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Percentages Tricks - Application with Examples

Published on Thursday, May 26, 2016
Few weeks back I shared how to make application of Percentages concept. Today I am sharing examples to illustrate the usage of this concept.
percentage tricks

Question 1.

Salary of A is 75% of B’s salary. Salary of A is increased by 40% but salary of B is increased by only 10%. Whose salary is more and by what percent?
     Solution:
     
     Salary of A = 75% of Salary of B 
percentage question


Question 2.

The price of a commodity increases by 25% and therefore a house wife reduces the quantity purchased by certain percentage in order to maintain expenditure. By what percentage should she reduce the quantity purchased ?


The short cut could be made on the basis that 

Price ∝  1/Quantity

Which means if you reduce the price , the quantity will increase and vice-versa, so our formula would be :
percentage question  3

Question 3.

The price of a commodity increases by 25%. Find out the reduction in quantity such that the expenditure is allowed to increase by 20%?

Now again let the price = 100, Quantity =100

Expenditure =100 X 100= 10000

New Price =125, New Quantity =?

New Expenditure =10000+20%of 10000=12000

New Expenditure= New Price X New Quantity
            
12000 =   125 X New Quantity

New Quantity = 12000/125= 96
Required reduction% in the quantity = (100-96)/100 X 100 =4%

Question 4.

The price of a commodity increases by 20% and expenditure is allowed to increase by 15%. What changes would occur in the quantity ?
percentage question  5

Question 5.

The price of an apple reduce by 10% and thus enables a person to buy 10 more apples for Rs. 50. Find out :
  1. New price
  2. Old Price
  3. New Quantity
  4. Old Quantity
Solution:

Let us say, initially he is able to buy m apples for Rs.50.
Initially

Rs.50    = m apples

Now

Rs. 50 = (m+10) apples

percentage question  6

Now we can see that

⇒ Earlier in Rs. 50 , 90 apples could be bought

Now in Rs. 50, 90+10=100 apples could be bought. which clearly shows that the price has dropped

New price = Rs. 50/100

Old price = Rs. 50/90

Now let us learn a quick way

The person has got = Rs 50

The price reduces by 10 % that means he could save 10% of what he has in his pocket.

He could buy the apples in Rs 45 and can save Rs 5,  but instead of saving, he is buying 10 apples for Rs 5

⇒ Rs. 5  = 10 apples

Rs. 1  = 2 apples which means Rs 50 = 100 apples

The new price of one apple = Rs.0.5

Earlier Rs 50 = 100-10 = 90 apples

The old price per apple = 50/90= Rs. 0.55

So this was another method to deal with such questions.

Question 6.

A container has got 130 liters of water which has 15% salt. From this container some of the water has got evaporated and after evaporation, the salt strength in the container is now 20%. Find out how much water evaporated from the container.
Solution - Let the water evaporated= m liter
percentage question  7
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Ramandeep Singh

Ramandeep Singh - Educator

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

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