model 3 reducing & exceeding prices Section-Wise Topic Notes With Detailed Explanation And Example Questions

MOST IMPORTANT quantitative aptitude - 11 EXERCISES

Top 10,000+ Aptitude Memory Based Exercises

The following question based on percentage topic of quantitative aptitude

Questions : A reduction of 20% in the price of sugar enables a purchaser to obtain 8 kg more for Rs.160. Then the price per kg before reduction was

(a) Rs.5

(b) Rs.10

(c) Rs.4

(d) Rs.6

The correct answers to the above question in:

Answer: (a)

Let the original price of sugar be Rs. x per kg.

Reduced price = Rs. ${80x}/100 = Rs.{4x}/5$ per kg.

According to the question,

$160/{{4x}/5} - 160/x$ = 8

${40 × 5}/x - 160/x = 8$

$200/x - 160/x = 8$

$40/x = 8 ⇒ 8x = 40 ⇒ x = 40/8 = 5$ per kg.

Reduced Price = ${4x}/5 = {4 × 5}/5$ = Rs. 4 per kg

Using Rule 31,

Reduced price per kg. = ${21 × 160}/{100 × 8}$ = Rs. 4

Practice percentage (model 3 reducing & exceeding prices) Online Quiz

Discuss Form

Valid first name is required.
Please enter a valid email address.
Your genuine comment will be useful for all users! Each and every comment will be uploaded to the question after approval.

Read more reducing exceeding prices Based Quantitative Aptitude Questions and Answers

Question : 1

The price of an item was increased by 10%. This reduced the monthly total sales by 20%. The overall effect on the value of monthly sales is a

a) 10% increase

b) 12% increase

c) 12% decrease

d) 10% decrease

Answer: (c)

Required percentage change

= $(10 - 20 + {10 × (-20)}/100)$%

= –12% Negative sign shows decrease.

Using Rule 4,

If a number is increased by a% and then it is decreased by b%, then resultant change in percentage will be $(a - b - {ab}/100)$% (Negative for decrease, Positive for increase)

Required percentage = $(10 - 20 - {10 × 20}/100)$

= (–10 – 2) = 12% decrease.

Question : 2

The salary of a person is reduced by 20%. To restore the previous salary, his present salary is to be increased by

a) 20%

b) 17.5%

c) 22.5%

d) 25%

Answer: (d)

Required percentage increase = $x/{100 - x} × 100$

= $(20/{100 - 20}) × 100 = 20/80 × 100 = 25%$

Question : 3

Due to a price hike of 20%, 4 kg. less sugar is available for Rs. 120. What is the initial price per kg of sugar ?

a) Rs.5 per kg.

b) Rs.6 per kg.

c) Rs.5.5 per kg.

d) Rs.4 per kg.

Answer: (a)

Original price of sugar = Rs. x/kg. (let)

New price = Rs.${120x}/100$ per kg.

= Rs.${6x}/5$ per kg.

According to the question,

$120/x - 120/{{6x}/5} = 4$

$120/x - {120 × 5}/{6x}$ = 4

$120/x - 100/x$ = 4

$30/x - 25/x$ = 1

$5/x$ = 1 ⇒ x = Rs.5 per kg.

Question : 4

A number, on subtracting 15 from it, reduces to its 80%. What is 40% of the number?

a) 75

b) 30

c) 90

d) 60

Answer: (b)

If the number be x, then

x – 15 = ${4x}/5$

5x – 75 = 4x ⇒ x = 75

40% of 75 = ${75 × 40}/100 = 30$

Recently Added Subject & Categories For All Competitive Exams

New 150+ Percentage Questions For IBPS Clerk Prelims 2024

Free Top Percentage Quants Aptitude based Multiple Choice Questions and Answers Practice Test Series, Quiz PDF & Mock Test for IBPS Clerk Prelims 2024 Exam

04-May-2024 by Careericons

Continue Reading »

Classification Reasoning MCQ For IBPS Clerk Prelims 2024

Most Important 100+ Classification based Verbal Reasoning Ability Multiple choice questions and answers PDF, Free New Mock tests For IBPS Clerk Prelims 2024

03-May-2024 by Careericons

Continue Reading »

Ratio and Proportion Questions with Solutions, IBPS Clerk

New Ratio and Proportion Quants Aptitude based Multiple Choice Questions and Answers Practice Test Series, Quiz & Mock Test for IBPS Clerk Prelims 2024 Exam

02-May-2024 by Careericons

Continue Reading »

Top Analogy Reasoning Ability For IBPS Clerk Prelims 2024

Most Important Analogy based Verbal Reasoning Multiple choice questions and answers practice quiz series PDF, Free New Mock tests For IBPS Clerk Prelims 2024

01-May-2024 by Careericons

Continue Reading »