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Question

I saw a book marked at ₹ 200 yesterday. I had ₹ 160 with me. What percentage of the existing amount would I require more to purchase that book?

A
20%
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B
15%
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C
25%
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D
12%
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Solution

The correct option is C 25%
The money I have is ₹ 160. The book costs ₹ 200. To match the price of the book, I need ₹ (200 - 160) = ₹ 40.

Now, we need to find what percentage of 160 is 40.
Let that unknown quantity be x.

Now,
40160=x100

x=40×100160=25

Hence, ₹ 40 is 25% of ₹ 160.

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