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% = x/100.
Thus, 20% =20/100 =1/5; 48% =48/100 =12/25, etc.
To express a/b as a percent : We have, a/b =((a/b)*100)%.
Thus, ¼ =[(1/4)*100] = 25%; 0.6 =6/10 =3/5 =[(3/5)*100]% =60%.
2. If the price of a commodity increases by R%, then the reduction in consumption so as not to increase the expenditure is
If the price of the commodity decreases by R%,then the increase in consumption so as to decrease the expenditure is
3. 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 = P [1+(R/100)]^n.
2. Population n years ago = P /[1+(R/100)]^n.
4. 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 = P[1-(R/100)]n.
2. Value of the machine n years ago = P/[1-(R/100)]n.
5. If A is R% more than B, then B is less than A by
If A is R% less than B , then B is more than A by
6. Decimal to Fraction Percentage: Remember this table for faster Calculation. Specially in Data Interpretation where percentage is one of the major part.By remembering these fraction you can do calculation fast.