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 one-third of a number is 45, then what will be the 45% of that number?

A) 60.75 B) 58.25
C) 61.25 D) 70.75
 
Answer & Explanation Answer: A) 60.75

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Q:

Daily local train ticket costs Rs 60 and Monthly Pass costs Rs 1566. If I buy the Monthly Pass and travel for 29 days in a month than I save?

A) 10 percent B) 14 percent
C) 15 percent D) 12 percent
 
Answer & Explanation Answer: A) 10 percent

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Q:

A person while buying a dress on sale spends Rs. 45 and saves Rs. 5, what is the percentage of his savings?

A) 5% B) 10%
C) 15% D) 20%
 
Answer & Explanation Answer: B) 10%

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Q:

The price of rice has increased by 60%. In order to restore the original price, the new price must be reduced by

A) 33 1/3% B) 37 1/2%
C) 40% D) 45%
 
Answer & Explanation Answer: B) 37 1/2%

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Q:

On a television of brand A the discount is 25% and on television of brand B the discount is 40%. The price of B after discount Rs 2,250 greater than the price of A after discount. What is the marked price of A (in Rs) if marked price of B is Rs 35,000?

A) 18750 B) 21000
C) 25000 D) 17850
 
Answer & Explanation Answer: C) 25000

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Q:

A dealer is selling an article at a discount of 5% on the Marked price. If the Marked price is 12% above the cost price and the article was sold for Rs. 532 then the cost price is (in Rs.)

A) 500 B) 525
C) 505 D) 520
 
Answer & Explanation Answer: A) 500

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Q:

Two numbers are 30% and 37% lesser than a third number. By how much percent is the second number to be enhanced to make it equal to the first number?

A) 10 percent B) 7 percent
C) 11.11 percent D) 18.92 percent
 
Answer & Explanation Answer: C) 11.11 percent

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Q:

The income of X is 60% more than Y’s income and the income of Y is 40% more than Z’s income. X’s income is how much percentage more than Z’s income?

 

A) 134 B) 224
C) 100 D) 124
 
Answer & Explanation Answer: D) 124

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