Calculate the Value of 'Sales' from the following data Net Value Added at Factor Cost ₹ 800 Subsidies ₹ 40

Anurag Pathak 16.55K November 11, 2023 0 Comments

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

Solution:-

Gross Value Added at MP = Net Value Added at FC + Depreciation + Net indirect tax (indirect tax – Subsidies)

Gross Value Added at MP = ₹ 100 + ₹ 30 + (₹ 0 – ₹ 15)

Gross Value Added at MP = ₹ 115 Crores

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

₹ 115 = ₹ 300 – Intermediate Consumption

Intermediate Consumption = ₹ 300 – ₹ 115

Intermediate Consumption – ₹ 185 Crores

Anurag Pathak Changed status to publish November 11, 2023