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:

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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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 discount offered on a Shirt of Rs 500 and a pair of Trousers of Rs 1000 is 20% and 40% respectively. If Ajay bought 2 Shirt and 3 pair of Trousers then what was the effective discount ( in %) he recieved?

A) 30 B) 32
C) 25 D) 35
 
Answer & Explanation Answer: D) 35

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Q:

Marked price of an item is Rs 900. On purchase of 2 items discount is 6%, on purchase of 3 items discount is 12%. Rajani buys 5 items, what is the effective discount?

A) 17.5 percent B) 9.6 percent
C) 35 percent D) 37 percent
 
Answer & Explanation Answer: B) 9.6 percent

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Q:

15% of a number, when added to 30% of another, gives 24% of the sum of the two numbers. The bigger number is 4 more than the smaller one. What are the numbers?

A) 6, 10 B) 8, 12
C) 10, 14 D) 12, 16
 
Answer & Explanation Answer: B) 8, 12

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Q:

What will be the net discount percentage of three successive discounts of 20%, 10% and 30%?

A) 45.2 B) 49.6
C) 54.6 D) 50.4
 
Answer & Explanation Answer: B) 49.6

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Q:

If 35% of (x + y) = 40% of (x – y), then x is what percentage of y?

A) 1500 B) 150
C) 15 D) 105
 
Answer & Explanation Answer: A) 1500

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Q:

If the edge of a cube is increased by 10%, then what will be the percentage increase in its volume ?

A) 30 B) 31.3
C) 136.1 D) 33.1
 
Answer & Explanation Answer: D) 33.1

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