GMAT Club - Percent and Interest

1. Marat sold his condo at a price that was 18% more than the price he paid for it. If he bought his
condo at a price that was 42% less than the buyer’s $175,000 asking price, which of the following
must be true?
I. The person who sold Marat the condo lost money.
II. Marat bought the condo for $101,500.
III. 36 percent of the price at which Marat sold the condo is $43,117.20.
A. I only
B. I and II only
C. I and III only
D. II and III only
E. I, II and III

2. A man invested two equal sums of money in two banks at simple interest, one offering annual rate of
interest of 10% and the other, at a rate of 20%. If the difference between the interests earned after
two years is between $120 and $140, exclusive, which of the following could be the difference
between the amounts earned for the same amounts of money, invested at the same rates of interest
as above, but at compound interest?
(A) $130
(B) $135
(C) $137
(D) $154
(E) $162

3. The final exam of a particular class makes up 40% of the final grade, and Moe is failing the class with
an average (arithmetic mean) of 45% just before taking the final exam. What grade does Moe need
on his final exam in order to receive the passing grade average of 60% for the class?
A. 75%
B. 82.5%
C. 85%
D. 90%
E. 92.5%

4. If a is 60% of b, b is 40% of c, and c is 20% of d, then 6d is what percent of 20a?

A. 0.625
B. 6.25
C. 62.5
D. 625
E. 6250

5. One class in a school is 30 percent boys. If a second class that is half the size of the first is 40 percent
boys, what percent of both classes are boys?
A. 20% B. 25% C. 28% D. 30% E. 100/3%
6. In a recent election, James received 0.5 percent of the 2,000 votes cast. To win the election, a
candidate needed to receive more than 50 percent of the vote. How many additional votes would
James have needed to win the election?
A. 901
B. 989
C. 990
D. 991
E. 1,001

7. A think tank projects that people over the age of 65 will comprise 25% of the U.S. population by 2010.
If the current population of 300 million is expected to grow by 8% by 2010, how many people over
age 65, in millions, will there be in 2010?
A. 75
B. 77
C. 80
D. 81
E. 85
8. If it is assumed that 60 percent of those who receive a questionnaire by mail will respond and 300
responses are needed, what is the minimum number of questionnaires that should be mailed?
(A) 400
(B) 420
(C) 480
(D) 500
(E) 600

9. A trader cheats both his supplier and customer by using faulty weights. When he buys from the
supplier, he takes 10% more than the indicated weight. When he sells to his customer, he gives the
customer a weight such that 10% of that is added to the weight, the weight claimed by the trader is
obtained. If he charges the cost price of the weight that he claims, find his profit percentage.
A. 20%
B. 21%
C. 21.33%
D. 22.109%
E. 23%
10. The workforce of Company X is 60% female. The company hired 20 additional male workers, and as a
result, the percent of female workers dropped to 55%.How many employees did the company have
after hiring the additional male workers?
A.160
B.220
C.240
D.360
E.420

11. If 55 percent of a group of people have brown hair and 80 percent of the same group do not have red
hair, what fraction of those who do not have brown hair have red hair?
A. ¼ B. 4/11 C. 4/9 D. 5/9 E. 4/5
12. A certain money market account that had a balance of $48,000 during all of last month earned $360 in
interest for the month. At what simple annual interest rate did the account earn interest last month?
A. 7%
B. 7.50%
C. 8%
D. 8.50%
E. 9%

13. p is 6 times as large as q. The % that q is less than p , is:

A)83.33
B)16.66
C)90
D)60
E)0.02

14. Schools A and B are in the same town. Annual fee collected by school A from each student is $6720
which is comprised of basic fee and an additional maintenance fee which is 12% of the basic fee.
School B has the same basic fee as school A but its maintenance charge is just 8% of the basic fee. A
student studying in school B can save how much more as compared with a student from school A?
A. $120
B. $240
C. $360
D. $540
E. $720

15. A political poll showed that 80 percent of those polled said they would vote for proposition P. Of those
who said they would vote for proposition P, 70 percent actually voted for P, and of those who did not
say they would vote for P, 20 percent actually voted for P. What percent of those polled voted for P ?
A. 56%
B. 60%
C. 64%
D. 76%
E. 90%

16. If apples are bought at the rate of 30 for a rupee. How many apples must be sold for a rupee so as to
have a profit of 20%?
A. 36
B. 28
C. 26
D. 25
E. 22

17. Ron deposits $400 in savings account which gives compound interest semi-annually at the rate of 8%
p.a. Approximately, how much interest does he receive in 2 years?
(A) $60
(B) $64
(C) $68
(D) $72
(E) $76
18. An airline must charge an 11 percent tax on the price of an airline ticket. The airline wishes to charge
the whole-dollar amount of $433.00 for the ticket, including the tax. What price, to the nearest $0.01,
should the airline set for the ticket before the tax is added?
A. $385.37
B. $389.70
C. $390.09
D. $393.64
E. $422.00

