GST Class 10 OP Malhotra ICSE Maths Solutions Ch-1

GST Class 10 OP Malhotra ICSE Maths Solutions Ch-1 Goods and service Tax . We Provide Step by Step Solutions / Answer of Exe-1 GST of S Chand OP Malhotra Maths . Visit official Website CISCE  for detail information about ICSE Board Class-10 Mathematics.

GST Class 10 OP Malhotra ICSE Maths Solutions Ch-1

Board	ICSE
Publications	S Chand
Subject	Maths
Class	10th
Chapter-1	Goods and service Tax
Writer	OP Malhotra
Exe-1	Solved Questions on GST
Edition	2024-2025

Goods and service Tax

GST Class 10 OP Malhotra ICSE Maths Solutions Ch-1

Exe-1

Que-1: Mr. Abdul a manufacturer, sells his product worth Rs2,25,000 within the state. He buys goods worth Rs1,20,000 within the state. If the rate of GST is 12% on the raw material and 18% on the finished product find the amount of GST he has to pay.

Sol:  Input GST = 12% on raw material = 12% of 120000
= 120000 x 12/100
= 14400
Output GST = 18% on finished product = 18% of 225000
= 225000 x 18/100
= 40500
Here, output GST is more than input GST.
Thus, GST Payable = Output GST – Input GST
= 40500 – 14400
= Rs. 26100.

Que-2: A shoe manufacturer purchases goods worth Rs90,000 from the markets within the state. He sells his product in the neighbourhood market for Rs78,000. If the common rate of GST is 18%, find the GST payable/GST credit for the above transaction.

Sol:  Input GST = 18% on raw materials = 18% of 90000
= 90000 x 18/100
= 16200
Output GST = 18% on final product (shoes) = 18% of 78000
= 78000 x 18/100
= 14040
Here, input GST is more than output GST.
Thus, GST Credit = Input GST – Output GST
= 16200 – 14040
= Rs. 2160.

Que-3: Mrs Lata has a leather coat manufacturer unit in state A. She buys raw materials worth Rs80,000 from a supplier from state B at a discount of 10%. She sells her product worth Rs2,20,000 outside the state. If the rate of CGST 2.5%, find the IGST payable/credit of Mrs Lata.

Sol: Price of raw material on 10% discount
= 80000(1 – 10/100) = 72000.
Price of final product (Leather coat) = 220000
We are given, CGST = SGST = 2.5%
Since sales are occurred in different states, IGST = CGST + SGST = 5%
Input GST = 5% on raw materials = 5% of 72000
= 72000 x 5/100 = 3600.
Output GST = 18% on final product (shoes) = 5% of 220000
= 220000 x 5/100 = 11000
Here, output GST is more than input GST.
Thus, GST Payable = Output GST – Input GST
= 11000 – 3600
= Rs. 7400.

Que-4: Mrs Salim, biscuit manufacturer buys raw goods worth Rs1,40,000 from different market within the state having GST 5%. He sold packet biscuit worth Rs2,10,500 in the market of the neighbouring state. Rate of GST on the packet biscuits is 12%. Find the amount of IGST payable by him.

Sol:  Price of raw material = 140000
Price of final product = 210500
Since sales are occurred in within the states, CGST = SGST = 5%
Input GST = 5% on raw materials = 5% of 140000
= 140000 x 5/100 = 70000.
Output GST = 12% on final product = 12% of 210500
= 210500 x 12/100 = 25260
Here, output GST is more than input GST.
Thus, GST Payable = Output GST – Input GST
= 25260 – 70000
= Rs. 18800.

Que-5: A sewing machine manufacturer purchases raw materials worth Rs5,40,000 for his manufacturing unit from outside the state. The rate of IGST is 12%. He produced two type of sewing machine, 50 type A whose base price is Rs5000, GST 12% and 100 type B whose price is Rs10,000, GST 18%. He had two clients outside the state and received orders for 10 type A and 20 type B only by client X, 10 each by client Y. Find :
(i) input GST,    (ii) Output GST    (iii) GST payable/credit.

Sol: Price of raw material = 540000
Price of sewing machine of type A = 5000
Price of sewing machine of type B = 10000
Since sales are occurred in different states,
IGST or GST = 12% on raw materials and on sewing machine of type A and 18% on sewing machine of type B.
(i) Input GST = 12% on raw materials
= 12% of 540000
= 540000 x 12/100
= 64800.
(ii) Output GST = 12% on A + 18% on B
= (12% of 100000) + (18% of 300000)
= (100000 x 12/100) + (300000 x 18/100)
= 12000 + 54000
= 66000

(iii) GST Payable = Output GST – Input GST
= 66000 – 64800
= Rs. 1200

Que-6: The sales price of a washing machine, inclusive of GST, is Rs28,320. If the SGST is charged at the rate of 9% of the list price, find the list price of the washing machine.

