Q1: In a primary school, the parents were asked about the number of hours they spend per day in helping their children to do homework. There were 90 parents who helped for 1/2 hour to hours. The distribution of parents according to the time for which, they said they helped is given in the adjoining figure; 20% helped for more than hours per day; 30% helped for 1/2 hour to hours; 50% did not help at all.
Using this, answer the following:
(i) How many parents were surveyed?
(ii) How many said that they did not help?
(iii) How many said that they helped for more than hours?
Ans:
(i) Since, 30% of total surveyed parents helped their children for "1/2 hours to hours”. And 90
parents helped their children for “ 1/2 hours to hours”.
∴ 30% [surveyed parents] = 90
or 30/100 * [surveyed parents] = 90
or surveyed parents = 90 *100/30
= 3 * 100
= 300
(ii) Since 50% of surveyed parents did not help their children.
∴ Number of parents who did not help = 50% of surveyed parents
= 50% of 300
= 50/100 * 300 = 150
(iii) Since, 20% of the surveyed parents help their children for more than hours.
i.e. 20% of surveyed parents help for more than hours.
∴ Number of parents who helped for more than hours = 20% of 300
= 20/100 * 300
= 20 * 3 = 60
Note: ‘of’ means multiplication.
Q2: Convert the following ratios to percentages.
(a) 3 : 4
(b) 2 : 3
Sol:
(a) 3 : 4 = 3/4 = 3/4 × 100% = 0.75 × 100% = 75%
(b) 2 : 3 = 2/3 = 2/3 × 100% = 0.666 × 100% = 66.66% = 66⅔%
Q3: 72% of 25 students are interested in mathematics. How many are not interested in mathematics?
Sol: It’s given that 72% of 25 students are good in mathematics
So, the percentage of students who are not good in mathematics = (100 – 72)% = 28%
Here, the number of students who are good in mathematics = 72/100 × 25 = 18
Thus, the number of students who are not good in mathematics = 25 – 18 = 7
[Also, 28% of 25 = 28/100 × 25 = 7]
Therefore, 7 students are not good in mathematics.
Q4: A football team won 10 matches out of the total number of matches they played. If their win percentage was 40, then how many matches did they play in all?
Sol: Number of matches won by the team = 10
∵ The team won 40% of total number of match.
∴ 40% of [Total number of match] = 10
or 40/100 * [Total number of match] = 10
Total number of matches = = 25
Thus, the total number of match played = 25
Q5: If Chameli had ₹ 600 left after spending 75% of her money, how much did she have in the beginning?
Sol: ∵ Chameli made spending of Rs 75%.
∴ She is left with Rs (100 – 75)% or Rs 25%.
But she is having Rs 600 now.
∴ 25% of total money = Rs 600
or 25/100 of total money = Rs 600
or Total money = = Rs 600 × 4
= Rs 2400
Thus, she had Rs 2400 in the beginning.
Q6: If 60% people in a city like cricket, 30% like football and the remaining like other games, then what per cent of the people like other games? If the total number of people is 50 lakh, find the exact number who like each type of game.
Sol: ∵ People who like cricket = 60%
People who like football = 30%
∴ People who like other games = [100 – (60 + 30)]%
= [100 – 90]%
= 10%
Now, Total number of people = 50,00,000
∴ No. of people who like Cricket = 60% of 50,00,000 = 60/100 * 5000000
= 6 × 500000
= 30,00,000
No. of people who like Football = 30% of 5000000 = 30/100 * 5000000
= 3 × 500000
= 15,00,000
No. of people who like Other games = 10% of 5000000 = 10/100 * 5000000
= 1 × 500000
= 5,00,000
Thus, number of people who like
Cricket = 30,00,000
Football = 15,00,000
Other games = 5,00,000
Q1: A shop gives 20% discount. What would the sale price of each of these be?
