Percentage: Level 6
1.
Tom’s income is 25% more than Jerry’s. Jerry’s income is 20% less than Spike’s. Spike decides to give \(x\%\) of his income to Jerry so that Jerry’s new income is equal to Tom’s income. What is the value of \(x\)?
Solution (A):
Let Spike = 100.
Jerry = 20% less than Spike = 80.
Tom = 25% more than Jerry = \(1.25 \times 80 = 100\).
(So currently, Tom = 100, Jerry = 80, Spike = 100).
Goal: Jerry needs to equal Tom (100). Jerry needs \(100 – 80 = 20\) more.
Spike must give 20 to Jerry.
What percent of Spike’s income is 20?
\( \frac{20}{100} = 20\% \).
2.
If \(a\) is \(x\%\) more than \(b\), and \(b\) is \(x\%\) less than \(c\), and \(a = c > 0\), what is the value of \(x\)?
Solution (C):
1. \(b = c(1 – \frac{x}{100})\).
2. \(a = b(1 + \frac{x}{100})\).
3. Substitute \(b\): \(a = c(1 – \frac{x}{100})(1 + \frac{x}{100})\).
4. \(a = c(1 – \frac{x^2}{10000})\).
5. We are given \(a = c\).
6. \(c = c(1 – \frac{x^2}{10000})\). Divide by \(c\): \(1 = 1 – \frac{x^2}{10000}\).
7. \(0 = – \frac{x^2}{10000} \implies x = 0\).
If \(x=0\), there is no “more” or “less”. Usually, \(x\) implies a positive change. If \(x > 0\), this is mathematically impossible because increasing and decreasing by the same percent never returns to the original value (it always results in a lower value).
3.
A retailer sells two items for $99 each. On one, he makes a profit of 10%, and on the other, he incurs a loss of 10%. What is his net profit or loss on the total transaction?
Solution (B):
Selling Price (SP) = 99 for each.
Item 1 (Profit 10%): \(Cost \times 1.1 = 99 \implies Cost = 90\).
Item 2 (Loss 10%): \(Cost \times 0.9 = 99 \implies Cost = 110\).
Total Cost = \(90 + 110 = 200\).
Total Sales = \(99 + 99 = 198\).
Net Result = \(198 – 200 = -2\) (Loss of $2).
Score: 0 / 0
