Commercial Mathematics
Each subtopic includes About section, revision page link, 10 preview questions, and practice CTAs.
Goods and Services Tax (GST)
SubtopicGoods and Services Tax (GST) under Commercial Mathematics for Grade 10 ICSE.
Preview questions (no answers)
- 1.
If GST rate is , then the SGST rate is:
A.B.C.D. - 2.
On an item with a list price of , a discount of is given. The GST is calculated on:
A.B.C.D. - 3.
The ratio of CGST to SGST in an intra-state transaction is always:
A.B.C.D. - 4.
If the IGST rate for a product is , the CGST rate for intra-state sale is:
A.B.C.D. - 5.
A wholesaler buys a set of tires for and sells them to a retailer at a profit of . The retailer sells them to a consumer at a markup of . If the GST rate is , find the ITC for the retailer.
A.B.C.D. - 6.
A shopkeeper sells a fan for inclusive of GST. Find the amount of GST the shopkeeper has to deposit if his input tax was .
A.B.C.D. - 7.
A dealer in Pune buys goods worth from a dealer in Mumbai at a discount. He then sells it to a consumer in Pune at the marked price. If GST is , find the CGST paid by the Pune dealer.
A.B.C.D. - 8.
A wholesaler in Chennai sells goods to a dealer in Chennai for . The dealer sells the goods to a retailer in Bangalore at a profit of . The GST rate is . Find the IGST paid by the dealer in Chennai.
A.B.C.$$$$3,360$$
D. - 9.
A retailer buys an article at a discount of on the marked price of . He sells it at a profit of on his cost price. If the GST rate is , find the IGST if the entire transaction is inter-state.
A.B.C.D. - 10.
A manufacturer marks an item at . He sells it to a wholesaler at a discount of . The wholesaler sells it to a retailer at the marked price. If the GST rate is , find the net GST paid by the wholesaler.
A.B.C.D.
Download the worksheet for Commercial Mathematics - Goods and Services Tax (GST) to practice offline. It includes additional chapter-level practice questions.
Banking (Recurring Deposit Accounts)
SubtopicBanking (Recurring Deposit Accounts) under Commercial Mathematics for Grade 10 ICSE.
Preview questions (no answers)
- 1.
If the equivalent principal for one month is and the rate of interest is p.a., what is the interest for month?
A.₹1,200
B.₹100
C.₹120
D.₹10
- 2.
If , what is the maturity value?
A.₹2,400
B.₹2,550
C.₹2,650
D.₹2,500
- 3.
Calculate for .
A.10
B.8
C.12
D.6
- 4.
If the interest is and the sum of installments is , the maturity value is:
A.₹14,000
B.₹15,000
C.₹16,000
D.₹1,000
- 5.
Mrs. Mehra deposits per month in a bank for years. If the rate of interest is per annum, find the maturity value.
A.B.C.D. - 6.
Find the interest earned on per month for months at p.a.
A.B.C.D. - 7.
Calculate the maturity value of a Recurring Deposit account with a monthly installment of for months at p.a.
A.B.C.D. - 8.
Calculate the maturity value of a Recurring Deposit account when is deposited every month for months at per annum.
A.₹15,800
B.₹15,750
C.₹15,920
D.₹15,650
- 9.
If the interest received on a Recurring Deposit of per month for years is , calculate the rate of interest.
A.11%
B.10%
C.12%
D.9.5%
- 10.
Find the maturity value of a Recurring Deposit account if is deposited every month for year at per annum.
A.₹8,820
B.₹8,900.50
C.₹8,850.50
D.₹8,925.00
Download the worksheet for Commercial Mathematics - Banking (Recurring Deposit Accounts) to practice offline. It includes additional chapter-level practice questions.
Shares and Dividends
SubtopicShares and Dividends under Commercial Mathematics for Grade 10 ICSE.
Preview questions (no answers)
- 1.
Find the market value of a share if it is available at a discount.
A.B.C.D. - 2.
What is the dividend amount for one share of face value if the dividend rate is ?
A.B.C.D. - 3.
A share of face value is available at a premium of . What is the market value?
A.B.C.D. - 4.
How many shares of face value each result in a total face value of ?
A.B.C.D. - 5.
A man sells shares of each at (dividend ) and reinvests the proceeds in shares at with a dividend. Find the change in his annual income.
A.increase
B.increase
C.decrease
D.decrease
- 6.
Find the percentage return on an investment in shares at with an dividend.
A.B.C.D. - 7.
Calculate the annual income from shares of face value each, bought at a discount, if the dividend rate is .
A.B.C.D. - 8.
A man invested in shares at . He sold them when the price rose to and invested the proceeds in shares at . Find the change in his annual income.
A.Increase of ₹1,200
B.Increase of ₹1,680
C.Increase of ₹1,800
D.Increase of ₹1,440
- 9.
A company has shares of face value . It declares a dividend of . A person bought shares at each. Find his yield percentage.
A.B.C.D. - 10.
A man sells shares paying dividend at a discount of . He invests the proceeds in shares at paying dividend. If his income increases by , find the number of shares he sold.
A.150
B.200
C.300
D.250
Download the worksheet for Commercial Mathematics - Shares and Dividends to practice offline. It includes additional chapter-level practice questions.