Comparing Quantities Class 7 Notes Maths Chapter 7

Students can go through AP 7th Class Maths Notes Chapter 5 Lines and Angles to understand and remember the concepts easily.

Class 7 Maths Chapter 5 Notes Lines and Angles

→ Percent is derived from Latin word “per centum” meaning “per hundred”.

→ Percent is represented by the symbol % and means hundredths too.

→ 2% means 2 out of hundred.

→ 1% = \(\frac{1}{100}\) = 0.01

→ Percentages are numerators of fractions with denominator 100.

Comparing Quantities Class 7 Notes Maths Chapter 7

→ 50% = \(\frac{1}{2}\)

→ \(\frac{1}{3}\) = 33\(\frac{1}{3}\)%

→ \(\frac{5}{4}\) = 125%

→ 0.75 = 75%

→ 0.2 = 20%

→ 3% means 3 parts out of 100.

→ Comparision of two quantities is called RATIO.

→ Ratio has no units.

→ Percentage increase = \(\frac{\text { Amount of change }}{\text { Original amout }}\) × 100

→ The buying price of any item is known as its cost price, written as CP.

→ The price at which you sell is known as the selling price, written as SP.

→ Profit = SP – CP

Comparing Quantities Class 7 Notes Maths Chapter 7

→ Loss = CP – SP

→ If SP > CP, then we get profit

→ If SP < CP, then we get loss

→ Profit percentage = \(\frac{\text { Profit }}{\mathrm{CP}}\) × 100

→ Loss percentage = \(\frac{\text { Loss }}{\mathrm{CP}}\) × 100

→ Loss (or) Profit is always calculated on CP only.

→ The money we borrow from others is called sum (or) principal.

→ The money taken from others should be returned to them with extra amount in a certain period is called INTEREST.

→ Amount = Principal + Interest.

→ Interest is generally given in percent for a period of one year.

→ If the principal is ‘P’, rate of interest ‘R’ and T is the time period and I is the
interest then I = \(\frac{\text { PTR }}{100}\).

→ Amount, A = P + I.

→ P = \(\frac{100 \mathrm{I}}{\mathrm{TR}}\)

Comparing Quantities Class 7 Notes Maths Chapter 7

→ T = \(\frac{100 \mathrm{I}}{\mathrm{PR}}\)

→ R = \(\frac{100 \mathrm{I}}{\mathrm{PT}}\)

→ Decimals too can be converted to percentages and vice-versa.

→ \(\frac{1}{4}\) = 25%

→ 0.25 = 25%

→ Percentages are widely used in our daily life.
a) We have learnt to find exact number when a certain percent of the total quantity is given.
b) When parts of a quantity are given to us as ratios, we have seen how to convert them to percentages.
c) The increase or decrease in a certain quantity can also be expressed as percentage.
d) The profit or loss incurred in a certain transaction can be expressed in terms of percentages.
e) While computing interest on an amount borrowed, the rate of interest is given in terms of per cents. For example, ₹ 800 borrowed for 3 years at 12% per annum.

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