Three or More Percentage MCQ Quiz - Objective Question with Answer for Three or More Percentage - Download Free PDF
Last updated on Jun 11, 2025
Latest Three or More Percentage MCQ Objective Questions
Three or More Percentage Question 1:
A building of initial value Rs. 31,25,000 depreciates in its value every year at the rate of 4% on its value at the beginning of the year. If Rs. x is the value of the building at the end of 3 years and Rs. y is the value of the land which appreciates at the rate of 5% compoundingly and the value of the land initially is Rs 32,00,000 then y - x =
Answer (Detailed Solution Below)
Three or More Percentage Question 1 Detailed Solution
Given:
Initial value of building (Pbuilding) = ₹31,25,000
Depreciation rate of building (rbuilding) = 4%
Time (tbuilding) = 3 years
Initial value of land (Pland) = ₹32,00,000
Appreciation rate of land (rland) = 5%
Time (tland) = 3 years
Formula used:
For depreciation: A = P × (1 - r/100)t
For appreciation: A = P × (1 + r/100)t
Calculations:
For building value after 3 years (x):
Abuilding = Pbuilding × (1 - rbuilding/100)tbuilding
⇒ Abuilding = 31,25,000 × (1 - 4/100)3
⇒ Abuilding = 31,25,000 × (0.96)3
⇒ Abuilding = ₹27,64,800
For land value after 3 years (y):
Aland = Pland × (1 + rland/100)tland
⇒ Aland = 32,00,000 × (1 + 5/100)3
⇒ Aland = 32,00,000 × (1.05)3
⇒ Aland = ₹37,04,400
Difference (y - x):
y - x = Aland - Abuilding
⇒ y - x = 37,04,400 - 27,64,800 = ₹9,39,600
∴ The correct answer is option (2).
Three or More Percentage Question 2:
An investor, invested ₹2,00,000 in shares. The shares rose by 18% on the first day, fell by 15% on the second day, and then fell by 3% on the third day. What is the net percentage increase or decrease in the value of the investor's shares? (Rounded up to one decimal place)
Answer (Detailed Solution Below)
Three or More Percentage Question 2 Detailed Solution
Given:
Initial investment = ₹2,00,000
First day increase = 18%
Second day decrease = 15%
Third day decrease = 3%
Formula Used:
New Value = Initial Value × (1 + Percentage Change/100)
Net Percentage Change = [(Final Value - Initial Value) / Initial Value] × 100
Calculation:
Value after the first day:
⇒ ₹2,00,000 × (1 + 18/100)
⇒ ₹2,00,000 × 1.18
⇒ ₹2,36,000
Value after the second day:
⇒ ₹2,36,000 × (1 - 15/100)
⇒ ₹2,36,000 × 0.85
⇒ ₹2,00,600
Value after the third day:
⇒ ₹2,00,600 × (1 - 3/100)
⇒ ₹2,00,600 × 0.97
⇒ ₹1,94,582
Net Percentage Change:
⇒ [(₹1,94,582 - ₹2,00,000) / ₹2,00,000] × 100
⇒ [-₹5,418 / ₹2,00,000] × 100
⇒ -2.709%
Rounded to one decimal place:
⇒ -2.7%
The net percentage decrease in the value of the investor's shares is 2.7%.
Three or More Percentage Question 3:
A number is first increased by 12% and then increased by 23%. The number, so obtained, is now decreased by 34%. What is the net increase or decrease percent in the original number (nearest to an integer)?
Answer (Detailed Solution Below)
Three or More Percentage Question 3 Detailed Solution
Given:
A number is increased by 12%, then by 23%, and then decreased by 34%.
Formula Used:
For successive percentage changes:
Final Value = Initial Value × (1 + Percentage Change/100)n
Calculation:
Let the initial number be 100 (for simplicity).
