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Subject :IMO    Class : Class 7

Read the given statements carefully and state 'T' for true and 'F' for false.
(i) If the simple interest on a sum is equal to the principal and number of years is equal to the rate percent per annum, then rate of interest is 10% per annum.
(ii) If a person purchases 12 items for ₹ 36 and sells 10 items for ₹ 36, then the profit % is 15%.
(iii) The percentage decrease in the price of a shirt when it decreased from ₹ 4000 to ₹ 2500 is 15%.

(i) (ii) (iii)
A T T F
B T F F
C F T F
D F F T


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