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 1500 and a child is Rs 800. 1 child goes free with two adults. If a group has 25 adults and 12 children what is the discount the group gets?

A) 26.47 percent B) 20.38 percent
C) 31.60 percent D) 33.33 percent
 
Answer & Explanation Answer: B) 20.38 percent

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Q:

The price of an article is decreased by 10%. To restore it to its former value, the new price must be increased by

A) 9 1/11% B) 10%
C) 11% D) 11 1/9%
 
Answer & Explanation Answer: D) 11 1/9%

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Q:

If the radius of a circle is increased by 21%, then its area will increase by what percent?

A) 42 percent B) 21 percent
C) 23.205 percent D) 46.41 percent
 
Answer & Explanation Answer: D) 46.41 percent

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Q:

At 10% discount the selling price of a toaster is Rs 18000, what is the selling price if the discount is 37.5%?

A) Rs 7812.5 B) Rs 12500
C) Rs 8593.75 D) Rs 15468.75
 
Answer & Explanation Answer: B) Rs 12500

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Q:

The average marks obtained in a class of 50 students is 70%. The average of first 25 is 60% and that of 24 is 80%. What is the marks obtained by the last student?

A) 90% B) 60%
C) 80% D) 70%
 
Answer & Explanation Answer: C) 80%

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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:

Two students appeared for an examination. One of them secured 20 marks more than the other and his marks were 55% of the sum of their marks. The marks obtained by them are

A) 92 and 72 B) 83 and 63
C) 110 and 90 D) 64 and 44
 
Answer & Explanation Answer: C) 110 and 90

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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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