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:

If 2 shirts are offered free on purchase of 3 shirts priced Rs 600 each, then what will be the effective discount on each shirt?

A) 30 percent B) 66.67 percent
C) 40 percent D) 25 percent
 
Answer & Explanation Answer: C) 40 percent

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Percentage
Exam Prep: Bank Exams

3 1724
Q:

An article was sold for Rs. 2,400 at a discount of 20%. Find the selling price, if the discount was 25%.

A) Rs. 2250 B) Rs. 2000
C) Rs. 1800 D) Rs. 2150
 
Answer & Explanation Answer: A) Rs. 2250

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Percentage
Exam Prep: Bank Exams

1 1724
Q:

A shopkeeper marks up his wares by 60% and offers 25% discount. What will be the selling price (in Rs) if the cost price is Rs 1600?

A) 1920 B) 2000
C) 2120 D) 2200
 
Answer & Explanation Answer: A) 1920

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Percentage
Exam Prep: Bank Exams

0 1723
Q:

The sum of three numbers is 67. If the ratio of the first number to the second number is 3 : 5 and that of the second number to the third number is 4 : 7, then what is the second number ?

A) 20 B) 24
C) 18 D) 16
 
Answer & Explanation Answer: A) 20

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Percentage
Exam Prep: Bank Exams

2 1722
Q:

Weight of Ayush and Abhishek are in the ratio of 6:11. Abhishek's weight increases by 25% and total weight of Ayush and Abhishek both increases by 40%. If total weight becomes 119 kg, then wat is the weight (in kg) of Ayush after the increment?

A) 45.5 B) 30
C) 50.25 D) 47.75
 
Answer & Explanation Answer: C) 50.25

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Percentage
Exam Prep: Bank Exams

2 1714
Q:

Two labourers A and B are paid a total of Rs 650 per day. If A is paid 160 percent of what is paid to B, how much (in Rs) is B paid?

A) 250 B) 400
C) 350 D) 450
 
Answer & Explanation Answer: A) 250

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Percentage
Exam Prep: Bank Exams

2 1712
Q:

A's salary was decreased by 50% and subsequently increased by 50%. How much percent does he lose?

A) 25% B) 50%
C) 75% D) No loss
 
Answer & Explanation Answer: A) 25%

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Percentage
Exam Prep: Bank Exams

0 1707
Q:

In a company 2/3 of the workers are girls, 1/2 of the girls are married and 1/3 of the married girls live in hostel. If 3/4 of the boys are married and 2/3 of married boys live in hostel. Calculate the part of workers who don’t live in hostel.

 

A) 11/18 B) 15/18  
C) 17/18   D) 13/18
 
Answer & Explanation Answer: D) 13/18

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Percentage
Exam Prep: Bank Exams

2 1707