Question

financial planning for standard 10th SSC board

the total value of a remote control toy aeroplane is rupees 2220 rate of GST is 18% on toys find the taxable value cgst and sgst for toy aeroplane​


please please Solve my problem.
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Answer 1

Answer:

TAXABLE VALUE RS1881.35

CGST=RS169.32

SGST=RS169.32

STEP BY STEP EXPLANATION

LET ORIGINAL PRICE =RS100

GST=18% OF 100

=18/100×100

=RS18

FINAL VALUE =100+18

=RS118

ORIGINAL FINAL

100 118

X 2220

X×118=100×2220

X×118=222000

X=1881.35

ORIGINAL VALUE= RS1881.35(TAXABLE VALUE)

GST=2220-1881.35

=RS338.65

CGST=SGST=338.65÷2

=RS169.32