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 35% of A's income is equal to 25% of B's income, then the ratio of A's income to B's income is

A) 7:5 B) 5:7
C) 4:7 D) 4:3
 
Answer & Explanation Answer: B) 5:7

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Q:

25% discount is offered on an item. By applying a promo code the customer wins 4% cash back. What is the effective discount?

A) 28 percent B) 29.12 percent
C) 29 percent D) 5 percent
 
Answer & Explanation Answer: A) 28 percent

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Q:

A tyre is sold at three successive discounts of 20%,30%, and 20%. What is the net discount (in percentage)

A) 62.8 B) 59.6
C) 55.2 D) 51.4
 
Answer & Explanation Answer: C) 55.2

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Q:

After selling 5% of a quantity of sugar, 5 Kgs of sugar remains . Find the total quantity of sugar?

A) 19 Kg B) 5519 kg
C) 100 kg D) 95 kg
 
Answer & Explanation Answer: B) 5519 kg

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Q:

Marked price of an item is Rs 400. On purchase of 1 item discount is 6% and on purchase of 4 items discount is 24%. Rachita buys 5 items, what is the effective discount?

A) 34 percent B) 20.4 percent
C) 12.8 percent D) 23.25 percent
 
Answer & Explanation Answer: B) 20.4 percent

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Q:

A person scores 45% of the total marks in the exam and still fails by 40 marks. The passing percentage of the exam is 55%. What is the maximum marks of the exam?

A) 300 B) 400
C) 350 D) 550
 
Answer & Explanation Answer: B) 400

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Q:

An investor invested his saving in the stock market. The value of his investments increased by 12% and 9% in the first year and the second year respectively. If the value of his investments after two years became Rs 97,664 then how much had he invested (in Rs)?

A) 81000 B) 75000
C) 80000 D) 72000
 
Answer & Explanation Answer: C) 80000

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Q:

If in the population of a town there is an increase of 44% in the first year and 75% in the second year, then what is the average rate of increase in the population?

A) 45% B) 59.5%
C) 74% D) 76%
 
Answer & Explanation Answer: D) 76%

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