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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2 2037
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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2 2036
Q:

You went to buy 3 articles worth Rs.500 each. However, as per the discount sale going on in the shop, you paid for two and got one free. What is the discount percentage in the deal?

A) 30% B) 33%
C) 33.13% D) 33.33%
 
Answer & Explanation Answer: D) 33.33%

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20 2036
Q:

When a number is increased by 32, it becomes 116% of itself. What is the number?

A) 384 B) 480
C) 200 D) 288
 
Answer & Explanation Answer: C) 200

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1 2028
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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4 2026
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

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2 2023
Q:

Rs 10,200 has to be divided between A,B & C so that A gets 2/3 of what B gets and B gets 1/4 of what C gets. How much more does C get over A (in Rs)?

A) 6000 B) 7200
C) 1800 D) 1200
 
Answer & Explanation Answer: A) 6000

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1 2020
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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1 2012