent

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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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