(a) A dress marked at ₹ 120
(b) A pair of shoes marked at ₹ 750
(c) A bag marked at ₹ 250
Ans: (a) Marked price of the dress = Rs 120
Discount rate = 20%
∴ Discount = 20% of Rs 120
= Rs 20/100 × 120
= Rs 2 × 12 = Rs 24
∴ Sale price of the dress = [Marked price] – [Discount]
= Rs 120 – Rs 24
= Rs 96
(b) Marked price of the pair of shoes = Rs 750
Discount rate = 20%
∴ Discount = 20% of Rs 750
= Rs 20/100 × 750
= Rs 2 × 75 = Rs 150
Now,
Sale price of the pair of shoes = [Marked price] – [Discount]
= Rs 750 – Rs 150 = Rs 600
(c) Marked price of the bag = Rs 250
Discount rate = 20%
∴ Discount = 20% of Rs 250
= Rs 20/100 × 250
= Rs 2 × 25 = Rs 50
∴ Sale price of the bag = [Marked price] – [Discount]
= Rs 250 – Rs 50 = Rs 200
Q2: A table marked at ₹ 15,000 is available for ₹ 14,400. Find the discount given and the discount per cent.
Ans: Marked price of the table = ₹ 15000
Sale price of the table = ₹ 14400
∴ Discount = [Marked price] – [Sale price]
= [₹ 15000] – [₹ 14400]
= ₹ 600
Discount per cent = Discount/Marked price × 100
= 600/15000 × 100%
= (2 × 2)%
= 4%
Q3: An almirah is sold at ₹ 5,225 after allowing a discount of 5%. Find its marked price.
Ans: Sale price of the almirah = ₹ 5225
Discount rate = 5%
Since, Discount = 5% of marked price
∴ [Marked price] – Discount = Sale price
or [Marked price] – 5/100 × [Marked price] = Sale price
or Marked price [1 - 5/100] = Sale price
or Marked price 95/100 = Sale price (= ₹ 5225)
or Marked price = ₹ 5225 × 100/95
= ₹ 5500
Q1: Two times a number is a 100% increase in the number. If we take half the number, what would be the decrease in per cent?
Sol: Let the number be x.
∴ Decrease in the number = 1/2 of x
= 1/2 of x = x/2
= 1/2 *100 % = 50%
Q2: By what per cent is ₹ 2,000 less than ₹ 2,400? Is it the same as the per cent by which ₹ 2,400 is more than ₹ 2,000?
Sol: Case I
Here 2000 < 2400.
i.e. 2400 is reduced to 2000.
∴ Decrease = 2400 – 2000 = 400
Thus Decrease % =
Thus, Decrease % =
Case II
2000 is increased to 2400.
∴ Increase = 2400 – 2000 = 400
∴ Decrease % = 400/2000 x 100% = 20%
Thus, Decrease % = 20%
Obviously, they are not the same.
Q1: During a sale, a shop offered a discount of 10% on the marked prices of all the items. What would a customer have to pay for a pair of jeans marked at ₹ 1450 and two shirts marked at ₹ 850 each?
Sol: Total marked price = ₹ (1,450 + 2 × 850)
= ₹ (1,450 +1,700)
= ₹ 3,150
Given that, the discount percentage = 10%
Discount = ₹ (10/100 x 3150) = ₹ 315
Also, Discount = Marked price − Sale price
₹ 315 = ₹ 3150 − Sale price
∴ Sale price = ₹ (3150 − 315)
= ₹ 2835
Therefore, the customer will have to pay ₹ 2,835.
Q2: The price of a TV is ₹ 13,000. The sales tax charged on it is at the rate of 12%. Find the amount that Vinod will have to pay if he buys it.
Sol: On ₹ 100, the tax to be paid = ₹ 12
Here, on ₹ 13000, the tax to be paid will be = 12/100 × 13000
= ₹ 1560
Required amount = Cost + Sales Tax
= ₹ 13000 + ₹ 1560
= ₹ 14560
Therefore, Vinod will have to pay ₹ 14,560 for the TV.
Q3: Arun bought a pair of skates at a sale where the discount given was 20%. If the amount he pays is ₹ 1,600, find the marked price.