19. If revenues of $196,000 from division A of Company X represent 28 percent of the total revenues of
Company X for the year, what were the total revenues of Company X for the year?
A. $141,100
B. $272,000
C. $413,300
D. $596,100
E. $700,000

20. Leona bought a 1-year, $10,000 certificate of deposit that paid interest at an annual rate of 8 percent
compounded semiannually. What was the total amount of interest paid on this certificate at maturity?
(A) $10,464
(B) $ 864
(C) $ 816
(D) $ 800
(E) $ 480

21. Two children named Peter and Wanda are playing a number game. If Peter’s number z is 200 percent
of Wanda’s number, what is 20 percent of Wanda’s number, in terms of z?
A. 10z
B. 2z
C. z/5
D. z/10
E. z/20

22. During the first week of September, a shoe retailer sold 10 pairs of a certain style of oxfords at $ 35 a
pair. If, during the second week of September, 15 pairs were sold at the sale price of $ 27.50 a pair,
by what amount did the revenue from weekly sales of these oxfords increase during the second
week?
A) $ 62.50
B) $ 75.00
C) $ 112.50
D) $ 137.50
E) $ 175.00

23. A retailer sells pashminas at a ten percent discount. If a pashmina cost him $75 and he wants to make
a profit of no less than twenty percent on the cost (after the discount), what is the minimum tag price
he needs to put on a pashmina?
A. 90 B. 100 C. 120 D. 140 E. 150
24. The original price of a certain TV set is discounted by x percent, and the reduced price is then
discounted by 2x percent. If P is the original price of the TV Set, which of the following represents the
price of the television set after the two successive discounts?
A. P(1−0.03x+0.02x^2)
B. P(1−0.03x+0.0002x^2)
C. P(1−0.3x+0.002x^2)
D. P(1−2x^2)
E. P(1−3x+2x^2)

25. If 18 is 15 percent of 30 percent of a certain number, what is the number?

(A) 9
(B) 36
(C) 40
(D) 81
(E) 400

26. The organizers of a fair projected a 25 percent increase in attendance this year over that of last year,
but attendance this year actually decreased by 20 percent. What percent of the projected attendance
was the actual attendance?
(A) 45%
(B) 56%
(C) 64%
(D) 75%
(E) 80%
27. A certain tax rate is $.82 per $100.00. What is the rate, expressed as a percent?
A. 82%
B. 8.2%
C. 0.82%
D. 0.082%
E. 0.0082%

28. At the end of year X, automobile installment credit accounted for 36% of all outstanding consumer
installment credit. At that time automobile finance companies extended $57 billion of credit, or 1/3 of
the automobile installment credit. How many billion dollars of consumer installment credit was
outstanding at that time?
A. 62
B. 171
C. 475
D. 513
E. 684

29. In order to give his customers a 25−percent discount on the price and still net a 25−percent profit on
the cost of an item, at what price should a merchant mark an item if it cost him $16.80?
(A) $21.00
(B) $21.90
(C) $25.20
(D) $26.25
(E) $28.00
30. In Town X, 64 percent of the population are employed, and 48 percent of the population are employed
males. What percent of the employed people in Town X are females?
(A) 16%
(B) 25%
(C) 32%
(D) 40%
(E) 52%

31. A retailer has a sale with a 20% discount off the normal $200 retail price of a dishwasher, knowing
that the sale price allows for a profit equal to 25% of the price he had originally paid for the
dishwasher. How much did the retailer originally pay for the dishwasher?
(A) $96
(B) $120
(C) $128
(D) $144
(E) $160

32. In a given year, the United States census estimated that there were approximately 6.5 billion people in
the world and 300 million in the United States. Approximately what percentage of the world’s
population lived in the United States that year?
(A) 0.0046%
(B) 0.046%
(C) 0.46%
(D) 4.6%
(E) 46%
33. Ann can have her bicycle repaired for $50, or she can trade it in, as is, and receive $22 credit toward
the purchase of a new bicycle that sells for $107. If Ann trades in her current bicycle, the cost to her
of purchasing the new bicycle is what percent greater than the cost of having her current bicycle
repaired?
A. 44%
B. 60%
C. 70%
D. 114%
E. 170%
34. The size of a certain population of bacteria doubles every 30 minutes. After 2 hours of growth, the
size of the population will be what percent greater than the size of the population 2 hours earlier?
A) 15 percent
B)16 percent
C)1,500 percent
D) 1,600 percent
E) 1,700 percent

35. 10,000 percent of 500 percent of 20 percent less than some positive integer is what percent greater
than 400 percent of 20 percent of 10 percent of that positive integer?
A) 499,900 percent
B) 49,990 percent
C) 4,999 percent
D) 499.9 percent
E) 49.99 percent
36. Dick and Jane each saved $3,000 in 1989. In 1990 Dick saved 8 percent more than in 1989, and
together he and Jane saved a total of $5,000. Approximately what percent less did Jane save in 1990
than in 1989?
A. 8%
B. 25%
C. 41%
D. 59%
E. 70%
37. A total of 30 percent of the geese included in a certain migration study were male. If some of the
geese migrated during the study and 20 percent of the migrating geese were male, what was the ratio
of the migration rate for the male geese to the migration rate for the female geese? [Migration
rate for geese of a certain sex = (number of geese of that sex migrating) / (total number of geese of
that sex)]
A. 1/4
B. 7/12
C. 2/3
D. 7/8
E. 8/7

