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 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:

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 the radius of a circle is increased by 15% its area increases by _____.

A) 30 percent B) 32.25 percent
C) 15 percent D) 16.125 percent
 
Answer & Explanation Answer: B) 32.25 percent

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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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Q:

What will be the net discount (in %) of two successive discounts of 15% and 35%?

A) 44.75 B) 51.25
C) 55.25 D) 56.25
 
Answer & Explanation Answer: A) 44.75

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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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Q:

A carpenter can build a cupboard in 64 hours. After 16 hours he takes a break. What fraction of the cupboard is yet to be built?

A) 0.6 B) 0.75
C) 0.2 D) 0.8
 
Answer & Explanation Answer: B) 0.75

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