Sol: Let the marked price be x
Discount percent = Discount/Marked Price x 100
20 = Discount/x × 100
Discount = 20/100 × x
= x/5
Also,
Discount = Marked price – Sale price
x/5 = x – ₹ 1600
x – x/5 = 1600
4x/5 = 1600
x = 1600 x 5/4
= 2000
Therefore, the marked price was ₹ 2000.
Q4: I purchased a hair-dryer for ₹ 5,400 including 8% VAT. Find the price before VAT was added.
Sol: The price includes VAT
So, 8% VAT means that if the price without VAT is ₹ 100,
Then, the price including VAT will be ₹ 108
When price including VAT is ₹ 108, original price = ₹ 100
When price including VAT is ₹ 5400, original price = ₹ (100/108 × 5400)
= ₹ 5000
Therefore, the price of the hair dryer before the addition of VAT was ₹ 5,000.
Q5: An article was purchased for ₹ 1239 including GST of 18%. Find the price of the article before GST was added?
Sol: Let the Price of the article before including GST be x
Price of article including GST = ₹ 1239
GST(Goods and Service Tax) = 18 % of x = (18 × x) = 0.18 × x
∴ Price of article including GST = Price before GST + GST
⇒ x + (0.18x) = 1239
⇒ 1.18x = 1239
∴ x = 1239/1.18 = ₹ 1050
So, the price of article before GST was added = ₹ 1050.
Q1: The population of a place increased to 54,000 in 2003 at a rate of 5% per annum.
(i) Find the population in 2001.
(ii) What would be its population is 2005?
Sol: Population in 2003 is P = 54000
(i) Let the population in 2001 (i.e. 2 years ago) = P
Since rate of increment in population = 5% p.a.
∴ Present population
or
or
or
= 48980 (approx.)
Thus, the population in 2001 was about 48980.
(ii) Initial population (in 2003), i.e. P = 54000
Rate of increment in population = 5% p.a.
Time = 2 years ⇒n = 2
∴
= 135 * 21 * 21 = 59535.
Thus, the population in 2005 = 59535.
Q2: In a laboratory, the count of bacteria in a certain experiment was increasing at the rate of 2.5% per hour. Find the bacteria at the end of 2 hours if the count was initially 5,06,000.
Sol: Initial count of bacteria (P) = 5,06,000
Increasing rate (R) = 2.5% per hour
Time (T) = 2 hour. ⇒ n = 2
∵
= 531616.25 or 531616 (approx.)
Thus, the count of bacteria after 2 hours will be 531616 (approx.).
Q3: A scooter was bought at ₹ 42,000. Its value depreciated at the rate of 8% per annum. Find its value after one year.
Sol: Initial cost (value) of the scooter (P) = Rs 42000
Depreciation rate = 8% p.a.
Time = 1 year ⇒ n = 1
= ₹ 420 × 92 = ₹ 38640
Thus, the value of the scooter after 1 year will be ₹ 38640.
Q1: Machinery worth Rs 10,500 depreciated by 5%. Find its value after one year.
Sol: Here, P = Rs 10,500, R = –5% p.a., T = 1 year, n = 1
∵ [∵ Depreciation is there, ∴ r = –5%]
∴
= Rs10500 * 19/20
= Rs 525 * 19 = Rs 9975.
Thus, machinery value after 1 year = Rs 9975
Q2: Find the population of a city after 2 years, which is at present 12 lakh, if the rate of increase is 4%
Sol: Present population, P = 12 lakh
Rate of increase, R = 4% p.a.
Time, T = 2 years
∴ Population after 2 years =
Thus, the population of the town will be 12,97,920 after 2 years.
Note: For depreciation, we use the formula as
Q1: Find CI on a sum of Rs 8000 for 2 years at 5% per annum compounded annually. Solution: We have P = Rs 8000, R = 5% p.a., T = 2 years.
Sol:
∵
∴
= Rs (20 * 21 * 21) = Rs 8820
Now, compound interest = A – P
= Rs 8820 – Rs 8000
= Rs 820
Remember
- The time period after which the interest is added each time to form a new principal is called the conversion period.
- If the interest is compounded half yearly, the time period becomes twice and rate becomes half of the annual rate.
