Practice - Commercial Mathematics
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Practice Questions
Test your understanding with targeted questions
What does GST stand for?
💡 Hint: It's an indirect tax.
What is a recurring deposit account?
💡 Hint: Consider how you save money regularly.
3 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What is the total GST on goods worth ₹25,000 at a rate of 18%?
💡 Hint: Think about the calculation: Total amount multiplied by GST rate.
True or False: Input Tax Credit can be claimed for the GST you pay on purchases.
💡 Hint: Consider how GST functions from supplier to customer.
1 more question available
Challenge Problems
Push your limits with advanced challenges
A company sells a product for ₹50,000 and charged 18% GST. Calculate the total amount receivable after tax.
💡 Hint: Remember to add GST to the selling price.
If you have ₹1,500 saved in an RD at an annual interest rate of 6% over 6 months, what will the total maturity value be?
💡 Hint: Make sure to use the formula for interest and add it to your total deposits.
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