I received a PM asking me to comment. I like the "variable induced coma" acronym a lot better.
If you pick numbers for a VIC, and the problem says something like "x percent of blah blah blah" then you literally pick something for x and x alone. If I say x=25, then every place in the problem where it says x, I now read that as 25 instead - literally pretend the problem no longer says x anywhere, in the text or in the answers. Instead, it says 25.
So I'd re-read the problem and it would actually say "25 percent of blah blah blah" - I'm ONLY substituting for the variable itself, not for the other words / concepts in the problem. When you do the math for that problem, you will actually use 25 as a percent, because that's what the problem tells you to do (since the word "percent" is in the problem after the number 25).
Eg, on the original VIC posted here:
z = 10
x = 40
y = 50
Go back and re-read the problem right now, substituting in the above values for the variables ONLY - notice that the word "percent" is still in the problem. Now do the math and notice that you will actually use those numbers above as percentages, once you do the math itself!
Started out costing $10. Then price raised 40 percent, so 10+ 10*(40/100) = 14. Then price decreased 50 percent, so 14 - (14)(50/100) = 7. Final price is 7. Go to my answers and plug in the values for the variables ONLY again:
A: [10,000(10) + (100)(10)(-10) - (10)(40)(50)]/10000 let's get rid of three zeroes first: [(10)(10) + (1)(1)(-10) - (1)(4)(5)]/10 = (100 - 10 - 20)/10 = 70/10 = 7. Bingo.
Now, use your knowledge that A did work to eliminate some other choices.
B is identical to A, except that it says y-x instead of x-y. Is that going to give you the exact same answer? No. B is wrong.
C is identical to A, except that the opening term (10,000z) is missing. That's also not going to give you the same answer, then.
D combines the two errors introduced in B and C. Unlikely to work, though you can check it if you want.
E: (10,000) / [(100)(50)(10) + (40)(50)] Denominator is bigger than numerator, so can't be 7.
As some people have noted above, if you don't have variables in the answers, then you don't pick numbers anyway - so the above doesn't matter. There, you either need to write out an equation and solve (and, yes, you'd write out the equation using the /100) or you'd use the answer choices to work backwards (in which case you may or may not have to write out an equation with something over 100).
Oh, and that problem about Jones elementary - it's not a typo. Part of the trick to the problem is that the number of total students is the same number used to describe the "x percent of boys" part of the problem.
90 = (x/100)B
B = 0.4x
two equations, two variables - plug and chug!