Chapter 4 Financial Planning Set 4A

Question 1.Write the correct alternative for each of the following. i. Rate of GST on essential commodities is ______(A) 5%(B) 12%(C) 0%(D) 18%Answer:(C) ii. The tax levied by the central government for trading within state is ______(A) IGST(B) CGST(C) SGST(D) UTGSTAnswer:(B) iii. GST system was introduced in our country from ______(A) 31st March 2017(B) 1st April 2017(C) … Read more

Chapter 4 Financial Planning Set 4.4

Question 1.Market value of a share is ₹ 200. If the brokerage rate is 0.3% then find the purchase value of the share.Solution:Here, MV = ₹ 200, Brokerage = 0.3%Brokerage = 0.3% of MV=  × 200= ₹ 0.6∴ Purchase value of the share = MV + Brokerage= 200 + 0.6= ₹ 200.60∴ Purchase value of the … Read more

Chapter 4 Financial Planning Set 4.3

Question 1. Complete the following table by writing suitable numbers and words.Solution:i. Here, share is at par.∴ MV = FV∴ MV = ₹ 100 ii. Here, Premium = ₹ 500, MV = ₹ 575∴ FV + Premium = MV∴ FV + 500 = 575∴ FV = 575 – 500∴ FV = ₹ 75 iii. Here, … Read more

Chapter 4 Financial Planning Set 4.2

Question 1. ‘Chetana Store’ paid total GST of ₹ 1,00,500 at the time of purchase and collected GST ₹ 1,22,500 at the time of sale during 1st of July 2017 to 31st July 2017. Find the GST payable by Chetana Stores.Answer:Output tax (Tax collected at the time of sale)= ₹ 1,22,500Input tax (Tax paid at the time … Read more

Chapter 4 Financial Planning Set 4.1

Question 1.‘Pawan Medical’ supplies medicines. On some medicines the rate of GST is 12%, then what is the rate of CGST and SGST?Solution: Question 2.On certain article if rate of CGST is 9% then what is the rate of SGST? and what is the rate of GST?Solution:Rate of CGST = 9%But, rate of SGST = … Read more

Chapter 3 Arithmetic Progression Set 3

Question 1.Choose the correct alternative answer for each of the following sub questions. i. The sequence – 10,- 6,- 2, 2, …(A) is an A.P. Reason d = – 16(B) is an A.P. Reason d = 4(C) is an A.P. Reason d = – 4(D) is not an A.P.Answer:(B) ii. First four terms of an … Read more

Chapter 3 Arithmetic Progression Set 3.4

Question 1.On 1st Jan 2016, Sanika decides to save ₹ 10, ₹ 11 on second day, ₹ 12 on third day. If she decides to save like this, then on 31st Dec 2016 what would be her total saving?Solution:∴ Sanika’s total saving on 31st December 2016 would be ₹ 70455. Question 2.A man borrows ₹ 8000 and … Read more

Chapter 3 Arithmetic Progression Set 3.3

Question 1.First term and common difference of an A.P. are 6 and 3 respectively; find S27.Solution: Question 2.Find the sum of first 123 even natural numbers.Solution:The even natural numbers are 2, 4, 6, 8,…The above sequence is an A.P.∴ a = 2, d = 4 – 2 = 2, n = 123∴ The sum of … Read more

Chapter 3 Arithmetic Progression Set 3.2

Question 1. Write the correct number in the given boxes from the following A.P. Solution: Question 2.Decide whether following sequence is an A.P., if so find the 20th term of the progression.-12, -5, 2, 9,16, 23,30,…Solution:i. The given sequence is-12, -5,2, 9, 16, 23,30,…Here, t1 = -12, t2 = -5, t3 = 2, t4 = 9∴ t2 – t1 – 5 – … Read more

Chapter 3 Arithmetic Progression Set 3.1

Question 1.Which of the following sequences are A.P.? If they are A.P. find the common difference.Solution:i. The given sequence is 2, 4, 6, 8,…Here, t1 = 2, t2 = 4, t3 = 6, t4 = 8∴ t2 – t1 = 4 – 2 = 2t3 – t2 = 6 – 4 = 2t4 – t3 = 8 – 6 = 2∴ t2 – t1 =  t3 – t2 = … Read more