Example 1
The price of an article is first increased by 10% and then decreased by 30%. What is the net percentage change in its price?
Answer: B) 23% decrease
Net change = 10 − 30 − (10 × 30)/100 = -23%, i.e. a 23% decrease.
Percentage means "per hundred". Percentage questions ask for a part of a number, a percentage change, or the net effect of successive changes.
The price of an article is first increased by 10% and then decreased by 30%. What is the net percentage change in its price?
Answer: B) 23% decrease
Net change = 10 − 30 − (10 × 30)/100 = -23%, i.e. a 23% decrease.
What is 5% of 1,880?
Answer: A) 94
5% of 1,880 = 5 × 1,880 / 100 = 94.
The price of an article is first increased by 10% and then decreased by 20%. What is the net percentage change in its price?
Answer: C) 12% decrease
Net change = 10 − 20 − (10 × 20)/100 = -12%, i.e. a 12% decrease.
Percentage means "per hundred". Percentage questions ask for a part of a number, a percentage change, or the net effect of successive changes.
On MockBazaar, Percentage questions appear in IBPS Clerk Prelims, IBPS PO Prelims, RRB Group D, RRB NTPC CBT 1, SBI Clerk Prelims, SBI PO Prelims, SSC CGL Tier 1, SSC CGL Tier 2, SSC CHSL Tier 1.
Taking the percentage of the new value instead of the old one.