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

MOST IMPORTANT quantitative aptitude - 11 EXERCISES

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The following question based on percentage topic of quantitative aptitude

Questions : A reduction of 25% in the price of rice enables a person to buy 10 kg more rice for Rs.600. The reduced per kg price of rice is

(a) Rs.30

(b) Rs.20

(c) Rs.15

(d) Rs.25

The correct answers to the above question in:

Answer: (c)

Let original price of rice per kg = Rs.x (let)

New price of rice per kg = Rs.${3x}/4$

$600/{{3x}/4} - 600/x = 10$

$600(4/{3x} - 1/x) = 10$

$600({4 - 3}/{3x})$ = 10

$600/{3x} = 10 ⇒ x = 600/30 = Rs.20$

New price = ${3x}/4 = {3 × 20}/4$ = Rs.15/kg

Method 2: Simple Approach,

If the price of an article is reduced by a% and buyer gets c kg more for some Rs.b, the new price per kg of article = ${ab}/{100 × c}$

= ${25 × 600}/{100 × 10}$ = Rs.15

Using Rule 31,

Reduced price per kg = ${25 × 600}/{100 × 10}$ = Rs.15

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Read more reducing exceeding prices Based Quantitative Aptitude Questions and Answers

Question : 1

The Government reduced the price of sugar by 10 per cent. By this a consumer can buy 6.2 kg more sugar for Rs.837. The reduced price per kg of sugar is

a) Rs.12.50

b) Rs.13.50

c) Rs.14.00

d) Rs.13.00

Answer: (b)

10 percent of Rs.837

= $10/100 × 837$ = Rs.83.7

Reduced per kg price

= $83.7/6.2$ = Rs.13.50

Using Rule 31,

If the price of an article is reduced by a% and buyer gets c kg more for some Rs. b, the new price per kg of article = ${ab}/{100 × c}$

Reduced price per kg

= ${10 × 837}/{100 × 6.2}$ = Rs.13.50

Question : 2

A reduction of 10% in the price of sugar enables a housewife to buy 6.2 kg more for Rs.1116. The reduced price per kg is

a) Rs.12

b) Rs.16

c) Rs.18

d) Rs.14

Answer: (c)

Reduced price of 6.2kg of sugar

= 10% of Rs.1116 = Rs.111.6

Reduced price per kg

= Rs.$(111.6/6.2)$ = Rs.18

Using Rule 31,

New price = ${10 × 1116}/{100 × 6.2}$

= $1116/62$ = Rs.18

Question : 3

When the price of sugar decreases by 10%, a man could buy 1 kg more for Rs.270. Then the original price of sugar per kg is

a) Rs.25

b) Rs.27

c) Rs.32

d) Rs.30

Answer: (d)

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

New price = Rs.${9x}/10$ /kg

$270/{{9x}/10} - 270/x =1$

$300/x - 270/x = 1 ⇒ 30/x = 1$ ⇒ x = Rs.30 /kg

Using Rule 31,

New price = ${10 × 270}/{100 × 1}$ = Rs.27

Let the original price be Rs. x

$x - {10x}/100 = 27 ⇒ {90x}/100 = 27$

$x = 2700/90$ ⇒ x = 30

∴ Original price = Rs.30 per kg.

Question : 4

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 : 5

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 : 6

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.

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