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 Rs 750 tin of cheese is offered at 8% discount and a Rs 1,250 tin of butter at 20% discount. If we buy 5 tins of cheese and 3 tins of butter, what is the effective discount we get (in %)?

A) 12 B) 15
C) 14 D) 16
 
Answer & Explanation Answer: C) 14

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Q:

After a discount of 23% an article is sold for Rs 1848. What is the marked price (in Rs) of the article?

A) 2150 B) 2275
C) 2350 D) 2400
 
Answer & Explanation Answer: D) 2400

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Q:

Divide 13,680 in three parts such that 1st part is 3/5th of the third part and the ratio between 2nd and 3rd part is 4:7. How much is the first part?

 

A) 3780 B) 6300
C) 3600 D) 4800
 
Answer & Explanation Answer: A) 3780

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Q:

A Rs 1000 box of cookies is offered at 10% discount and a Rs 400 bar of chocolate at 8% discount. If we buy 2 boxes of cookies and 3 bars of chocolate, what is the effective discount we get (in %)?

A) 9 B) 9.25
C) 8.75 D) 8.5
 
Answer & Explanation Answer: B) 9.25

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Q:

1 packet of biscuits costs Rs 16 but a pack of 4 of the same packet of biscuits costs Rs 56. What is the effective discount (in %) on the pack?

A) 8 B) 10
C) 7.5 D) 12.5
 
Answer & Explanation Answer: D) 12.5

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Q:

A man sells an article at a profit of 35%. If he had bought it for 15% less price and sold it for Rs. 32 less, then he would have gained 40%. What is the initial cost price (in Rs) of the article?

A) 250 B) 200
C) 300 D) 400
 
Answer & Explanation Answer: B) 200

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Q:

0.08% of 120% of 50,000 is equal to __________.

A) 480 B) 48
C) 4800 D) 4.8
 
Answer & Explanation Answer: B) 48

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Q:

If on a Sale there is 40% discount on the marked price of Rs 1000, but the sale is done at Rs 510 only then what additional discount (in %) did the customer get?

A) 25 B) 15
C) 10 D) 30
 
Answer & Explanation Answer: B) 15

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