Chapter 8 – Comparing Quantities Part -2 (NCERT / CBSE Solutions for Class 7 Maths)
In the previous article, we have discussed Equivalent ratio, conversion of a percentage into a decimal, and conversion of decimal into a percentage. Now, we will discuss the use of percentage.
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One way of comparing quantities is Percentage. Percentages are numerators of fractions with denominator 100. Percent means per hundred.
The boost or decline in certain quantity can be expressed in percentage. The profit or loss incurred in a certain operation can be expressed in terms of percentage. While computing interest on an amount borrowed, the rate of interest is given in terms of percents.
Interpreting percentages
We will learn about the use of percentages in our real life.
Let’s take an example:
5% of monthly income is saved for the new television. Let’s says monthly income is 10000 rupees.
5% of 10000=5/100*10000=Rs 500
It means Rs 5 save out of every 100 rupees earned.
Read complete NCERT Solutions for Class 7 Maths Chapter 8 Comparing Quantities
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