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 price of an article is cut by 36%, to restore to its original value, the new price must be increased by

A) 56.25 percent B) 36 percent
C) 26.47 percent D) 45 percent
 
Answer & Explanation Answer: A) 56.25 percent

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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:

Ankit scored 32, 45 and 49 marks in Physics, English and Philosophy respectively. The maximum marks in each subject is 50. Determine his overall percentage for the three subjects.

A) 58 B) 50
C) 42 D) 84
 
Answer & Explanation Answer: D) 84

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Q:

The discount offered on a Shirt of Rs 500 and a pair of Trousers of Rs 1000 is 20% and 40% respectively. If Ajay bought 2 Shirt and 3 pair of Trousers then what was the effective discount ( in %) he recieved?

A) 30 B) 32
C) 25 D) 35
 
Answer & Explanation Answer: D) 35

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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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Q:

If on an item there is 12% discount on the marked price of Rs 10,000 but the item is sold at Rs 8,360 only then what additional discount (in %) did the customer get?

A) 6 B) 7
C) 5 D) 8
 
Answer & Explanation Answer: C) 5

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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:

Veer spends 15% of his monthly income on the house rent and 60% of the rest on household expenditure. If he saves Rs. 2210, what is his monthly income?

A) Rs. 8000 B) Rs. 7000
C) Rs. 7500 D) Rs. 6500
 
Answer & Explanation Answer: D) Rs. 6500

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