38. A certain investment grows at an annual interest rate of 8%, compounded quarterly. Which of the
following equations can be solved to find the number of years, x, that it would take for the investment
to increase by a factor of 16?
A. 16 = 1.02^(x/4)
B. 2 = 1.02^x
C. 16 = 1.08^(4x)
D. 2 = 1.02^(x/4)
E. 1/16 = 1.02^(4x)

39. A sum of money invested under simple interest, amounts to $1200 in three years and $1500 in five
years. What is the rate at which the sum of money was invested?
(A) 10%
(B) 15%
(C) 20%
(D) 25%
(E) 45%

40. In the year 2001, a man spends 40% of his total income on food. In 2002 his income increases by
40% and his expenditure on food increases by 50% with respect to 2001. In 2003 his income
increases by another 25% based on 2002 and his expenditure on food increase by 16.66% based on
the expenditure on food in 2001. What percent of his total income in 2003 is his expenditure on food ?
A. 66.67%
B. 50%
C. 37.5%
D. 33.33%
E. 26.67%
41. All assets in Karina's investment portfolio are divided between an IRA, 401k, and two separate taxable
accounts. No two accounts have the same amount of money and all four have at least some money in
them. If each account has a whole-number percent of Karina's money, what is the minimum percent
of Karina's money that could be in the account with the largest balance?
A. 25
B. 26
C. 27
D. 28
E. 29

42. Football Team T has a total of 120 players, 40 percent of whom are juniors. After the first game, the
team had a certain number of injured players, 20 percent of whom were juniors. Juniors now make up
80 percent of the non-injured players. How many players other than juniors are injured?
A) 16
B) 24
C) 32
D) 45
E) 64

43. 60 percent of movie theatres in Town X have 3 screens or less. 20% of those theatres sell an average
of more than $300 worth of popcorn per showing. 56 percent of all the movie theatres in Town X sell
$300 or less of popcorn per showing. What percent of all the stores on the street have 4 or more
screens and sell an average of more than $300 worth of popcorn per day?
A. 12
B. 18
C. 32
D. 40
E. 44

44. John bought 2 shares and sold them for $96 each. If he had a profit of 20% on the sale of one of the
shares but a loss of 20% on the sale of the other share, then on the sale of both shares John had
(A) a profit of $10
(B) a profit of $8
(C) a loss of $8
(D) a loss of $10
(E) neither a profit nor a loss

45. Health insurance Plan A requires the insured to pay $1000 or 50% of total cost, whichever is lower.
Plan B requires the insured to pay the initial $300, but then pays 80% of the cost over $300. Which of
the following is a cost level for which both insurance plans pay out the same amount?
A. $600
B. $1000
C. $3800
D. $5300
E. $6200
46. Bobby bought 2 shares, and which he sold for $96 each. If he had a profit of 20% on the sale of one
of the shares but a loss of 20% on the sale of the other share, then on the sale of both shares Bobby
had...
A) a profit of 10
B) a profit of 8
C) a loss of 8
D) a loss of 10
E) neither a profit nor a loss

47. In 1985 a company sold a brand of shoes to retailers for a fixed price per pair. In 1986 the number of
pairs of the shoes that the company sold to retailers decreased by 20 percent, while the price per pair
increased by 20 percent. If the company’s revenue from the sale of the shoes in 1986 was $3.0
million, what was the approximate revenue from the sale of the shoes in 1985?

(A) $2.4 million

(B) $2.9 million
(C) $3.0 million
(D) $3.1 million
(E) $3.6 million

48. When 1/10 percent of 5,000 is subtracted from 1/10 of 5,000, the difference is
(A) 0
(B) 50
(C) 450
(D) 495
(E) 500

49. The population of the village is 5500. If the number of males increase by 11% and the number of
females increase by 20%, then the population becomes 6330. Find the population of females in the
town.
A. 2500
B. 3000
C. 2000
D. 3500
E. 1800

50. A shipment of 1500 heads of cabbage, each of which was approximately the same size was purchased
for $600.The day the shipment arrived 2/3 of the heads were sold, each at 25% above the cost per
head.The following day the rest were sold at a price per head equal to 10% less than the price each
head sold for the day before.what was the gross profit on this shipment?
(A) $100
(B) $115
(C) $125
(D) $130
(E) $135
51. The cost price of m articles is the same as the selling price of n articles. If the profit is 200% then
what is the value of n in terms of mm?
A. 3m
B. 3/m
C. 2m
D. m/2
E. m/3

52. If money is invested at r percent interest, compounded annually, the amount of investment will double
in approximately 70/r years. If Pat's parents invested $ 5000 in a long term bond that pays 8 percent
interest, compounded annually, what will be the approximate total amount of investment 18 years
later, when Pat is ready for college?
A. $20000
B. $15000
C. $12000
D. $10000
E. $9000

