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Problems On Percentages - BMS QM

Business Maths - B.Com - 3rd sem - Bangalore University

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Lavin Bhawnani
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32 views6 pages

Problems On Percentages - BMS QM

Business Maths - B.Com - 3rd sem - Bangalore University

Uploaded by

Lavin Bhawnani
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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PROBLEMS ON PERCENTAGES

1. Calculate 25% of 90.


Solution:
25% = 25/100
90 x 25/100 = 22.5
Conclusion – Hence 25% of 90 is 22.5

2. 15% of 300 oranges are bad. How many oranges are bad?
Solution:
15% = 15/100
300 x 15/100 = 45

3. A whiteboard is reduced 20% in price in a sale. The old price was 150. Find the new
price.
Solution:
Old Price = 150
Discount on Sale = 20%
New Price = ?
20% = 20/100

Old Price - Discount on Sale = New Price


150 – (20% of 150) = New Price
150 – (20/100 x 150) = New Price
150 – 30 = New Price
New Price = 120

4. An article is purchased for Rs.1750 and sold for Rs.1985. Find the gain Percent.
Solution :
Gain = SP – CP
= 1985 – 1750
= 235

Gain in % = 235 / 1750 x 100


= 13.43%

5. A man bought 40 toys for Rs.800 and sold 35 of them at Rs.950. Find the gain or
loss percentage.
Solution: Toys Rs

Cost of 40 toys = Rs.800 40 800

Cost of 35 toys = Rs.700 35 ?

OR 35 x 800 = 700

40
Cost of 40 toys = Rs.800
Cost of 1 toy = Rs.20
Toys Rs
Cost of 35 toys = 35 toys x Rs.20 each = Rs.700
40 800

1 ?
Selling Price for 35 toys = Rs.950
1 x 800 = 20
Gain = SP – CP
40
= 950 – 700
= 250

Gain in % = 250 / 700 x 100


= 35.7 %

PROBLEMS ON SIMPLE INTEREST


Formula
SI = PRN
100

P = Principal Amount
R = Rate of Interest
N = Number of Years

Amount = Principal + Simple Interest

Types of Problems
1. Finding Simple Interest
2. Finding Principal Amount
3. Finding Rate of Interest
4. Finding the Number of Years
Type 1 Finding Simple Interest
1. Find Simple Interest if Rs 1,20,000 is invested for 3 years at rate of 12% per annum.
Solution:
P = 1,20,000
R = 12% = 12/100
N=3

SI = PRN
100

SI = 1,20,000 X 12 X 3
100

SI = 43,200

Type 2 - Finding Principal Amount

1. Find the amount of investment if the interest received after 4 years is 44,000 at the
interest rate of 11%.
Solution:
SI = Rs.44,000
R = 11%
N = 4 years
P=?

SI = PRN
100

44,000 = P X 11 X 4
100

44,000 x 100 = P x 44

44,00,000 = P x 44

44,00,000 / 44 = P
P = 1,00,000
Type 3 – Finding Rate of Interest

1. At what rate of SI will Rs. 400 amounts to Rs. 440 in 9 months


Solution:
P = 400
SI = 440-400 = 40
N = 9 months
R=?
SI = PRN
100

40 = 400 x R X 9
100 x 12

40 = 3600 x R
1200

40 x 1200 = 3600 x R

48000 /3600 = R

R = 13.33 %

Type 4 – Finding the Period


1. If the principal amount of Rs.4,00,000 is invested at the interest rate of 15% and it
amounts to Rs.4,90,000. Then find the period for which it has been invested.
Solution:
P = 4,00,000
SI = 90,000
R = 15%
N=?
SI = PRN
100

90,000 = 400000 x 15 X N
100

90000 x 100 = 60,00,000 x N


90,00,000 = 60,00,000 x N
90,00,000 / 60,00,000 = N
N = 1.5 years OR N = 1 year and 6 months
AVERAGES
Formula
Average = Total of Given Data
No. of given Data

1. Find average of first 5 prime numbers.

Solutions:

Prime Numbers = 2,3,5,7,11,13,17,19,23,29,31,37,41,47A…….

Average = Total of Given Data


No. of given Data

Average = 2 + 3 + 5 + 7 + 11
5

Average = 28
5

Average = 5.6

2. Average age of a class of 24 students is 15 years. If age of teacher is included then average
increases by 1 year. What is the age of the teacher?

Solution:

No of given Data = 24 students


Average = 15 years
Total of Given Data = ?

Average = Total of Given Data


No. of given Data

15 = Total of Given Data


24

15 x 24 = Total of Given Data

360 = Total of Given Data


______________________________________________

No of given Data = 24 students + 1 Teacher = 25 People


Average = 16 years
Total of Given Data = ?

Average = Total of Given Data


No. of given Data

16 = Total of Given Data


25
16 x 25 = Total of Given data

400 = Total of given data


-----------------------------------------------------------------------------

Age of Teacher = Total of given data of 25 people – Total of given data of 24 students
= 400 – 360
= 40 years

3. In a class of 50 students, 12 students obtained average of 85 marks out of 100.


20 students got average of 80 marks. 10 of them got average of 75, while 8 of them got
average of 70 marks. What is the average of all the students?
Solution:

Total Students = 50

12 students got average of 85 marks = 12 x 85 = 1020

20 students got average of 80 marks = 20 x 80 = 1600

10 students got average of 75 marks = 10 x 75 = 750

08 students got average of 70 marks = 08 x 70 = 560


-------------------------------------------------------------------------
Total marks of 50 students = 3930
-------------------------------------------------------------------------

Average of All Students = Total marks of all students / Total No. of students

= 3930 /50

= 78.6 marks

4. Find the average of first 16 natural numbers.

Solution:
Average = 1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 +10 +11 +12 +13 +14+ 15 + 16
16

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