alleryShopkeeper sells an article at Rs 4480 inclusive of 12% GST. Taxable value is
ARs 4150
BRs 4400
CRs 4200
DRs 4000
Answer & Solution
Correct answer: D. Rs 4000
1. Let taxable value be P. P (1 + 12/100) = 4480.
2. 1.12 P = 4480.
3. P = 4480 / 1.12.
4. = Rs 4000.
_Source: Selina Concise Mathematics Class 10, Ch on Value Added Tax / GST (Mistral OCR'd PDF), section on reverse calculation_
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