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:

A cloth merchant has announced 25% rebate in prices. If one needs to have a rebate of Rs. 40, then how many metres of cloth costing Rs. 32 per metre he should purchase 

A) 6m B) 5m
C) 10m D) 7m
 
Answer & Explanation Answer: B) 5m

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Percentage
Exam Prep: Bank Exams

2 2033
Q:

If the radius of a circle is increased by 15% its area increases by _____.

A) 30 percent B) 32.25 percent
C) 15 percent D) 16.125 percent
 
Answer & Explanation Answer: B) 32.25 percent

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Percentage
Exam Prep: Bank Exams

0 2030
Q:

Two numbers are more than the third number by 16.25% and 55% respectively. First number is what percentage of the second number?

A) 85 B) 81.5
C) 75 D) 61.25
 
Answer & Explanation Answer: C) 75

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Percentage
Exam Prep: Bank Exams

0 2019
Q:

Tapas, Avi and Rishi shared a cake. Tapa had 1/2 of it, Rishi had 1/3 of it, and Avi had the rest. What was Avi's share of the cake?

A) 3/5 B) 2/6
C) 3/6 D) 1/6
 
Answer & Explanation Answer: D) 1/6

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Percentage
Exam Prep: Bank Exams

1 2009
Q:

The bar chart given shows the sales of 3 types of cars in the Indian automotive industry over 4 years. All the sales figures have been shown in terms of 000 units.

What is the simple annual growth rate (in %) in the sales of SUV from 2009 to 2012?

A) 90 B) 100
C) 133.33 D) 150
 
Answer & Explanation Answer: C) 133.33

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Percentage
Exam Prep: Bank Exams

2 2002
Q:

If the price of onion increases from Rs 24/kg to Rs 36/kg, then by what percentage a household should decrease the consumption of onion so that
expenditure remains same?

A) 25 B) 33.33
C) 50 D) 20
 
Answer & Explanation Answer: B) 33.33

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Percentage
Exam Prep: Bank Exams

5 1998
Q:

The population of a town increases by 5% in the first year, by 6% in the second year and by 8% in third year. The present population of town is 120204. What was the population of the town 3 years ago?

A) 102000 B) 100000
C) 98000 D) 101204
 
Answer & Explanation Answer: B) 100000

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Percentage
Exam Prep: Bank Exams

1 1997
Q:

If 2 T-shirts are offered free on purchase of 5 T-shirts, what is the effective discount (in %) on each T-shirt?

A) 40 B) 20
C) 30 D) 50
 
Answer & Explanation Answer: A) 40

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Percentage
Exam Prep: Bank Exams

1 1996