# Calculate Value of “Interest” from the following data Indirect tax ₹ 1,500 Subsidies ₹ 700

Calculate Value of “Interest” from the following data:

Particulars | ₹ in Crores |

(i) Indirect tax | 1,500 |

(ii) Subsidies | 700 |

(iii) Profits | 1,100 |

(iv) Consumption of fixed capital | 700 |

(v) Gross domestic product at market price | 17,500 |

(vi) Compensation of employees | 9,300 |

(vii) Interest | ? |

(viii) Mixed Income of self-employed | 3,500 |

(ix) Rent | 800 |

Interest = ₹ 1,300 Crores

Anurag Pathak Changed status to publish December 21, 2023

**Solution:-**

NDP at FC = GDP at MP – Consumption of fixed Capital – Indirect tax + subsidies

NDP at FC = (v) – (iv) – (i) – (ii)

NDP at FC = ₹ 17,500 – ₹ 700 – ₹ 1,500 + ₹ 700

NDP at FC = ₹ 16,000

NDP at FC = Compensation of Employees + Mixed income of self-employed + Rent + Interest + Profits

₹ 16,000 = 9,300 + 3,500 + ₹800 + Interest + ₹ 1,100

Interest = ₹ 16,000 – 9,300 – 3,500 – ₹800 – ₹ 1,100

Interest = ₹ 1,300 Crores

Anurag Pathak Changed status to publish November 5, 2023