Introduction to Percentage - Concept and Tricks to Calculate Percentage - Experts Advice

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Introduction to Percentage - Concept and Tricks to Calculate Percentage

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PERCENTAGE

How-to-find-Percentage
What is Percentage? How to find Percentage? In this post we will learn meaning of percentage with multiple tricks to calculate it. This chapter is base to understand profit and loss, discount, simple interest, compound interest etc. It will be beneficial to understand the concept of Percentage before going for next chapters.

Per means ‘/’ & Cent means ‘100‘ so the term ‘Per Cent’ means ‘For every hundred’. The term "per cent" is derived from the Latin 'per centum' meaning "by the hundred".

A fraction whose denominator is 100 is called Percentage, and the numerator of the fraction is called the Rate per cent. A percentage is a dimensionless number.
X/100 = X%
Calculation-of-percentage

A percentage can be written as fraction, ratio or decimal.
For example 35% = 35/100 or 35:100 or 0.35
X% = X/100
Tricks-to-find-percentage
Here 80% dots are green and Total dots are 40.
   ⇒ Per 100 dots = 80 dots are green
   ⇒ Per 40 dots = 80/100 x 40 dots are green.
   ⇒ 32 dots are green

To express any fraction or Ratio X/Y as a percentage: (X/Y) x 100 Percentage-shortcut-formulas

NOTE: From above diagrams one thing is very clear - Everything is complete or 100% in itself.


General formula

Percentage = (Value obtained/Total value) x 100
                    Or
Percentage = (Quantity which is compared/ Quantity to whom first quantity is compared) x 100
                                  

 METHODS 

Relation between two quantities in term of percentage

 1.  If A is x% more than that of B then B is less than that of A by: [x/(100 + x)] x 100%

Example 1: If A’s income is 20% more than that of B’s income, then how much percent is B’s income less than that of A’s income?
Solution: B’s income = [20/(100 + 20)] x 100 = 16.66% of A’s income

 2.  If A is x% less than that of B then B is more than that of A by: [x/(100 - x)] x 100%

Example 2: If A’s income is 20% less than that of B’s income, then how much percent is B’s income more than A’s income?
Solution: B’s income = [20/(100 - 20)] x 100 = 25% of A’s income

 3.  If A is X% of C and B is Y% of C, then A = (X/Y) x 100 % of B

Example 3: If A is 20% of C and B is 25% of C then what percentage is A of B?
Solution: A = (20/25) x 100% = 80% of B

 4.  If A is x% more than C and B is y% more than C, then A = 100 x [(100 + x)/(100 + y)]% of B

Example 4: Two numbers are respectively 20% and 50% more than the third. What percentage is the first of the second?
Solution: First number = 100 x (120/150)% of second number = 80% of second number


Population Formula

If the present population of a town be P and the population changes in R% per annum, then:
 1.  Population after n years: P x (1 + R/100)n
 2.  Population n years ago: P/(1 + R/100)n

Note: R will be positive if population increase, if population decrease R will be negative.

Example: The population of a town increase at the rate of 20% annually due to excessive migration. If present population is 144000 find population two years ago?
Solution: Population 2 years ago = 144000/(1 + 20/100)2 = 100000


Increment or Decrement in Consumption

 1.  If price of a commodity increased by P%, then reduction in consumption so as not to increase the expenditure will be: 100 x [P/(100 + P)] %

 2.  If price of a commodity decreased by P%, then increase in consumption so as not to decrease expenditure will be: 100 x [P/(100 - P)]%

Example: If the price of a commodity be raised by 20%, find by how much percent must a householder reduce his consumption of that commodity so as to not increase his expenditure?
Solution: Reduction = 100 x (20/120) = (50/3)%


Successive Percentage Change

 1.  If a number is changed successively by x% and y%, then net percentage change will be given by: x + y + xy/100 %
Note: For percentage increase x and y will be positive, for percentage decrease x and y will be negative.

Example: If price of a commodity first increased by 20% then decreased by 10% then what is the net change price of commodity?
Solution: 20 – 10 – (10 x 20)/100 = 8%

 2.  If any quantity A is changed by X%, Y% and Z% successively then final value of A will be:
Final Value = A x (1 + X/100)(1 + Y/100)(1 + Z/100)
Note: X, Y, Z will be positive for increment and negative for decrement.

Example: The income of Ramesh increase by 10%, 20% and 30% successively in three years, find final income if present income is Rs 150000?
Solution: Final Income = 150000 x (1 + 10/100)(1 + 20/100)(1 + 30/100) = Rs 257400 


Same Increase and Decrease

If the value of any quantity first increased by x% and then decreased by x%, the net change is always decrease which is equal to: x2/100


Increased, Decreased & Original price

 1.  If after reduction in the price of any commodity by x%, a person can buy ‘y’ kg more for Rs ‘z’, then:
Reduced price = [xz/100y]
Original price = [xz/(100 - x)y]

 2.  If after increment in the price of any commodity by x%, a person can buy ‘y’ kg less for Rs ‘z’, then:
Increased price = [xz/100y]
Original Price = [xz/(100 + x)y]

Example: Due to an increase of 20% in the price of eggs, 2 eggs less are available for Rs 24. The present rate of eggs per dozen is?
Solution: Increased price = 20 x 24/(100 x 2) = Rs 2.4 per egg
Present rate per dozen = 12 x 2.4 = Rs 28.80


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