Calculate Value of Output and Gross Value added at market price Opening Stock ₹ 1,000 Closing Stock ₹ 800
Calculate Value of Output and Gross Value added at market price
| Particulars | ₹ in Crores |
| (i) Opening Stock | 1,000 |
| (ii) Closing Stock | 800 |
| (iii) Purchase of Raw Materials | 200 |
| (iv) Sales | 10,000 |
| (v) Indirect taxes | 250 |
| (vi) Subsidies | 50 |
Ans: Value of Output = ₹ 9,800 Crores, Gross Value Added at MP = ₹ 9,600 Crores
Anurag Pathak Changed status to publish December 21, 2023
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 – Purchase of Raw Materials
Gross Value Added at MP = ₹ 9,800 – ₹ 200
Gross Value Added at MP = ₹ 9,600 Crores
Anurag Pathak Changed status to publish November 11, 2023
