
Learn core concepts, essential formulas, and attempt practice questions designed on the latest TCS NQT testing patterns.
If the price of sugar increases by 25%, by what percent must a household reduce its consumption to keep the expenditure same?
Correct Answer: A) 20%
Step-by-step Solution: Reduction in consumption = [x / (100 + x)] * 100% = [25 / 125] * 100 = 20%.
A salary is first increased by 10% and then decreased by 10%. What is the net change in salary?
Correct Answer: A) 1% decrease
Step-by-step Solution: Net Change = x - y - (xy / 100)% = 10 - 10 - (10 * 10 / 100) = -1%. A negative sign indicates a decrease of 1%.
Remember that successive percentage changes are not simple additions.