alleryA discounted price of ₹2,550 has 12% GST. What is the payable amount?
- ₹3,056
- ₹2,906
- ₹2,806
- ₹2,856
Show answer and solution
Correct answer: D. ₹2,856
Twelve percent of ₹2,550 is ₹306, giving ₹2,856.
ICSE Class 10 Commercial Mathematics: GST, Banking & Shares — practice questions — page 2
Explore 152 free Commercial Mathematics: GST, Banking & Shares questions in ICSE Class 10 Mathematics. Open each question or exercise to read its content, reference answers and available explanation.
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Showing questions 31–60 of 152.
A discounted price of ₹2,550 has 12% GST. What is the payable amount?Read the answer and worked solution →Find the interest on ₹600 deposited monthly for 10 months at 12% p.a.Read the answer and worked solution →Meera saves ₹500 each month for a year at 6% p.a. What sum is due at maturity?Read the answer and worked solution →A 12-month RD of ₹500 per month earns ₹195. Determine its annual interest rate.Read the answer and worked solution →An RD of ₹500 per month earns ₹195 at 6% p.a. Find its duration in months.Read the answer and worked solution →The interest on an RD is ₹390 for 12 months at 10% p.a. What was each monthly deposit?Read the answer and worked solution →₹600 is deposited monthly for 12 months; the account closes at ₹7,590. How much was the interest?Read the answer and worked solution →Ravi puts ₹500 into an RD every month for 18 months. What is the total he deposits?Read the answer and worked solution →An RD receives ₹800 each month for 24 months at 5% p.a. Calculate the interest earned.Read the answer and worked solution →Eight shares of FV ₹100 each pay a 12% dividend. Find one year’s income.Read the answer and worked solution →Ten shares of FV ₹100 yield ₹150 in one year. What dividend rate applies?Read the answer and worked solution →Ten shares are bought at ₹120 each. What is the investment, before brokerage?Read the answer and worked solution →A share with FV ₹100 sells for ₹125. Find its premium.Read the answer and worked solution →A share has FV ₹50 and market value ₹45. How far below face value is it priced?Read the answer and worked solution →Twenty shares of FV ₹50 pay 10%. If each costs ₹60, find the return rate.Read the answer and worked solution →An investment of ₹5,000 earns ₹400 in one year. What is its return rate?Read the answer and worked solution →A 12% dividend on FV ₹100 shares gives ₹360 income. How many shares are held?Read the answer and worked solution →Twenty shares earn ₹240 at a dividend rate of 8%. Find the face value per share.Read the answer and worked solution →Annual income is ₹300 and the return rate is 10%. Find the investment.Read the answer and worked solution →A ₹100 FV share pays 12% and sells at ₹150. Another pays 10% at ₹100. Which earns the higher return?Read the answer and worked solution →An RD uses simple interest on 12 deposits held for 12,11,...,1 months. Sum of periods?Read the answer and worked solution →Equal RD instalments earn simple interest for 24,23,...,1 months. Mean period?Read the answer and worked solution →Equal RD deposits earn simple interest for 18,17,...,1 months. First:last interest?Read the answer and worked solution →Monthly RD deposits of ₹800 earn simple interest at 6% yearly. Adjacent deposits' interest differs byRead the answer and worked solution →For I=Pn(n+1)r/2400, P rises 20% with n,r fixed. Interest rises byRead the answer and worked solution →School RD: same monthly sum and term, but annual rate rises from 6% to 9%. Interest rises byRead the answer and worked solution →I=Pn(n+1)r/2400. For fixed P,r, interest for 24 months:12 months isRead the answer and worked solution →School RD: equal total deposits and annual rates. Interest for 24 months:12 months?Read the answer and worked solution →School RD: ₹1,000 monthly at 6% yearly. Extending 12 months to 13 adds how much interest?Read the answer and worked solution →School RD: ₹600 monthly for 12 months earns the same interest as 8 months at the same rate. New monthly sum?Read the answer and worked solution →
Worked practice questions
Find the interest on ₹600 deposited monthly for 10 months at 12% p.a.
- ₹330
- ₹660
- ₹300
- ₹220
Show answer and solution
Correct answer: A. ₹330
Since 10×11=110, interest is ₹600×110×12÷2400 = ₹330.
Meera saves ₹500 each month for a year at 6% p.a. What sum is due at maturity?
- ₹6,390
- ₹6,195
- ₹6,156
- ₹6,000
Show answer and solution
Correct answer: B. ₹6,195
The total deposits are ₹6,000 and interest is ₹195, so maturity value is ₹6,195.
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