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:

Jalal, Amit and Feroz enter into partnership. Jalal invests 4 times as much as Amit and Amit invests three-fourth of what Feroz invests. At the end of the financial year, the total profit earned is Rs. 19,000. Find the share for Jalal.

A) Rs. 15000 B) Rs. 12000
C) Rs. 13000 D) Rs. 10000
 
Answer & Explanation Answer: B) Rs. 12000

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Q:

After two successive discounts of 20% and 35%, an article is sold for Rs 50700. What is the marked price (in Rs) of the article?

A) 92500 B) 98500
C) 97500 D) 94000
 
Answer & Explanation Answer: C) 97500

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Q:

The list price (marked price ) of an article is Rs. 900 and is available at two successive discounts of 20% and 10% ; the selling price of the article,in rupees, is

A) 640 B) 648
C) 720 D) 738
 
Answer & Explanation Answer: B) 648

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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:

A's salary is 50% more than that of B. Then B's salary is less than that of A by

A) 50% B) 44%
C) 33 1/3% D) 46 1/2%
 
Answer & Explanation Answer: C) 33 1/3%

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Q:

At 15% discount the selling price of a microwave oven is Rs 34000, what is the selling price if the discount is 37.5%?

A) Rs 25000 B) Rs 15625
C) Rs 17968.75 D) Rs 29218.75
 
Answer & Explanation Answer: A) Rs 25000

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Q:

When a number is increased by 24, it becomes 110% of itself. What is the number?

A) 288 B) 360
C) 216 D) 240
 
Answer & Explanation Answer: D) 240

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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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