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:

Pranita got 30 marks more in Math than what she got in Science. Her Math marks are 60% of the sum of her Math and Science marks. What are her Science marks?

A) 90 B) 150
C) 120 D) 60
 
Answer & Explanation Answer: D) 60

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Q:

10% discount is offered on an item. By applying a promo code the customer wins 5% cash back. What is the effective discount?

A) 15.225 percent B) 14.5 percent
C) 15 percent D) 5.5 percent
 
Answer & Explanation Answer: B) 14.5 percent

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Q:

When a number is increased by 69, it becomes 103% of itself. What is the number?

A) 1300 B) 3300
C) 2300 D) 4300
 
Answer & Explanation Answer: C) 2300

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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:

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:

The marked price of a sofa set is Rs 4800 which is sold at Rs 3672 at two successive discounts. If the first discount is 10%, then what will be the second discount (in %)?

A) 13 B) 15
C) 14 D) 17
 
Answer & Explanation Answer: B) 15

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Q:

A Rs 100 shirt is offered at 10% discount and a Rs 300 pair of trousers at 20% discount. If Pritam bought 1 shirt and 3 pairs of trousers, what is the effective discount (in %) he got?

A) 19 B) 18
C) 17 D) 16
 
Answer & Explanation Answer: A) 19

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