ICSE Class 10 · Mathematics

Class 10 Mathematics – Commercial Mathematics Quiz

Test your understanding of GST, banking (recurring deposits) and shares and dividends with this 30-question interactive quiz.

This quiz is timed. You have 30 minutes to answer all 30 questions. When the time is up, the quiz submits automatically.

Question 1 of 30 Time Remaining: 30:00
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Question 1Easy

The GST on a taxable value of ₹10,000 at 12% is:

Question 2Easy

For an intra-state sale with a GST rate of 18%, the SGST rate is:

Question 3Easy

A supply of goods from one state to another is taxed by:

Question 4Moderate

The price of an article including 18% GST is ₹11,800. Its taxable value is:

Question 5Easy

Input tax credit is used to:

Question 6Moderate

A trader's output GST is ₹9,000 and his input GST is ₹5,500. His net GST payable is:

Question 7Easy

For an intra-state sale, CGST + SGST together equal:

Question 8Moderate

An item has a taxable value of ₹2,000 and GST at 5%. The amount a customer pays is:

Question 9Challenging

A shopkeeper gives a 20% discount on a marked price of ₹1,500 and then charges 18% GST on the discounted price. The customer pays:

Question 10Easy

Which of the following is NOT a component of GST?

Question 11Easy

In a recurring deposit account, deposits are made:

Question 12Moderate

The interest on a recurring deposit of ₹1,000 per month for 12 months at 6% per annum is:

Question 13Easy

The maturity value of a recurring deposit, with monthly instalment \(P\), \(n\) months and interest \(I\), is:

Question 14Moderate

The interest on a recurring deposit of ₹500 per month for 24 months at 6% per annum is:

Question 15Easy

In the recurring deposit formula, the rate \(r\) is expressed:

Question 16Moderate

The interest on a recurring deposit of ₹2,000 per month for 6 months at 9% per annum is:

Question 17Easy

The sum \(1 + 2 + 3 + \dots + n\) equals:

Question 18Challenging

A person deposits ₹1,000 per month for 24 months at 6% per annum. The maturity value is:

Question 19Moderate

In a recurring deposit, the last monthly instalment earns interest for:

Question 20Moderate

The recurring deposit interest formula is \(I = P \times \dfrac{n(n+1)}{2} \times \dfrac{r}{\square}\). The value in the box is:

Question 21Easy

The dividend on a share is calculated on its:

Question 22Easy

The number of shares that can be bought for ₹6,000 at a market value of ₹30 each is:

Question 23Easy

If the market value of a share is less than its face value, the share is bought at:

Question 24Easy

A share of face value ₹10 has a market value of ₹15. The premium per share is:

Question 25Easy

The dividend per share on a share of face value ₹10 when the company declares a 20% dividend is:

Question 26Moderate

The rate of return on shares is calculated as \(\dfrac{\text{dividend}}{\square} \times 100\%\). The denominator is the:

Question 27Moderate

A man invests ₹10,000 in shares of face value ₹10 at a market value of ₹20. If the dividend is 15%, his annual income is:

Question 28Easy

If the market value of a share equals its face value, the share is said to be at:

Question 29Challenging

A man invests ₹24,000 in shares of face value ₹10 at a market value of ₹30. If the company pays a 12% dividend, his rate of return is:

Question 30Challenging

A man buys 400 shares of face value ₹10 at ₹18 each. The company declares a 15% dividend. His rate of return is:

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