Sol:  GST = CGST +SGST
CGST = SGST
SGST = 9%
hence, CGST = 9%
GST = 9%+9%
GST = 18%
let the list price of the washing machine be x
x+18 % of x = 28,320
x+(18x/100) = 28,320
(100×x)+(18x/100) = 28,320
100x+(18x/100) = 28,320
118x/100 = 28,320
x = (28,320×100)/118
x = 24,000 RS

Que-7: Radhika buys crockery having marked price Rs4,500. She gets a discount of 12%. If the CGST is 6%, find the amount she is required to pay for the crockery. Also, find the amount of SGST.

Sol:  List Price of crockery = Rs. 4500
Selling Price of crockery on 12% discount
= 4500(1 – 12/100)
= 3960
We are given, CGST = SGST = 6%.
Thus, IGST = CGST + SGST = 12%.
IGST Amount = 3960 x 12/100
= Rs. 475.20
Final price to be paid by Radhika
= 3960 + 475.20
= Rs. 4435.20
SGST Amount = (IGST Amount)/2
= 475.20 / 2
= Rs. 237.6

Que-8: The list price of Dell laptop is Rs84,000. The dealer gives a discount of 20% on the listed price. He also offers 10% additional discount on the balance. However, GST 28% is charged on laptop. Find :
(i) the taxable amount   (ii) the total amount of GST the costumer has to pay   (iii) final price he has to pay to the dealer including GST.

Sol: List Price of Dell laptop = Rs. 84000
(i) Taxable Amount = Selling Price of Dell laptop after two discounts
= 84000(1 – 20/100)(1 – 10/100)
= Rs. 60480
We are given GST = 28%.
(ii) GST paid by customer
= 60480 x 28/100
= Rs. 16934.40
(iii) Final price to be paid by customer
= 60480 + 16934.40
= Rs. 77414.40

Que-9: Mrs Sarita buys goods worth Rs6,500 from Easy day store. She gets a rebate of 10% on Rs5000 as a member and a flat discount Rs50 on the remaining. If the GST is charged 18% find the total amount she has to pay for the goods.

Sol: List Price of goods = Rs. 6500
Since Sarita is a member of Easy day, Selling price for Sarita is
SP = 5000(1 – 10/100) + (1500 – 50)
= 4500 + 1450
= Rs. 5950
We are given GST = 18%.
Final bill paid by Sarita is 5950(1 + 18/100)
= Rs. 7021

Que-10: A retailer marked up the price of his goods by 20% above the list price and offers two successive discounts of 10% and 5% on the marked price. GST is 18% on the goods. Find the list price of goods if the costumer pays Rs4617 as CGST. Also find the final price costumer has to pay for the goods.

Sol: Let the list price of goods = Rs. x
Then, the marked price of goods = x(1 + 20/100)
Selling price of goods = x(1 + 20/100)(1 – 10/100)(1 – 50/100)
Since GST = 18%, so CGST = SGST = 9%.
Now, CGST Amount = Rs. 4671
⇒ x(1 + 20/100)(1 – 10/100)(1 – 50/100) x 9/100 = 4671
⇒ x = 50000.
Thus, the list price of goods is Rs 50000.
Now, final bill paid by consumer is
Bill = Selling Price + GST Amount Paid
= 50000(1 + 20/100)(1 – 10/100)(1 – 50/100) + (4671 + 4671)
= Rs. 60534.

Que-11: Anil went to a shop to buy bicycle costing Rs10,620. The rate of CGST is 9%. He asks the shopkeeper to reduce the price of the bicycle to such an extent so that he has to pay Rs10,620 inclusive GST. Find the reduction needed in the price of the bicycle.

Sol:  Let the reduction price of bicycle = Rs. x,
Then, selling price of bicycle = Rs. (10620 – x)
Since CGST = SGST = 9%, so GST = CGST + SGST = 18%.
Then, final bill paid by Anil is
(10620 – x)(1 + 18/100) = 10620
⇒ x = 1620.
Therefore, required price is Rs. 1620.

Que-12: The price of a mobile phone is Rs32,000 inclusive of 28% GST on the list price. Vineeta asks for a discount on the list price so that after charging the GST, the final price becomes the list price. Find :
(i) the amount of discount which Vineeta got from the shopkeeper
(ii) the amount of SGST on the discounted value of the mobile.

Sol:  Let the list price of mobile = Rs. x, Then,
x(1 + 28/100) = 32000
⇒ x = 25000
Let the discounted price on mobile = Rs. y. Then,
32000 – y(1 + 28/100) = 25000
⇒ y(1 + 28/100) = 7000
Thus, (i) Required amount of discount = Rs. 7000.
This is discounted amount inclusive of GST.
Thus, (ii) SGST Amount = 7000/2 = Rs. 3500.

