# Calculate the value of ‘Sales’ from the following data Net Value Added at Factor Cost ₹ 800

Calculate the value of ‘Sales’ from the following data:

Particulars | ₹ in Crores |

(i) Net Value Added at Factor Cost | 800 |

(ii) Subsidies | 40 |

(iii) Change in Stock | (-) 70 |

(iv) Sales | ? |

(v) Intermediate Consumption | 450 |

(vi) Consumption of Fixed Capital | 40 |

Ans: 1,320 Crores

Anurag Pathak Changed status to publish December 21, 2023

Solution:-

Gross Value Added at MP = Net Value Added at Factor Cost + Consumption of Fixed Capital + Net indirect tax (Indirect tax – Subsidies)

Gross Value Added at MP = ₹ 800 + ₹ 40 + (₹ 0 – ₹ 40)

Gross Value Added at MP = ₹ 800

Gross Value Added at MP = Value of Output (Sales + Change in Stock) – Intermediate Consumption

₹ 800 = [Sales + (-) ₹ 70] – ₹ 450

Sales = ₹ 800 + ₹ 70 + ₹ 450

**Sales = ₹ 1,320 Crores**

Anurag Pathak Changed status to publish November 11, 2023