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:

There are 1400 students in a school, 25% of those wear spectacles and 2/7 of those wearing spectacles are boys. How many girls in the school wear spectacles?

A) 250 B) 100
C) 200 D) 300
 
Answer & Explanation Answer: A) 250

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Q:

If the shopkeeper sells an item at Rs 1000 which is marked as Rs 1250, then what is the discount he is offering?

A) 25 percent B) 33.3 percent
C) 250 percent D) 20 percent
 
Answer & Explanation Answer: D) 20 percent

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Q:

If "basis points" are defined so that 1 percent is equal to 100 basis points, then by how many basis points is 82.5 percent greater than 62.5 percent?

A) 0.2 B) 20
C) 200 D) 2000
 
Answer & Explanation Answer: D) 2000

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Q:

A businessman imported Laptops, worth Rs 210000, Mobile phones worth Rs 100000 and Television sets worth Rs 150000. He had to pay 10% duty on laptops, 8% on Phones and 5% on Television sets as a special case. How much total duty (in Rupees) he had to pay on all items as per above details?

A) 36500 B) 37000
C) 37250 D) 37500
 
Answer & Explanation Answer: A) 36500

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Q:

Amarjeet scored 92, 98 and 90 marks in Chemistry, Mathematics and Physics respectively. The maximum marks in each subject are 100. Determine his overall percentage for the three subjects.

A) 0.9234 B) 0.5956
C) 0.9333 D) 0.8444
 
Answer & Explanation Answer: A) 0.9234

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Q:

28% of a number is 35. What is the number?

A) 108 B) 120
C) 80 D) 125
 
Answer & Explanation Answer: D) 125

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Q:

When a number is increased by 34, it becomes 117% of itself. What is the number?

A) 408 B) 200
C) 510 D) 306
 
Answer & Explanation Answer: B) 200

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Q:

The income of Rahul is Rs 60000 and his expenditure is Rs 40000. If his income is increased by 20% and expenditure in increased by 15%, then what will be the percentage increase in his savings?

 

A) 30 B) 5
C) 15 D) 25
 
Answer & Explanation Answer: A) 30

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