Que-13: A calculator manufacturer’s manufacturing cost of a calculator is Rs900 and GST is 18%. He manufactured 120 such calculators. He marked up each by 50% and and sold to a dealer at a discount of 10%. Find the final price dealer paid for the calculators. Also find the total GST received by the State Government.

Sol:  The cost price of one calculator = Rs. 900,
Then, the marked price of one calculator = 900(1 + 50/100) = Rs. 1350
After 10% discount, selling price of one calculator = 1350(1 – 10/100) = Rs. 1215
Thus, selling price of 120 calculators = 1215 x 120 = Rs. 145800
Since GST is 18%, then final bill paid by dealer is
Bill Paid = 145800(1 + 18/100) = Rs. 1720440.
GST is 18%, then CGST = SGST = 9%.
Thus, Required SGST Amount = 145800 x 9/100 = Rs. 13122.

Que-14: The manufacturer produces television sets at a cost of RS32,000. He sells it to a distributor at a profit of RS2,000, distributor sells it to a wholesaler at a profit of RS2500, and wholesaler sell it to a retailer at a profit of RS3,000. Finally retailer sells to costumer at a profit of Rs3500 and the rate of GST is 18%. Find :
(i) the final amount which costumer pays for the article.
(ii) total GST amount.

Sol:  Cost price of television for manufacturer = Rs32000
Cost price of television for distributor = Rs32000 + Rs2000 = Rs34000
Cost price of television for whole-seller = Rs34000 + Rs2500 = Rs36500
Cost price of television for retailer = Rs36500 + Rs3000 = Rs39500
Cost price of television for consumer = Rs39500 + Rs3500 = Rs43000
Since GST is 18%, then
(i) final bill paid by consumer is 43000(1 + 18/100) = Rs50740.
(ii) GST Amount = 50740 – 43000 = Rs7740.

Que-15: A manufacturers washing machines at a cost of Rs11,000. He sells to ‘B’, and ‘B’ sells to ‘C’, ‘C’ sells it to ‘D’. The GST rate is 28% and the profit is Rs1500 at each stage of selling chain. Find :
(i) the total amount of GST and 
(ii) the price including GST ‘D’ paid for the washing machine.

Sol: Final cost price for D = Rs. (11000 + 1500 + 1500 + 1500) = Rs. 15500
Since GST is 28%, then
(i) GST Amount
= 15500 x 28/100
= Rs4340.
(ii) final bill paid by D is (15500 + 4340)
= Rs19840.

Que-16: The manufacturer sold a TV to a wholesaler at a profit of Rs1,000, whose manufacturing cost is Rs15,000. The wholesaler sold it to a trader at a profit of Rs1000. If the trader sold it to the costumer at a profit of Rs1500. Find :
(i) Total GST collected by the State Government at the rate of 28% 
(ii) The amount that the costumer paid for the TV.

Sol:  Since we have given that
Manufacturing cost of T.V. = Rs. 15000
A manufacturer sold T.V, to a wholesaler at a profit of Rs. 1000.
So, Price for wholesaler = 15000+1000 = 16000
A wholesaler sold it to a trader at a profit of Rs. 1000.
So, Price for trader = 16000+1000=17000
A trader sold it to the customer at  a profit of Rs. 1500.
so, Price for customer = 17000+1500 = 18500
Rate of GST = 28%
So, Amount of GST would be
28% of 18,500
= (28/100) × 18500
= 5180

(i) Total GST collected by State Government
= GST paid by consumer = Rs5180.

(ii) Total amount paid by consumer = S.P. of TV + GST
= 18500 + 5180
= Rs23,680

Que-17: Mr. T.N. Naim purchased sportbike for his son at a discount of 15%, having exshowroom price Rs4,00,500. Insurance cover premium of the bike is 8% of the discounted value. The cost of accessories is Rs20,000. Dealer 5% discount on accessories. Rate of GST is 28% on the bike and 18% on the insurance premium and 12% on the accessories. Find : (i) Total amount of GST (to nearest rupee)
(ii) Total amount (to nearest rupee) including the insurance premium paid by Mr. N.T. Naim

Sol:  Ex-showroom price of Sport bike = Rs 400500
After 15% discount, cost price of bike = 400500(1 – 15/100)
= 400500 x 85/100
= Rs340425
Insurance cover premium = 8% of 340425
= 340425 x 8/100
= Rs27234
Cost price of Accessories = Rs20000
After 5% discount, cost price of accessories = 20000(1 – 5/100)
= 20000 x 95/100
= Rs19000

(i) Total amount of GST
= (GST 28% on the bike) + (GST 18% on the insurance premium) + (GST 12% on the accessories)
= (340425 x 28/100) + (27234 x 18/100) + (19000 x 12/100)
= 95319 + 4902.12 + 2280
= 102501.12 = Rs. 102501 (Approx)

(ii) Total amount including the insurance premium paid by Mr. T N Naim
= (Cost Price of the bike) + (Insurance premium) + (Cost price of the accessories) + (GST Amount)

= 340425 + 27234 + 19000 + 102501
= Rs. 489160.

