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 =

  1. 609700
  2. 939600
  3. 600000
  4. 508900

Answer (Detailed Solution Below)

Option 2 : 939600

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)

  1. increase by 2.2%
  2. increase by 2.7%
  3. decrease by 2.7%
  4. decrease by 2.2%

Answer (Detailed Solution Below)

Option 3 : decrease by 2.7%

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)?

  1. 10% increase
  2. 9% decrease
  3. 10% decrease
  4. 9% increase

Answer (Detailed Solution Below)

Option 2 : 9% decrease

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)?

  1. 1% increase
  2. 7% increase
  3. 3% decrease
  4. 1% decrease

Answer (Detailed Solution Below)

Option 1 : 1% increase

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.

⇒ 100.77x - 100x = .77x  \(\simeq \) 1 % increase.
 
The correct answer is 1% increase

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 =

  1. 609700
  2. 939600
  3. 600000
  4. 508900

Answer (Detailed Solution Below)

Option 2 : 939600

Three or More Percentage Question 5 Detailed Solution

Download Solution PDF

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 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)?

  1. 10% increase
  2. 9% decrease
  3. 10% decrease
  4. 9% increase

Answer (Detailed Solution Below)

Option 2 : 9% decrease

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)

  1. increase by 2.2%
  2. increase by 2.7%
  3. decrease by 2.7%
  4. decrease by 2.2%

Answer (Detailed Solution Below)

Option 3 : decrease by 2.7%

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 =

  1. 609700
  2. 939600
  3. 600000
  4. 508900

Answer (Detailed Solution Below)

Option 2 : 939600

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)?

  1. 1% increase
  2. 7% increase
  3. 3% decrease
  4. 1% decrease

Answer (Detailed Solution Below)

Option 1 : 1% increase

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.

⇒ 100.77x - 100x = .77x  \(\simeq \) 1 % increase.
 
The correct answer is 1% increase
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