What Have We Discussed?
- A way of comparing quantities is percentage. Percentages are numerators of fractions with denominator
. Per cent means per hundred.
For example 82% marks means 82 marks out of
Fractions can be converted to percentages and vice-versa. For example,
=1 4 ×100 % whereas, 75% =1 4 =75 100 3 4 Decimals too can be converted to percentages and vice-versa. For example, 0.25 = 0.25 × 100% =
% Percentages are widely used in our daily life,
- (a) We have learnt to find exact number when a certain per cent 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.