Practice Set 4.1
1‘Pawan Medical’ supplies medicines. On some medicines the rate of GST is 12%, then what is the rate of CGST and SGST?
CGST and SGST are always equal, so each is half of GST.
Rate of CGST = 12 ÷ 2 = 6%, Rate of SGST = 6%
CGST = 6%, SGST = 6%
2On certain article if rate of CGST is 9% then what is the rate of SGST? And what is the rate of GST?
Rate of SGST = Rate of CGST = 9%
Rate of GST = CGST + SGST = 9% + 9% = 18%
SGST = 9%, GST = 18%
3‘M/s. Real Paint’ sold 2 tins of lustre paint and taxable value of each tin is ₹ 2800. If the rate of GST is 28%, then find the amount of CGST and SGST charged in the tax invoice.
Taxable value of 2 tins = 2 × 2800 = ₹ 5600
Rate of GST = 28% ∴ Rate of CGST = Rate of SGST = 14%
CGST = 14100 × 5600 = ₹ 784
∴ SGST = ₹ 784
CGST = ₹ 784, SGST = ₹ 784
4The taxable value of a wrist watch belt is ₹ 586. Rate of GST is 18%. Then what is price of the belt for the customer?
Rate of CGST = Rate of SGST = 9%
CGST = 9100 × 586 = ₹ 52.74
SGST = ₹ 52.74
Price for the customer = Taxable value + CGST + SGST
= 586 + 52.74 + 52.74 = ₹ 691.48
Price of the belt for the customer = ₹ 691.48
5The total value (with GST) of a remote-controlled toy car is ₹ 1770. Rate of GST is 18% on toys. Find the taxable value, CGST and SGST for this toy-car.
If the taxable value is ₹ 100, the total value is ₹ 118.
Let the taxable value be ₹ x. Then x1770 = 100118
∴ x = 1770 × 100118 = ₹ 1500
GST = 1770 − 1500 = ₹ 270
∴ CGST = SGST = 2702 = ₹ 135
Taxable value = ₹ 1500, CGST = ₹ 135, SGST = ₹ 135
6‘Tiptop Electronics’ supplied an AC of 1.5 ton to a company. Cost of the AC supplied is ₹ 51,200 (with GST). Rate of CGST on AC is 14%. Find (1) Rate of SGST (2) Rate of GST on AC (3) Taxable value of AC (4) Total amount of GST (5) Amount of CGST (6) Amount of SGST.
(1) Rate of SGST = Rate of CGST = 14%
(2) Rate of GST = 14% + 14% = 28%
(3) For taxable value ₹ 100, total value = ₹ 128. Taxable value = 51200 × 100128 = ₹ 40,000
(4) Total GST = 51,200 − 40,000 = ₹ 11,200
(5) CGST = 112002 = ₹ 5600
(6) SGST = ₹ 5600
SGST 14%; GST 28%; taxable value ₹ 40,000; total GST ₹ 11,200; CGST ₹ 5600; SGST ₹ 5600
7Prasad purchased a washing-machine from ‘Maharashtra Electronic Goods’. The discount of 5% was given on the printed price of ₹ 40,000. Rate of GST charged was 28%. Find the purchase price of washing machine. Also find the amount of CGST and SGST shown in the tax invoice.
Discount = 5% of 40,000 = ₹ 2000
∴ Taxable value = 40,000 − 2000 = ₹ 38,000
Rate of CGST = Rate of SGST = 14%
CGST = 14100 × 38,000 = ₹ 5320
SGST = ₹ 5320
Purchase price = 38,000 + 5320 + 5320 = ₹ 48,640
Purchase price = ₹ 48,640; CGST = ₹ 5320; SGST = ₹ 5320
Practice Set 4.2
1‘Chetana Store’ paid total GST of ₹ 1,00,500 at the time of purchase and collected GST ₹ 1,22,500 at the time of sale during 1st of July 2017 to 31st July 2017. Find the GST payable by Chetana Stores.
Output tax = ₹ 1,22,500; Input tax (ITC) = ₹ 1,00,500
GST payable = Output tax − ITC
= 1,22,500 − 1,00,500 = ₹ 22,000
Payable CGST = Payable SGST = ₹ 11,000
GST payable = ₹ 22,000
2Nazama is a proprietor of a firm, registered under GST. She has paid GST of ₹ 12,500 on purchase and collected ₹ 14,750 on sale. What is the amount of ITC to be claimed? What is the amount of GST payable?