After a 12% increase:
New Value = 100 × (1 + 12/100)
⇒ New Value = 100 × 1.12
⇒ New Value = 112
After a 23% increase:
New Value = 112 × (1 + 23/100)
⇒ New Value = 112 × 1.23
⇒ New Value = 137.76
After a 34% decrease:
New Value = 137.76 × (1 - 34/100)
⇒ New Value = 137.76 × 0.66
⇒ New Value = 90.9216
Net change in value = Final Value - Initial Value
Net change in value = 90.9216 - 100
Net change in value = -9.0784
Net percentage change = (Net change in value / Initial Value) × 100
Net percentage change = (-9.0784 / 100) × 100
Net percentage change = -9.0784%
The net decrease percent in the original number is appro×imately 9%.
Three or More Percentage Question 4:
A number is first increased by 22% and then increased by 18%. The number, so obtained, is now decreased by 30% What is the net increase or decrease percent in the original number (nearest to an integer)?
Answer (Detailed Solution Below)
Three or More Percentage Question 4 Detailed Solution
Given:
The number first increased by 22%.
then same increased by 18%.
The number, so obtained, is now decreased by 30%
Calculation:
Let the number be 100x
The number first increased by 22%.
⇒ \(100x \times \dfrac{122}{100} \) = 122x
Now the same increased by 18%.
⇒ \(122x \times \dfrac{118}{100} \) = 143.96x
Now decreased by 30%.
⇒ \(143.96x \times \dfrac{70}{100} \) = 100.77x
Net increase or decrease percent in the original number.
Top Three or More Percentage MCQ Objective Questions
A building of initial value Rs. 31,25,000 depreciates in its value every year at the rate of 4% on its value at the beginning of the year. If Rs. x is the value of the building at the end of 3 years and Rs. y is the value of the land which appreciates at the rate of 5% compoundingly and the value of the land initially is Rs 32,00,000 then y - x =
Answer (Detailed Solution Below)
Three or More Percentage Question 5 Detailed Solution
Download Solution PDFGiven:
Initial value of building (Pbuilding) = ₹31,25,000
Depreciation rate of building (rbuilding) = 4%
Time (tbuilding) = 3 years
Initial value of land (Pland) = ₹32,00,000
Appreciation rate of land (rland) = 5%
Time (tland) = 3 years
Formula used:
For depreciation: A = P × (1 - r/100)t
For appreciation: A = P × (1 + r/100)t
Calculations:
For building value after 3 years (x):
Abuilding = Pbuilding × (1 - rbuilding/100)tbuilding
⇒ Abuilding = 31,25,000 × (1 - 4/100)3
⇒ Abuilding = 31,25,000 × (0.96)3
⇒ Abuilding = ₹27,64,800
For land value after 3 years (y):
Aland = Pland × (1 + rland/100)tland
⇒ Aland = 32,00,000 × (1 + 5/100)3
⇒ Aland = 32,00,000 × (1.05)3
⇒ Aland = ₹37,04,400
Difference (y - x):
y - x = Aland - Abuilding
⇒ y - x = 37,04,400 - 27,64,800 = ₹9,39,600
∴ The correct answer is option (2).
Three or More Percentage Question 6:
A number is first increased by 12% and then increased by 23%. The number, so obtained, is now decreased by 34%. What is the net increase or decrease percent in the original number (nearest to an integer)?
Answer (Detailed Solution Below)
Three or More Percentage Question 6 Detailed Solution
Given:
A number is increased by 12%, then by 23%, and then decreased by 34%.
Formula Used:
For successive percentage changes:
Final Value = Initial Value × (1 + Percentage Change/100)n
Calculation:
Let the initial number be 100 (for simplicity).
After a 12% increase:
New Value = 100 × (1 + 12/100)
⇒ New Value = 100 × 1.12
⇒ New Value = 112
After a 23% increase:
New Value = 112 × (1 + 23/100)
⇒ New Value = 112 × 1.23
⇒ New Value = 137.76
After a 34% decrease:
New Value = 137.76 × (1 - 34/100)
⇒ New Value = 137.76 × 0.66
⇒ New Value = 90.9216
Net change in value = Final Value - Initial Value
Net change in value = 90.9216 - 100
Net change in value = -9.0784
Net percentage change = (Net change in value / Initial Value) × 100
Net percentage change = (-9.0784 / 100) × 100
Net percentage change = -9.0784%
The net decrease percent in the original number is appro×imately 9%.