53. If candy bars that regularly sell for $0.40 each are on sale at two for $0.75, what is the percent
reduction in the price of two such candy bars purchased at the sale price?
(A) 2 ½
(B) 6 ¼
(C) 6 2/3
(D) 8%
(E) 12 ½

54. Fresh grapes contain 80% water by weight and raisins obtained by drying fresh grapes contain 25%
water by weight. How many kgs of fresh grapes are needed to get 20kgs of raisins?
A) 75 kgs
B) 64kgs
C) 72 kgs
D) 65 kgs
E) 70 kgs

55. A dealer mixes a pounds of nuts worth b cents per pound with c pounds of nuts worth d cents per
pound. At what price should he sell a pound of the mixture if he wishes to make a profit of 10 cents
per pound?
(A) (ab + cd)/(a + c) + 10

(B) (ab + cd)/(a + c) + 0.1

(C) (b + d)/(a + c) + 10

(D) (b + d)/(a + c) + 0.1

(E) (b + d + 10)/(a + c)
56. If y > 0, (2y)/20 + (3y)/10 is what percent of y?
A. 40%
B. 50%
C. 60%
D. 70%
E. 80%

57. An appliance store owner ordered 50 countertop microwave ovens to be sold for $144 each, which
represents a 20 percent markup over the store owner’s initial cost for each microwave. Of the
microwave ovens ordered, 5 were never sold. These ovens were returned for a refund of 50 percent of
the owner’s initial cost. What was the owner’s profit or loss as a percent of the initial cost of the
50 microwave ovens?
(A) 15% loss
(B) 13% loss
(C) 10% profit
(D) 13% profit
(E) 15% profit

58. What percentage loss will a merchant incur if he marks his goods up by x% over his cost price and
then offers a discount of x% on his selling price?
A. 0 %
B. 2x/100 %
C. x^2/100 %
D. x %
E. 2x %

59. If $0.2 is commission for sales of $1,000, what percent of sales amount is the commission?
A. 2%
B. 0.2%
C. 0.02%
D. 0.002%
E. 0.0002%

60. The number of livestock in a farm at the beginning of year 2000 was 100,000. During the year, the
number increased by p%. During the next year 2001, there was a famine and the number decreased
by q%. A census at the end of year 2001 revealed that the number of livestock in the farm was
100,000. Which of the following expressions is correct?
A. p > q
B. q > p
C. p = q
D. With the exception of 1 instance, p will be equal to q
E. There is no relation between p and q

61. A baseball card decreased in value 20% in its first year and 10% in its second year. What was the
total percent decrease of the card's value over the two years?
A. 28% B. 30% C. 32% D. 36% E. 72%
62. Positive integer y is 50 percent of 50 percent of positive integer x, and y percent of x equals 100.
What is the value of x?
(A) 50
(B) 100
(C) 200
(D) 1,000
(E) 2,000

63. A merchant purchased a jacket for $60 and then determined a selling price that equalled the purchase
price of the jacket plus a markup that was 25 percent of the selling price. During a sale, the merchant
discounted the selling price by 20 percent and sold the jacket. What was the merchant’s gross profit
on this sale?
(A) $0
(B) $3
(C) $4
(D) $12
(E) $15

64. If the length of a rectangle is increased by 20 percent and the width is decreased by 20 percent, then
the area
(A) decreases by 20%
(B) decreases by 4%
(C) stays the same
(D) increases by 10%
(E) increases by 20%

65. If the circus were to sell all of its 220 tickets for this month's performance at its usual price, the
revenue from sales would be 10% greater than that collected last month. If the circus raised the ticket
price by 5% and sold only 200 tickets as a result, what percent less would last month's revenue be
compared to this month's revenue?
A. 2
B. 5
C. 100/21
D. 110/20
E. 9/4

66. If P > 0 and P % of 3P is P % less than P, then P equals:

A. 5
B. 25
C. 40
D. 50
E. 64

67. 50% of students’ study science and 30% of science students score more than 80% marks in the
exam. If 40% of all students(science + non-science) get more than 80% marks in exam, what
percentage of non-science students score less than 80% marks?
a. 30% b. 40% c. 50% c. 60% d. 70%
68. A mixture of 40 liters of milk and water contains 10% water. how much water should be added to this
so that water may be 20% in the new mixture?
A. 4 B. 5 C. 6 D. 7 E. 8

69. At a local appliance manufacturing facility, the workers received a 20% hourly pay raise due to
extraordinary performance. If one worker decided to reduce the number of hours that he worked so
that his overall pay would remain unchanged, by approximately what percent would he reduce the
number of hours that he worked?
A) 83%
B) 80%
C) 20%
D) 17%
E) 12%

