SCERT Maharashtra solutions for अलजेब्रा (माठेमटिक्स १) [इंग्रजी] इयत्ता १० महाराष्ट्र राज्य मंडळ chapter 4 - Financial Planning [Latest edition]

GST on LPG cylinder is ______.

Trading between GSTIN holder and consumer is termed as ______.

If the face value of the share is Rs.100 and market value is Rs.150. if Rate brokerage is 0.5%. The selling price of 1 share is ______.

70 shares of FV 100 each are purchased for MV Rs. 130 then the sum invested is ______.

If the face value of share is Rs. 100 when market value was Rs. 90. Company declared 20% dividend. The dividend per share is ______.

The rate of GST on mobile phone is 12% then the rate of central GST is ______.

In GST, all goods are classified by given numerical code called ______ code.

If FV = MV the share is at ______.

When trader collects GST at the time of sale, it is called ______.

If FV < MV the share is at ______.

If FV > MV the share is at ______.

Surya Electronic sold a washing machine set to a customer. The rate of GST on washing machine is 28%, then find the rate of CGST and SGST.

The rate of CGST on certain article is 9%, then find the rate of GST and SGST.

The taxable price of a water purifier is Rs. 8000. The rate of CGST is 6%. Find the total GST printed in the tax invoice.

On an article CGST is 3.5%, then what is the rate of SGST? Also, find the rate of GST.

Nazama is a proprietor of a firm, registered under GST. She has paid GST of Rs. 12,500 on purchase and collected Rs. 14,750 on sale. To find the amount of GST payable complete the activity.

Solution:

Input tax (ITC) = `square`

Output tax (ITC) = `square`

GST Payable = Output tax – `square`

= 14,750 – 12,500

Payable GST = `square`

Complete the following table by writing correct number or words.

Complete the following table by writing correct number or words.

Sou. Minakshi purchase of a cosmetic box including GST is Rs. 512. The rate of GST is 28%. Find the taxable price of the cosmetic box.

Mr. Jagadishprasad invest a sum of Rs. 75,000 in shares of face value 100 at Rs. 125 market value, then how many shares were purchased?

Rupali purchase a shares of market value Rs. 300. If the brokerage rate is 0.5%, then find the purchase value of the share by Rupali.

A share is sold for the market value of Rs. 2000. Brokerage is paid at the rate of 0.5%. What is the amount received after the sale?

Arogya Medico paid total GST of Rs. 2,00,700 at the time of purchase and collected GST 2,22,200 at the time of sale during 1st of July 2021 to 31st July 2021. Find the GST payable by Arogya Medico.

From the information, prepare the tax invoice for business to customer. (B2C) Write any name, address, date, etc.

Supplier: M/s .............. Address ............. Date .........

Invoice No. ............................... GSTIN .......................

Name of products:

1. Pickle bottle Rs. 75, 1 piece, Rate of GST 12%, HSN1509 
2. Tea powder pouch Rs. 60, 1 piece, Rate of GST 5%, HSN4807 
3. Perfume bottle Rs. 225, 1 piece, Rate of GST 18%, HSN8519

Fill in the blanks given in the contract note of sale-purchase of shares. (B - buy S - sell)

Pushpmala has invested Rs. 24000 and purchased shares FV Rs. 20 at a premium of Rs. 4. Find the number of shares she purchased. Complete the given activity.

Solution:

FV = Rs. 20, Premium = Rs. 4

MV = FV + `square`

= `square` + `square`

= `square`

Number of share = `"Total investment"/"M.V."`

= `24000/square`

= `square` shares

Prepare Business to consumer (B2C) tax invoice using given information. Write the name of the supplier, address, state, date of invoice number, GSTIN etc. as per your choice. Perform the following activities:

Supplier: M/s. ........................... Address: ......................................

State : ............... Date: ............. Invoice No.: .......................GSTIN: ...........................

Mr. Trivedi invested Rs. 45,000 in shares of face value Rs. 100 at market value Rs. 125. If the company declared 30% dividend at the end of the year, what was the income from dividend?

A share of the value Rs. 100 was purchased for Rs. 150. The company declared a dividend of 60%. What is the rate of return on investment?

Mr. Hariram investment in shares is given below. Find his total investment in shares.

Company A: 200 shares, face value = Rs. 100 Premium = Rs. 25 

Company B: 500 shares, face value = Rs. 100 Market Value = Rs. 200 

Company C: 50 shares, face value = Rs. 100 Discount = Rs. 20

Hamid purchased some educational stationary and paid GST of Rs. 1800. He sold all educational stationary Nishaben and collected GST of Rs. 2100. Find the GST, CGST and SGST to be paid.

If 50 shares of FV Rs. 20 were purchased for MV of Rs. 30. Company declared 30% dividend on the shares then find 

1. Sum invested 
2. Dividend received 
3. Rate of return

M/S Sing Trader purchased refrigerator for Rs. 10,000 taxable amount. They sold it to Amrutbhai for Rs. 12,000 taxable amount. The rate of GST is 28%, then find the CGST and SGST to be paid by M/S Sing Trader.

Mr. Jitendra invested an equal amount in two companies by purchasing equity shares with market price Rs. 160 and Rs. 175 each. At the end of the year, both the companies declared the dividend of 15% and 20% each. In which company was her investment profitable?

Mr. Purushottam invested Rs. 1,20,354 in shares of face value Rs. 100 each at Rs. 120 market value. He gave brokerage of 0.25% and GST of 18% on brokerage then how many shares are purchased by him?

M/s Atharv traders sold a computer printer to Shraddha Electronics for taxable price of Rs. 10,000. Shraddha Electronics sold it to Mr. Omkarnath at Rs. 12,500 taxable price and retailer sold it to customer at Rs. 14,500 taxable price. The rate of GST is 18%, then find the CGST and SGST applicable at every transaction.