GMAT Math : Percents

Study concepts, example questions & explanations for GMAT Math

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Example Questions

Example Question #81 : Arithmetic

An elementary school was polled to find out what the children's favorite foods were. When asked what their favorite foods were, 42 students said pizza. 33 students said cheeseburgers, 12 students said hot dogs, 10 students said chicken nuggets, and the remaining 18 students filled in other various answers. What percentage of the students had pizza as their favorite food?

Possible Answers:

40.5%

39%

42%

33.3%

36.5%

Correct answer:

36.5%

Explanation:

To calculate the percentage of students who chose pizza as their favorite food, you take the number of students who chose pizza and divide by the total number of students. So first, we must calculate the total number of students. Which is simply \(\displaystyle 42+33+12+10+18=115\) total sudents.

So,

\(\displaystyle \frac{42}{115} = .365\)

Multiply our result by 100 to get into percentage form we get 36.5% 

 

Example Question #82 : Arithmetic

Let \(\displaystyle N\) be a positive real number. In terms of \(\displaystyle N\), what percent of 20 is \(\displaystyle N\)?

Possible Answers:

\(\displaystyle 5N\) %

\(\displaystyle \frac{N}{2}\) %

\(\displaystyle \frac{2N}{5}\) %

\(\displaystyle \frac{N}{5}\) %

\(\displaystyle 2N\) %

Correct answer:

\(\displaystyle 5N\) %

Explanation:

Set up a proportion statement.

\(\displaystyle \frac{P}{100} = \frac{N}{20}\)

Solve for \(\displaystyle P\):

\(\displaystyle \frac{P}{100} \cdot 100 = \frac{N}{20}\cdot 100\)

\(\displaystyle P = 5N\)

Example Question #11 : Percents

A number is divided by 6; its decimal point is then moved to the left one place. This is the same as taking what percent of the number?

Possible Answers:

\(\displaystyle \frac{3}{5}\) %

\(\displaystyle \frac{3}{50}\) %

\(\displaystyle 6\) %

 \(\displaystyle 1 \frac{2}{3}\) %

\(\displaystyle \frac{1}{6}\) %

Correct answer:

 \(\displaystyle 1 \frac{2}{3}\) %

Explanation:

Dividing the number by 6 is the same as multiplying it by \(\displaystyle \frac{1}{6}\). Moving the decimal point left one digit is dividing it by ten, or multiplying it by \(\displaystyle \frac{1}{10}\). The two actions together amount to multiplying the number by \(\displaystyle \frac{1}{6} \cdot \frac{1}{10} = \frac{1}{60}\).

To find its percent equivalent, multiply by 100:

\(\displaystyle \frac{1}{60} \cdot 100 = \frac{1}{60} \cdot \frac{100}{1} = \frac{1}{3} \cdot \frac{5}{1} = \frac{5}{3} = 1 \frac{2}{3}\)

The correct choice is \(\displaystyle 1 \frac{2}{3}\) % .

Example Question #12 : Percents

If 10 percent of \(\displaystyle x\) is 25 percent of half of \(\displaystyle y\), what is \(\displaystyle \frac{y}{x}\)?

Possible Answers:

\(\displaystyle \frac{3}{8}\)

\(\displaystyle \frac{4}{5}\)

\(\displaystyle \frac{3}{4}\)

\(\displaystyle \frac{5}{4}\)

\(\displaystyle \frac{8}{3}\)

Correct answer:

\(\displaystyle \frac{4}{5}\)

Explanation:

This is simply a matter of breaking down the problem.  10 percent of \(\displaystyle x\) is \(\displaystyle 0.1x\).

25 percent of (half of y) is 25 percent of \(\displaystyle 0.5y\) which is

\(\displaystyle .25\cdot 0.5y = \frac{y}{8}\).

Now we have these two being equal, so

\(\displaystyle \frac{x}{10} = \frac{y}{8}\)

or

\(\displaystyle 8x = 10y\)

giving

\(\displaystyle y= \frac{8x}{10} = \frac{4}{5}x\).

Finally,

\(\displaystyle \frac{y}{x}=\frac{\frac{4}{5}x}{x} = \frac{4}{5}\)

Example Question #12 : Percents

The Republic of Fredonia uses an unusual currency system. 14 fluts are equal to 1 glut, and 16 gluts are equal to 1 blut.

A hat that cost 14 gluts 10 fluts yesterday now costs an even 1 blut. To the nearest tenth of a percent, what percent markup does this represent? 

Possible Answers:

\(\displaystyle 8.0\) %

\(\displaystyle 12.5\) %

\(\displaystyle 11.9\) %

\(\displaystyle 8.7\) %

\(\displaystyle 10.0\) %

Correct answer:

\(\displaystyle 8.7\) %

Explanation:

This can be most easily done by looking at the current and former price in fluts.

