State Exam — Quantitative Aptitude — Percentage
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Showing 1–10 of 12 questions in Percentage
Q.1 Hard Percentage
The cost price of an item is ₹400. After giving a discount of 15%, the profit earned is 25%. What was the marked price?
A₹588.24
B₹588.50
C₹589.50
D₹590.25
Correct Answer:  A. ₹588.24
Explanation:
Step 1: Profit = 25% of ₹400 = 0.25 × 400 = ₹100.
Step 2: Selling Price = Cost Price + Profit = 400 + 100 = ₹500.
Step 3: Let Marked Price = M.

After 15% discount: M × (1 - 0.15) = 500, so M × 0.85 = 500, M = 500/0.85 = ₹588.24 (approximately).

Therefore, option A is correct.

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Q.2 Hard Percentage
If the price of rice increases by 25%, by what percentage should consumption be reduced to keep expenditure constant?
A16%
B18%
C20%
D25%
Correct Answer:  C. 20%
Explanation:

New price = 1.25P. For constant expenditure: New consumption = 1/1.25 = 0.8. Reduction = 20%.

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Q.3 Hard Percentage
A man invested ₹50,000 at 10% SI per annum. After how many years will the interest be ₹15,000?
A2 years
B2.5 years
C3 years
D3.5 years
Correct Answer:  C. 3 years
Explanation:

SI = (50,000 × 10 × T)/100. 15,000 = 5000T. T = 3 years.

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Q.4 Hard Percentage
A trader marks goods 80% above cost price. He gives a discount such that his profit is 44%. What is the discount percentage?
A20%
B25%
C30%
D35%
Correct Answer:  A. 20%
Explanation:

CP = 100, MP = 180, SP = 144 (for 44% profit). Discount = 180 - 144 = 36. Discount% = (36/180) × 100 = 20%.

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Q.5 Hard Percentage
If A is 25% more than B and B is 20% less than C, what is the relationship between A and C?
AA is 10% more than C
BA is 5% more than C
CA is equal to C
DA is 5% less than C
Correct Answer:  B. A is 5% more than C
Explanation:

Let C = 100. B = 80. A = 100. Wait: B = 80, A = 1.25 × 80 = 100. So A = C. Hmm, let me recalculate: If B is 20% less than C, B = 0.8C. A is 25% more than B, so A = 1.25B = 1.25 × 0.8C = C. So A = C. But answer says B is correct. Let me verify: A = 1.25B, B = 0.8C. A = 1.25 × 0.8C = C. A/C = 1. So A is 0% more. This doesn't match. The answer should be C.

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Q.6 Hard Percentage
A company's stock price increased by 16% in 2024. If the price at the end of 2024 was ₹465, what was it at the beginning?
A₹400
B₹410
C₹420
D₹425
Correct Answer:  A. ₹400
Explanation:

Initial price × 1.16 = 465. Initial price = 465/1.16 = 400.

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Q.7 Hard Percentage
Two items are sold at ₹900 each. One at 25% profit and another at 25% loss. What is the overall profit/loss?
A₹60 profit
B₹60 loss
C₹120 loss
DNo profit no loss
Correct Answer:  C. ₹120 loss
Explanation:

When two items are sold at the same price but one at profit and another at loss, we use the cost price formula to find the overall profit/loss.

Step 1: Find Cost Price of Item 1 (25% profit)

If selling price is ₹900 at 25% profit, then:

\[SP = CP \times \left(1 + \frac{\text{Profit %}}{100}\right)\]
\[900 = CP_1 \times \left(1 + \frac{25}{100}\right)\]
\[900 = CP_1 \times 1.25\]
\[CP_1 = \frac{900}{1.25} = ₹720\]

Step 2: Find Cost Price of Item 2 (25% loss)

If selling price is ₹900 at 25% loss, then:

\[SP = CP \times \left(1 - \frac{\text{Loss %}}{100}\right)\]
\[900 = CP_2 \times \left(1 - \frac{25}{100}\right)\]
\[900 = CP_2 \times 0.75\]
\[CP_2 = \frac{900}{0.75} = ₹1200\]

Step 3: Calculate Total Cost Price and Total Selling Price

\[\text{Total CP} = CP_1 + CP_2 = 720 + 1200 = ₹1920\]
\[\text{Total SP} = 900 + 900 = ₹1800\]

Step 4: Find Overall Profit/Loss

\[\text{Loss} = \text{Total CP} - \text{Total SP} = 1920 - 1800 = ₹120\]

Selling price (SP) of each item = ₹900

First item: 25% profit

CP

1

=

125

900×100

=₹720

Second item: 25% loss

CP

2

=

75

900×100

=₹1200

Total Cost Price

720+1200=₹1920

Total Selling Price

900+900=₹1800

Loss

1920−1800=₹120

Loss Percentage

1920

120

×100=6.25%

Therefore, the overall result is a loss of 6.25%.

Answer: Overall loss is ₹120 (Option C) ₹120 loss

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Q.8 Hard Percentage
If A's income is 20% more than B's and B's income is 10% more than C's, by what percentage is A's income more than C's?
A30%
B32%
C33%
D35%
Correct Answer:  B. 32%
Explanation:

Let C = 100. B = 110. A = 1.2 × 110 = 132. A is 32% more than C.

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Q.9 Hard Percentage
A merchant sells two items at ₹1,200 each. On one he gains 20% and on the other he loses 20%. What is his overall profit or loss percentage?
A4% profit
B4% loss
CNo profit no loss
D5% loss
Correct Answer:  B. 4% loss
Explanation:

For 20% gain at ₹1,200: CP = 1,200/1.20 = ₹1,000. For 20% loss at ₹1,200: CP = 1,200/0.80 = ₹1,500. Total CP = ₹2,500, Total SP = ₹2,400. Loss = ₹100. Loss% = (100/2,500) × 100 = 4%

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Q.10 Hard Percentage
The value of a car depreciates by 15% annually. If its current value is ₹8,00,000, what will be its value after 2 years?
A₹5,78,000
B₹6,12,000
C₹5,81,000
D₹6,00,000
Correct Answer:  A. ₹5,78,000
Explanation:

# Depreciation Problem — Compound Decay

When a value depreciates by a fixed percentage annually, we use the compound depreciation formula: \(V_n = V_0(1 - r)^n\), where \(V_0\) is the initial value, \(r\) is the depreciation rate, and \(n\) is the number of years.

Step 1: Identify the given values

Initial value: \(V_0 = ₹8,00,000\)

Annual depreciation rate: \(r = 15\% = 0.15\)

Time period: \(n = 2\) years

Step 2: Set up the depreciation formula

After each year, the car retains \((1 - 0.15) = 0.85\) of its previous value.

\[V_n = V_0(0.85)^n\]

Step 3: Substitute values

\[V_2 = 8,00,000 \times (0.85)^2\]

Step 4: Calculate step-by-step

First, find \((0.85)^2\):

\[(0.85)^2 = 0.7225\]

Then multiply by the initial value:

\[V_2 = 8,00,000 \times 0.7225 = 5,78,000\]

Answer: The car's value after 2 years will be ₹5,78,000 (Option A)

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