class 7 maths chapter 8 exercise 8.3
Comparing Quantities in class 7 maths chapter 8 exercise 8.3 is a very interesting topic of maths.This exercise of NCERT Solutions for Class 7 Chapter 8 contains topics related to converting ratios to percent, increase or decrease as per cent, prices related to an item or buying and selling, profit or loss as a percent and charges given on borrowed money or simple interest.
Ex 8.3 Class 7 Maths Question 1.
Tell what is the profit or loss in the following transactions. Also find profit per cent or loss per cent in each case.
(a) Gardening shears bought for Rs. 250 and sold for Rs. 325.
(b) A refrigerator bought for Rs. 12,000 and sold at Rs. 13,500.
(c) A cupboard bought for Rs. 2,500 and sold at Rs. 3,000.
(d) A skirt bought for Rs. 250 and sold at Rs. 150.
Solution:
(a) Here, CP = Rs. 250
SP = Rs. 325
Since SP > CP
∴ Profit = SP – CP
= Rs. 325 – Rs. 250 = Rs. 75
Hence, the required profit = Rs. 75
(b) Here, CP = Rs. 12,000
SP = Rs. 13,500
Since SP > CP
∴ Profit = SP – CP
= Rs. 13,500 – Rs. 12,000 = Rs. 1,500
Hence, the required profit = Rs. 1500 × 100
profit % = 12.5%
(c) Here, CP = Rs 2500
SP = Rs 3000
Since SP > CP
∴ Profit = SP – CP
= Rs 3000 – Rs 2500 = Rs 500
Hence, the required profit = Rs 500 and profit% = 20%
(d) Here, CP = Rs 250
SP = Rs 150
Here CP > SP
∴ Loss = CP – SP
= Rs 250 – Rs 150 = Rs 100
Hence, the required loss = Rs 100 and loss% = 40%
Ex 8.3 Class 7 Maths Question 2.
Convert each part of the ratio to Percentage:
(a) 3:1
(b) 2:3:5
(c) 1 : 4
(d) 1:2:5
Solution:
(a) 3 : 1
Sum of the ratio parts = 3 + 1 = 4
(b) 2 : 3 : 5
Sum of the ratio parts = 2 + 3 + 5 = 10
(c) 1 : 4
Sum of the ratio parts =1 + 4 = 5
(d) 1 : 2 : 5
Sum of the ratio parts = 1 + 2 + 5 = 8
Ex 8.3 Class 7 Maths Question 3.
The population of a city decreased from 25,000 to 24,500. Find the Percentage decrease.
Solution:
Initial population = 25,000
Decreased population = 24,500
Decrease in population
= 25,000 – 24,500 = 500
Hence the Percentage of decrease in population = 2%.
Ex 8.3 Class 7 Maths Question 4.
Arun bought a car for Rs. 3,50,000. The next year, the price went upto Rs. 3,70,000. What was the Percentage of price increase?
Solution:
Original price of the car = Rs. 3,50,000
Price increased next year = Rs. 3,70,000
Increase in price = Rs. 3,70,000 – Rs. 3,50,000
= Rs. 20,000
∴ Percentage of the increase in the price
Hence, the Percentage of increase in price =
Ex 8.3 Class 7 Maths Question 5.
I buy a TV for Rs. 10,000 and sell it at a profit of 20%. How much money do I get for it?
Solution:
Here, CP = Rs. 10,000
Profit = 20%
SP = ?
Hence, the required money got by me = Rs. 12,000.
Ex 8.3 Class 7 Maths Question 6.
Juhi sells a washing machine for Rs. 13,500. She loses 20% in the bargain. What was the price at which she bought it?
Solution:
SP of the washing machine =Rs. 13,500
Loss = 20%
CP = ?
Ex 8.3 Class 7 Maths Question 7.
(i) Chalk contains calcium, carbon and oxygen in the ratio 10 : 3 : 12. Find the Percentage of carbon in chalk.
(ii) If in a stick of chalk, carbon is 3 g, what is the weight of the chalk stick?
Solution:
(i) Sum of the ratio parts = 10 + 3 + 12 = 25
∴ Percentage of carbon in chalk
Hence, the Percentage of carbon in chalk = 12%
Hence, the cost price of the machine = Rs. 16875.
Ex 8.3 Class 7 Maths Question 8.
Amina buys a book for Rs. 275 and sells it at a loss of 15%. How much does she sell it for?
Solution:
CP of book = Rs. 275
Loss = 15%
Hence, the required selling price = Rs. 233.75
Ex 8.3 Class 7 Maths Question 9.
Find the amount to be paid at the end of 3 years in each case.
(a) Principal = Rs. 1200 at 12% p.a.
(b) Principal = Rs. 7500 at 5% p.a.
Solution:
(a) Given: Principal = Rs. 1200
Rate of interest = 12% p.a., T = 3 years
Amount = Principal + Interest
= Rs. 1200 + Rs. 432 = Rs. 1632
Hence, the required amount = Rs. 1632
(b) Given: Principal = Rs. 7500
Rate = 5% p.a.
Time = 3 years
= Rs.1125
Amount = Principal + Interest
= Rs. 7500 + 1125 = Rs. 8625
Hence, the required amount = Rs. 8625.
Ex 8.3 Class 7 Maths Question 10.
What rate gives Rs. 280 as interest on a sum of Rs. 56,000 in 2 years?
Solution:
Given: Principal = Rs. 56,000
Interest = Rs.280
Time = 2 years
Rate = ?
Hence, the required rate = 0.25%
Ex 8.3 Class 7 Maths Question 11.
If Meena gives an interest of Rs. 45 for one year at 9% rate p.a. What is the sum she has borrowed?
Solution:
Given: Interest = Rs. 45
Time = 1 year
Rate = 9% p.a.