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Percentage Change Quiz

Authored by Sethu Ram

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Percentage Change Quiz
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24 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A number is first decreased by 5% and then increased by 5%. What will be the net increase or decrease?

0.25% increase

25% decrease

0.25% decrease

No increase or decrease

Answer explanation

When a number is decreased by 5%, it becomes 95% of the original. Increasing this new value by 5% results in 95% * 1.05 = 99.75% of the original, leading to a net decrease of 0.25%.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a number is increased by 20% and then it is decreased by 10%. Its net increase or decrease is:

8% increase

10% decrease

10 % increase

8% decrease

Answer explanation

Increasing a number by 20% gives 1.2x, and decreasing that result by 10% gives 1.2x * 0.9 = 1.08x. This is an 8% increase from the original number, confirming the correct answer is 8% increase.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The profit of a company increased by 10% from April to May, then it decreased by 20% from May to June and again increased by 50% from June to July. What was the % growth in profit from April to July?

15%

45%

32%

13%

Answer explanation

Let the profit in April be 100. After a 10% increase in May, it becomes 110. A 20% decrease in June brings it to 88. Finally, a 50% increase in July results in 132. The growth from April to July is (132-100)/100 * 100 = 32%.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The price of a book was first increased by 25% and then reduced by 20%. What is the change in its original price?

5% decrease

No change

10% increase

10% decrease

Answer explanation

The book's price increases by 25%, then decreases by 20% of the new price. The final price is 100% of the original, resulting in no overall change in price.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the consumption of sugar increases from 12 kg to 15 kg, then find the percentage growth.

39.2%

20%

25%

33.3%

Answer explanation

To find the percentage growth, use the formula: ((new value - old value) / old value) * 100. Here, ((15 kg - 12 kg) / 12 kg) * 100 = (3/12) * 100 = 25%. Thus, the correct answer is 25%.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The price of rice is increased from ` 25 per kg to ` 30 per kg. The consumption should be reduced to what percentage so that the expenditure remains the same?

2 16 % 3

1 8 % 3

10%

16%

Answer explanation

The price increase from `25 to `30 means a 20% increase. To keep expenditure constant, consumption must decrease by 20%. Thus, the required reduction in consumption is 16.67%, which rounds to 16%. Hence, the correct choice is 2 16 % 3.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When the price of a cycle decreased by 20%, then the number of selling of bicycles increased by 20%. What was the effect on sale of the shop?

4% decrease

4% increase

10% increase

10% decrease

Answer explanation

The price decrease of 20% leads to a 20% increase in sales volume. However, the revenue change is calculated as follows: Revenue = Price x Quantity. A 20% drop in price and a 20% rise in quantity results in a net 4% decrease in revenue.

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