ICSE Maths GST MCQ Type Questions Class-10

ICSE Class-10 Maths MCQ Type Questions for Sem-1. These MCQ  / Objective Type Questions is based on latest reduced syllabus according 2021-22 session on bifurcated pattern. Main motto of MCQ Type Question is cracking the next upcoming exam of council. Visit official website CISCE for detail information about ICSE Board Class-10 Maths.

MCQ Type Questions ICSE Class-10 Maths for Sem-1

Board	ICSE
Class	10th ( x )
Subject	Maths
Chapter	GST
Syllabus	on bifurcated syllabus (after reduction)
bifurcated pattern	Semester-1
Session	2021-22
Topic	MCQ / Objective Type Question

Question-1. A shopkeeper buys an article from a wholesaler for 20000 and sells it to a consumer at 10% profit. If the rate of GST is 12%, find the tax liability of the shopkeeper.

(a) 2000

(b) 2200

(c)1100

(d) None of above

Answer-(b) 2200

CP of article  = 20000

Profit = 10% profit

rate of GST is 12%

to find the tax liability first find Selling Price

SP= CP+ Profit

SP = 20000 + 20000 x 10/100

=20000 + 2000

= 22000

now the tax liability= output CGST + SGST- input CGST + SGST

22000 x5/100 +  22000 x5/100

1100 + 1100

2200

Question-2.

The printed price of an article is 50000. The wholesaler allows a discount of 10% to a shopkeeper. The shopkeeper sells the article to a consumer at 4% above the marked price. If the sales are intra-state and the rate of GST is 18%, find:  the amount inclusive of tax (under GST) which the shopkeeper pays for the article

(a) 53100

(b) 5000

(c) 9000

(d) None of above

Answer-(a) 53100

The amount inclusive of tax (under GST) which the shopkeeper pays for the articles.

Rate of discount given by the wholesaler = 10%

CP of an article for shopkeeper = Marked price – Discount

= ₹50000 – 10% of ₹50000

= ₹50000 – (10/100) × 50000

= ₹50000 – 5000

= ₹45000

Amount of GST paid by dealer to wholesaler,

CGST = SGST = 9% of ₹45000

= (9/100) × 45000

= ₹4050

Amount paid by shopkeeper for an article = CP of an article for shopkeeper + CGST paid by consumer + SGST paid by consumer = ₹45000 + ₹4050 + ₹4050 = ₹53100

Question-3

A shopkeeper buys an article from a manufacturer for 12000 and marks up it price by  25%. The shopkeeper gives a discount of 10% on the marked up price and he gives further off-season discount of 5% on the balance to a customer of T.V. If the sales are intra-state and the rate of GST is 12%, find:  the price inclusive of tax (under GST) which the consumer pays for the T.V

(a) 11080

(b) 1505

(c) 3425

(d) ₹14364

Answer-(d) ₹14364

It is a case of intra-state

Therefore SGST = CGST = ½ GST

Given:

 The price inclusive of tax (under GST) which the consumer pays for the TV.

CP of an article for shopkeeper = ₹12000

Marked price of article = ₹12000 + 25% of ₹12000

= ₹12000 + (25/100) × 12000

= ₹15000

Amount of discount given by shopkeeper = 10% of ₹15000

= (10/100) × 15000

= ₹1500

Again, shopkeeper gives off season discount of 5% on the balance = 5% of (15000 – 1500) = (5/100) × 13500

= ₹675

CP of TV for consumer = ₹13500 – ₹675 = ₹12825

Amount of GST paid by consumer = 12% of ₹12825

= (12/100) × 12825

= ₹1539

The price inclusive of tax (under GST) which the consumer pays for the TV = ₹12825 + ₹1539 = ₹14364

Question-4

A shopkeeper in Delhi buys an article at the printed price of 24000 from a wholesaler in Mumbai. The shopkeeper sells the article to a consumer in Delhi at a profit of 15% on the basic cost price. If the rate of GST is 12%, find:
(i) the price inclusive of tax (under G5T) at which the shopkeeper bought the article.
(ii) the amount which the consumer pays for the article.

a) ₹26880 , ₹30912

(b) ₹25880 , ₹30912

(c)  ₹26880 , ₹30902

(d)  ₹26800 , ₹30902

Answer-a) ₹26880 , ₹30912

CP of an article for shopkeeper = ₹24000

Rate of GST = 12%

IGST collected by wholesaler from shopkeeper = 12% of ₹24000

= (12/100) × 24000

= ₹2880

The price inclusive of tax (under GST) at which the wholesaler bought the article =

CP of article for shopkeeper + IGST paid by shopkeeper to wholesaler = ₹24000 + ₹2880

= ₹26880

(ii) The amount which the consumer pays for the article.

