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Commercial Mathematics

Each subtopic includes About section, revision page link, 10 preview questions, and practice CTAs.

Percentage and its applications

Subtopic

Percentage and its applications under Commercial Mathematics for Grade 7 ICSE.

About Topic & Revision

Preview questions (no answers)

  1. 1.

    Express 120\frac{1}{20} as a percentage.

    A.

    5%5\%

    B.

    10%10\%

    C.

    20%20\%

    D.

    4%4\%

  2. 2.

    Calculate 5%5\% of 200200 liters.

    A.

    11 L

    B.

    55 L

    C.

    2020 L

    D.

    1010 L

  3. 3.

    Find the Principal if the simple interest is ₹6060, the rate is 10%10\% p.a., and time is 11 year.

    A.

    ₹500500

    B.

    ₹1,0001,000

    C.

    ₹600600

    D.

    ₹6,0006,000

Download the worksheet for Commercial Mathematics - Percentage and its applications to practice offline. It includes additional chapter-level practice questions.

Profit and Loss: Cost Price, Selling Price, Profit/Loss Percentage

Subtopic

Profit and Loss: Cost Price, Selling Price, Profit/Loss Percentage under Commercial Mathematics for Grade 7 ICSE.

About Topic & Revision

Preview questions (no answers)

  1. 1.

    An electric kettle is bought for ₹1,200₹1,200 and sold at a loss of ₹120₹120. What is the selling price?

    A.

    ₹1,320₹1,320

    B.

    ₹1,000₹1,000

    C.

    ₹1,100₹1,100

    D.

    ₹1,080₹1,080

  2. 2.

    A bed sheet is bought for ₹700₹700 and sold at a profit of ₹140₹140. Find the selling price.

    A.

    ₹840₹840

    B.

    ₹560₹560

    C.

    ₹800₹800

    D.

    ₹740₹740

  3. 3.

    A wallet is bought for ₹500₹500 and sold for ₹400₹400. Find the loss percentage.

    A.

    20%20\%

    B.

    10%10\%

    C.

    25%25\%

    D.

    15%15\%

Download the worksheet for Commercial Mathematics - Profit and Loss: Cost Price, Selling Price, Profit/Loss Percentage to practice offline. It includes additional chapter-level practice questions.

Simple Interest: Calculation of Principal, Rate, Time, and Amount

Subtopic

Simple Interest: Calculation of Principal, Rate, Time, and Amount under Commercial Mathematics for Grade 7 ICSE.

About Topic & Revision

Preview questions (no answers)

  1. 1.

    Find the time period for a principal of ₹1,000₹1,000 to earn ₹150₹150 interest at 5%5\% per annum.

    A.

    2 years

    B.

    4 years

    C.

    1 year

    D.

    3 years

  2. 2.

    Determine the rate of interest per annum if ₹1,200₹1,200 yields ₹144₹144 simple interest in 44 years.

    A.

    4%4\%

    B.

    2.5%2.5\%

    C.

    3%3\%

    D.

    5%5\%

  3. 3.

    If the principal is ₹5,000₹5,000 and the simple interest is ₹1,250₹1,250, find the total amount.

    A.

    ₹6,000

    B.

    ₹6,250

    C.

    ₹6,500

    D.

    ₹5,750

Download the worksheet for Commercial Mathematics - Simple Interest: Calculation of Principal, Rate, Time, and Amount to practice offline. It includes additional chapter-level practice questions.