Real numbers play a vital role in our daily activities, from managing finances to measuring temperatures. Their versatility enables us to solve real-world problems effectively. This article delves into the applications of real numbers in everyday life, focusing on temperature conversion and calculating profit and loss. By understanding these concepts, we can make informed decisions in various situations.

Application of Real Numbers in Daily Life

Real numbers include all rational and irrational numbers and are used to represent quantities like distances, weights, temperatures, and monetary values.

Examples in Daily Life

Distance Measurement

Real numbers express distances in kilometers or miles, e.g., 5.2 km.

Banking and Finance

Real numbers help calculate interest rates, account balances, and loan repayments.

Scientific Data

Quantities like mass (\(9.8 \, \text{kg}\)) or velocity (\(12.5 \, \text{m/s}\)) are expressed using real numbers.

Temperature Conversion

Temperature scales like Celsius (\(^\circ \text{C}\)) and Fahrenheit (\(^\circ \text{F}\)) involve real numbers for accurate representation and conversions.

Formulas for Conversion

Celsius to Fahrenheit

\[F = \frac{9}{5}C + 32\]

Example

Convert \(25^\circ \text{C}\) to Fahrenheit:

\[F = \frac{9}{5}(25) + 32 = 45 + 32 = 77^\circ \text{F}.\]

Fahrenheit to Celsius

\[C = \frac{5}{9}(F – 32)\]

Example

Convert \(77^\circ \text{F}\) to Celsius:

\[C = \frac{5}{9}(77 – 32) = \frac{5}{9}(45) = 25^\circ \text{C}.\]

Applications

Weather forecasting

Measuring and converting temperatures for daily updates.

Cooking

Adjusting oven temperatures between Celsius and Fahrenheit.

Profit and Loss

Profit and loss calculations involve real numbers to determine financial outcomes in trade and business.

Key Formulas

Profit

\[\text{Profit} = \text{Selling Price (SP)} – \text{Cost Price (CP)}\]

Example: 

If \( \text{SP} = 150\) and \( \text{CP} = 100\):

\[\text{Profit} = 150 – 100 = 50.\]

Profit Percentage

\[\text{Profit %} = \left(\frac{\text{Profit}}{\text{CP}}\right) \times 100\]

Example:

\[\text{Profit %} = \left(\frac{50}{100}\right) \times 100 = 50\%.\]

Loss

\[\text{Loss} = \text{CP} – \text{SP}\]

Example

If \( \text{CP} = 200\) and \( \text{SP} = 150\):

\[\text{Loss} = 200 – 150 = 50.\]

Loss Percentage

\[\text{Loss %} = \left(\frac{\text{Loss}}{\text{CP}}\right) \times 100\]

Example

\[\text{Loss %} = \left(\frac{50}{200}\right) \times 100 = 25\%.\]

Applications

Retail

Calculating discounts and profits during sales.

Investments

Evaluating returns on stocks or bonds.

Budgeting

Managing expenses to avoid losses.

Conclusion

Real numbers are indispensable in daily life, particularly in practical applications like temperature conversion and financial calculations. Whether predicting weather or determining business profits, mastering these concepts helps us navigate daily challenges with precision and confidence.

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