Percentages MCQ & Objective Questions
Understanding percentages is crucial for students preparing for exams in India. Percentages form a significant part of various subjects, making it essential to grasp the concepts thoroughly. Practicing MCQs and objective questions on percentages not only enhances your knowledge but also boosts your confidence, helping you score better in exams. Engaging with practice questions allows you to identify important questions that frequently appear in assessments.
What You Will Practise Here
Definition and basic concepts of percentages
Conversion of fractions and decimals to percentages
Percentage increase and decrease calculations
Finding the percentage of a number
Applications of percentages in real-life scenarios
Solving word problems involving percentages
Understanding percentage charts and graphs
Exam Relevance
Percentages are a fundamental topic in various examinations, including CBSE, State Boards, NEET, and JEE. Students can expect questions that require quick calculations and conceptual understanding. Common question patterns include direct MCQs, word problems, and application-based questions that assess a student's ability to apply percentage concepts in different contexts. Mastering this topic can significantly enhance your performance in both school and competitive exams.
Common Mistakes Students Make
Confusing percentage increase with percentage decrease
Failing to convert fractions and decimals accurately to percentages
Misinterpreting word problems related to percentages
Overlooking the importance of the base value in percentage calculations
Neglecting to practice percentage-related graphs and charts
FAQs
Question: What are some effective strategies for solving percentage problems quickly?Answer: Practice regularly, learn to convert between fractions, decimals, and percentages, and familiarize yourself with common percentage values.
Question: How can I improve my accuracy in percentage MCQs?Answer: Focus on understanding the concepts rather than memorizing formulas, and practice with a variety of objective questions.
Don't wait any longer! Dive into our collection of Percentages MCQ questions and test your understanding. Regular practice will not only solidify your knowledge but also prepare you for success in your upcoming exams!
Q. A bank offers a 5% increase on a deposit. If the deposit amount is $1,000, what will be the total amount after the increase?
A.
$1,050
B.
$1,100
C.
$1,200
D.
$1,150
Show solution
Solution
Total Amount = Deposit + (5% of Deposit) = 1000 + (0.05 * 1000) = 1000 + 50 = $1,050.
Correct Answer:
A
— $1,050
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Q. A bank offers a 5% increase on a deposit. If the deposit amount is $2,000, what will be the total amount after the increase?
A.
$2,100
B.
$2,200
C.
$2,050
D.
$2,300
Show solution
Solution
Total amount after increase = Deposit + (5% of Deposit) = 2000 + (0.05 * 2000) = 2000 + 100 = $2,100.
Correct Answer:
A
— $2,100
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Q. A bank offers a 5% increase on deposits. If you deposit $1,000, how much will you have after one year?
A.
$1,050
B.
$1,100
C.
$1,200
D.
$1,150
Show solution
Solution
Amount after one year = Deposit + (5% of Deposit) = 1000 + (0.05 * 1000) = 1000 + 50 = $1,050.
Correct Answer:
A
— $1,050
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Q. A bank offers a 5% increase on savings. If you deposit $1,000, how much will you have after one year?
A.
$1,050
B.
$1,100
C.
$1,200
D.
$1,150
Show solution
Solution
Amount after one year = Original Amount + (5% of Original Amount) = 1000 + (0.05 * 1000) = 1000 + 50 = $1,050.
Correct Answer:
A
— $1,050
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Q. A bicycle's price is decreased by 15% and the new price is $85. What was the original price?
A.
$100
B.
$90
C.
$80
D.
$70
Show solution
Solution
Let the original price be x. Then, x - (15% of x) = 85. This means 0.85x = 85, so x = 85 / 0.85 = $100.
Correct Answer:
A
— $100
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Q. A bicycle's price is increased by 15% to $230. What was the original price?
A.
$200
B.
$210
C.
$220
D.
$190
Show solution
Solution
Let the original price be x. Then, x + 0.15x = 230 => 1.15x = 230 => x = 230 / 1.15 = $200.
Correct Answer:
A
— $200
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Q. A book's price is decreased by 10% and the new price is $18. What was the original price?
A.
$20
B.
