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:

By selling 175 pineapples, the gain is equal to the selling price of 50 pineapples. What is the gain percentage?

A) 28 B) 30
C) 32 D) 40
 
Answer & Explanation Answer: D) 40

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Q:

Ticket for an adult is Rs 2200 and a child is Rs 990. One child goes free with two adults. If a group has 23 adults and 11 children, what is the discount the group gets?

A) 17.71 percent B) 32.30 percent
C) 26.47 percent D) 25.77 percent
 
Answer & Explanation Answer: A) 17.71 percent

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Q:

A total amount of Rs. 1560 is to be divided among A, B, C such that A gets 50% of what B gets and B gets 20% of what C gets. How much will B get ?

A) Rs. 540 B) Rs. 440
C) Rs. 280 D) Rs. 240
 
Answer & Explanation Answer: D) Rs. 240

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Q:

At 22% discount the selling price of a refrigerator is Rs 26000, what is the selling price if the discount is 40%?

A) Rs 12000 B) Rs 14640
C) Rs 21840 D) Rs 20000
 
Answer & Explanation Answer: D) Rs 20000

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Q:

The marked price of an article is Rs 960 and it is sold at a discount of Rs 192. What is the discount percentage?

A) 15 B) 20
C) 25 D) 30
 
Answer & Explanation Answer: B) 20

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Q:

If a shopkeeper sells an item at Rs 4200 which is marked as Rs 4800, then what is the discount (in %) that he is offering?

A) 12.5 B) 14.28
C) 10 D) 15
 
Answer & Explanation Answer: A) 12.5

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Q:

At 24% discount the selling price of a washing machine is Rs 38000, what is the selling price if the discount is 40%?

A) Rs 18000 B) Rs 30000
C) Rs 22320 D) Rs 31920
 
Answer & Explanation Answer: B) Rs 30000

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Q:

The marked price of an article is Rs. 5000. But due to a special festive offer a certain percent of discount is declared. Mr. X availed this oppurtunity and bought the article at reduced price. He then sold it at Rs. 5000 and thereby made a profit of 11 1/9%. The percentage of discount allowed was?

A) 10 B) 10/3
C) 15/2 D) 100/9
 
Answer & Explanation Answer: A) 10

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