1

1. 1990/II/14
Find the amount (correct to the nearest dollar) of $10 000 at 12% p.a., compounded monthly, for 2 years.
A. 10 201 B. 12 400 C. 12 544 D. 12 697 E. 151 786

2. 1990/II/15
If a flat is sold for $720 000, the gain is 20%. Find the percentage loss if the flat is sold for $540 000.
A. 5% B. 6
4
1
% C. 10% D. 11
9
1
% E. 33
3
1
%

3. 1990/II/42
If A is 30% greater than B and B is 30% less than C, then
A. A is 9% less than C B. C is 9% less than A C. A = C
D. A is 9% greater than C E. C is 9% greater than A

4. 1991/II/11
A blanket loses 10% of its length and 8% of its width after washing. The percentage loss in area is
A. 18.8% B. 18% C. 17.2% D. 9% E. 8%

5. 1991/II/15
A man borrows $10 000 from a bank at 12% per annum compounded monthly. He repays the bank $2000 at the
end of each month. How much does he still owe the bank just after the second repayment?
A. $6 181 B. $6 200 C. $6 201 D. $8 304 E. $8 400

6. 1991/II/43
P sold an article to Q at a profit of 25%. Q sold it to R also at a profit of 25%. If Q gained $500, how much
did P gain(in $)?
A. 250 B. 320 C. 333 D. 400 E. 500

7. 1992/II/12
A sum of $10000 is deposited at 4% p.a., compounded yearly. Find the interest earned in the second year.
A. $16 B. $400 C. $416 D. $800 E. $816

8. 1992/II/44
By selling an article at 10% discount off the marked price, a shop still makes 20% profit. If the cost price
of the article is $19800, then the marked price is
A. $21600 B. $26136 C. $26400 D. $27225 E. $27500



HKCEE MATHEMATICS | 1 Percentages | P.1

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9. 1993/II/18
A merchant marks his goods 25% above the cost. He allows 10% discount on the marked price for a cash sale.
Find the percentage profit the merchant makes for a cash sale.
A. 12.5% B. 15% C. 22.5% D. 35% E. 37.5%

10. 1993/II/43
Which of the following gives the compound interest on $10000 at 6% p.a. for one year, compounded monthly?
A. 12
12
06 . 0
10000 $ B. ( ) 1 06 . 1 10000 $
12
C.
12
12
06 . 0
1 10000 $

+
D.
1
1
]
1

\
|
+ 1
12
06 . 0
1 10000 $
12
E.
1
1
]
1

\
|
+ 1
12
6 . 0
1 10000 $
12


11. 1993/II/44
Originally
3
2
of the students in a class failed in an examination. After taking a re-examination, 40% of the failed
students passed. Find the total pass percentage of the class.
A. %
3
2
26 B. %
3
1
33 C. 40% D. 60% E. %
3
1
73

12. 1994/II/9
Mr. Chan bought a car for $143 900. If the value of the car goes down by 10% each year, find its value at the
end of the third year. (Give your answer correct to the nearest hundred dollars.)
A. $94 400 B. $100 700 C. $104 900 D. $115 100 E. $116 600

13. 1994/II/10
A wholesaler sells an article to a retailer at a profit of 20%. The retailer sells it to a customer for $3 600 at a
profit of $720. Find the original cost of the article to the wholesaler.
A. $2 304 B. $2 400 C. $2 880 D. $3 000 E. $3 456

14. 1995/II/13
Find the interest on P $ at % r p.a. for n years, compounded half-yearly.
A. ( ) P r P
n
$ % 2 1 $ + B. ( ) P r P
n
$ % 1 $ + C. ( ) P r P
n
$ % 1 $
2
+
D. P
r
P
n
$ %
2
1 $

+ E. P
r
P
n
$ %
2
1 $
2

+

HKCEE MATHEMATICS | 1 Percentages | P.2

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15. 1995/II/44
The marked price of a toy is $120 and the percentage profit is 60%. If the toy is sold at a discount of 20%, the
profit is
A. $14.40 B. $21.00 C. $24.00 D. $33.60 E. $48.00

16. 1996/II/14
Shop A offers a 10% discount on a book marked at $P. Shop B offers a 15% discount on the same book marked
at $Q. If the selling price of the book is the same in both shops, express Q in terms of P.
A. Q = P + 5 B. Q =
17
18
P C. Q =
20
21
P D. Q =
21
20
P E. Q =
18
17
P

17. 1996/II/43
The length of a rectangle is decreased by 20%. If the area remains unchanged, find the percentage increase of its
width.
A.
1
1 %
4
B.
1
12 %
2
C.
2
16 %
3
D. 20 % E. 25 %

