# Calculate gross value added at factor cost Domestic Sales ₹ 3,000 Change in Stock ₹ (-) 100

Calculate gross value added at factor cost.

Particulars | ₹ in crores |

(i) Domestic Sales | 3,000 |

(ii) Change in Stock | (-) 100 |

(iii) Depreciation | 300 |

(iv) Intermediate Consumption | 2,000 |

(v) Exports | 500 |

(vi) Indirect taxes | 250 |

(vii) Net Factor income from abroad | (-) 50 |

Ans:-

Gross Value Added at Factor Cost = ₹ 1,150 Crore

Anurag Pathak Changed status to publish December 21, 2023

**Solution:-**

**Calculation of Gross Value added at factor Cost:**

Sales = Domestic Sales + Exports

Sales = ₹ 3,000 + ₹ 500

Sales = ₹ 3,500

Value of Output = Sales + Change in Stock

Value of Output = ₹ 3,500 + (-) 100

Value of Output = ₹ 3,400

Gross Value added at MP = Value of Output – Intermediate Consumption

Gross Value added at MP = ₹ 3,400 – ₹ 2,000

Gross Value added at MP = ₹ 1,400

Gross Value added at Factor Cost = Gross Value added at MP – Net Indirect Taxes

Gross Value added at Factor Cost = ₹ 1,400 – ₹ 250

**Gross Value added at Factor Cost = ₹ 1,150 Crore**

Anurag Pathak Changed status to publish November 7, 2023