The current price is 1 blut, or \(\displaystyle 1 \cdot 16 \cdot 14 = 224\) fluts.

Yesterday's price was 14 gluts 10 fluts, or \(\displaystyle 14 \cdot 14 + 10 = 206\) fluts.

This represents a markup of \(\displaystyle \frac{224-206}{206} \cdot100 \approx 8.7\) percent.

Example Question #1646 : Problem Solving Questions

Gary weighs 20 percent more than Harry who's weight is 80 percent of James' weight. If James weighs 172 pounds, how much would Gary weigh if he lost 12 pounds? (Rounded to the nearest pound). 

Possible Answers:

\(\displaystyle 206\ lbs.\)

\(\displaystyle 165\ lbs.\)

\(\displaystyle 153\ lbs.\)

\(\displaystyle 138\ lbs.\)

\(\displaystyle 194\ lbs.\)

Correct answer:

\(\displaystyle 153\ lbs.\)

Explanation:

If James weighs 172 pounds, and Harry weighs 80% of that, then

\(\displaystyle H = 0.8\times172\) \(\displaystyle = 137.6\) pounds. If Gary weighs 20% more than Harry, then

he is 120% Harry's weight \(\displaystyle = 1.2\times137.6=165.12\). If he loses 12 pounds,

he would weigh 153.12 or 153 pounds.

Example Question #13 : Percents

The price of an item is decreased by 10%, then by 20%, then by 30%. This is equivalent to doing what?

Possible Answers:

Decreasing the price by 50%.

Decreasing the price by 49.6%

Decreasing the price by 60%.

Decreasing the price by 40%

Decreasing the price by 50.4%

Correct answer:

Decreasing the price by 49.6%

Explanation:

Decreasing a price by 10%, then by 20%, then by 30% is equivalent to taking 90% of a price, then taking 80% of that, then taking 70% of that. That, in turn, is equivalent to multiplying the price by 0.90, then by 0.80, then by 0.70.

For simplicity's sake, assume the initial price was $100. Then we can calculate the final price as follows:

\(\displaystyle 100 \cdot 0.9 \cdot 0.8 \cdot 0.7 = 50.4\)

The final price is $50.40, so we essentially discounted the price by $49.60, which is 49.6%.

Example Question #14 : Percents

What is 15 percent of 80?

Possible Answers:

\(\displaystyle 24\)

\(\displaystyle 18\)

\(\displaystyle 12\)

\(\displaystyle 30\)

\(\displaystyle 6\)

Correct answer:

\(\displaystyle 12\)

Explanation:

This word problem can be written as

 \(\displaystyle x=\frac{15}{100}*80\)

Simplifying this, we get

 \(\displaystyle x=\frac{15}{100}*80 = \frac{3}{20}*80 = \frac{3}{1}*4=12\)

Example Question #15 : Percents

Square

Refer to the above figure. Each of the squares is of equal area. What percent of the figure is green?

Possible Answers:

\(\displaystyle 12 \%\)

\(\displaystyle 15 \%\)

\(\displaystyle 12 \frac{1}{2} \%\)

\(\displaystyle 16 \frac{2}{3} \%\)

\(\displaystyle 18 \%\)

Correct answer:

\(\displaystyle 15 \%\)

Explanation:

Out of the twenty squares, three are green; this is \(\displaystyle \frac{3}{20} = \frac{3}{20} \times 100 \% = 15\%\) of the region.

Example Question #17 : Percents

A number is multiplied by one-sixth; the product is divided by one-seventh; that quotient is multiplied by seven-tenths. What percent of the original number is the final result?

Possible Answers:

\(\displaystyle 166 \frac{2}{3} \%\)

\(\displaystyle 1 \frac{2}{3} \%\)

\(\displaystyle 8 \frac{1}{6} \%\)

\(\displaystyle 81 \frac{2}{3} \%\)

\(\displaystyle 16 \frac{2}{3} \%\)

Correct answer:

\(\displaystyle 81 \frac{2}{3} \%\)

Explanation:

The best way to do this is to start with 100 and to calculate the final result, which will be the correct answer.

The final result will be as follows:

\(\displaystyle 100 \cdot \frac{1}{6} \div \frac{1}{7} \cdot \frac{7}{10}\)

\(\displaystyle = \frac{100 }{1}\cdot \frac{1}{6} \cdot \frac{7}{1} \cdot \frac{7}{10}\)

\(\displaystyle = \frac{100 }{1}\cdot \frac{1}{6} \cdot \frac{7}{1} \cdot \frac{7}{10} = \frac{245}{3} = 81 \frac{2}{3}\)

The final number will be \(\displaystyle 81 \frac{2}{3} \%\) of the original number.

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