P-1 Financial Planning Maths - P-1 Financial Planning

Write the correct alternative for each of the following.
When a registered dealer sells goods to another registered dealer under GST, then this trading is termed as . . .
A. BB
B. B2B
C. BC
D. B2C

Write the correct alternative for each of the following.
In the format of GSTIN there are . . . alpha-numerals.
A. 15
B. 10
C. 16
D. 9

Write the correct alternative for each of the following.
The rate of GST on stainless steel utensils is 18%, then the rate of State GST is . . .
A. 18%
B. 9%
C. 36%
D. 0.9%

Write the correct alternative for each of the following.
GST system was introduced in our country from . . .
A. 31st March 2017
B. 1st April 2017
C. 1st January 2017
D. 1st July 2017

Write the correct alternative for each of the following.
The tax levied by the central government for trading within state is . . .
A. IGST
B. CGST
C. SGST
D. UTGST

Smt. Malhotra purchased solar panels for the taxable value of Rs. 85,000. She sold them for Rs. 90,000. The rate of GST is 5%. Find the ITC of Smt. Malhotra. What is the amount of GST payable by her?

Complete the following table using given information.

Complete the following table using given information.

Complete the following table:

Sr. No.	Face Value	Type	Market Value
(i)	₹ 100	Premium ₹ 25
(ii)		At par	₹ 175
(iii)	₹ 100	Discount ₹ 40

A trader from Surat, Gujarat sold cotton clothes to a trader in Rajkot, Gujarat. The taxable value of cotton clothes is Rs. 2.5 lacs. What is the amount of GST at 5% paid by the trader in Rajkot?

A share is sold for the market value of Rs. 1000. Brokerage is paid at the rate of 0.1%. What is the amount received after the sale?

Market value of a share is Rs. 200. If the brokerage rate is 0.3% then find the purchase value of the share.

Smt. Aruna Thakkar purchased 100 shares of FV 100 when the MV is Rs. 1200. She paid brokerage at the rate of 0.3% and 18% GST on brokerage.
Find the following -
(1) Net amount paid for 100 shares.
(2) Brokerage paid on sum invested.
(3) GST paid on brokerage.
(4) Total amount paid for 100 shares.

Shri. Aditya Sanghavi invested Rs. 50,118 in shares of FV Rs. 100, when the market value is Rs. 50. Rate of brokerage is 0.2% and Rate of GST on brokerage is 18%, then How many shares were purchased for Rs. 50,118?

A ready-made garment shopkeeper gives 5% discount on the dress of Rs. 1000 and charges 5% GST on the remaining amount, then what is the purchase price of the dress for the customer?

A dealer has given 10% discount on a showpiece of Rs. 25,000. GST of 28% was charged on the discounted price. Find the total amount shown in the tax invoice. What is the amount of CGST and SGST?

If the face value of both the shares is same, then which investment out of the following is more profitable?
Company A : dividend 16%, MV = Rs. 80, Company B : dividend 20%, MV = Rs. 120.

Shri Shantilal has purchased 150 shares of FV Rs. 100, for MV of Rs. 120. Company has paid dividend at 7%. Find the rate of return on his investment.

Smt. Deshpande purchased shares of FV Rs. 5 at a premium of Rs. 20. How many shares will she get for Rs. 20,000?

Mr. D'souza purchased 200 shares of FV Rs. 50 at a premium of Rs. 100. He received 50% dividend on the shares. After receiving the dividend he sold 100 shares at a discount of Rs. 10 and remaining shares were sold at a premium of Rs. 75. For each trade he paid the brokerage of Rs. 20. Find whether Mr. D'souza gained or incurred a loss? by how much?

Smt. Desai sold shares of face value Rs. 100 when the market value was Rs. 50 and received Rs. 4988.20. She paid brokerage 0.2% and GST on brokerage 18%, then how many shares did she sell?

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

Smt. Anagha Doshi purchased 22 shares of FV Rs. 100 for Market Value of Rs. 660. Find the sum invested. After taking 20% dividend, she sold all the shares when market value was Rs. 650. She paid 0.1% brokerage for each trading done. Find the percent of profit or loss in the share trading. (Write your answer to the nearest integer.)

Prepare Business to Business (B2B) Tax Invoice as per the details given below. name of the supplier, address, Date etc. as per your choice.
Supplier - Name, Address, State, GSTIN, Invoice No., Date
Recipient - Name, Address, State, GSTIN,
Items :
(1) Pencil boxes 100, HSN - 3924, Rate - Rs. 20, GST 12%
(2) Jigsaw Puzzles 50, HSN 9503, Rate - Rs. 100 GST 12%.

Find the amount received when 300 shares of FV Rs. 100, were sold at a discount of Rs. 30.

Write the correct alternative for the following question.
To find the cost of one share at the time of buying the amount of Brokerage and GST is to be . . . the MV of share .
A. added to
B. substracted from
C. Multiplied with
D. divided by

Write the correct alternative for the following question.
Rate of GST on brokerage is . . .
A. 5%
B. 12%
C. 18%
D. 28%

Write the correct alternative for the following question.
The NAV of a unit in mutual fund scheme is Rs. 10.65 then find the amount required to buy 500 such units.
A. 5325
B. 5235
C. 532500
D. 53250

Courier service agent charged total ₹ 590 to courier a parcel from Nashik to Nagpur. In the tax invoice taxable value is ₹ 500 on which CGST is ₹ 45 and SGST is ₹ 45. Find the rate of GST charged for this service.