Chapter 1 · Class 10 ICSE · Formula Sheet
Commercial Mathematics (Banking & GST) Formulas — Class 10 ICSE
Solve problems on banking (recurring deposits, fixed deposits), GST, and shares.
Key Formulas
Compound Interest
A = P\left(1 + \dfrac{r}{100}\right)^n
Recurring Deposit Maturity
M = Pn + P \cdot \dfrac{n(n+1)}{2} \cdot \dfrac{r}{1200}
P = monthly installment, n = months
GST Calculation
\text{GST Amount} = \dfrac{\text{GST Rate}}{100} \times \text{Selling Price}
Input-Output GST
\text{GST Payable} = \text{Output GST} - \text{Input GST}
Worked Examples
1Using: Application
Apply the key formula from this topic to a sample problem.
Step 1: Identify the formula.
Step 2: Substitute the values.
Step 3: Simplify to get the answer.
Answer: See solution above
Practice Now
Apply these formulas with 60+ practice questions and AI-powered doubt clearing.
More Class 10 ICSE Formulas
Frequently Asked Questions
How many formulas are in Class 10 ICSE Commercial Mathematics (Banking & GST)?+
How to remember Commercial Mathematics (Banking & GST) formulas easily?+
Are these Commercial Mathematics (Banking & GST) formulas enough for exams?+
Master Commercial Mathematics (Banking & GST) on SparkEd
Go beyond formulas. Practice at three difficulty levels with instant feedback, step-by-step solutions, and an AI coach.
Start Practising FreeSparkEd Maths provides free formula sheets for Class 1-10 across 7 education boards. All formulas are aligned to the 2025-26 syllabus.