- If the interest compounded quarterly, the time period becomes 4 times and rate become one-fourth of the annual rate.
- If the conversion period is not specified, then it is taken as one year and the interest is compounded annually.
Q2: Find the time period and rate for each.
(i) A sum taken for years at 8% per annum is compounded half yearly.
(ii) A sum taken for 2 years at 4% per annum compounded half yearly.
Sol:
(i) We have an interest rate 8% per annum for year.
∴ Time period half years
Rate (R) = 1/2 (8%) = 4% per half year.
(ii) We have interest rate 4% per annum for 2 years.
∴ Time period (n) = 2(2) = 4 half years
Rate (R) = 1/2 (4%)= 2% per half year.
Q3: Find the amount to be paid
Sol: 1. We have: P = Rs 2400, R = 5% p.a., T = 2 years
∵ Interest is compounded annually i.e. n = 2
∴
2. Here, interest compounded quarterly.
∴ R = 8% p.a. = 8/4% i.e. 2% per quarter
T = 1 year = 4 * 1, i.e. 4 quarters or n = 4
Now
Q4: Calculate the amount and compound interest on
(a) Rs 10,800 for 3 years at per annum compounded annually.
(b) Rs 18,000 for years at 10% per annum compounded annually.
(c) Rs 62,500 for years at 8% per annum compounded half yearly.
(d) Rs 8,000 for 1 year at 9% per annum compounded half yearly.
(You could use the year by year calculation using SI formula to verify.)
(e) Rs 10,000 for 1 year at 8% per annum compounded half yearly.
Sol: (a ) Here P = Rs 10800, T = 3 years, R =
We have:
[∵ Interest compounded annually,∴ n = 3]
∴ Amount = Rs 15377.34Rs 15377.34
Now, compound interest = Rs 15377.34 – Rs 10800
= Rs 4577.34
(b) Here P = Rs 18000, T = years, R = 10% p.a.
∵ Interest is compounded annually,
= Rs 22869
∴ Amount = Rs 22869
CI = Rs 22869 – Rs 18000 = Rs 4869
(c) Here P = Rs 62500, T = r = 8% p.a.
Compounding half yearly,
R = 8% p.a. = 4% per half year
T = year → n = 3 half years.
∴ Amount
= Rs 4 * 26 * 26 * 26 = Rs 70304
Amount = RS 70304
CI = Rs 70304 – Rs 62500 = Rs 7804
(d) Here P = Rs 8000, T = 1 year, R = 9% p.a.
Interest is compounded half yearly,
∴ T = 1 year = 2 half years
R = 9% p.a = 9/2% half yearly
∴ Amount =
CI = Rs 8736.20 – Rs 8000 = Rs 736.20
(e) Here P = Rs 10000, T = 1 year
R = 8% p.a. compounded half yearly.
∴ R = 8% p.a. = 4% per half yearly
T = 1 year → n = 2 * 1 = 2
Now, amount
= Rs 16 * 26 * 26 = Rs 10816
CI = Rs 10816 – Rs 10000 = Rs 816
Sol:
Note: Here, we shall calculate the amount for 2 years using the CI formula. Then this amount will become the principal for next 4 months, i.e. 4/12 years.
Here, P = Rs 26400, T = 2 years, R = 15% p.a
Again, P = 34914, T = 4 months = 4/12 years, R = 15% p.a.
∴ Using we have
= Rs 1745.70
Amount = S.I. + P
= Rs (1745.70 + 34914) = Rs 36659.70
Thus, the required amount to be paid to the bank after 2 years 4 month = Rs 36659.70
Q6: Fabina borrows Rs 12,500 at 12% per annum for 3 years at simple interest and Radha borrows the same amount for the same time period at 10% per annum, compounded annually. Who pays more interest and by how much?
Sol:
For Fabina P = Rs 12500 T = 3 years R = 12% p.a. = Rs 125 X 3 X 12 | For Radha P = Rs 12500 T = 3 years R = 10% p.a. (Compounded annually) = Rs 16637.5 ∴ CI = 16637.5 – RS 12500 = 4137.50 |
Difference = Rs 4500 – Rs 4137.50 = Rs 362.50
Thus, Fabina pays Rs 362.50 more.
