Maharashtra SSC Algebra HOTS Questions with Answers – Financial Planning | Class 10 Board Exam 2027

Asked in: March 2024 board paper (MCQ); March 2025 board paper (as a 1-mark question)

Q.1 In the format of GSTIN, there are _____ alpha-numerals.

Asked in: July 2024 board paper; July 2025 board paper (same question with FV ₹ 100 and premium ₹ 10, answer ₹ 110)

Q.2 Face value of a share is Rs. 100 and premium is Rs. 65, then what is market value of that share?

Asked in: June 2026 board paper

Q.3 Rate of GST on brokerage is _____.

Asked in: March 2026 board paper; June 2026 board paper (reverse form: GST 12%, find CGST and SGST, answer 6% each)

Q.4 On certain article if rate of CGST is 9%, then what is the rate of GST?

Asked in: March 2025 board paper; July 2024 board paper (same activity: ₹ 12,000 invested, FV ₹ 10, premium ₹ 2, answer 1000 shares)

Q.5 Pushpmala has invested ₹ 24,000 and purchased share of FV ₹ 20 at a premium of ₹ 4. Complete the following activity to find the number of shares she purchased.

Activity:
FV = ₹ 20
Premium = ₹ 4
MV = FV + ____ = 20 + ____ = ₹ 24
Number of shares = Total investment / MV = 24,000 / ____ = ____ shares.

Asked in: March 2025 board paper; July 2024 board paper (3-mark activity: MV Rs. 1,000, brokerage 0.1%, answer Rs. 999); July 2025 board paper (purchase value with MV ₹ 200, brokerage 0.3%, answer ₹ 200.60)

Q.6 A share is sold for the market value of ₹ 2,000. Brokerage is paid at the rate of 0.5%. What is the amount received after the sale?

Asked in: July 2024 board paper

Q.7 The taxable value of a wrist watch belt is Rs. 586. Rate of GST is 18%, then what is the price of the belt for the customer?

Asked in: March 2025 board paper; July 2025 board paper (same with 150 shares, answer 5.83%); March 2024 board paper (50 shares of FV ₹ 10 at MV ₹ 25, 30% dividend, answer 12%)

Q.8 Shri Maniklal has purchased 300 shares of F.V. ₹ 100, for M.V. ₹ 120. Company has paid dividend at 7%. Complete the following activity to find the rate of return on his investment.

Activity:
F.V. = ₹ 100, Number of shares = 300, Market value = ₹ 120
(a) Sum invested = M.V. × No. of shares = ____ × ____ = ₹ 36,000
(b) Dividend per share = F.V. × rate of dividend = 100 × ____ = ₹ 7
Total dividend received = 300 × 7 = ₹ ____
(c) Rate of return = \(\dfrac{\text{Dividend income}}{\text{Sum invested}} \times 100 = \dfrac{2100}{36000} \times 100\) = ____ %.

Asked in: March 2024 board paper

Q.9 The total value (with GST) of remote controlled toy car is ₹ 2360. Rate of GST is 18% on toys. Complete the following activity to find the taxable value for the toy car:

Activity:
Total value for toy car with GST = ₹ 2360.
Rate of GST = 18%
Let taxable value for toy car be ₹ \(x\)
\(\therefore \text{GST} = \dfrac{18}{100} \times x\)
\(\therefore\) Total value for toy car = (taxable value for toy car) + ____ ...... Formula
\(\therefore\) 2360 = ____ + \(\dfrac{\text{____}}{100} \times x\)
\(\therefore\) 2360 = \(\dfrac{\text{____}}{100} \times x\)
\(\therefore 2360 \times 100 = 118x\)
\(\therefore x = \dfrac{2360 \times 100}{\text{____}}\)
\(\therefore\) Taxable value for toy car is ₹ ____

Asked in: June 2026 board paper

Q.10 M/s. Jay Chemicals purchased a liquid soap having taxable value ₹ 8,000 and sold it to the consumers for the taxable value ₹ 10,000. Rate of GST is 18%. Find the CGST and SGST payable by M/s. Jay Chemicals.

Activity:
Input Tax = 18% of 8000 = \(\dfrac{\text{____}}{100}\) × 8000 = ₹ ____
\(\therefore\) ITC = ₹ 1440
Output Tax = 18% of 10,000 = \(\dfrac{18}{100}\) × ____ = ₹ ____
\(\therefore\) GST payable = Output tax − ____ = ____ − 1440 = ₹ 360
\(\therefore\) Payable CGST = ₹ 180 and Payable SGST = ₹ 180 by M/s. Jay Chemicals.

Asked in: March 2026 board paper

Q.11 Shreekar bought a Laptop with 10% discount on printed price. The printed price of that Laptop was ₹ 50,000. 18% GST was charged on discounted price. Find the amount of CGST and SGST. What amount did Shreekar pay?

Asked in: March 2026 board paper

Q.12 Smt. Tejaswini purchased 100 shares of FV ₹ 80 when the MV is ₹ 900. She paid brokerage at the rate of 0.5% 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.

Q.13 If the market value of a share is less than its face value, the share is said to be at _____.

Q.14 The GST paid by a trader at the time of purchasing goods is called _____.

Q.15 A share of FV ₹ 10 is available at MV ₹ 8. Which of the following is true?

Q.16 Face value of a share is ₹ 10 and the company declares 15% dividend. Find the dividend on one share.

Q.17 The taxable value of an article is ₹ 1,000 and the rate of GST is 12%. Find the CGST.

Q.18 Rohit bought one share of MV ₹ 250. Brokerage was 0.2% and GST on brokerage was 18%. Find the total cost of the share for Rohit.

Q.19 A tax invoice shows CGST of ₹ 270 charged at the rate of 9% on an article. Find the taxable value of the article and the total amount on the invoice.

Q.20 (Thinking question) Company A offers shares of FV ₹ 100 at MV ₹ 120 and pays 9% dividend. Company B offers shares of FV ₹ 10 at MV ₹ 15 and pays 12% dividend. Which investment gives a better rate of return? Show your working.

Q.21 A wholesaler sold an article to a retailer for a taxable value of ₹ 5,000. The retailer sold it to a customer for a taxable value of ₹ 6,000. Rate of GST is 12%. Find the GST payable by the retailer, and the CGST and SGST in it.

Q.22 The total price of a washing machine including GST at 28% is ₹ 7,680. Find its taxable value, and the CGST and SGST charged.

Q.23 Sunita sold 200 shares at MV ₹ 540 each. She paid brokerage at 0.2% and GST at 18% on brokerage. Find the amount she received.

Q.24 Ramesh wants a rate of return of 10% on shares of FV ₹ 100 which he can buy at MV ₹ 150. What rate of dividend must the company declare? If he buys 40 such shares, what dividend will he get?

Q.25 The annual investments of a family are shown in a pie diagram: Shares 60°, Mutual funds 90°, Bank fixed deposit 120°, Post 90°. The total annual investment is ₹ 72,000.
[Figure: pie diagram with the four sectors and their central angles as given.]
(a) Find the investment in each scheme.
(b) How much more is invested in the bank fixed deposit than in shares?

Q.26 Mr. Desai bought 100 shares at MV ₹ 250 and later sold all of them at MV ₹ 300. Each time he paid brokerage at 0.2% and GST at 18% on brokerage. Find his profit or loss.

Q.27 (Thinking question) Mrs. Kulkarni paid a total of ₹ 40,236 to buy some shares of MV ₹ 400 each, including brokerage at 0.5% and GST at 18% on the brokerage. How many shares did she buy?