SMART LEARNERS COACHING CLASSES AKOLA
Test No 2 (Second Semester) (Maths 1) (19 Dec 2023)
Std : IX Subject : Maths II Marks : 20 Time : 2 hours
Q.1 A For every sub question 4 alternative answers are given. Choose the correct answer and
Write the alphabet of it: (4m)
1) Any person liable to pay income tax according to the Income Tax Rules is termed an
(A) Assessee (B) Non Payer (C) Taxee (D) None
2) The main objective of financial planning is
(A) Loss of wealth (B) Growth of wealth (C) Expenses (D) Trading
3) Sana spends 90% of the money that she receives every month, and saves Rs. 160. How
much money does she get monthly ?
(A) 1200 (B) 16000 (C) 1600 (D) 160000
4) What is the long form of GPF
(A) General Provident Fund (B) General Public Fund
(C) General Private Fund (D) General Professional Fund
Q.1 B Solve the following questions. (4m)
1) Mr Sahil invest 17% of his income. His income is 51,000. How much amount did he invest?
2) Alka spends 90% of the money that she receives every month, and saves Rs. 120. How
much money does she get monthly ?
3) Mr. Pandit is 75 years of age. Last year his annual income was 13,25,000 rupees.
whether he have to pay income tax or not?
4) Rida spends 70% of the money that she receives every month, and saves Rs. 280. How
much money does she get monthly ?
Q.2 A Solve the following questions (any 2). (4m)
1) Mr. Shekhar spends 60% of his income. From the balance he donates Rs. 300 to an
orphanage. He is then left with Rs. 3,200. What is his income ?
2) Sameera spent 90% of her income and donated 3% for socially useful causes. If she left
with Rs. 1750 at the end of the month, what was her actual income ?
3) Differentiate between predictable and un predictable expenses.
Q.2 B Solve the following questions. (Any 4) (8m)
1) Nina spends 90% of the money that she receives every month and she saves 750. How much
is her income.
2) Radhika spends 60% of her monthly income 10,000. How much she saves?
3) Raju got a profit of ` 2000 on investing ` 10,000. What is the percentage of profit
4) Shri Sathe is 62 years of age. Last year his annual income was ` 6,00,000. He invested `
1,00,000 under section 80 C. On what amount will he have to pay income tax ?
5) Mr Kulkarni (age 60 years) has taxable income 4,80,000. Will he have to pay income tax?
Q.3 A Solve the following questions. (Any 1) (3m)
1) Mr Shekhar spends 60% of his income. From the balance he donates ` 300 to an orphanage.
He is then left with ` 3200. Complete the following activity to find his income.
2) Mr Kartarsingh (age 48 years) works in a private company. His monthly income after
deduction of allowances is ` 40,000. Compute his income tax.
Q.3 B Solve the following questions. (Any 2) (6m)
1) Nikhil spent 5% of his monthly income on his children's education, invested 14% in
shares, deposited 3% in a bank and used 40% for his daily expenses. He was left with a
balance of Rs. 19,000. What was his income that month ?.
2) Sameera spent 90% of her income and donated 3% for socially useful causes. If she left
with Rs. 1750 at the end of the month, what was her actual income ?
3) Mr. Hiralal invested Rs. 2,15,000 in a Mutual Fund. He got Rs. 3,05,000 after 2 years.
Mr. Ramniklal invested Rs. 1,40,000 at 8% compound interest for 2 years in a bank.
4) Mrs Hinduja’s age is 50 years. Last year her income was ` 16,30,000. How much income tax
has she to pay ?
Q.4 Solve the following questions. (Any 2) (8m)
1) Mr. Manohar gave 20% part of his income to his elder son and 30% part to his younger
son. He gave 10% of the balance as donation to a school. He still had Rs. 1,80,000 for
himself. What was Mr. Manohar's income ?
2) Mr. Sayyad kept Rs. 40,000 in a bank at 8% compound interest for 2 years. Mr. Fernandes
invested Rs. 1,20,000 in a mutual fund for 2 years. After 2 years, Mr. Fernandes got Rs.
1,92,000. Whose investment turned out to be more profitable ?
3) Mr. Pandit is 75 years of age. Last year his annual income was 13,25,000 rupees. How
much is his taxable income ? How much tax does he have to pay ?
Q.5 Solve the following questions. (Any 1) (3m)
