Home
Class 10
MATHS
A shae broker received a brokerage Rupee...

A shae broker received a brokerage Rupees 5000. He paid Rupees 900 as GST on brokerage. What is the rate of GST ?

A

0.18

B

0.09

C

0.2

D

0.1

Text Solution

Verified by Experts

The correct Answer is:
A
The rate of GST `= ( "GST")/("brokerage") xx 100`]
Promotional Banner

Topper's Solved these Questions

  • FINANCIAL PLANNING

    NAVNEET PUBLICATION - MAHARASHTRA BOARD|Exercise 4.2|6 Videos

  • FINANCIAL PLANNING

    NAVNEET PUBLICATION - MAHARASHTRA BOARD|Exercise 4.3|8 Videos

  • COORDINATE GEOMETRY

    NAVNEET PUBLICATION - MAHARASHTRA BOARD|Exercise Assignment 6.5|13 Videos

  • GEOMETRIC CONSTRUCTIONS

    NAVNEET PUBLICATION - MAHARASHTRA BOARD|Exercise CHALLENGING QUESTION|4 Videos

Similar Questions

Explore conceptually related problems

Rate of GST on brokerage is ……………….

If the rate of GST ono chocolatesif 28%. What is the rate of SGST on it ?

The MV of shares is Rs 5000 Brokerage is paid at 1% and the rate of GST on brokerage is 18% what is the amount of GST ?

Shri Desai sold 100 shares at MV Rupees 150. (i) What is the total value of the shares ? (ii) What brokerage is paid at 0.2% (iii) What GST is paid on brokerage at the rate of 18% ? (iv) What amount did Shri Desai receive ?

What amount is received by selling 150 shares of FV Rupees 100 at a premium of Rupees 20? Brokerage is paid at the rate of 0.3 %.

Kriti purchased 100 shares, each of face value 100 when the market price was Rupee45. She paid 2%, brokerage.If the rateof GST on the brokerageis18%, find the total amount she spent.

Shri Patil purchased 140 shasres of a company at MV Rs. 1150. FV of the share is Rs. 100. Brokerage is paid at 0.3% and GST onbrokerage is 18%. Find (i) the total value of the shares. (ii) the brokerage paid (iii) GST paid on brokerage (iv) total investment for purchasing shares.

FV of a share is Rupees 100 and MV is Rupees 150. What brokerage of 0.5% is to be given per share ?