Sample QuestionsCommercial Mathematics (p-2) questions
One sample from each question group in this chapter. Select any group above to see the full set with answer keys.
Sudhakar invests ₹ 1344 in buying shares of face value $₹ 24$ selling at a $12 \%$ premium. The dividend on the shares is $15 \%$ per annum. Calculate: The dividend he receives annually.
View full solution →Sudhakar invests ₹ 1344 in buying shares of face value $₹ 24$ selling at a $12 \%$ premium. The dividend on the shares is $15 \%$ per annum. Calculate: The number of shares Sudhakar buys, and
View full solution →A dividend of $9 \%$ was declared on $₹ 100$ shares selling at a certain price in the stock market. If the rate of return is $7.5 \%$ calculate: The amount to be invested to obtain an annual dividend of ₹ 630 .
View full solution →A dividend of $9 \%$ was declared on $₹ 100$ shares selling at a certain price in the stock market. If the rate of return is $7.5 \%$ calculate: The market price of each share, and
View full solution →Ashutosh buys 80 , ₹ 100 shares at a discount of $20 \%$ and receives a return of $12 \%$ on his money. Calculate: The rate of dividend paid by the company.
View full solution →Reshma put an amount at simple interest at a certain rate for 3 years. Had it been put at $2 \%$ higher rate, she would have received ₹ 360 more. Find the sum.
View full solution →Find the single discount equivalent to a series discount of $10 \%, 20 \%$, and $15 \%$.
View full solution →A salesman sold an article at a loss of $10 \%$. If the selling price has been increased by ₹ 80 , there would have been a gain of $10 \%$. What was the cost of the article?
View full solution →By selling 300 lunch boxes, a shopkeeper gains the selling price of 100 lunch boxes. Find his gain percent.
'Sweet 16' A ready made garments shop for Women's garments, purchased stock for ₹ $4,00,000$ and sold that stock for $₹ 5,50,000$ (12\% GST is applicable) Find,
(i) Input Tax Credit
(ii) CGST and SGST paid by the firm.
View full solution →The value of the machine depreciates at the rate of $15 \%$ p.a. It was purchased 2 years ago. Its present value is $₹ 7,225$. What was the purchase price of the machine?
View full solution →The compound interest on $₹ 30000$ at $7 \%$ p.a. is $₹ 4347$. What is the period in years?
View full solution →Ankita's Salary was reduced by $50 \%$. Again the reduced salary was increased by $50 \%$. Find loss in terms of percentage.
View full solution →Rose got $30 \%$ of the maximum marks in an examination and failed by 10 marks. However, Lily who appeared for the same examination got $40 \%$ of the total marks and got 15 marks more than the passing marks. What were the passing marks in the examination?
View full solution →Find the annual dividend received from $₹ 25,000,8 \%$ stock at $₹ 108$.
View full solution →Varun invested $25 \%, 30 \%$, and $20 \%$ of his savings in buying shares of three different companies, 'A', ' $\mathrm{B}$ ', and ' $\mathrm{C}$ ' which declared dividends, $10 \%, 12 \%$, and $15 \%$ respectively. If his total income on account of dividends is ₹ $6,370 /-$, find the amount he invested in buying shares of company ' $B$ '.
View full solution →Nilesh has the option of investing his money in $8 \% ₹ 10$ shares at a premium of $₹ 3.50$ or $7 \%$ $₹ 100$ shares at a premium of $20 \%$. Which of the two investments will be more profitable for him?
View full solution →Vaishnavi bought 1000, ₹ 100 shares from the stock market carrying $8 \%$ dividend quoted at ₹ 130. A few days later the market value of the shares went up by $10 \%$. Vaishnavi sold all her shares. What was her total income from this transaction?
View full solution →Heena Enterprise sold cosmetics worth $₹ 25,000$ to Leena traders, a retailer. Leena Traders sold it further to Meena Beauty Products for ₹ 30,000. Meena Beauty Product sold it further to the customers for ₹ 40,000 . The rate of GST is $18 \%$. Find: GST Payable by each party
View full solution →Prepare business to customers $(B 2 C)$ tax invoice using given information. Write the name of supplier, address, state, Date, Invoice Number, GSTIN etc. as per your choice
Supplier:__________
Address:__________
State:__________
Date:__________
Invoice No:__________
GSTIN:__________
Particular: Rate of Sarees - ₹ 2750
Rate of GST 5\% HSN 5407 - 2 pcs
Rate of Kurta - ₹ 750
Rate of GST 12\% HSN 5408
View full solution →Akash, Sameer, and Sid took a house on rent for one year for ₹ 16,236 . They stayed together for 4 months and then Sid left the house. After 5 more months, Sameer also left the house.
How much rent should each pay?
Mr. Dinesh invests $₹ 20,800$ in $6 \% ₹ 100$ shares at $₹ 104$, and $₹ 14,300$ in $10.5 \% ₹ 100$ shares at $₹ 143$. What will be his annual income from the shares?
View full solution →A and B start a business, with A investing the total capital of $₹ 50,000$, on the condition that $B$ pays interest at the rate of $10 \%$ per annum on his half of the capital. A is a working partner and receives ₹ 1,500 per month from the total profit and any profit remaining is equally shared by both of them. At the end of the year, it was found that the income of A is twice that of B. Find the total profit for the year?
View full solution →Mr. Mehta sold his two luxury cars at $₹ 39,10,000$ each. On one he gains $15 \%$ but on the other, he loses $15 \%$. How much does he gain or lose in the whole transaction?
View full solution →A man sells an article at a profit of $25 \%$. If he had bought it at a $10 \%$ loss and sold it for $₹ 7$ less, he would have gained $35 \%$. Find the cost price of the article.
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