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:

At what percentage above the cost price must an article be marked so as to gain 33% after allowing a customer a discount of 5%?

A) 40% B) 45%
C) 35% D) 47%
 
Answer & Explanation Answer: A) 40%

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Q:

X and Y give an exam. Difference of their marks is 45 and the difference of their marks is 15% of the maximum marks. What is the maximum marks for the exam?

A) 180 B) 450
C) 150 D) 300
 
Answer & Explanation Answer: D) 300

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Q:

The marked price of an article is Rs 2400. It is sold at two successive discounts of 10% and 15%. What is the selling price (in Rs) of the article?

 

A) 1836 B) 1924
C) 1848 D) 1976
 
Answer & Explanation Answer: A) 1836

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Q:

A shopkeeper by selling 21 Nike shoes, earns a profit equal to the selling price of 5 Nike shoes. His profit percentage is

A) 31.25 percent B) 23.8 percent
C) 47.6 percent D) 16.35 percent
 
Answer & Explanation Answer: A) 31.25 percent

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Q:

Ravi had five subjects in his final examination. The maximum marks in each subject are 100. If his percentage in four subjects is 80, and he scores 65 marks in the fifth subject, determine his overall percentage for the five subjects.

A) 0.78 B) 0.79
C) 0.77 D) 0.76
 
Answer & Explanation Answer: C) 0.77

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Q:

1/8 th of the audience of a program Jabardast were children, 2/5th of the audience were men and the rest women. If the number of women audience is 380, find the total number of audience in the program?

A) 600 B) 500
C) 400 D) 800
 
Answer & Explanation Answer: D) 800

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Q:

The price of a shirt after 15% discount, is Rs.119. What was the marked price of the shirt before discount

A) Rs.129 B) Rs.140
C) Rs.150 D) Rs.160
 
Answer & Explanation Answer: B) Rs.140

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Q:

At 10% discount the selling price of an article is Rs 4500, what is the selling price (in Rs) if the discount is 27.5%?

A) 4000 B) 3625
C) 3500 D) 3125
 
Answer & Explanation Answer: B) 3625

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