Three or More Percentage Question 7:
An investor, invested ₹2,00,000 in shares. The shares rose by 18% on the first day, fell by 15% on the second day, and then fell by 3% on the third day. What is the net percentage increase or decrease in the value of the investor's shares? (Rounded up to one decimal place)
Answer (Detailed Solution Below)
Three or More Percentage Question 7 Detailed Solution
Given:
Initial investment = ₹2,00,000
First day increase = 18%
Second day decrease = 15%
Third day decrease = 3%
Formula Used:
New Value = Initial Value × (1 + Percentage Change/100)
Net Percentage Change = [(Final Value - Initial Value) / Initial Value] × 100
Calculation:
Value after the first day:
⇒ ₹2,00,000 × (1 + 18/100)
⇒ ₹2,00,000 × 1.18
⇒ ₹2,36,000
Value after the second day:
⇒ ₹2,36,000 × (1 - 15/100)
⇒ ₹2,36,000 × 0.85
⇒ ₹2,00,600
Value after the third day:
⇒ ₹2,00,600 × (1 - 3/100)
⇒ ₹2,00,600 × 0.97
⇒ ₹1,94,582
Net Percentage Change:
⇒ [(₹1,94,582 - ₹2,00,000) / ₹2,00,000] × 100
⇒ [-₹5,418 / ₹2,00,000] × 100
⇒ -2.709%
Rounded to one decimal place:
⇒ -2.7%
The net percentage decrease in the value of the investor's shares is 2.7%.
Three or More Percentage Question 8:
A building of initial value Rs. 31,25,000 depreciates in its value every year at the rate of 4% on its value at the beginning of the year. If Rs. x is the value of the building at the end of 3 years and Rs. y is the value of the land which appreciates at the rate of 5% compoundingly and the value of the land initially is Rs 32,00,000 then y - x =
Answer (Detailed Solution Below)
Three or More Percentage Question 8 Detailed Solution
Given:
Initial value of building (Pbuilding) = ₹31,25,000
Depreciation rate of building (rbuilding) = 4%
Time (tbuilding) = 3 years
Initial value of land (Pland) = ₹32,00,000
Appreciation rate of land (rland) = 5%
Time (tland) = 3 years
Formula used:
For depreciation: A = P × (1 - r/100)t
For appreciation: A = P × (1 + r/100)t
Calculations:
For building value after 3 years (x):
Abuilding = Pbuilding × (1 - rbuilding/100)tbuilding
⇒ Abuilding = 31,25,000 × (1 - 4/100)3
⇒ Abuilding = 31,25,000 × (0.96)3
⇒ Abuilding = ₹27,64,800
For land value after 3 years (y):
Aland = Pland × (1 + rland/100)tland
⇒ Aland = 32,00,000 × (1 + 5/100)3
⇒ Aland = 32,00,000 × (1.05)3
⇒ Aland = ₹37,04,400
Difference (y - x):
y - x = Aland - Abuilding
⇒ y - x = 37,04,400 - 27,64,800 = ₹9,39,600
∴ The correct answer is option (2).
Three or More Percentage Question 9:
A number is first increased by 22% and then increased by 18%. The number, so obtained, is now decreased by 30% What is the net increase or decrease percent in the original number (nearest to an integer)?
Answer (Detailed Solution Below)
Three or More Percentage Question 9 Detailed Solution
Given:
The number first increased by 22%.
then same increased by 18%.
The number, so obtained, is now decreased by 30%
Calculation:
Let the number be 100x
The number first increased by 22%.
⇒ \(100x \times \dfrac{122}{100} \) = 122x
Now the same increased by 18%.
⇒ \(122x \times \dfrac{118}{100} \) = 143.96x
Now decreased by 30%.
⇒ \(143.96x \times \dfrac{70}{100} \) = 100.77x
Net increase or decrease percent in the original number.