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:

The costs of daily ticket of local train is Rs 130 and Monthly Pass costs Rs 3091.40. If I buy the Monthly Pass and travel for 29 days in a month than I save (in percentage)?

A) 16 percent B) 18 percent
C) 15 percent D) 14 percent
 
Answer & Explanation Answer: B) 18 percent

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1 1868
Q:

Marked price of an item is Rs 200. On purchase of 1 item discount is 5%, on purchase of 2 items discount is 14%. Rajeshri buys 3 items, what is the effective discount? 

A) 37 percent B) 26.25 percent
C) 11 percent D) 30.2 percent
 
Answer & Explanation Answer: C) 11 percent

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1 1868
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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2 1868
Q:

Two baskets together have 640 oranges. If (1/5)th of the oranges in the first basket be taken to the second basket. The number of oranges in the first basket is

A) 800 B) 600
C) 400 D) 300
 
Answer & Explanation Answer: C) 400

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1 1867
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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0 1862
Q:

Find 150% of X, if X is the least number which when divided by 6, 7, 8, 9 and 12 leaves remainders 2, 3, 4, 5 and 8 respectively.

A) 750 B) 500
C) 1000 D) 1200
 
Answer & Explanation Answer: A) 750

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4 1860
Q:

If Giridhar's salary is 5/3 times of Hariraj's and Shaunak's is 2/3 times of Hariraj's, what is the ratio of Giridhar's salary to Shaunak's.

A) 9:10 B) 10:9
C) 5:2 D) 2:5
 
Answer & Explanation Answer: C) 5:2

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4 1857
Q:

When a number is increased by 24, it becomes 110% of itself. What is the number?

A) 288 B) 360
C) 216 D) 240
 
Answer & Explanation Answer: D) 240

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0 1852