18. 1997/II/10
There are 1 200 students in a school, of which 640 are boys and 560 are girls. If 55% of the boys and 40% of the
girls wear glasses, what percentage of students in the school wear glasses?
A. 47% B. 47.5% C. 48% D. 52% E. 53%

19. 1997/II/38
Find the interest on $10 000 at 16% per annum for 2 years, compounded half-yearly. Give the answer correct to
the nearest dollar.
A. $1 664 B. $3 456 C. $3 605 D. $7 424 E. $8 106

20. 1998/II/14
A man bought a box of 200 apples for $ 500. 10 of the apples were rotten and the rest were sold at $ 4 each. Find
his percentage profit correct to 2 significant figures.
A. 34% B. 38% C. 52% D. 57% E. 60%

21. 1999/II/11
In a class, students study either History or Geography, but not both. If the number of students studying Geography
is 50% more than those studying History, what is the percentage of students studying History?
A. 25% B. 33
1
3
% C. 40% D. 60% E. 66
2
3
%


HKCEE MATHEMATICS | 1 Percentages | P.3

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22. 2000/II/14
A man bought two books at $30 and $70 respectively. He sold the first one at a profit of 20% and the second
one at a loss of 10%. On the whole, he
A. lost 1% B. lost 10% C. gained 1% D. gained 10% E. gained 13%

23. 2001/II/16
A bank offers loans at an interest rate of 18% per annum, compounded monthly. A man took a loan of $20 000
and repays the bank in monthly installments of $ 4 000. Find the outstanding balance after his first installment.
A. $16 000 B. $16 240 C. $16 300 D. $18 880 E. $19 600

24. 2001/II/27
40% of the students in a class failed in a test. They had to sit for another test in which 70% of them failed
again. Find the percentage of students who failed in both tests.
A. 10% B. 12% C. 18% D. 28% E. 30%

25. 2002/II/12
The simple interest on a sum of money at r% p.a. for 4 years is equal to the compound interest on the same
amount at 4% p.a. for 4 years compounded half-yearly. The value of r, correct to 2 significant figures, is
A. 2.1 B. 4.2 C. 4.3 D. 9.2

26. 2002/II/14
The cost price of a toy is $100 and the marked price is $140. If the toy is sold at 10% discount of the marked
price, the profit is
A. $26 B. $30 C. $36 D. $50

27. 2003/II/11
Johns daily working hours have increased from 8 hours to 10 hours but his hourly pay has decreased by 25%.
Find the percentage change in Johns daily income.
A. A decrease of 6.67% B. A decrease of 6.25% C. 0% D. An increase of 6.67%

28. 2003/II/12
A sum of $8 000 is deposited at 1% p.a., compounded yearly. Find the interest earned after 4 years. Give the
answer correct to the nearest dollar.
A. $ 303 B. $ 320 C. $ 324 D. $ 325

29. 2004/II/12
The marked price of a book is 20% above the cost. If the book is sold at a 10% discount on the marked price, then
the percentage profit is
A. 2% B. 8% C. 10% D. 18%



HKCEE MATHEMATICS | 1 Percentages | P.4

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30. 2005/II/12
Peter sold two flats for $ 999 999 each. He lost 10% on one and gained 10% on the other. After the two
transactions, Peter
A. gained $ 10 101 B. gained $ 20 202 C. lost $ 10 101 D. lost $ 20 202

31. 2006/II/10
The marked price of a car is 50% higher than the cost. If the car is sold at a 20% discount on the marked price,
then the percentage profit is
A. 10% B. 20% C. 30% D. 40%

32. 2006/II/11
A sum of $ 14 000 is deposited at 4% per annum for 5 years, compounded yearly. Find the interest correct to
the nearest dollar.
A. $ 2 378 B. $ 2 800 C. $ 3 033 D. $ 3 034

33. 2007/II/10
If the bus fare is increased from $ 4 to $ 5, then the percentage increase of the fare is
A. 20% B. 25% C. 80% D. 125%

34. 2007/II/11
A sum of $ 30 000 is deposited at an interest rate of 12% per annum for 4 years, compounded monthly.
Find the amount correct to the nearest dollar.
A. $ 44 400 B. $ 47 206 C. $ 48 141 D. $ 48 367

35. 2008/II/12
The marked price of a bag is $ 900. If the bag is sold at the marked price, then the percentage profit is 50%.
If the bag is sold at a 20% discount on the marked price, then the profit is
A. $ 120 B. $ 180 C. $ 210 D. $ 270
HKCEE MATHEMATICS | 1 Percentages | P.5