70. A salesperson for an automobile dealer earns an annual salary of $25,000 plus a commission of 10%
of the salesperson's sales over $100,000. If x is the dollar amount of sales in a certain year and x is
greater than $100,000, which of the following expresses the salesperson's total earnings, in dollars,
for the year?
A) 25,000 + 0.1x
B) 35,000 + 0.1x
C) 125,000 + 0.1x
D) 25,000 + 0.1(100,000 - x)
E) 25,000 + 0.1(x - 100,000)

Compiled By:
Rayhan Bin Noman
Facebook.com/rayhanbinnoman
 GMAT Club – Percent and Interest [Part 2]

1. In a certain fraction, the denominator is 16 greater than the numerator. If the fraction is equivalent
to 80 percent, what is the denominator of the fraction?
A. 32
B. 64
C. 72
D. 80
E. 120

2. Chris’s convertible gets gas mileage that is 40 percent higher than that of Stan’s SUV. If Harry’s
hatchback gets gas mileage that is 15 percent higher than that of Chris’s convertible, then Harry’s
hatchback gets gas mileage that is what percent greater than that of Stan’s SUV?
(A) 25%
(B) 46%
(C) 55%
(D) 61%
(E) 66%

3. All but 50 of the 1,000 plants at the annual flower show were sold. Of the plants sold, 30 percent
were sold at a discount of 25 percent off the full price, and the remaining plants were sold at the full
price of $12. What was the total revenue form the plant sales?
A. $8,550
B. $8.835
C. $10,545
D. $11,100
E. $12,000

4.
5.

6. A farmer produced 750 bushels of a certain crop at a cost of $20 per bushel. If the farmer sold
(2/3)rd of the bushels for double their production cost and sold the remaining bushels at 25 percent
above their production cost, what was the farmer’s gross profit on the sale of the crop?
(A) $11250
(B) $13375
(C) $15000
(D) $18750
(E) $26250
7. Gwen invested $10000 at 5% compounded annually. Cheng invested $5000 at 10% compounded
annually. How much greater will the total interest earned on Cheng's investment be in two years?
(a) $0
(b) $25
(c) $50
(d) $100
(e) $200
8. A disease has infected an ant colony that consists of "workers" and "soldiers": 30% of the soldiers
and 14% of the "workers" were infected. If that colony is inhabited by 7000 ants, out of which 1700
are infected, how many "workers" inhabit the colony?
A. 1500
B. 2500
C. 2750
D. 3000
E. 3250

9. The price of a model M camera is $209 and the price of a special lens is $69. When the camera and
lens are purchased together, the price is $239. The amount saved by purchasing the camera and lens
together is approximately what percent of the total price of the camera and lens when purchased
separately?
(A) 14% (B) 16% (C) 29% (D) 33% (E) 86%
10. Jack made a withdrawal from his savings account to fund a medical emergency. What was the
percent decrease in his savings fund, if his savings fund post withdrawal will need to be increased by
25 percent to be restored to its initial amount?
A 10%
B 20%
C 25%
D 40%
E 50%

11. A merchant sells an item at a 20% discount, but still makes a gross profit of 20 percent of the cost.
What percent of the cost would the gross profit on the item have been if it had been sold without the
discount?
A. 20%
B. 40%
C. 50%
D. 60%
E. 75%

12. In a recent election, Ms. Robbins received 8,000 votes cast by independent voters, that is, voters not
registered with a specific political party. She also received 10 percent of the votes cast by those
voters registered with a political party. If N is the total number of votes cast in the election and 40
percent of the votes cast were cast by independent voters, which of the following represents the
number of votes that Ms. Robbins received?
(A) 0.06N + 3,200
(B) 0.1N + 7,200
(C) 0.4N + 7,200
(D) 0.1N + 8,000
(E) 0.06N + 8,000

13. The simple interest on a certain sum of money for 3 years is $225 and the compound interest on the
same sum at the same rate for 2yrs is $153. What is the principal invested?
A. $1500
B. $1875
C. $2250
D. $2500
E. $2750

14. The sum of the pre-tax costs of Item A and Item B is $ 300. In Alumba, each item would be charged
a flat 7%. In Aplandia, Item A is subject to 5% tax and Item B is subject to 10% tax. If the tax in
Aplandia on the purchase of both items is exactly $ 3 more than it is in Alumba, then what is the pre-
tax price of Item A?
A. 75
B. 80
C. 100
D. 120
E. 125
15. In 1990, twice as many boys as girls at Adams High School earned varsity letters. From 1990 to 2000
the number of girls earning varsity letters increased by 25% while the number of boys earning varsity
letters decreased by 25%. What was the ratio in 2000 of the number of girls to the number of boys
who earned varsity letters?
A. 5/3
B. 6/5
C. 1
D. 5/6
E. 3/5

16. A 30% increase in the price of a shirt is equivalent to $60. If the price of the shirt were reduced by
20% instead of increased by 30%, what would be the price of the shirt?
A 240
B 200
C 160
D 120
E 54

17. Alex deposited x dollars into a new account that earned 8 percent annual interest, compounded
annually. One year later Alex deposited an additional x dollars into the account. If there were no
other transactions and if the account contained w dollars at the end of two years, which of the
following expresses x in terms of w?
A. w/(1+1.08)
B. w/(1.08+1.16)
C. w/(1.16+1.24)
D. w/(1.08+1.08^2)
E. w/(1.08^2+1.08^2)

18.