CP of an article for shopkeeper = ₹24000

Profit on CP of article = 15% of CP

SP of an article by the shopkeeper to consumer = CP + Profit

= ₹24000 + 15% of ₹24000

= ₹24000 + (15/100) × 24000

= ₹24000 + 3600

= ₹27600

The amount which the consumer pays for the article = CP of article for consumer + CGST paid by the consumer + SGST paid by consumer =

₹27600 + 6% of ₹27600 + 6% of ₹27600 =

₹27600 + (6/100) × ₹27600 + (6/100) × ₹27600 = ₹27600 + ₹1656 + ₹1656

= ₹30912

Question-5.

Kiran purchases an article for * 5310 which includes 10% rebate on the marked price and 18% tax (under GST) on the remaining price. Find the marked price of the article.

a) ₹4500

b) ₹5000

c) ₹5500

d) ₹6000

Answer-  b) ₹5000

Rate of GST = 18%

CP of an article = x – 10% of x

= x – (10/100)x

= 90x/100

= 9x/10

Amount of GST on CP of article = 18% of 9x/10

= (18/100) × 9x/10

Total CP of article = 9x/10 + [(18/100) × 9x/10] – 9x/10(1 + 18/100) – (118/100) × 9x/10

It is given that, CP of an article including tax = ₹5310

So,

(118/100) × 9x/10 = 5310

x = 5310 × (100/118) × (10/9)

= 5000

---

 

 Read the following and then tick correct option of Q-6 to Q-11

A retailer purchases a fan for Rs 1500 from a wholesaler and sells t to a consumer at 10%profit if the sales are intra-state and the rate of GST is 12%, then choose the correct answer from the given four options for questions 1 to 6:

Question 6 The selling price of the fan by the retailer (excluding tax) is?

(a) Rs.1500

(b) Rs.1650

(c) Rs. 1848

(d) Rs. 1800

Answer (b) Rs.1650

Cost price of fan for retailer = ₹ 1500

Question 7  The selling price of the fan including tax (under GST) by retailer is?

(a) Rs.1650

(b) Rs.1800

(c) Rs.1848

(d) Rs.1830

Answer (c) Rs.1848

Given, GST (rate) = 12%

Question 8 The tax (under GST) paid by the wholesaler to the Central Government is ?

(a)Rs 90

(b)Rs 9

(c)Rs 99

(d) Rs 180

Answer (a)Rs 90

[SGST – CGST = ½ × rate of GST – 6%]

Question 9 The tax (under GST) paid by the retailer to the State Government ?

(a) Rs 99

(b) Rs 9

(c)Rs 18

(d)Rs 198

Answer (b) Rs 9

Amount of input SGST of the retailer = 6% of ₹ 1500

Amount of tax (under GST) paid by retailer to State Government = Output SGST – Input SGST

Question- 10 The tax (under GST) received by the Central Government is ?

(a)Rs 18

(b) Rs 198

(c) Rs 90

(d)Rs 99

Answer- (d)Rs 99

Amount of CGST paid by the retailer = Output CGST – Input CGST

= ₹ (99-90) = ₹9

Thus, amount of tax (under GST) received by Central Government

= CGST paid by distributor + CGST paid by retailer

= (6% of ₹1500) + 9

= 90 + 9 = ₹99

Question -11 The cost of the fan to the consumer inclusive of tax is ?

(a)Rs 1650

(b) Rs 1800

(c)Rs 1830

(d) Rs 1848

Answer -(d) Rs 1848

Here, selling price of fan = ₹1650

GST on fan = 12% of ₹1650

---

 Read the following and then tick correct option of Q-12 to Q-16

A shopkeeper bought a TV from a distributor at a discount of 25% of the listed price of  Rs 32000. The shopkeeper sells the TV to a consumer at the listed price. if the sales are intra-state and the rate of GST la 18%, then choose the correct er from the given four options for questions 7 to 11:

Question -12

The selling price of the TV including tax (under GST?) by the distributor is?

