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 1 shirt is offered free on purchase of 3 shirts priced Rs 500 each, then what is the effective discount on each shirt?

A) 30 percent B) 33 percent
C) 20 percent D) 25 percent
 
Answer & Explanation Answer: D) 25 percent

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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:

The marked price of a ceiling fan is Rs. 1200 and the shopkeeper allows a discount of 5 % on it. Then selling price of the fan is

A) Rs. 1410 B) Rs. 1400
C) Rs. 1140 D) Rs. 1104
 
Answer & Explanation Answer: C) Rs. 1140

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Q:

Jalal, Amit and Feroz enter into partnership. Jalal invests 4 times as much as Amit and Amit invests three-fourth of what Feroz invests. At the end of the financial year, the total profit earned is Rs. 19,000. Find the share for Jalal.

A) Rs. 15000 B) Rs. 12000
C) Rs. 13000 D) Rs. 10000
 
Answer & Explanation Answer: B) Rs. 12000

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3 1830
Q:

Marked price of an article is Rs 3600 and selling price is Rs 3132. What is the discount percentage?

A) 12% B) 13%
C) 17.21% D) 14.94%
 
Answer & Explanation Answer: B) 13%

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1 1827
Q:

The number of trees in a town is 17640. If the numbers of trees increases annually at the rate of 5%, then how many trees were there 2 years ago?

A) 14000 B) 15000
C) 16000 D) 18000
 
Answer & Explanation Answer: C) 16000

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Q:

If 4/5th of 6/7th of a number is 216, then 8/9th of that number will be

A) 179 B) 280
C) 160 D) 149
 
Answer & Explanation Answer: B) 280

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2 1818
Q:

A watch having marked price as Rs 8400 is sold for Rs 5040 after two successive discounts. If the first discount is 25% then what is the second discount percentage?

A) 0.15 B) 0.2
C) 0.3 D) 0.25
 
Answer & Explanation Answer: B) 0.2

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