19. Barbara invests $2,400 in the National Bank at 5%. How much additional money must she invest at
8% so that the total annual income will be equal to 6% of her entire investment?
(A) $2,400
(B) $3,600
(C) $1,000
(D) $3,000
(E) $1,200
20. In a particular course, Arif appeared in 10 quizzes.The average of his best 9 quizzes is 10% more
than the average of all the quizzes he attended. The total marks obtained in best 9 quizzes is what %
of the total marks obtained in 10 quizzes?
A) 80%
B) 88%
C) 90%
D) 95%
E) 99%

21. 6.4 is what percent of 16,000?

A) 0.0004%
B) 0.04%
C) 0.4%
D) 4%
E) 4.4%

22. A shirt originally cost x dollars. After a y percent increase, the price of the shirt is z dollars. What is x,
in terms of y and z?
A z/(100 + y)
B 100*z/y
C 100z/(100 + y)
D z/y
E (100 + y)/z

23. Amy's grade was 90th percentile of the 80 grades for her class. Of the 100 grades from another class,
19 were higher than Amy's, and the rest were lower. If no other grade was the same as Amy's grade,
then Amy's grade was what percentile of the grades of the two classes of two classes combined?
A. 72nd
B. 80th
C. 81st
D. 85th
E. 92nd

24. After a 20% decrease, the price of a shirt was $120. What was the original price of the shirt?
A $100
B $144
C $150
D $160
E $180

25. The price of a home in 1997 was 200% greater than the price in 1957. The price in 1957 was 300%
greater than the price in 1927. The price of the home in 1997 is what percent greater than the price
of the home in 1927?
A 500
B 600
C 700
D 900
E 1,200
26. If 10% of a equals 25% of b, then a is what percent of b?
A 40
B 50
C 140
D 150
E 250

27. In a company of 800 employees, 25% hold administrative positions. How many administrative
employees would have to be added for the number of administrative employees to be 40% of the
total number of employees?
A 80
B 120
C 200
D 320
E 400
28.

29. A customer came to a shop and asked manger to give 20% discount on listed price of a pen.
Moreover , for every 10 pens purchased he wanted 2 pens free of cost. The manager agreed to the
customer's demand because he could still make a profit of 20% on cost price. If the cost price of a
pen is x, what was the listed price?
A)1.75x
B)1.8x
C)1.9x
D)2x
E)2.5x

30. In a high school with 500 students, 15% of the students are freshmen. If 50 additional students
enroll in the school, how many of those students would have to be freshmen for the number of
freshmen to be 20% of the student body?
A 10
B 25
C 35
D 100
E 175
31. In 2007, there were 300 juniors and 200 seniors at a high school. In 2008, there were 400 juniors
and 250 seniors at the same high school. What was the approximate percent increase in the ratio of
juniors to seniors from 2007 to 2008?
A 6.5% B 6.66% C 24% D 25% E 30%
32. Power saving (in %) of a bulb is directly proportional to square root of its efficiency. By how much %
is power saving of bulb-1(efficiency 0.8) greater than power saving of bulb-2 (efficiency 0.2)?
A. 60%
B. 70%
C. 80%
D. 90%
E. 100%
33. Kevin invested $8,000 for one year at a simple annual interest rate of 6 percent and invested $10,000
for one year at an annual interest rate of 8 percent compounded semiannually. What is the total
amount of interest that Kevin earned on the two investments?
A. $880
B. $1,088
C. $1,253
D. $1,280
E. $1,296

34. A certain company that sells only cars and trucks reported that revenues from car sales in 1997 were
down 11 percent from 1996 and revenues from truck sales were up 7 percent from 1996. If total
revenues from car sales and truck sales in 1997 were up 1 percent from 1996, what is the ratio of
revenue from car sales in 1996 to revenue from truck sales in 1996?
(A) 1:2
(B) 4:5
(C) 1:1
(D) 3:2
(E) 5:3

35. Greg’s Goosebumps produces Halloween items. Greg’s production costs consist of annual fixed costs
totaling $120,000 and variable costs averaging $4 per item. If Greg’s selling price per item is $20,
how many items must he produce and sell to earn an annual profit of $200,000?
(A) 20,000
(B) 15,000
(C) 3,333
(D) 5,000
(E) 1,333

36. David used part of $100,000 to purchase a house. Of the remaining portion, he invested 1/3 of it at 4
percent simple annual interest and 2/3 of it at 6 percent simple annual interest. If after a year the
income from the two investments totaled $320, what was the purchase price of the house?
(A) $96,000
(B) $94,000
(C) $88,000
(D) $75,000
(E) $40,000
37. The original cost of a coat was increased by 40% at the beginning of 2015. In March 2015, the new
price was reduced by 20%, and the cost remained at this new reduced price. Chris had a coupon for
a $ 50 discount and, in April, used the coupon to buy the coat at the further reduced price. There was
no tax or additional fee on the purchase. If Chris paid $ 95.60 for the coat, which would be the
original price of the coat?
A. $ 2.50
B. $100
C. $104.83
D. $120
E. $130