Input tax = ₹ 12,500 ∴ ITC = ₹ 12,500
Output tax = ₹ 14,750
GST payable = 14,750 − 12,500 = ₹ 2250
ITC = ₹ 12,500; GST payable = ₹ 2250
3Amir Enterprise purchased chocolate sauce bottles and paid GST of ₹ 3800. He sold those bottles to Akbari Bros. and collected GST of ₹ 4100. Mayank Food Corner purchased these bottles from Akbari Bros. and paid GST of ₹ 4500. Find the amount of GST payable at every stage of trading and hence find payable CGST and SGST.
Amir Enterprise: Output tax = ₹ 4100, ITC = ₹ 3800
GST payable = 4100 − 3800 = ₹ 300 (CGST ₹ 150, SGST ₹ 150)
Akbari Bros.: Input tax = ₹ 4100 (paid to Amir), Output tax = ₹ 4500 (collected from Mayank)
GST payable = 4500 − 4100 = ₹ 400 (CGST ₹ 200, SGST ₹ 200)
| Trader | GST payable | CGST payable | SGST payable |
|---|
| Amir Enterprise | ₹ 300 | ₹ 150 | ₹ 150 |
| Akbari Bros. | ₹ 400 | ₹ 200 | ₹ 200 |
The question does not give Mayank Food Corner’s sale, so its payable GST cannot be found. Mayank’s ITC is ₹ 4500.
4Malik Gas Agency (Chandigarh Union Territory) purchased some gas cylinders for industrial use for ₹ 24,500, and sold them to the local customers for ₹ 26,500. Find the GST to be paid at the rate of 5% and hence the CGST and UTGST to be paid for this transaction.
Input tax = 5% of 24,500 = 5100 × 24,500 = ₹ 1225
Output tax = 5% of 26,500 = 5100 × 26,500 = ₹ 1325
GST payable = 1325 − 1225 = ₹ 100
CGST payable = UTGST payable = 100 ÷ 2 = ₹ 50
GST payable = ₹ 100; CGST = ₹ 50; UTGST = ₹ 50
5M/s Beauty Products paid 18% GST on cosmetics worth ₹ 6000 and sold to a customer for ₹ 10,000. What are the amounts of CGST and SGST shown in the tax invoice issued?
The tax invoice issued is for the sale of ₹ 10,000.
Output tax = 18% of 10,000 = ₹ 1800
CGST = SGST = 1800 ÷ 2 = ₹ 900
For information: Input tax = 18% of 6000 = ₹ 1080, so GST payable = 1800 − 1080 = ₹ 720 (CGST ₹ 360, SGST ₹ 360).
CGST = ₹ 900 and SGST = ₹ 900 in the tax invoice
6Prepare Business to Consumer (B2C) tax invoice using given information. Mobile Battery ₹ 200, GST 12%, HSN 8507, 1 pc.; Headphone ₹ 750, GST 18%, HSN 8518, 1 pc.
Tax Invoice (B2C)
Supplier: M/s Sai Mobile World, 15, Station Road, Satara – 415001, Maharashtra
GSTIN: 27ABCPD1234K1Z6 | Invoice No.: SMW/045 | Date: 10-Aug-2026
| Sr. | HSN | Item | Qty | Rate (₹) | Taxable value (₹) | CGST rate | CGST (₹) | SGST rate | SGST (₹) | Total (₹) |
|---|
| 1 | 8507 | Mobile Battery | 1 | 200 | 200.00 | 6% | 12.00 | 6% | 12.00 | 224.00 |
| 2 | 8518 | Headphone | 1 | 750 | 750.00 | 9% | 67.50 | 9% | 67.50 | 885.00 |
| | Total | | | 950.00 | | 79.50 | | 79.50 | 1109.00 |
The supplier name, address, GSTIN, invoice number and date are sample details, as the question allows. The calculated amounts are what matter.
7Prepare Business to Business (B2B) Tax Invoice: Pencil boxes 100, HSN 3924, Rate ₹ 20, GST 12%; Jigsaw Puzzles 50, HSN 9503, Rate ₹ 100, GST 12%.
