Subject

    Bank Exam

    Topic

    City Bank Ltd. 2011 (PO)

    Which of the following fractions is the equivalent of 5%?

    ক)
    1/20
    খ)
    1/200
    গ)
    1/5000
    ঘ)
    1/2000

    Explanation

    To change percent into fraction, take out the percent symbol and divide it by 100.  So,  0.5% becomes 0.5/100  Now, move the decimal place to the right in the numerator and the denominator until you have rid the fraction of decimals.  So,  0.5/100 becomes 5/1000  The number of times you move the decimal place in the numerator is equal to the number of zeros you add in the denominator.  Then reduce:  5/1000 = 1/200  (divide both numerator and denominator by common factor 5)

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