38. If 70 percent of the female and 90 percent of the male students in the senior class at a certain school
are going on the senior trip and the senior class is 60 percent female, what percent of the senior
class is going on the senior trip?
A. 82%
B. 80%
C. 78%
D. 76%
E. 72%

39. During the first month after Johanna purchased stock in Amalgamedia Inc., the value of her shares
fell by 20 percent. During the following month, however, Amalgamedia’s stock price rose by 40
percent. By what percent did Johanna’s shares of Amalgamedia change over those two months?
A. 4%
B. 12%
C. 20%
D. 50%
E. 68%

40. A video game goes on sale for 15% off the original price and a customer can save an additional 10%
on the sale price if she has a coupon. If Bailey buys the video game at the sale price and uses a
coupon, what percent of the original price does she pay?
A. 12.5%
B. 25%
C. 75%
D. 76.5%
E. 83.5%

41. If a jewelry store wants to sell a necklace for $179.95 next week at a 60% off sale, how much is the
price of the necklace this week?
A. $71.98
B. $251.93
C. $287.92
D. $399.92
E. $449.88
42. Amy's grade was 90th percentile of the 80 grades for her class. Of the 100 grades from another class,
19 were higher than Amy's, and the rest were lower. If no other grade was the same as Amy's grade,
then Amy's grade was what percentile of the grades of the two classes of two classes combined?
A) 72nd
B) 80th
C) 81st
D) 85th
E) 92nd
43. The number 25 is 2,5% of which of the following?
(A) 10
(B) 62.5
(C) 100
(D) 625
(E) 1,000

44. An employee is paid a salary of $300 per month and earns a 6% commission on all her sales. What
must her annual sales be in order for her to have a gross annual salary of exactly $21,600?
(A) $22,896
(B) $26,712
(C) $300,000
(D) $330,000
(E) $360,000

45. On Monday, the opening price of a certain stock was $100 per share and its closing price was $110
per share. On Tuesday the closing price of the stock was 10 percent less than its closing price on
Monday, and on Wednesday the closing price of the stock was 4 percent greater than its closing price
on Tuesday. What was the approximate percent change in the price of the stock from its opening
price on Monday to its closing price on Wednesday?
A. A decrease of 6%
B. A decrease of 4%
C. A decrease of 1%
D. An increase of 3%
E. An increase of 4%

46. If the price of gasoline increases by 25% and Ron intends to spend only 15% more on gasoline, by
how much percent should he reduce the quantity of gasoline that he buys?
A. 6.66%
B. 8%
C. 10%
D. 12%
E. 12.5%

47. There are 300 seniors at Morse High School, and 40% of them have cars. Of the remaining grades
(freshmen, sophomores, and juniors), only 10% of them have cars. If 15% of all the students at
Morse have cars, how many students are in those other three lower grades?
A. 600
B. 900
C. 1200
D. 1350
E. 1500
48. On a certain test, each question after the first question is worth 2 points more than the previous
question. If the first question worth 10 points, approximately, the points of the fifteenth question is
what percent greater than the points of the tenth question?
(A) 26%
(B) 32%
(C) 36%
(D) 52%
(E) 74%

49. At a record store, a record is priced at 60 percent of the price of the compact disk of the same title. If
a compact disk is priced at $15, how much less does the record cost?
A. $5
B. $6
C. $9
D. $10
E. $12

50. If a camera priced at $360 represents a potential profit of 20 percent to a store if sold, what was the
original cost of the camera to the store?
A. $288
B. $300
C. $310
D. $320
E. $342

51. If an item costs $800 after a 20 percent discount, what was the amount of the discount?
A. $200
B. $160
C. $120
D. $80
E. $20

52. A store sells a watch for a profit of 25 percent of the cost. What percent of the selling price is the
profit?
A. 5%
B. 16 2/3%
C. 20%
D. 33 1/3%
E. 45%

53. A $240 interest-free loan is to be paid back in equal monthly payments. If a total of 2.5% percent of
the original amount of the loan is paid back semi-annually, then how many months will it take to pay
back $21.00 ?
A. 6
B. 7
C. 18
D. 21
E. 24
54. The population of a city grows at a rate of 5% per annum. If in 2006 its population is 18,52,200,
what was its population in 2004?
A. 12,60,000
B. 13,60,000
C. 15,60,000
D. 16,00,000
E. 16,80,000

55. If prices are reduced 25% and sales increase 20%, what is the net effect on gross receipts?
(A) They increase by 5%.
(B) They decrease by 5%.
(C) They remain the same.
(D) They increase by 10%.
(E) They decrease by 10%

