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IIFT Percentages — practice questions — page 2

Explore 60 free Percentages questions in IIFT Quantitative Aptitude. Open each question or exercise to read its content, reference answers and available explanation.

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Percentages questions and exercises with answers

Showing questions 31–60 of 60.

In a percent problem, the word of tells you to:Read the answer and worked solution →Written as a decimal, 4.5% is:Read the answer and worked solution →To find a percent increase, first find the amount of increase, which is:Read the answer and worked solution →Community college fees rose from $26 a unit to $36 a unit. The amount of increase is:Read the answer and worked solution →A gallon of gas fell from $3.71 in June to $3.64 in July. The amount of decrease is:Read the answer and worked solution →Money a customer puts into a bank is called the:Read the answer and worked solution →Interest found from I equals P times r times t is called:Read the answer and worked solution →Nathaly deposits $12,500 at 4% simple interest. In 5 years she earns:Read the answer and worked solution →Loren lent his brother $3,000 and got back $660 in interest after 4 years. The rate was:Read the answer and worked solution →Eduardo paid $6,596.25 in interest at 7.5% over 5 years. He borrowed:Read the answer and worked solution →A sale price should always be:Read the answer and worked solution →Elise buys a dress discounted 35% off an original price of $140. The discount is:Read the answer and worked solution →After a $49 discount on a $140 dress, the sale price is:Read the answer and worked solution →Jeannette buys a $31 swimsuit at a sale price of $13.95. The amount of discount is:Read the answer and worked solution →With a $17.05 discount on a $31 swimsuit, the discount rate is:Read the answer and worked solution →The price a retailer pays for an item is called the:Read the answer and worked solution →The list price should always be:Read the answer and worked solution →Adam buys a photograph at $250 and marks it up 40%. The mark-up is:Read the answer and worked solution →With a $100 mark-up on a $250 photograph, the list price is:Read the answer and worked solution →Jim's music store buys a guitar at $1,200 and marks it up 50%. The mark-up is:Read the answer and worked solution →Sergio buys a belt discounted 40% from an original price of $29. The discount is:Read the answer and worked solution →Oscar buys a barbecue discounted 65% from an original price of $395. The sale price is:Read the answer and worked solution →Catch the price cuttersRead the answer and worked solution →Pop the money wordsRead the answer and worked solution →Run the price numbersRead the answer and worked solution →Slice the percent wordsRead the answer and worked solution →Discount or mark-upRead the answer and worked solution →Sort discount, mark-up and interestRead the answer and worked solution →Type the numberRead the answer and worked solution →Percent bingoRead the answer and worked solution →

Worked practice questions

In a percent problem, the word of tells you to:

  1. Multiply
  2. Subtract
  3. Simplify
  4. Estimate
Show answer and solution

Correct answer: A. Multiply

1. Translate the words into algebra. 2. Of means multiply and is means equals. 3. So 35 percent of 90 is 0.35 times 90. _Source: OpenStax Elementary Algebra 2e, Chapter 3, Solve Percent Applications (CC BY 4.0)._

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Written as a decimal, 4.5% is:

  1. 45.0
  2. 0.045
  3. 0.45
  4. 4.50
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Correct answer: B. 0.045

1. Divide the percent by 100. 2. 4.5 over 100 is 0.045. 3. Move the point two places left. _Source: OpenStax Elementary Algebra 2e, Chapter 3, Solve Percent Applications (CC BY 4.0)._

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To find a percent increase, first find the amount of increase, which is:

  1. New amount minus original
  2. Original amount minus new
  3. New amount times original
  4. Original divided by new
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Correct answer: A. New amount minus original

1. Compare the two amounts. 2. Subtract the original from the new. 3. Then find what percent that is of the original. _Source: OpenStax Elementary Algebra 2e, Chapter 3, Solve Percent Applications (CC BY 4.0)._

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More Quantitative Aptitude topics

Quantitative AptitudeNumber SystemAlgebraGeometry & MensurationProfit and LossRatio and ProportionSimple InterestAverages