Tax Invoice (B2B)
Supplier: M/s Vidya Stationers, 22, Laxmi Road, Pune – 411030, Maharashtra; GSTIN: 27AAKFV5678M1Z2
Recipient: M/s Balmitra Toys and Books, 8, Main Road, Kolhapur – 416002, Maharashtra; GSTIN: 27AAHFB4321Q1Z9
Invoice No.: VS/112 | Date: 10-Aug-2026
| Sr. | HSN | Item | Qty | Rate (₹) | Taxable value (₹) | CGST 6% (₹) | SGST 6% (₹) | Total (₹) |
|---|
| 1 | 3924 | Pencil boxes | 100 | 20 | 2000.00 | 120.00 | 120.00 | 2240.00 |
| 2 | 9503 | Jigsaw Puzzles | 50 | 100 | 5000.00 | 300.00 | 300.00 | 5600.00 |
| | Total | | | 7000.00 | 420.00 | 420.00 | 7840.00 |
Names, addresses, GSTINs, invoice number and date are sample details. A B2B invoice must show the GSTIN of both the supplier and the recipient.
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Practice Set 4.3
1Complete the following table by writing suitable numbers and words.
| Sr. No. | FV | Share is at | MV |
|---|
| (1) | ₹ 100 | par | ₹ 100 |
| (2) | ₹ 75 | premium ₹ 500 | ₹ 575 |
| (3) | ₹ 10 | discount of ₹ 5 | ₹ 5 |
(1) At par, MV = FV = ₹ 100
(2) FV = MV − Premium = 575 − 500 = ₹ 75
(3) MV < FV, so the share is at a discount of 10 − 5 = ₹ 5
2Mr. Amol purchased 50 shares of Face Value ₹ 100 when the Market value of the share was ₹ 80. Company had given 20% dividend. Find the rate of return on investment.
Sum invested = 50 × 80 = ₹ 4000
Dividend per share = 20% of FV = 20100 × 100 = ₹ 20
Total dividend = 50 × 20 = ₹ 1000
Rate of return = Dividend incomeSum invested × 100 = 10004000 × 100 = 25%
Rate of return = 25%
3Joseph purchased following shares. Find his total investment. Company A: 200 shares, FV ₹ 2, Premium ₹ 18. Company B: 45 shares, MV ₹ 500. Company C: 1 share, MV ₹ 10,540.
Company A: MV = 2 + 18 = ₹ 20; investment = 200 × 20 = ₹ 4000
Company B: investment = 45 × 500 = ₹ 22,500
Company C: investment = 1 × 10,540 = ₹ 10,540
Total investment = 4000 + 22,500 + 10,540 = ₹ 37,040
Total investment = ₹ 37,040
4Smt. Deshpande purchased shares of FV ₹ 5 at a premium of ₹ 20. How many shares will she get for ₹ 20,000?
MV = FV + Premium = 5 + 20 = ₹ 25
Number of shares = Total investmentMV = 20,00025 = 800
She will get 800 shares.
5Shri Shantilal has purchased 150 shares of FV ₹ 100, for MV of ₹ 120. Company has paid dividend at 7%. Find the rate of return on his investment.
Sum invested = 150 × 120 = ₹ 18,000
Dividend per share = 7% of 100 = ₹ 7; total dividend = 150 × 7 = ₹ 1050
Rate of return = 105018,000 × 100 = 356 = 5.83% (approximately)
Rate of return ≈ 5.83%
6If the face value of both the shares is same, then which investment out of the following is more profitable? Company A: dividend 16%, MV = ₹ 80; Company B: dividend 20%, MV = ₹ 120.
Let the face value of each share be ₹ 100.
Company A: dividend = ₹ 16; rate of return = 1680 × 100 = 20%
Company B: dividend = ₹ 20; rate of return = 20120 × 100 = 503 ≈ 16.67%
20% > 16.67%
Investment in Company A is more profitable.
Any common face value gives the same comparison, because both rates of return are in the same ratio.
Practice Set 4.4
1Market value of a share is ₹ 200. If the brokerage rate is 0.3% then find the purchase value of the share.
