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:

X and Y give an exam. Difference of their marks is 45 and the difference of their marks is 15% of the maximum marks. What is the maximum marks for the exam?

A) 180 B) 450
C) 150 D) 300
 
Answer & Explanation Answer: D) 300

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1 1995
Q:

On a television of brand A the discount is 25% and on television of brand B the discount is 40%. The price of B after discount Rs 2,250 greater than the price of A after discount. What is the marked price of A (in Rs) if marked price of B is Rs 35,000?

A) 18750 B) 21000
C) 25000 D) 17850
 
Answer & Explanation Answer: C) 25000

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2 1988
Q:

If the value of a company stock drops from Rs. 25 per share to Rs. 21 per share, the percentage decrease per share is

A) 4 B) 8
C) 12 D) 16
 
Answer & Explanation Answer: D) 16

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1 1983
Q:

If 2 pair of trouser is offered free on purchase of 3 pair of trousers priced Rs 900 each what is the effective discount on each pair of trouser?

A) 40 percent B) 33.33 percent
C) 30 percent D) 20 percent
 
Answer & Explanation Answer: A) 40 percent

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1 1983
Q:

An engineering student has to secure 25% marks to pass. He gets 47 and fails by 43 marks. What are the maximum marks of the examination?

A) 385 marks B) 410 marks
C) 360 marks D) 435 marks
 
Answer & Explanation Answer: C) 360 marks

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0 1982
Q:

The income of a person is Rs 45000 and his expenditure is Rs 33000. If his income is increased by 22% and expenditure in increased by 11%, then what will be the percentage increase in his savings?

 

 

A) 11 B) 45.75
C) 22.15 D) 52.25
 
Answer & Explanation Answer: D) 52.25

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2 1979
Q:

The price of rice has increased by 60%. In order to restore the original price, the new price must be reduced by

A) 33 1/3% B) 37 1/2%
C) 40% D) 45%
 
Answer & Explanation Answer: B) 37 1/2%

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1 1976
Q:

Marked price of an item is Rs 200. On purchase of 1 item discount is 22%, on purchase of 4 items discount is 33%. Rabia buys 5 items, what is the effective discount?

A) 35 percent B) 30.8 percent
C) 20.4 percent D) 34 percent
 
Answer & Explanation Answer: B) 30.8 percent

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3 1975