Calculate Value of Output and Gross Value added at market price Opening Stock ₹ 1,000 Closing Stock ₹ 800
Solution:- Value of Output = Sales + Closing Stock – Opening Stock Value of Output = ₹ 10,000 + ₹ 800 – ₹ 1,000 Value of Output = ₹ 9,800 Crores Gross Value Added at MP = Value of Output…