Exercise: Percentage
Questions for: Simple Percentage
A store increased the price of a certain laptop model by 20%. The new selling price of the laptop is $1200.
What was the original price of the laptop before the increase?
A: $960
B: $1000
C: $1043
D: $1091
Answer: B
Let the original price be P.
The price increased by 20%, so the new price is P + 20% of P.
This can be written as P + 0.20P = 1.20P.
The new selling price is given as $1200.
So, 1.20P = $1200.
To find P, divide $1200 by 1.20.
P = $1200 / 1.20
P = $1000.
Why others are wrong:
A — This option results from incorrectly calculating 20% of the new price ($1200 * 0.20 = $240) and subtracting it from the new price ($1200 - $240 = $960).
C — This option results from incorrectly assuming the increase was 15% instead of 20% ($1200 / 1.15 ≈ $1043), or a general calculation error.
D — This option results from incorrectly assuming the increase was 10% instead of 20% ($1200 / 1.10 ≈ $1091), or a general calculation error.
A company has 300 employees. 40% of the employees work in the Sales department, and the remaining employees work in the Operations department.
How many employees work in the Operations department?
A: 120
B: 160
C: 180
D: 200
Answer: C
1. Determine the percentage of employees in the Operations department: 100% - 40% (Sales) = 60%.
2. Calculate the number of employees in the Operations department by finding 60% of the total employees.
3. 60% of 300 = (60/100) * 300.
4. (60/100) * 300 = 0.60 * 300 = 180.
5. Therefore, 180 employees work in the Operations department.
Why others are wrong:
A — This is the number of employees in the Sales department (40% of 300), not Operations.
B — This number does not correspond to a correct percentage calculation for either department.
D — This would be the number of employees if 66.67% worked in Operations, not 60%.
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A local library currently stocks 800 books. Of these, 25% are categorized as fiction, with the remainder being non-fiction.
How many non-fiction books are stocked in the library?
A: 200
B: 400
C: 600
D: 800
Answer: C
1. Determine the percentage of non-fiction books: If 25% are fiction, then 100% - 25% = 75% are non-fiction.
2. Calculate 75% of the total number of books: 75% of 800.
3. Convert the percentage to a decimal or fraction: 0.75 or 3/4.
4. Multiply by the total: 0.75 * 800 = 600 OR (3/4) * 800 = 3 * 200 = 600.
5. Therefore, there are 600 non-fiction books.
Why others are wrong:
A — This number represents 25% of 800, which is the quantity of fiction books, not non-fiction.
B — This number is 50% of the total books, which is not the correct proportion for non-fiction books.
D — This number represents the total collection of books, not specifically the non-fiction portion.
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A company's sales increased by 15% from last year to this year. This year's sales were $230,000.
What were the company's sales last year?
A: $195,500
B: $200,000
C: $264,500
D: $270,588
Answer: B
Let S_last be the sales last year.
The sales this year increased by 15% from last year's sales.
So, Sales this year = S_last + (0.15 * S_last)
Sales this year = S_last * (1 + 0.15)
Sales this year = S_last * 1.15
Given that this year's sales were $230,000.
$230,000 = S_last * 1.15
To find S_last, divide this year's sales by 1.15.
S_last = $230,000 / 1.15
S_last = $200,000
Why others are wrong:
A — This result ($195,500) is obtained by calculating 15% of this year's sales and subtracting it ($230,000 * (1 - 0.15)). This incorrectly uses the new value as the base for the percentage change.
B — Correct.
C — This result ($264,500) is obtained by calculating 15% of this year's sales and adding it ($230,000 * (1 + 0.15)). This would project an increase from the current sales, not determine a previous value.
D — This result ($270,588) is obtained by incorrectly dividing this year's sales by (1 - 0.15) as if there was a 15% decrease ($230,000 / 0.85). This confuses an increase with a decrease when finding the original value.
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A clothing store announced a 20% discount on all items for its annual clearance sale. A customer wishes to purchase a sweater that was originally marked at $80.
What is the final price the customer will pay for the sweater after the discount?
A: $16
B: $60
C: $64
D: $96
Answer: C
1. Identify the original price: The sweater's original price is $80.
2. Identify the discount rate: The discount rate is 20%.
3. Calculate the discount amount: Multiply the original price by the discount rate: $80 * 20% = $80 * (20/100) = $80 * 0.20 = $16.
4. Subtract the discount from the original price: Final price = Original price - Discount amount = $80 - $16 = $64.
Why others are wrong:
A — This is the discount amount, not the final price after the discount.
B — This option might result from an incorrect calculation of the discount or an arithmetic error in subtraction.
D — This option represents an increase of 20% ($80 + $16), not a discount.
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