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 a book is Rs 4200. The shopkeeper gives two successive discounts of 25% and y% to the customer. If the customer pays Rs 2898 for the book, then what is the value (in percentage) of y?

 

A) 7 B) 8
C) 6 D) 5
 
Answer & Explanation Answer: B) 8

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Q:

A number is divided into two parts in such a way that 30% of first part is 25 more than the 20% of second part. 50% of second part is 33.5 more than the 60% of first part. What is the number?

 

A) 1475 B) 1655
C) 1425 D) 1905
 
Answer & Explanation Answer: A) 1475

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3 1816
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

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0 1815
Q:

The price of an article is cut by 7%, to restore it to its original value, the new price must be increased by

A) 7 percent B) 33.77 percent
C) 7.53 percent D) 63.75 percent
 
Answer & Explanation Answer: C) 7.53 percent

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0 1803
Q:

The price of an article is discounted by 25%, to restore to its original value, the new price must be increased by

A) 57 percent B) 36.31 percent
C) 71.25 percent D) 33.33 percent
 
Answer & Explanation Answer: D) 33.33 percent

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2 1800
Q:

The price of a shirt after 15% discount, is Rs.119. What was the marked price of the shirt before discount

A) Rs.129 B) Rs.140
C) Rs.150 D) Rs.160
 
Answer & Explanation Answer: B) Rs.140

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1 1798
Q:

If the population of a town increases by 25% in the first year and increases by 36% in the second year, then what is the average rate (in percentage)of increase in the population?

 

A) 26 B) 30.5
C) 31.66 D) 35
 
Answer & Explanation Answer: D) 35

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0 1798
Q:

If a retailer offers a discount of 28% on the marked price of his goods and thus ends up selling at cost price, what was the % mark up?

A) 18.25 percent B) 22 percent
C) 38.88 percent D) 28 percent
 
Answer & Explanation Answer: C) 38.88 percent

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3 1792