(a) Rs 32000

(b) Rs 24000

(c) Rs 28320

(4) Rs 26160

Answer- (c) Rs 28320

It is case of intra state

Discount = 32000 x 25/100

= 8000

SP= 32000-8000

=24000

SP with GST by distributor

24000 + 24000 x 18/100

=28320

Hence option (c) is correct

Question- 13 The tax (under GST) paid by the distributor to the State Government is

(a) Rs 4320

(b) Rs 2160

(c) Rs 2880

(d) Rs 720

Answer -(b) Rs 2160

Tax (under GST) paid by distributor to the State Government

= SGST = 9% of ₹24000

(a)Rs 720

(b)Rs 1440

(c) Rs 2880

(4)Rs 2160

Answer -(a) Rs 720

Amount of input CGST by the shopkeeper,

CGST = ₹2160, SGST = ₹2160

Amount of GST collected by the shopkeeper or paid by the consumer

= 18% of ₹32000

Amount of CGST paid by shopkeeper to Central Government = Output CGST – Input CGST

= 2880-2160 = ₹720

Question 15 The tax (under GST) received by the State Government is?

(a)Rs 5760

(b) Rs 4320

(c) Rs 1440

(d) Rs 2880

Answer (d) Rs 2880

Amount of SGST paid by Shopkeeper to state government = ₹ 720

∴ Total tax (under GST) received by State Government = ₹2160 +₹720 = ₹2880

Question -16 The price including tax (under GST) of the TV paid by the consumer is

(a)Rs 28320

(b) Rs 37760

(c) Rs 34880

(d) Rs 32000

Answer -(b) Rs 37760

Consumer buy on list price 32000

It is a case of intra-state transaction of goods and services.

SGST = CGST = ½ GST

Given:

The price inclusive of tax (under GST) which the consumer pays for the TV.

CP of an article for shopkeeper = ₹32000

SP  of article = ₹32000 + 18% of ₹32000

= ₹32000 + (18/100) × 32000

= ₹32000 + 5760

= 37760

---

Question-17. Mukerjee purchased  a movie camera for Rs 25488 which includes 10%rebate on the list price and 18% tax (under GST) on the remaining Price. Find the marked price of the camera.

(a)Rs 24000

(b) Rs 20000

(c) Rs 24500

(4) Rs 24300

Answer -(a)Rs 24000

Let the marked price of the camera = ₹100

Rebate of 10% = 10% discount = ₹10

Remaining (selling) price of the camera = ₹90

The rate of GST = 18%

So, tax (under GST) = 18% of ₹90 = ₹16.2

Total cost of the camera = Selling price + GST

= ₹90 + ₹16.2

= ₹106.20

Now,

Given purchase price = ₹25488

If purchase price is ₹106.20 then marked price is ₹100

So, if purchase price is ₹1 then marked price is ₹(100/ 106.20)

Thus, if purchase price is ₹25488 then marked price is

₹ {(100/106.20) x 25488} = ₹24000

Therefore, the marked price of the movie camera = ₹24000

Question 18  A computer mechanic in Delhi charges repairing cost from five different persons A, B, C, D and E with certain discounts. The repairing costs and the corresponding discounts are as given below :

Name of the person	A	B	C	D	E
Repairing cost (in Rs.)	5500	6250	4800	7200	3500
Discount %	30	40	30	20	40

If the rate of GST is 18%, find the total money (including GST) received by the mechanic.

(a)Rs Rs. 22,207.6

(b) Rs 22107.6

(c) Rs 22205.6

(4) Rs 2203.6

Answer -(a)  Rs. 22,207.6

Name of the person	Repairing cost (in Rs.)	Discount %	Discount	Selling price	CGST (9%)	SGST (9%)
A	5500	30	1650	3850	346.5	346.5
B	6250	40	2500	3750	337.5	337.5
C	4800	30	1440	3360	302.4	302.4
D	7200	20	1440	5760	518.4	518.4
E	3500	40	1400	2100	189	189
Total				18,820	1693.8	1693.8

The total money (including GST) received by the mechanic is 18,820 + 1693.8 + 1693.8 = Rs. 22,207.6

Question 19

Find the amount of bill for the following inter-state transaction of goods/services. The GST rate is 18%.

