If salary of X is 20% more than salary of Y, then by how much percentage is salary of Y less than X?
- AOption (a)
25
- BOption (b)
20
- COption (c)
\(\frac{50}{3}\)
- DOption (d)
\(\frac{65}{4}\)
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Correct answer
\(\frac{50}{3}\)
Why this answer is correct
Shortcut Trick
Use the direct formula for percentage less: [r ÷ (100 + r)] × 100
Given r = 20%
⇒ Required % = [20 ÷ (100 + 20)] × 100
⇒ Required % = [20 ÷ 120] × 100 = 100 ÷ 6 = 50 ÷ 3
∴ The correct answer is 50/3 %.
Alternate Method
Given:
Let the salary of Y be 100.
Salary of X is 20% more than Y.
⇒ Salary of X = 100 + 20% of 100 = 120
Calculations:
Difference between salaries = 120 − 100 = 20
Percentage by which Y is less than X = (Difference ÷ Salary of X) × 100
⇒ Required % = (20 ÷ 120) × 100
⇒ Required % = (1 ÷ 6) × 100
⇒ Required % = 50 ÷ 3
∴ The correct answer is 50/3 %.
Additional Information
Percentage Increase/Decrease Formula
If A is r% more than B, then B is less than A by [r ÷ (100 + r)] × 100%.
Inverse Case
If A is r% less than B, then B is more than A by [r ÷ (100 − r)] × 100%.
Fraction Conversion
20% = 1/5. If X is 1/5 more than Y, then Y is 1/(5+1) = 1/6 less than X. 1/6 = 16.66% or 50/3%.