model 3 reducing & exceeding prices Section-Wise Topic Notes With Detailed Explanation And Example Questions
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The following question based on percentage topic of quantitative aptitude
(a) 16
(b) 20
(c) 21
(d) 18
The correct answers to the above question in:
Answer: (a)
Original price of wheat = Rs.x /kg.
New price of wheat = Rs.${4x}/5 /kg$
$320/{{4x}/5} - 320/x = 5$
$320(5/{4x} - 1/x) = 5$
$320({5 - 4}/{4x}) = 5$
$320/{4x} = 5 ⇒ x = 320/{4 × 5} = Rs.16$
Using Rule 31,
New price = ${20 × 320}/{100 × 5}$
= $1280/100$ = Rs.12.8
Let the original price be Rs.x per kg.
$x - {20x}/100 = 12.8$
80x = 12.8 × 100
$x = 1280/80 ⇒ x = 16$ per kg.
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Read more reducing exceeding prices Based Quantitative Aptitude Questions and Answers
Question : 1
Due to an increase of 20% in the price of eggs, 2 eggs less are available for Rs.24. The present rate of eggs per dozen is :
a) Rs.25.00
b) Rs.27.80
c) Rs.28.80
d) Rs.26.20
Answer »Answer: (c)
Original rate = Rs.x per egg
New rate = Rs.${6x}/5$ per egg
$24/x - {24 × 5}/{6x} = 2$
$24/x - 20/x = 2$
$4/x = 2 ⇒ x = 2$
New rate = Rs.$12/5$ per egg.
Rate per dozen of eggs
= Rs.$(12/5 × 12)$ = Rs.28.80
Using Rule 31,
New price/present price
= ${20 × 24}/{100 × {2/12}}$ = Rs.28.80
Question : 2
A reduction in the price of apples enables a person to purchase 3 apples for Rs.1 instead of Rs.1.25. What is the % of reduction in price (approximately) ?
a) 20%
b) 30%
c) 33$1/3$%
d) 25%
Answer »Answer: (a)
Using Rule 1,
If x is reduced to x0 , then, Reduce % = ${x – x_0}/x × 100$
Percentage decrease = $0.25/1.25 × 100 = 20%$
Question : 3
A reduction of 21% in the price of an item enables a person to buy 3 kg more for Rs.100. The reduced price of item per kg is
a) Rs.5.50
b) Rs.10.50
c) Rs.7.00
d) Rs.7.50
Answer »Answer: (c)
Original price of article = Rs.x per kg.
New price = Rs.${79x}/100$ per kg
$100/{{79x}/100} - 100/x = 3$
$10000/{79x} - 100/x = 3$
${10000 - 7900}/{79x} = 3$
$2100/{79x} = 3$
$700/{79x} = 1$
$79x = 700 ⇒ x = 700/79$
New price
= ${79x}/100 = 79/100 × 700/79$ = Rs.7 per kg
Using Rule 31,
Reduced price per kg. = ${21 × 100}/{100 × 3}$ = Rs.7
Question : 4
Due to an increase of 50% in the price of eggs, 4 eggs less are available for Rs.24. The present rate of eggs per dozen is :
a) Rs.24
b) Rs.36
c) Rs.42
d) Rs.27
Answer »Answer: (b)
The original price of 1 egg = Rs.x
Present price = Rs.$3/2x$
$24/x - 24/{{3x}/2} = 4$
$24/x(1 - 2/3) = 4$
$8/x = 4 ⇒ x = 2$
Present price of eggs per dozen
= $12 × 3/2 × 2 = Rs.36$
Using Rule 31,
New price = ${50 × 24}/{100 × {4/12}}$ = Rs.36
Question : 5
The price of an article is decreased by 10%. To restore it to its former value, the new price must be increased by :
a) 9$1/11$%
b) 11%
c) 11$1/9$%
d) 10%
Answer »Answer: (c)
Required percent
= $\text"Decrease%"/{100 - \text"Decrease%"}$ × 100
= $10/{100 - 10} × 100 = 100/9 = 11{1}/9%$
Question : 6
If the price of sugar increases by 20%, one can buy 2 kg less for Rs. 50. What is the amount of sugar that could be bought before price hike?
a) 10 kg.
b) 14 kg.
c) 16 kg.
d) 12 kg.
Answer »Answer: (d)
Let original price of sugar be Rs. x per kg.
New price= Rs.$({120x}/100) =Rs.({6x}/5)$per kg.
According to the question,
$50/x - 50/{{6x}/5} = 2$
$50/x - {50 × 5}/{6x} = 2$
$50/x - 125/{3x} = 2$
${150 – 125}/{3x} = 2$
$6x = 25 ⇒ x = Rs.25/6$ kg.
Required quantity of sugar = $50/x$
= $50/{25/6} = {50 × 6}/25 = 12$kg.
GET percentage PRACTICE TEST EXERCISES
model 1 simple percentage questions
model 2 net increase or decrease in %
model 3 reducing & exceeding prices
model 4 x & y comparison
model 5 income & expenditure
model 6 consumption & remaining
model 7 marks scored in examinations
Model 8 population based
model 9 voters & election
model 10 percentage with allegations & mixture
model 11 percentage with ratios
percentage Shortcuts and Techniques with Examples
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model 1 simple percentage questions
Defination & Shortcuts … -
model 2 net increase or decrease in %
Defination & Shortcuts … -
model 3 reducing & exceeding prices
Defination & Shortcuts … -
model 4 x & y comparison
Defination & Shortcuts … -
model 5 income & expenditure
Defination & Shortcuts … -
model 6 consumption & remaining
Defination & Shortcuts … -
model 7 marks scored in examinations
Defination & Shortcuts … -
Model 8 population based
Defination & Shortcuts … -
model 9 voters & election
Defination & Shortcuts … -
model 10 percentage with allegations & mixture
Defination & Shortcuts … -
model 11 percentage with ratios
Defination & Shortcuts …
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