Brokerage = 0.3% of 200 = 0.3100 × 200 = ₹ 0.60
Purchase value = MV + Brokerage = 200 + 0.60 = ₹ 200.60
Purchase value of the share = ₹ 200.60
2A share is sold for the market value of ₹ 1000. Brokerage is paid at the rate of 0.1%. What is the amount received after the sale?
Brokerage = 0.1% of 1000 = ₹ 1
Amount received = MV − Brokerage = 1000 − 1 = ₹ 999
Amount received = ₹ 999
3Fill in the blanks given in the contract note of sale-purchase of shares. (B − buy, S − sell)
| No. of shares | MV of share | Total value | Brokerage 0.2% | 9% CGST on brokerage | 9% SGST on brokerage | Total value of shares |
|---|
| 100 B | ₹ 45 | ₹ 4500 | ₹ 9 | ₹ 0.81 | ₹ 0.81 | ₹ 4510.62 |
| 75 S | ₹ 200 | ₹ 15,000 | ₹ 30 | ₹ 2.70 | ₹ 2.70 | ₹ 14,964.60 |
Purchase (100 B): value = 100 × 45 = ₹ 4500; brokerage = 0.2% of 4500 = ₹ 9; CGST = SGST = 9% of 9 = ₹ 0.81
Total paid = 4500 + 9 + 0.81 + 0.81 = ₹ 4510.62
Sale (75 S): value = 75 × 200 = ₹ 15,000; brokerage = 0.2% of 15,000 = ₹ 30; CGST = SGST = 9% of 30 = ₹ 2.70
Amount received = 15,000 − 30 − 2.70 − 2.70 = ₹ 14,964.60
For a purchase, brokerage and GST are added to the value; for a sale, they are subtracted.
4Smt. Desai sold shares of face value ₹ 100 when the market value was ₹ 50 and received ₹ 4988.20. She paid brokerage 0.2% and GST on brokerage 18%, then how many shares did she sell?
Brokerage per share = 0.2% of 50 = ₹ 0.10
GST per share = 18% of 0.10 = ₹ 0.018
Amount received per share = 50 − 0.10 − 0.018 = ₹ 49.882
Number of shares = 4988.2049.882 = 100
She sold 100 shares.
5Mr. D’souza purchased 200 shares of FV ₹ 50 at a premium of ₹ 100. He received 50% dividend on the shares. After receiving the dividend he sold 100 shares at a discount of ₹ 10 and remaining shares were sold at a premium of ₹ 75. For each trade he paid the brokerage of ₹ 20. Find whether Mr. D’souza gained or incurred a loss and by how much.
Purchase: MV = 50 + 100 = ₹ 150; cost = 200 × 150 + 20 = ₹ 30,020
Dividend: 50% of 50 = ₹ 25 per share; 200 × 25 = ₹ 5000
Sale 1: MV = 50 − 10 = ₹ 40; received = 100 × 40 − 20 = ₹ 3980
Sale 2: MV = 50 + 75 = ₹ 125; received = 100 × 125 − 20 = ₹ 12,480
Total income = 5000 + 3980 + 12,480 = ₹ 21,460
Loss = 30,020 − 21,460 = ₹ 8560
Mr. D’souza incurred a loss of ₹ 8560.
Problem Set 4A
1Write the correct alternative for each of the following.
(1) Rate of GST on essential commodities is … (A) 5% (B) 12% (C) 0% (D) 18%
(C) 0%
(2) The tax levied by the central government for trading within state is … (A) IGST (B) CGST (C) SGST (D) UTGST
(B) CGST
(3) GST system was introduced in our country from … (A) 31st March 2017 (B) 1st April 2017 (C) 1st January 2017 (D) 1st July 2017
(D) 1st July 2017
(4) 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%
(B) 9%
(5) In the format of GSTIN there are … alpha-numerals. (A) 15 (B) 10 (C) 16 (D) 9
(A) 15
(6) 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
(B) B2B
2A dealer has given 10% discount on a showpiece of ₹ 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?
Discount = 10% of 25,000 = ₹ 2500; taxable value = ₹ 22,500
CGST = 14% of 22,500 = ₹ 3150; SGST = ₹ 3150
Total amount = 22,500 + 3150 + 3150 = ₹ 28,800
Total = ₹ 28,800; CGST = ₹ 3150; SGST = ₹ 3150
3A ready-made garment shopkeeper gives 5% discount on the dress of ₹ 1000 and charges 5% GST on the remaining amount, then what is the purchase price of the dress for the customer?
