The total value (with GST) of remote controlled toy car is ₹ 2360. Rate of GST is 18% on toys. Complete the following activity to find the taxable value for the toy car :Activity :Total value for toy car with GST = ₹ 2360.Rate of GST = 18%Let taxable…

Q.3 (A)(ii) The total value (with GST) of remote controlled toy car is ₹ 2360. Rate of GST is 18% on toys. Complete the following activity to find the taxable value for the toy car :

Activity :

Total value for toy car with GST = ₹ 2360.

Rate of GST = 18%

Let taxable value for toy car be ₹ \(x\)

\(\therefore \text{GST} = \dfrac{18}{100} \times x\)

\(\therefore\) Total value for toy car = \(\left( \dfrac{\text{taxable value}}{\text{for toy car}} \right) +\) ____ ...... Formula

\(\therefore 2360 =\) ____ \(+ \dfrac{\text{____}}{100} \times x\)

\(\therefore 2360 = \dfrac{\text{____}}{100} \times x\)

\(\therefore 2360 \times 100 = 118x\)

\(\therefore x = \dfrac{2360 \times 100}{\text{____}}\)

\(\therefore\) Taxable value for toy car is ₹ ____