Caclulate basic value of a excise invoice

Dinesh Saini (1 Points)

03 May 2017  

         Item Value= x

excise =  x*12.5%

Taxable Value = x+excise

VAT = Taxable Value*12.5%

Surcharge = VAT*5%

Total Value = Taxable Value + VAT + Surcharge

If the total Value is  = 12726.5625

Then find then Value of X