Discount = 5% of 1000 = ₹ 50; taxable value = ₹ 950
GST = 5% of 950 = ₹ 47.50 (CGST ₹ 23.75 + SGST ₹ 23.75)
Purchase price = 950 + 47.50 = ₹ 997.50
Purchase price = ₹ 997.50
4A trader from Surat, Gujarat sold cotton clothes to a trader in Rajkot, Gujarat. The taxable value of cotton clothes is ₹ 2.5 lacs. What is the amount of GST at 5% paid by the trader in Rajkot?
Both traders are in Gujarat, so it is intra-state trade: CGST + SGST.
GST = 5% of 2,50,000 = ₹ 12,500
CGST = 2.5% of 2,50,000 = ₹ 6250; SGST = ₹ 6250
GST paid = ₹ 12,500 (CGST ₹ 6250 + SGST ₹ 6250)
5Smt. Malhotra purchased solar panels for the taxable value of ₹ 85,000. She sold them for ₹ 90,000. The rate of GST is 5%. Find the ITC of Smt. Malhotra. What is the amount of GST payable by her?
Input tax = 5% of 85,000 = ₹ 4250 ∴ ITC = ₹ 4250
Output tax = 5% of 90,000 = ₹ 4500
GST payable = 4500 − 4250 = ₹ 250 (CGST ₹ 125, SGST ₹ 125)
ITC = ₹ 4250; GST payable = ₹ 250
6A company provided Z-security services for the taxable value of ₹ 64,500. Rate of GST is 18%. Company had paid GST of ₹ 1550 for laundry services and uniforms etc. What is the amount of ITC? Find the amount of CGST and SGST payable by the company.
ITC = ₹ 1550
Output tax = 18% of 64,500 = ₹ 11,610
GST payable = 11,610 − 1550 = ₹ 10,060
CGST payable = SGST payable = 10,060 ÷ 2 = ₹ 5030
ITC = ₹ 1550; CGST payable = ₹ 5030; SGST payable = ₹ 5030
7A dealer supplied Walky-Talky set of ₹ 84,000 (with GST) to police control room. Rate of GST is 12%. Find the amount of state and central GST charged by the dealer. Also find the taxable value of the set.
Taxable value = 84,000 × 100112 = ₹ 75,000
GST = 84,000 − 75,000 = ₹ 9000
CGST = SGST = ₹ 4500
Taxable value = ₹ 75,000; CGST = ₹ 4500; SGST = ₹ 4500
8A wholesaler purchased electric goods for the taxable amount of ₹ 1,50,000. He sold it to the retailer for the taxable amount of ₹ 1,80,000. Retailer sold it to the customer for the taxable amount of ₹ 2,20,000. Rate of GST is 18%. Show the computation of GST in tax invoices of sales. Also find the payable CGST and payable SGST for wholesaler and retailer.
| Tax invoice | Taxable value | CGST 9% | SGST 9% | Total |
|---|
| Wholesaler → Retailer | ₹ 1,80,000 | ₹ 16,200 | ₹ 16,200 | ₹ 2,12,400 |
| Retailer → Customer | ₹ 2,20,000 | ₹ 19,800 | ₹ 19,800 | ₹ 2,59,600 |
Wholesaler: input tax = 18% of 1,50,000 = ₹ 27,000; output tax = ₹ 32,400; payable = ₹ 5400
Retailer: input tax = ₹ 32,400; output tax = 18% of 2,20,000 = ₹ 39,600; payable = ₹ 7200
| Trader | GST payable | CGST payable | SGST payable |
|---|
| Wholesaler | ₹ 5400 | ₹ 2700 | ₹ 2700 |
| Retailer | ₹ 7200 | ₹ 3600 | ₹ 3600 |
9Anna Patil (Thane, Maharashtra) supplied vacuum cleaner to a shopkeeper in Vasai (Mumbai) for the taxable value of ₹ 14,000, and GST rate of 28%. Shopkeeper sold it to the customer at the same GST rate for ₹ 16,800 (taxable value). Find (1) CGST and SGST in the tax invoice issued by Anna Patil (2) CGST and SGST charged by the shopkeeper (3) CGST and SGST payable by the shopkeeper.
