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Arithmetic Aptitude :: Percentage

  1. 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% = X100   .
     

     

        Thus, 20% =    2010015   .
       

     

    To express   as a percent: We have, ab   = ab x 100 %.
    ab    

     

        Thus,   =   14 100 % = 25%.
     14  
  2. Percentage Increase/Decrease:

    If the price of a commodity increases by R%, then the reduction in consumption so as not to increase the expenditure is:

     

       R(R100)x 100 %
     

     

    If the price of a commodity decreases by R%, then the increase in consumption so as not to decrease the expenditure is:

     

      x 100 %
    R(R100)

     

  3. Results on Population:

    Let the population of a town be P now and suppose it increases at the rate of R% per annum, then:

     

    1. Population after n years = P 1 + R100 n
     

     

    2. Population n years ago =  
    1 + R100   n
     
  4. Results on Depreciation:

    Let the present value of a machine be P. Suppose it depreciates at the rate of R% per annum. Then:

     

    1. Value of the machine after n years = P 1- R100   n
     

     

    2. Value of the machine n years ago =  

     

     1- R100   n
     

     

    3. If A is R% more than B, then B is less than A by    R100+Rx 100 %.
     

     

    4. If A is R% less than B, then B is more than A by    R100Rx 100 %.