This EduRev document offers 10 Multiple Choice Questions (MCQs) from the topic Percentage (Level - 3). These questions are of Level - 3 difficulty and will assist you in the preparation of CAT & other MBA exams. You can practice/attempt these CAT Multiple Choice Questions (MCQs) and check the explanations for a better understanding of the topic.
Question for Practice Questions Level 3: Percentage
Try yourself:If a quantity A is successively increased by 20% for two times and another quantity B is successively increased by 10% for three times, then quantity A becomes 80% of quantity B. What percentage is the original value of quantity A as compared to the original value of quantity B?
Explanation
Option (4) is correct.
Let quantity A be x.
Two successive increase of 20% on x gives us 1.44x.
Let quantity B be y.
Three successive increase of 10% on y gives 1.331y.
Now, 80% of 1.331y = 1.44x
x = 0.739y
That is, x is 74% of y.
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Question for Practice Questions Level 3: Percentage
Try yourself:In an election, 3/5th of the voters promised to vote for X and the rest promised to vote for Y. Out of these, on the last day, 15% of the voters of X went back on their promise to vote for X and instead voted for Y. 25% of the voters of Y went back on their promise to vote for Y and voted for X instead. X won by 22 votes. The total number of votes for X is
Explanation
Initially, vote share of X = 60%
Vote share of Y = 40%
According to the question, 15% of the vote share of X is added in vote share of Y; and 25% of the vote share of Y is added to the vote share of X.
Last day, total vote share:
Vote share of X = 60% - 9% + 10% = 61%
Vote share of Y = 40% - 10% + 9% = 39%
i.e X won by 22% by Y.
22% is equal to 22. (Given)
So, total number of votes is 100.
Vote share of X is 61%, i.e. 61 votes for X.
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Question for Practice Questions Level 3: Percentage
Try yourself:If the price of ice cream increases by a quarter and Vaibhav intends to spend only an additional fifteen percent on it, by how much percentage will he reduce the quantity of ice cream purchased?
Explanation
Let the price of 1 litre of ice cream be Rs. x and let Vaibhav initially buy 'y' litres of ice cream. Therefore, he would have spent Rs. xy on ice cream.
When the price of ice cream increases by 25%, the new price per litre of ice cream is 1.25x.
Vaibhav intends to increase the amount he spends on ice cream by 15%.
That is, he is willing to spend xy + 15% of xy = 1.15xy.
Let the new quantity of ice cream that he can get be 'q'.
Then, 1.25x × q = 1.15xy
As the new quantity that he can buy is 0.92y,
He gets 0.08y lesser than what he used to get earlier.
Or, a reduction of 8%.
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Question for Practice Questions Level 3: Percentage
Try yourself:A company has raised seventy-five percent of the amount it needs for a new project by receiving an average amount of Rs. 600 from persons already associated. The already associated people represent 60% of the people from which the company will ask for the money. If the company needs exactly the same amount it needs for the project, then what is the average money it will get from the remaining people?
Explanation
Let x be the total number of people that will be asked for money.
Number of people already associated with the company = 0.6x
Number of remaining people = 0.4x
Total amount already collected = 0.6x × 600 = 360x
This amount represents 75% of total needed.
Company needs to raise 25% of total needed.
75% of total = 360x
So, the company needs to collect 120x from remaining 0.4x people to be solicited.
Average per person = 120x/0.4x = 300
So, average money collected from remaining people should be Rs. 300.
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Question for Practice Questions Level 3: Percentage
Try yourself:In a group of p friends, x% have both credit cards and mobile phones. Out of p, y% of the males and z% of the females have both credit cards and mobile phones. Find the number of males in the group in terms of p, x, y and z.
Explanation
Total number of mobile phones and credit card holders = x% of p
Let the number of males be m.
So, the number of females = p - m
Thus, the number of mobile phones and credit cards held by males = y% of m
The number of mobile phones and credit cards held by females = z% of (p - m)
Thus, x% of p = y% of m + z% of (p - m)
Hence, m = p(x - z)/(y - z)
Thus, option (3) is the answer.
