ICSE Class 10 Maths Goods and Services Tax PYQs with Solution

Goods and Services Tax (GST) is an important topic that students encounter in ICSE Class 10 Mathematics curriculum. It is a comprehensive indirect tax levied on the supply of goods and services in India. Understanding the concepts of GST is crucial as it forms the basis for studying various mathematical aspects related to taxation and financial calculations. The Brainbox Tutorials has prepared Goods and Services Tax PYQs with solution for ICSE Class 10 students. The PYQs from GST has been asked from the year 2020 to 2023.

Understanding Goods and Services Tax (GST)

GST is a revolutionary tax reform introduced in India to replace multiple indirect taxes levied by the central and state governments. It is aimed at simplifying the taxation system and creating a unified market across the country. GST is applicable to the supply of goods and services at each stage of the supply chain, from manufacturing to final consumption.

The rates vary depending on the nature of the goods or services. Additionally, certain goods and services are exempt from GST or fall under special categories with lower rates.

Importance of studying GST for Class 10 students

Studying GST holds immense importance for Class 10 students. It equips them with essential knowledge about taxation, which is a crucial aspect of the economy. Understanding GST helps students develop a strong foundation in financial literacy and prepares them for future challenges related to commerce, economics, and accounting.

Moreover, GST calculations often appear in various competitive exams, including those held for entrance into higher education institutions. Mastering the concepts of GST in Class 10 enables students to tackle such questions with confidence.

ICSE Class 10 Maths Goods and Services Tax PYQs PDF

ICSE Class 10 Maths Goods and Services Tax PYQs

Q1. The printed price of an article is Rs.3080. If the rate of GST is 10%, then the GST charged is:
(a) Rs. 154
(b) Rs. 308
(c) Rs. 30.80
(d) Rs. 15.40 [2023]

Solution: (b) Rs. 308

Step-by-step Explanation:

Printed Price = Rs. 3080

rate of GST= 10%

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Q2. Mr. Arora bought the following articles from a departmental store:

Sl. No.	Item	Price (Rs.)	Rate of GST	Discount
1.	Hair oil	1200	18%	Rs. 100
2.	Cashew nuts	600	12%	12%

Find the:
(i) Total GST paid.
(ii) Total bill amount including GST. [2023]

Solution: (i) Rs. 270 (ii) Rs. 1970

Step-by-step Explanation:

1. For hair oil
MRP = Rs. 1200
Rate of GST = 18%
Discount = Rs. 100
Cost price = Rs. 1100
GST paid = 18% of 1100 = Rs. 198

2. For Cashew nuts
MRP = Rs. 600
As there is no discount, so cost price = MRP = Rs. 600
GST paid = 12% of 600 = Rs. 72

(i) Total GST paid = 198 + 72 = Rs. 270

(ii) Total bill amount including GST = 1100 + 600 + 270 = Rs. 1970

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You can watch the video solution of Goods and Services Tax PYQs HERE.

Q3. The marked price of an article is Rs. 5000. The shopkeeper gives discount of 10%. If the rate of GST is 12%, then the amount paid by the customer including GST is:
(a) Rs. 5040
(b) Rs. 6100
(c) Rs. 6272
(d) Rs. 6160 [2022 Semester-1]

Solution: (a) Rs. 5040

Step-by-step Explanation:

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Q4. The selling price of a shirt excluding GST is Rs.800. If the rate of GST is 12%, then the total price of the shirt is:
(a) Rs. 704
(b) Rs. 96
(c) Rs. 896
(d) Rs. 848 [2021 Semester-1]

Solution: (c) Rs. 896

Step-by-step Explanation:

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Q5. The percentage share of SGST of total GST for an intra-state sale of an article is
(a) 25%
(b) 50%
(c) 75%
(d) 100% [2021 Semester-I]

Solution: (b) 50%

Step-by-step Explanation:

If there is intra-state sale, i.e. sale within same state, then total GST is distributed equally to state SGST and centre CGST.

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Q6. The following bill shows the GST rates and the marked price of articles A and B:

BILL: GENERAL STORE

Article	M.P.	Rate
A	Rs. 300	12%
B	Rs. 1200	5%

The total amount to be paid for the above bill is
(a) 1548
(b) 1596
(c) 1560
(d) 1536 [2021 Semester-I]

Solution: (b) 1596

Step-by-step Explanation:

For Article A,

Total S.P. = M.P. + GST

= 300 + 12% of 300

= 300 + 36

= 336

For Article B,

Total S.P. = M.P. + GST

= 1200 + 5% of 1200

= 1200 + 60

= 1260

Therefore, total bill = Rs. 336 + Rs. 1260 = Rs. 1596

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ICSE Class 10 Mathematics Board Chapter-wise PYQs with Solution

Q7. Mr. Bedi visits the market and buys the following articles:

Medicines costing Rs.950, GST @ 5%
A pair of shoes costing Rs.3000, GST @18%
A laptop bag costing Rs.1000 with a discount of 30%, GST @ 18%

(i) Calculate the total amount of GST paid.
(ii) The total bill amount including GST paid by Mr. Bedi [2020]

Solution: (i) Rs. 713.50 (ii) Rs. 5363.50

Step-by-step Explanation:

For Medicines
Cost = Rs. 950
GST% = 5%
GST = 5% of 950 = Rs. 47.50

For Shoes
Cost = Rs. 3000
GST% = 18%
GST = 18% of 3000 = Rs. 540

For Laptop bag
Cost = Rs. 1000
Discount = 30%
Discounted price = 1000 – 30% of 1000 = (1000 – 300)= 700
GST% = 18%
GST = 18% of 700 = Rs. 126

(i) Total GST = 47.50 + 540 + 700 = Rs. 713.50
(ii) Total bill = 713.50 + 950 + 3000 + 700 = Rs. 5363.50

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