(1) CGST = 14% of 14,000 = ₹ 1960; SGST = ₹ 1960
(2) CGST = 14% of 16,800 = ₹ 2352; SGST = ₹ 2352
(3) CGST payable = 2352 − 1960 = ₹ 392; SGST payable = 2352 − 1960 = ₹ 392
(1) ₹ 1960 each (2) ₹ 2352 each (3) ₹ 392 each
10For the given trading chain prepare the tax invoices I, II, III at GST 12%. Wholesaler → Distributor (taxable value ₹ 5000) → Retailer (₹ 6000) → Consumer (₹ 6500). (1) Prepare the statement of GST payable under each head. (2) What amount is paid by the consumer? (3) Which invoices are B2B and B2C?
| Tax invoice | Taxable value | CGST 6% | SGST 6% | Total value |
|---|
| I (Wholesaler → Distributor) | ₹ 5000 | ₹ 300 | ₹ 300 | ₹ 5600 |
| II (Distributor → Retailer) | ₹ 6000 | ₹ 360 | ₹ 360 | ₹ 6720 |
| III (Retailer → Consumer) | ₹ 6500 | ₹ 390 | ₹ 390 | ₹ 7280 |
(1) Statement of GST payable
| Trader | Output tax | ITC | GST payable | CGST | SGST |
|---|
| Wholesaler | ₹ 600 | — | ₹ 600 | ₹ 300 | ₹ 300 |
| Distributor | ₹ 720 | ₹ 600 | ₹ 120 | ₹ 60 | ₹ 60 |
| Retailer | ₹ 780 | ₹ 720 | ₹ 60 | ₹ 30 | ₹ 30 |
| Total | | | ₹ 780 | ₹ 390 | ₹ 390 |
(2) Amount paid by the consumer
₹ 7280
(3) B2B and B2C invoices
Invoices I and II are B2B; invoice III is B2C.
The wholesaler’s own purchase is not given, so no ITC is shown for him.
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Problem Set 4B
1Write the correct alternative for the following questions.
(1) If the Face Value of a share is ₹ 100 and Market value is ₹ 75, then which statement is correct? (A) premium of ₹ 175 (B) discount of ₹ 25 (C) premium of ₹ 25 (D) discount of ₹ 75
(B) The share is at discount of ₹ 25
(2) What is the amount of dividend received per share of face value ₹ 10 and dividend declared is 50%? (A) ₹ 50 (B) ₹ 5 (C) ₹ 500 (D) ₹ 100
(B) ₹ 5
(3) The NAV of a unit in mutual fund scheme is ₹ 10.65, then find the amount required to buy 500 such units. (A) 5325 (B) 5235 (C) 532500 (D) 53250
(A) 5325
(4) Rate of GST on brokerage is … (A) 5% (B) 12% (C) 18% (D) 28%
GST on brokerage services is 18%.
(C) 18%
(5) 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) subtracted from (C) multiplied with (D) divided by
Cost of one share = MV + brokerage + GST
(A) added to
2Find the purchase price of a share of FV ₹ 100 if it is at premium of ₹ 30. The brokerage rate is 0.3%.
MV = 100 + 30 = ₹ 130
Brokerage = 0.3% of 130 = ₹ 0.39
Purchase price = 130 + 0.39 = ₹ 130.39
Purchase price = ₹ 130.39
3Prashant bought 50 shares of FV ₹ 100, having MV ₹ 180. Company gave 40% dividend on the shares. Find the rate of return on investment.
Sum invested = 50 × 180 = ₹ 9000
Dividend = 40% of 100 = ₹ 40 per share; total = 50 × 40 = ₹ 2000
Rate of return = 20009000 × 100 = 2009 ≈ 22.22%
Rate of return ≈ 22.22%
4Find the amount received when 300 shares of FV ₹ 100 were sold at a discount of ₹ 30.
MV = 100 − 30 = ₹ 70
Amount received = 300 × 70 = ₹ 21,000
Amount received = ₹ 21,000
5Find the number of shares received when ₹ 60,000 was invested in the shares of FV ₹ 100 and MV ₹ 120.