$22
C.
$19
D.
$21
Show solution
Solution
Let the original price be x. Then, x - 0.1x = 18 => 0.9x = 18 => x = 18 / 0.9 = $20.
Correct Answer:
A
— $20
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Q. A book's price is decreased by 20% and the new price is $24. What was the original price?
A.
$30
B.
$28
C.
$26
D.
$25
Show solution
Solution
Let original price be x. Then, x - 0.2x = 24 => 0.8x = 24 => x = 24 / 0.8 = $30.
Correct Answer:
A
— $30
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Q. A book's price is increased by 10% and then decreased by 10%. If the original price was $100, what is the final price?
A.
$100
B.
$99
C.
$90
D.
$95
Show solution
Solution
New Price after increase = 100 + (10% of 100) = 100 + 10 = $110. Final Price after decrease = 110 - (10% of 110) = 110 - 11 = $99.
Correct Answer:
A
— $100
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Q. A book's price is increased by 15% to $23. What was the original price of the book?
A.
$20
B.
$21
C.
$22
D.
$19
Show solution
Solution
Original Price = New Price / (1 + 0.15) = 23 / 1.15 = $20.
Correct Answer:
A
— $20
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Q. A book's price is increased from $15 to $18. What is the percentage increase in the price?
A.
20%
B.
15%
C.
25%
D.
10%
Show solution
Solution
Percentage Increase = ((New Price - Original Price) / Original Price) * 100 = ((18 - 15) / 15) * 100 = (3 / 15) * 100 = 20%.
Correct Answer:
A
— 20%
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Q. A car's value decreases by 10% each year. If the current value is $20,000, what will be its value after one year?
A.
$18,000
B.
$19,000
C.
$17,500
D.
$16,000
Show solution
Solution
New Value = Current Value - (10% of Current Value) = 20000 - (0.1 * 20000) = 20000 - 2000 = $18,000.
Correct Answer:
A
— $18,000
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Q. A car's value depreciates by 15% each year. If its current value is $20,000, what will its value be after one year?
A.
$17,000
B.
$18,000
C.
$19,000
D.
$16,500
Show solution
Solution
Value after one year = 20000 - (15/100 * 20000) = 20000 - 3000 = 17000.
Correct Answer:
A
— $17,000
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Q. A company's profit decreased by 20% this year. If the profit last year was $500,000, what is the profit this year?
A.
$400,000
B.
$450,000
C.
$480,000
D.
$500,000
Show solution
Solution
Profit this year = Last Year Profit - (20% of Last Year Profit) = 500000 - (0.2 * 500000) = 500000 - 100000 = $400,000.
Correct Answer:
A
— $400,000
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Q. A company's profit increased by 50% this year. If last year's profit was $10,000, what is this year's profit?
A.
$15,000
B.
$12,000
C.
$14,000
D.
$16,000
Show solution
Solution
This Year's Profit = Last Year's Profit + (50% of Last Year's Profit) = 10000 + (0.5 * 10000) = 10000 + 5000 = $15,000.
Correct Answer:
A
— $15,000
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Q. A company's revenue increased from $1,000,000 to $1,200,000. What is the percentage increase in revenue?
A.
20%
B.
15%
C.
25%
D.
30%
Show solution
Solution
Percentage Increase = ((New Revenue - Original Revenue) / Original Revenue) * 100 = ((1200000 - 1000000) / 1000000) * 100 = (200000 / 1000000) * 100 = 20%.
Correct Answer:
A
— 20%
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Q. A discount of 10% is offered on a product priced at $150. What is the sale price after the discount?
A.
$135
B.
$140
C.
$145
D.
$130
Show solution
Solution
Sale Price = Original Price - (10% of Original Price) = 150 - (0.1 * 150) = 150 - 15 = $135.
Correct Answer:
A
— $135
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Q. A factory produces 500 units of a product. If production increases by 25%, how many units will be produced?
A.
600
B.
625
C.
550
D.
500
Show solution
Solution
New Production = Original Production + (25% of Original Production) = 500 + (0.25 * 500) = 500 + 125 = 625.
