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:

26% of a number is 65. What is the number?

A) 50 B) 250
C) 260 D) 40
 
Answer & Explanation Answer: B) 250

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Q:

If 1 dupatta is offered free on purchase of 4 dupattas priced Rs 1300 each what is the effective discount on each dupatta?

A) 66.67 percent B) 20 percent
C) 25 percent D) 12.5 percent
 
Answer & Explanation Answer: B) 20 percent

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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:

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:

A shopkeeper marks up his wares by 60% and offers 25% discount. What will be the selling price (in Rs) if the cost price is Rs 1600?

A) 1920 B) 2000
C) 2120 D) 2200
 
Answer & Explanation Answer: A) 1920

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Q:

A Village lost 12% of its goats in a flood and 5% of remainder died from diseases. If the number left now is 8360. What was the orignal number before the flood?

A) 1000 B) 10000
C) 1,00,000 D) 8360
 
Answer & Explanation Answer: B) 10000

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Q:

Out of two numbers, 30% of the smaller number is equal to 18% of the larger number. If the sum of the two numbers is 840, then what is the value of the larger number?

 

A) 545 B) 507
C) 515 D) 525
 
Answer & Explanation Answer: D) 525

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Q:

The arithmetic mean of the marks scored by students of a class is 58. 20% of them secured a mean score of 60. The mean score of another 30% of the students was 40. The mean score of the remaining students is

A) 65 B) 66
C) 68 D) 70
 
Answer & Explanation Answer: C) 68

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