Number of shares = 60,000120 = 500
500 shares
6Smt. Mita Agrawal invested ₹ 10,200 when MV of the share is ₹ 100. She sold 60 shares when the MV was ₹ 125 and sold remaining shares when the MV was ₹ 90. She paid 0.1% brokerage for each trading. Find whether she made profit or loss and how much.
Number of shares = 10,200100 = 102
Brokerage on purchase = 0.1% of 10,200 = ₹ 10.20; total cost = ₹ 10,210.20
Sale of 60 shares at ₹ 125: 7500 − 0.1% of 7500 = 7500 − 7.50 = ₹ 7492.50
Sale of 42 shares at ₹ 90: 3780 − 0.1% of 3780 = 3780 − 3.78 = ₹ 3776.22
Total received = 7492.50 + 3776.22 = ₹ 11,268.72
Profit = 11,268.72 − 10,210.20 = ₹ 1058.52
She made a profit of ₹ 1058.52.
Here ₹ 10,200 is taken as the market value of the shares bought (102 shares), with the brokerage paid on top. If ₹ 10,200 were meant to include brokerage, the number of shares would not be a whole number.
7Face Value is ₹ 100 for both shares. Company A: MV ₹ 132, dividend 12%; Company B: MV ₹ 144, dividend 16%. Investment in which company is more profitable?
Company A: rate of return = 12132 × 100 ≈ 9.09%
Company B: rate of return = 16144 × 100 ≈ 11.11%
Investment in Company B is more profitable.
8Shri. Aditya Sanghavi invested ₹ 50,118 in shares of FV ₹ 100, when the market value is ₹ 50. Rate of brokerage is 0.2% and Rate of GST on brokerage is 18%. How many shares were purchased?
Brokerage per share = 0.2% of 50 = ₹ 0.10
GST per share = 18% of 0.10 = ₹ 0.018
Cost of one share = 50 + 0.10 + 0.018 = ₹ 50.118
Number of shares = 50,11850.118 = 1000
1000 shares were purchased.
9Shri. Batliwala sold shares of ₹ 30,350 and purchased shares of ₹ 69,650 in a day. He paid brokerage at the rate of 0.1% on sale and purchase. 18% GST was charged on brokerage. Find his total expenditure on brokerage and tax.
Total value traded = 30,350 + 69,650 = ₹ 1,00,000
Brokerage = 0.1% of 1,00,000 = ₹ 100
GST = 18% of 100 = ₹ 18
Total expenditure = 100 + 18 = ₹ 118
Total expenditure on brokerage and tax = ₹ 118
10Smt. Aruna Thakkar purchased 100 shares of FV 100 when the MV is ₹ 1200. She paid brokerage at the rate of 0.3% and 18% GST on brokerage. Find (1) Net amount paid for 100 shares (2) Brokerage paid (3) GST paid on brokerage (4) Total amount paid for 100 shares.
(1) Net amount = 100 × 1200 = ₹ 1,20,000
(2) Brokerage = 0.3% of 1,20,000 = ₹ 360
(3) GST = 18% of 360 = ₹ 64.80
(4) Total = 1,20,000 + 360 + 64.80 = ₹ 1,20,424.80
(1) ₹ 1,20,000 (2) ₹ 360 (3) ₹ 64.80 (4) ₹ 1,20,424.80
11Smt. Anagha Doshi purchased 22 shares of FV ₹ 100 for Market Value of ₹ 660. Find the sum invested. After taking 20% dividend, she sold all the shares when market value was ₹ 650. She paid 0.1% brokerage for each trading done. Find the percent of profit or loss in the share trading (to the nearest integer).
Value of shares = 22 × 660 = ₹ 14,520; brokerage = 0.1% of 14,520 = ₹ 14.52
Sum invested = 14,520 + 14.52 = ₹ 14,534.52
Dividend = 20% of 100 = ₹ 20 per share; 22 × 20 = ₹ 440
Sale: 22 × 650 = ₹ 14,300; brokerage = ₹ 14.30; received = ₹ 14,285.70
Total income = 14,285.70 + 440 = ₹ 14,725.70
Profit = 14,725.70 − 14,534.52 = ₹ 191.18
Percent profit = 191.1814,534.52 × 100 ≈ 1.32% ≈ 1%
Sum invested = ₹ 14,534.52 (₹ 14,520 without brokerage); profit ≈ 1%