56. Which of the following values is the greatest?

a) 11% of 89
b) 22% of 78
c) 33% of 67
d) 44% of 56
e) 55% of 45

57. Of the paintings that a certain artist created last year, the number of paintings that were unframed
was 5 times the number of paintings that were framed. If 48 percent of the unframed paintings and
30 percent of the framed paintings were sold, what percent of the paintings that the artist created
last year were sold?
A. 33%
B. 36%
C. 39%
D. 42%
E. 45%

58. The employees of Smith Enterprises received wage increases ranging from 30 cents to 87.5 cents per
hour. What was the maximum wage increase for a 40-hour week?
A. $12.00
B. $23.00
C. $34.80
D. $35.00
E. $35.20

59. At Company X senior sales representatives visit the home office once every 30 days, and junior sales
representatives visit the home office once every 20 days. The number of visits that a junior sales
representative makes in a 2-year period is approximately what percent greater than the number of
visits that a senior representative makes in the same period?
A. 10%
B. 25%
C. 33%
D. 50%
E. 67%
60. If x is 11 percent greater than 80, then x =
A. 88.8
B. 91.0
C. 88.0
D. 70.9
E. 71.2
61. A 25—ounce solution is 20 percent alcohol. If 50 ounces of water are added to it, what percent of the
new solution is alcohol?
A. 5%
B. 20/3%
C. 8%
D. 10%
E. 20%

62. The price of a newspaper rises from 5 cents to 15 cents. What is the percent increase in price?
A. 2%
B. 50%
C. 150%
D. 200%
E. 300%

63. A store offers a variety of discounts that range between 10 percent and 25 percent inclusive. If a
book is discounted to a price of $2.40, what was its greatest possible price originally?
A) $2.64
B) $3.00
C) $3.20
D) $10.80
E) $24.00

64. A merchant wants to increase the price of an item so that both the percent of increase and the
resulting price in cents are positive integers. If the price of the item is $2.25, what is the least
percent increase the merchant can apply? ($1 = 100 cents)
A. 2%
B. 4%
C. 10%
D. 33%
E. 100%

65. If 25 students took an exam and 4 of them failed, what percent of them passed?
A. 4%
B. 21%
C. 42%
D. 84%
E. 96%
66. In July the price of a stock increased by 10 percent. In August, it declined by 20 percent. If in
September the price increased by 10 percent, by what percent of the original July price has the stock
changed in price from the start of July to the end of September?
A. 0%
B. 3.2%
C. 4.4%
D. 20%
E. 40%
67. If w is 40 percent less than x, x is 40 percent less than y, and z is 46 percent less than y, then z is
greater than w by what percent of w?
A. 4%
B. 18%
C. 36%
D. 40%
E. 50%

68. For positive x and y if x/y is n% of y, then what percent must x be of y?

A. (y × n)%
B. (n/y)%
C. (√n)%
D. (n^2)%
E. (100 – n)%

69. The percentage profit earned by selling an article for $1920 is equal in the percentage loss incurred
by selling the same article for $1280. At what price should the article be sold to make 25% profit?
A) 2000
B) 2200
C) 2400
D) 2600
E) 2800

70. In 1994, Kenneth’s annual salary was 30 percent higher than it was in 1993. In 1995, Kenneth’s
annual salary was reduced to 104 percent of his 1993 annual salary. Kenneth’s 1995 annual salary
was what percent less than his 1994 annual salary?
A. 16%
B. 20%
C. 24%
D. 26%
E. 28%

71. Before a certain tire is used, 40 percent of its total weight consists of tread. If during a lifetime of
use, 50 percent, by weight, of the tire’s tread is lost and no other parts of the tire is lost, what per
cent of the tire’s total remaining weight consists of the remaining tread?
A. 20%
B. 25%
C. 30%
D. 35%
E. 55%
72. At the Trenchard Oaks apartment complex, a two-bedroom apartment costs 50% more to rent than a
one-bedroom apartment. If Alex were to rent a two-bedroom apartment for x months it would cost
him the same amount as it would to rent a one-bedroom for 12 months. What is x ?
A. 6
B. 8
C. 9
D. 10
E. 18

73. When a computer is rented from store X, there is an initial fee of $80 and an additional rate of $20
per day. When a computer is rented from store Y, there is an initial fee of $180 and a daily computer
rental rate of $17. If the cost of renting a computer for n days from store Y is 125% of the cost of
renting from store X, what is the value of n?
(A) 5
(B) 8
(C) 10
(D) 13
(E) 25

74. In 2008, a certain factory produced 25% more widgets than it did in 2007. In 2009 the company’s
production of widgets was 120% of its production in 2008. By approximately what percent would its
production need to decrease the following year for the factory to produce the same number of
widgets it did in 2007?
A. 33%
B. 45%
C. 50%
D. 64%
E. 67%

75. In Country C, the unemployment rate among construction workers dropped from 16 percent on
September 1, 1992, to 9 percent on September 1, 1996. If the number of construction workers was
20 percent greater on September 1, 1996, than on September 1, 1992, what was the approximate
percent change in the number of unemployed construction workers over this period?
(A) 50% decrease
(B) 30% decrease
(C) 15% decrease
(D) 30% increase
(E) 55% increase