Que-18: A person bought following accessories items :

If the SGST is 2.5%, find the amount paid by him for his purchases. Also find the amount of GST paid by him.

Sol:  Total price for the given items is
Price = (85 x 10) + (6 x 200) + (8 x 50) + (10 x 40) + (12 x 120) = Rs. 4290
Since CGST = SGST is 2.5 %, then GST = CGST + SGST = 5%.
Thus, GST Amount = 5% of 4290 = Rs. 214.5.
And, Total Bill paid by customer = 4290 + 214.5 = Rs. 4505.50.

Que-19: Mrs. Gupta bought following articles from a departmental store:

Find : (i) Total amount of GST  (ii) Total bill amount.

Sol:   After discount,
Cosmetic Price = (2 x 690)(1 – 5/100) = 1311
Tea Set Price = (1 x 1500)(1 – 10/100) = 1350
Shirts Price = (4 x 1200)(1 – 10/100) = 4320
Packed Dry Fruits Price = (4 x 800)(1 – 25/100) = 2400
Unpacked Dry Fruits Price = (1 x 560)(1 – 10/100) = 504
Total Price = 1311 + 1350 + 4320 + 2400 + 504 = Rs. 9885

(i) GST Amount = (1311 x 18/100) + (1350 x 12/100) + (4320 x 12/100) + (2400 x 18/100) +0
= 235.98 + 162 + 518.4 + 432
= Rs. 1348.38.

(ii) Total Bill Amount
= 9885 + 1348.38
= Rs. 11233.38.

Que-20: Mr. Madhukar buys following goods from Big Bazaar.

Find : (i) Total taxable amount   (ii) Total discount amount   (iii) Total GST amount   (iv) Total bill amount

Sol: After discount,
Readymade Garments Price = 4500(1 – 10/100) = 4050
Microwave Price = 25600(1 – 25/100) = 19200
Stationary Price = 3400
Grocery Price = 2400
Bakery Price = 1200
Total Price = 4050 + 19200 + 3400 + 2400 + 1200 = Rs. 30250
(i) Total taxable amount = 4050 + 19200 + 3400 + 2400 = Rs. 29050.
(ii) Total discounted amount = 450 + 6400 = Rs. 6850.
(iii) Total GST amount = 486 + 5376 + 290 = Rs. 6152.
(iv) Total bill amount = 30250 + 6152 = Rs. 36402.

Que-21: Mr. C.S. Chand took a Health insurance policy for his family. Sum insured for self and spouse is Rs5,00,000 each, Rs2,00,000 for his two children. However insurance company offered 10% discount on the total sum insured, and calculated the premium amount 12.5% thereafter. If the GST is 18% on health insurance premium, find total amount including GST he has to pat to the insurance company to buy the policy.

Sol:

Que-22: A courier company at Delhi has 4 type of services for his clients. A industrial house has given following orders. Find the amount of bill.

Sol:  No. of Service of A = 28
Cost = Rs80,   D = net,  GST = 5%
Service A paid = 80×28×1.05
= Rs2352
No. of Services of B = 32
Cost = Rs150,  D = Net,  GST = 5%
Service B paid = 150×32×1.05
= Rs5040
No. of Service of C = 16
Cost = Rs200,  D = 5%,  GST = 12%
Service C paid = 200×16×0.95×1.12
= Rs3404.8
No. of Service of D = 9
Cost = Rs400,  D = 10%,   GST = 18%
Service D paid = 9×400×0.90×1.18
= Rs3823.2
Total bill paid
=  Rs2352 + Rs5040 + Rs3404.8 + Rs3823.2
= Rs14620.

PDF of GST Solved Questions for ICSE Class 10 Maths (OP Malhotra)

---

Additional Questions GST OP Malhotra S.Chand

Question 1:

A dealer X in Meerut (UP) sold a table ………………… 18 % calculate

………………..

Question 2:

A wholesaler A sells a machine to a retailer B for ……………… of the retailer B.

Question 3:

A microwave oven having a marked price …………………. the total amount of bill.

Question 4:

………………………

…………………………

……………………..

Question 11:

A shopkeeper bought  an air conditioner at a discount of 20 % from a wholesaler, the printed price of the air ……………………. for the air conditioner.

— : End of GST Class 10 OP Malhotra ICSE Maths Solutions Ch-1 Goods and service Tax :–

Return to :-   OP Malhotra S Chand Solutions for ICSE Class-10 Maths

Thanks

Please Share with Your Friends