Aptitude :: Percentage

Concept of Percentage:

By a certain percent, we mean that many hundredths.

Thus, x percent means x hundredths, written as x%.

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

Thus,	1	=		1	x 100	%	= 25%.
	4			4

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	x 100	%
	(100 + R)

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

	R	x 100	%
	(100 - R)

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 +	R		n
			100

2. Population n years ago =	P
	1 + R n 100

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 -	R		n
			100

2. Value of the machine n years ago =	P
	1 - R n 100

3. If A is R% more than B, then B is less than A by		R	x 100	%.
		(100 + R)

4. If A is R% less than B, then B is more than A by		R	x 100	%.
		(100 - R)