Q7: I borrowed Rs 12,000 from Jamshed at 6% per annum simple interest for 2 years. Had I borrowed this sum at 6% per annum compound interest, what extra amount would I have to pay?
Sol:
For SI Principal = Rs 12000 Time = 2 years Rate = 6% p.a. | For CI Principal = Rs 12000 Time = 2 years Rate = 6% p.a. |
Thus, excess amount = Rs 1483.20 – Rs 1440
= Rs 43.20.
Q8: Vasudevan invested Rs 60,000 at an interest rate of 12% per annum compounded half yearly. What amount would he get
(i) after 6 months?
(ii) after 1 year?
Sol:
(i) Amount after
6 months
P = Rs 60000
T = 1/2 year , n = 1 [∵ Interest is compounded half yearly.]
R = 12% p.a. = 6% per half year
(ii) Amount after 1 year
P = Rs 60000
T = 1 year; n = 2
R = 12% p.a. = 6% per half year
Thus, amount after 6 months = Rs 63600
and amount after 1 year = Rs 67416
Q9: Arif took a loan of Rs 80,000 from a bank. If the rate of interest is 10% per annum,find the difference in amounts he would be paying
after years if the interest is
(i) Compounded annually
(ii) Compounded half yearly.
Sol: (i) Compounded annually
P = Rs 80000
R = 10% p.a.
Amount for 1st year.
= Rs 440 *10 = Rs 4400
∴ Amount = Rs 88000 + Rs 44000
= Rs 92400
(ii) Compounded half yearly
P = Rs 80000
R = 10% p.a. = 5% per half year
= Rs 10 * 21 * 21 * 21
= Rs 92610
Thus, the difference between the two amounts = Rs 92610 – Rs 92400
= Rs 210
Q10: Maria invested Rs 8,000 in a business. She would be paid interest at 5% per annum compounded annually. Find:
(i) The amount credited against her name at the end of the second year.
(ii) The interest for the 3rd year.
Sol: Principal = Rs 8000
Rate = 5% p.a. compounded annually
(i) Time = 2 years ⇒ n = 2
∴ Amount credited against her name at the end of two years = Rs 8820
(ii) Time = 3 years ⇒ n = 3
∴
= Rs (21 * 21 * 21) = Rs 9261
∵ Interest paid during 3rd year
= [Amount at the end of 3rd year] – [Amount at the end of 2nd year]
= Rs 9261 – Rs 8820 = Rs 441
Sol: Principal = Rs 10,000
Time = %
Rate = 10% p.a.
Case I. Interest on compounded half yearly
We have r = 10 p.a. = 5% per half yearly
∴
∴ Amount = Rs 11576.25
Now CI = Amount – Principal
= Rs 11576.25 – Rs 10,000 = Rs 1576.25
Case II. Interest on compounded annually
We have R = 10% p.a.
Amount for 1 year =
∴ Interest for 1st year = Rs 11000 – Rs 10,000 = Rs 1000
Interest for next 1/2 year on Rs 11000
= Rs 55 * 10 = Rs 550
∴ Total interest = Rs 1000 + Rs 550
= Rs 1550
Since Rs 1576.25 > Rs 1550
∴ Interest would be more in case of it is compounded half yearly.
Q12: Find the amount which Ram will get on Rs 4096, if he gave it for 18 months at per annum, interest being compounded half
yearly.
Sol:
We have P = Rs 4096
T = 18 months
∵ Interest is compounded half yearly.
T = 18 months ⇒ n = 18/6 = 3 six months
Now,
Thus, the required amount = Rs 4913
79 videos|408 docs|31 tests
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1. How can we compare quantities using ratios and percentages? |
2. What is the difference between direct and inverse proportionality? |
3. How can we calculate the percentage increase or decrease in a quantity? |
4. Can we convert ratios into percentages and vice versa? |
5. How can we use the concept of comparing quantities in real-life situations? |
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