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Question for Practice Questions Level 3: Percentage
Try yourself:Two candidates were contesting for the post of Rotary Club chairman. In the first round of voting, 550 members participated. In the second round, again 550 members participated. However, the number of members opposed to the first candidate increased by 150% and the combined votes of the first candidate (for both the rounds) exceeded that of the second by 400. How many members opposed the first candidate in the first round? No votes were invalid.
Explanation
Let in the 1st round, 'a' members voted for the 2nd candidate.
Thus, in the 1st round, members who voted for the 1st candidate = 550 - a
In the 2nd round, number of member who voted for the 2nd candidate = 2.5a
So, number of members who voted for the 1st candidate = 550 - 2.5a
Now, combined votes of both the rounds for the 1st candidate = 550 - a + 550 - 2.5a = 1100 - 3.5a
Combined votes of both the rounds for the 2nd candidate = a + 2.5a = 3.5a
Now, according to the question, 1100 - 3.5a - 3.5a = 400
Or, a = 100
Thus, 100 members opposed the 1st candidate in the 1st round.
Hence, answer option 4 is correct.
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Question for Practice Questions Level 3: Percentage
Try yourself:In an exhibition, 60% of the collection is from the sales of cold drinks and rest is from the sales of water bottles. Had 30 more cold drinks been sold, their contribution would have been 80%. If the number of water bottles sold is 1/3rd of the number of cold drinks sold, find the total number of cold drinks sold.
Explanation
Let the number of cold drinks sold be '3x',
Then, number of water bottles sold = 1/3 of 3x = x
Let the price of each bottle of cold drink be 'c' and that of each water bottle be 'w'.
Total collection from the sales of cold drinks and water bottles = (3cx + wx)
60% of the collection is from sale of cold drinks (given).
This implies, 10cx = 6cx + 2wx
Therefore, 4cx = 2wx
This implies, w = 2c
Had 30 more cold drinks been sold, its contribution would have been 80%.
This gives, 15cx + 150c = 12cx + 120c + 4wx
This implies, 15cx + 150c = 12cx + 120c + 4(2c)x
Hence, 5cx = 30c
This implies, x = 6
∴ Number of cold drinks sold = 3x = 3(6) = 18
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Question for Practice Questions Level 3: Percentage
Try yourself:Padma purchased a box of chocolates. She ate 20% of them and gave 25% of the remaining chocolates to her friends. Again, she ate 20% of it and gave 25% of the remaining chocolates to her friends. Then, she gave 8 chocolates to a guest. Finally, she is left with 35% of the chocolates that she initially had. How many chocolates did Padma eat?
Explanation
Assume that the box contains x number of chocolates.
Remaining = 0.36x
Given:
0.36x - 8 = 0.35x
x = 800
She had 800 chocolates.
She ate 0.2x + 0.12x = 0.32x = 256 chocolates.
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Question for Practice Questions Level 3: Percentage
Try yourself:In a container having milk, 20% milk is replaced by water and this process is repeated thrice. At the end of the third operation, the percentage of pure milk in the container is
Explanation
Let the total milk be 100ℓ.
After first operation, amount of pure milk = 100 - 20 = 80ℓ
After second operation, total solution = 100ℓ
(80ℓ milk + 20ℓ water)
Amount of milk taken out
Amount of pure milk left = 80 - 16 = 64ℓ
After third operation, total solution = 100ℓ(∵ of 64ℓ + 36ℓ)
Amount of milk taken out
Amount of remaining pure milk = 64 - 12.8 = 51.2ℓ
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Question for Practice Questions Level 3: Percentage
Try yourself:A motorist uses 24% of his fuel in covering the first 20% of his total journey (in city driving conditions). He has to cover another 25% of his total journey in city driving conditions. What should be the minimum percentage increase in fuel efficiency for non-city driving over that in city driving, so that he is just able to cover his entire journey without having to refuel?
Explanation
He uses 24% fuel in covering 20% of the journey.
For next 25% of journey, he will consume 30% fuel.
So, for 45% of the journey in city driving conditions, 54% of the fuel is consumed.
Fuel efficiency = 45/54 = 5/6
Hence, for the remaining 55% journey, 46% fuel is left.
After increment, fuel efficiency = 55/46
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