Percentage Study Notes for Banking Exams

By : Akash Mishra

Updated : Nov 17, 2021, 15:50

Percentage is a very important and scoring topic for all the aspirants preparing for banking exams. To clear banking and Government exams, your preparation must be excellent in all the percentage topics for bank exams, and you should appear for frequent percentage online tests for bank exams. Once you learn the percentage formula for bank exams well, then you can find percentage tricks for bank exams for solving percentage problems in bank exams easily.

Before appearing for the exam, find the percentage syllabus for bank exams and the percentage questions and answers pdf for bank exams online. You should prepare percentage notes for bank exams well and appear for the online percentage quiz for bank exams to get an idea of percentage questions and answers bank exams. The important banking exams that have this topic are SBI Clerk, SBI PO, IBPS Clerk, IBPS PO, RBI Grade A, B, IBPS RRB Clerk, PO, etc.

Important Percentage Topics for Banking Exams

Topic

Explanation

Percentage formula

The formula to determine the number of percentages is to divide the value by the number of total values and then multiply the result to 100.

Percentage of a number

To calculate the percentage of a number, the formula used is A% of Number = B. Here, B is the required percentage. When the % sign is removed, the above formula will be, A/100 * Number = B.

Converting fractions to percentage

The representation of a fraction is x/y.

When we multiply and divide the fraction, it will be x/y X 100/100

= (x/y X 100) 1/100.......(I)

As a result of the percentage, we will get 1/100 = 1%

So, equation (I) can also be written as x/y X 100%

Thus, by multiplying the given fraction with 100, it can be converted to a percentage.

Difference between percentage and percent

Percent (%) always goes with a number. For example, more than 70% of students were present at the function.

The percentage can be represented without a number. For example, the percentage of people affected by floods in Assam is between 70%-80%.

Percentage in Maths

Three variables of every percentage problem are - percentage, part, and base. For example, 50% of 400 is 100.

Here, 50 is the percent

400 is the base

100 is the part

Percentage tricks

An easy trick to calculate percentage is

a% of b = b% of a

Percentage example

The percentage of two quantities can be expressed on the basis of their ratio. For example, the number of mangoes and apples are given in the form of ratio as 6 is to 4.6 kg of mangoes and 4 kg of apples can be converted in percentage like 6/10 X 100 = 60

4/10 X 100 = 40

Tips to Solve/ Prepare Percentage Questions

  • During competitive banking exams, for faster calculations, try to remember the basic percentage values.
  • Always remember quality over quantity and avoid attempting uncertain questions.
  • In the quant section, attempt percentage problems first, as they take up only a few minutes to solve.
  • Practice regularly for 2 hours for a keen understanding of percentage topics.

Importance of Percentage in Quantitative Section of Competitive Banking & Government Exams

  • Percentage has a decent weightage in the Quantitative section.
  • Solving questions related to percentage requires less time.
  • Questions asked from percentage sections are not so tough, and with adequate practise, one can solve it easily.
  • Solving any problem using percentage is very easy. You only have to find out 100 % of a number, and ratio problems can be solved using percentages.

Most Recommended Books for Percentage

Countless books on percentage are published each year. The most popular among them are

Books

Authors

Fractions, Decimals, and Percents

Erin Muschla- Berry

Quantitative Aptitude

R S Aggarwal

Why Prepare the Percentage from BYJU'S Exam Prep?

Percentage questions are very important in the Quantitative Aptitude section. Questions from the Percentage section are asked in all the Government banking exams, and BYJU'S Exam Prep helps the candidates with shortcuts and tricks to solve percentage problems easily in less than a minute. The topic is very easy once you know the concept. Join BYJU'S Exam Prep and learn more about percentage and other topics online. The online tests and quizzes will help expand and sharpen your knowledge.

Frequently Asked Questions (FAQs) about Percentage Topics for Banking Exams

1- Can we give the bank exam before graduation?

No, you must complete graduation for banking exams.

2- What is the percentage formula for bank exams?

The formula to determine the number of percentages is to divide the value by the number of total values and multiply the result to 100.

3- How many questions from percentage are asked in banking exams?

4 to 5 questions from percentage are asked in banking exams.

4- What is the passing mark in the bank exam?

For the general category, 40% and backward class and PWDB 35% is necessary to pass.

5- Which exam should we give for banking?

IBPS is a common exam for all banking jobs.

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Akash MishraAkash MishraMember since Jul 2019