Asked in: March 2024 board paperQ.9 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 = ₹…
Asked in: March 2024 board paper
Q.9 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 = (taxable value for toy car) + ____ ...... 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 ₹ ____