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Sample Previous Year Questions: Percentages | Quantitative for GMAT PDF Download

Sharpen your Percentage skills with this curated set of Sample Previous Year problems. Each question mirrors the official exam’s style and is accompanied by a clear, step-by-step solution.

Sample Previous Year Questions: Percentages | Quantitative for GMATQ1. A piece of machinery depreciates by 12% in Year 1, appreciates by 8% in Year 2, and depreciates by 5% in Year 3. If its initial book value was $ 50 000, what is its value at the end of Year 3?
A. 44,000
B. 47,520
C. 45,144
D. 42,520
E. 46,180
Ans: Option C

Explanation:

Sample Previous Year Questions: Percentages | Quantitative for GMAT

Q2: An employee’s base salary is Rs 80,000. He receives a 7% bonus on base, then a 4% raise on the sum. What is his new total compensation?
A. Rs 89,228
B. Rs 88,780
C. Rs 89,024
D. Rs 85,024
E. Rs 88,600

Ans: Option C

Explanation:

Sample Previous Year Questions: Percentages | Quantitative for GMAT

Q3. A retailer buys an item at Rs 240 and sells it to customers at a 25% markup. Due to competition, she reduces her selling price by 12%. What is her final profit percentage on cost?
A. 8%
B. 19%
C. 12%
D. 10%
E. 18%

Ans: Option D

Explanation:

Sample Previous Year Questions: Percentages | Quantitative for GMAT

Q4. A jacket is first discounted by 25% and then marked up by 20% on the reduced price. What is the net percentage change from its original price?
A. 5% decrease
B. 10% increase
C. 15% decrease
D. 20% increase
E. 10% decrease

Ans: Option E

Explanation:

Sample Previous Year Questions: Percentages | Quantitative for GMAT

Q5. The difference between a number increased by 40% and the same number decreased by 30% is 50. What is the original number?
A. 50.33
B. 60.83
C. 71.43
D. 75.45
E. 80.78

Ans: Option C

Explanation:

Sample Previous Year Questions: Percentages | Quantitative for GMAT

Q6. The profit margin increased from 20% to 25%, and the revenue remained constant at Rs 200,000. By what amount did the profit increase?
A. ₹5,000
B. ₹10,000
C. ₹15,000
D. ₹20,000
E. ₹25,000

Ans: Option B

Explanation:Sample Previous Year Questions: Percentages | Quantitative for GMAT

Q7. A number is first reduced by 40% and then increased by 75%. If the final value is 105, what was the original number?
A. 100
B. 190
C. 120
D. 140
E. 150

Ans: Option A

Explanation
Sample Previous Year Questions: Percentages | Quantitative for GMAT

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FAQs on Sample Previous Year Questions: Percentages - Quantitative for GMAT

1. What are the key concepts of percentages that I need to know for the GMAT?
Ans. For the GMAT, it's essential to understand the basic concepts of percentages, including how to calculate percentage increases and decreases, converting between percentages, fractions, and decimals, and solving problems involving percentage points. Familiarity with these concepts will aid in interpreting and solving quantitative problems effectively.
2. How do I approach percentage problems on the GMAT?
Ans. When approaching percentage problems on the GMAT, start by clearly identifying what the question is asking. Break down the problem into smaller parts, use formulas where applicable, and consider using estimation for complex calculations. Always check whether the answer options are reasonable based on the information provided.
3. Are there common traps to avoid in percentage questions on the GMAT?
Ans. Yes, there are common traps in GMAT percentage questions, such as confusing percentage increase with percentage decrease, misinterpreting the base value for calculations, and overlooking the difference between a percentage and a percentage point. Always read the question carefully to avoid these pitfalls.
4. Can percentages be used in data interpretation questions on the GMAT?
Ans. Absolutely! Percentages frequently appear in data interpretation questions on the GMAT, often presented in graphs, charts, or tables. It's crucial to be comfortable calculating percentages from the data provided and understanding how changes in percentages affect the overall data set.
5. How can I practice percentage questions effectively for the GMAT?
Ans. To practice percentage questions effectively for the GMAT, utilize official GMAT practice materials, online resources, and question banks that focus specifically on quantitative reasoning. Additionally, consider timing yourself while practicing to improve speed and accuracy, and review explanations for both correct and incorrect answers to learn from mistakes.
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