Quantity (no. of items)	35	47	20
MRP of each item (in Rs.)	420	600	350
Discount %	10	10	20

(a)Rs 52,165.8

(b) Rs 52,166.8

(c) Rs 52,167.8

(d) Rs. 52,168.8

Answer -(c) Rs 52,167.8

Quantity	MRP	Total MRP	Discount %	Discounted price	Selling price	CGST @ 9%	SGST @ 9%
35	420	14,700	10	1470	13,230	1190.7	1190.7
47	600	28,200	10	2820	25,380	2284.2	2284.2
20	350	7000	20	1400	5600	504	504
Total					44,210	3978.9	3978.9

Amount of bill = Selling price + CGST + SGST

= 44,210 + 3978.9 + 3978.9

= Rs. 52,167.8

Question 20 The tax invoice of a telecom service in Meerut shows cost of services provided by it as Rs. 750. If the GST rate is 18%, find the amount of the bill.

(a)Rs  135 + 18% of 135

(b) Rs 175 + 18% of 750

(c) Rs 135 + 18% of 750

(d) Rs. 750 + 18% of 750

Answer -(d) Rs. 750 + 18% of 750

According to the question,

GST = 18% of 750

The amount of bill = 750 + 135 = Rs. 885

Question 21

Mr. Pankaj took Health Insurance Policy for his family and paid Rs. 900 as SGST. Find the total annual premium paid by him for this policy, rate of GST being 18%.

(a) Rs. 10,000

(b) Rs 11000

(c) Rs 12000

(d) Rs. 13000

Answer -(a) Rs. 10,000

Let the total annual premium paid by Mr. Pankaj be Rs. x. According to the question, 18% of x = SGST + CGST  18% of x = 1800  SGST = CGST

Question 22

Goods/services are sold from Kota (Rajasthan) to Mumbai for Rs. 20,000 and then from Mumbai to Pune. If the rate of GST is 12% and the profit made at Mumbai is Rs. 5000; find the net GST paid at Pune, if the dealer at Pune is the end-user.

(a) Rs. 6% of 20,000 , 6% of 20,000

(b) Rs. 6% of 20,000 , 6% of 25,000

(c) Rs Rs. 6% of 25,000 , 6% of 20,000

(d) Rs. 6% of 25,000 , 6% of 25,000

Answer -(d) Rs. 6% of 25,000 , 6% of 25,000 

For the dealer in Mumbai (inter-state transaction)

CP = Rs. 20,000

IGST = 12% of Rs. 20,000 =

Profit = Rs. 5000

SP = Rs. 25,000

For the dealer in Pune (intra-state transaction)

CP = Rs. 25,000

CGST = 6% of 25,000 = Rs. 1500

SGST = 6% of 25,000 = Rs. 1500

GST payable by the end user at Pune = 1500 + 1500 = Rs. 3000

Question 23

For a dealer A, the list price of an article is Rs. 9000, which he sells to dealer B at some lower price. Further, dealer B sells the same article to a customer at its list price. If the rate of GST is 18% and dealer B paid a tax, under GST, equal to Rs. 324 to the government, find the amount (inclusive of GST) paid by dealer B.

(a) Rs. 8496

(b) Rs. 8400

(c) Rs 8490

(d) Rs. 8492

Answer -(a) Rs. 8496

Let A sells to dealer B at Rs. x lower price.

According to the question,

Net Tax paid by dealer B is

⇒ Out put tax – Input Tax = Rs. 324

⇒ 18% of 9000 – 18% of (9000 – x) = 324

⇒ 1620 – 1620 + 18% of x = 324

⇒ 18% of x = 324

⇒ x = 1800

Hence, selling price of B = 9000 – 1800 = Rs. 7200

The amount (inclusive of GST) paid by dealer B

= 7200 + 18% of 7200

= 7200 + 1296

= Rs. 8496

–: End of ICSE Class-10 GST MCQ Type Questions :-

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