Correct Answer:
B
— 625
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Q. A factory reduces its production by 25%. If the original production was 800 units, what is the new production?
A.
600
B.
700
C.
500
D.
400
Show solution
Solution
New Production = Original Production - (25% of Original Production) = 800 - (0.25 * 800) = 800 - 200 = 600.
Correct Answer:
A
— 600
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Q. A factory's production decreased by 25% this month. If the production last month was 400 units, what is the production this month?
A.
300
B.
350
C.
320
D.
280
Show solution
Solution
Production this month = Last Month's Production - (25% of Last Month's Production) = 400 - (0.25 * 400) = 400 - 100 = 300.
Correct Answer:
A
— 300
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Q. A factory's production decreases by 20% in a month. If the original production was 500 units, what is the new production?
A.
400
B.
450
C.
350
D.
300
Show solution
Solution
New Production = Original Production - (20% of Original Production) = 500 - (0.2 * 500) = 500 - 100 = 400.
Correct Answer:
A
— 400
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Q. A factory's production decreases by 25% in a month. If the initial production was 800 units, what is the production after the decrease?
A.
600
B.
700
C.
500
D.
400
Show solution
Solution
Production after decrease = Initial Production - (25% of Initial Production) = 800 - (0.25 * 800) = 800 - 200 = 600.
Correct Answer:
A
— 600
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Q. A house's value decreased by 12% over a year. If the current value is $250,000, what was the value a year ago?
A.
$280,000
B.
$275,000
C.
$300,000
D.
$270,000
Show solution
Solution
Value a year ago = Current Value / (1 - 0.12) = 250000 / 0.88 = $284,090.91 (approximately $280,000).
Correct Answer:
A
— $280,000
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Q. A house's value decreases by 12% over a year. If the original value was $300,000, what is the value after the decrease?
A.
$264,000
B.
$270,000
C.
$280,000
D.
$290,000
Show solution
Solution
Value after decrease = Original Value - (12% of Original Value) = 300000 - (0.12 * 300000) = 300000 - 36000 = $264,000.
Correct Answer:
A
— $264,000
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Q. A house's value increases by 12% annually. If its current value is $300,000, what will be its value after one year?
A.
$336,000
B.
$330,000
C.
$300,000
D.
$320,000
Show solution
Solution
Value after one year = Current Value + (12% of Current Value) = 300000 + (0.12 * 300000) = 300000 + 36000 = $336,000.
Correct Answer:
A
— $336,000
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Q. A jacket is marked at $80 and is sold at a 25% discount. What is the sale price?
A.
$60
B.
$70
C.
$75
D.
$65
Show solution
Solution
Sale price = 80 - (25/100 * 80) = 80 - 20 = 60.
Correct Answer:
A
— $60
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Q. A man earns $1200 after a 20% raise. What was his salary before the raise?
A.
$1000
B.
$1100
C.
$900
D.
$1200
Show solution
Solution
Let the original salary be x. Then, x + 0.2x = 1200. So, 1.2x = 1200, x = 1200 / 1.2 = $1000.
Correct Answer:
A
— $1000
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Q. A man earns $5000 a month. If he spends 30% of his income on rent, how much does he spend on rent?
A.
$1200
B.
$1300
C.
$1400
D.
$1500
Show solution
Solution
Rent = 30% of 5000 = 0.3 * 5000 = $1500.
Correct Answer:
A
— $1200
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Q. A person received a salary increase of 15%. If his current salary is $1,200, what will be his new salary?
A.
$1,300
B.
$1,380
C.
$1,400
D.
$1,500
Show solution
Solution
Increase = 15% of 1200 = 0.15 * 1200 = $180. New salary = 1200 + 180 = $1380.
Correct Answer:
B
— $1,380
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Q. A population of a town decreases by 15% in one year. If the initial population was 2000, what is the population after one year?
A.
1700
B.
1800
C.
1900
D.
2000
Show solution
Solution
Population after decrease = Initial Population - (15% of Initial Population) = 2000 - (0.15 * 2000) = 2000 - 300 = 1700.
Correct Answer:
A
— 1700
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