From the following data, Calculate net value added at factor cost Sales ₹ 300 Opening Stock ₹ 40
From the following data, Calculate net value added at factor cost.
| Particulars | ₹ in crores |
| (i) Sales | 300 |
| (ii) Opening Stock | 40 |
| (iii) Depreciation | 30 |
| (iv) Intermediate Consumption | 120 |
| (v) Exports | 50 |
| (vi) Change in stock | 20 |
| (vii) Net indirect taxes | 15 |
| (viii) Factor income to abroad | 10 |
Ans:-
Net Value Added at Factor Cost = ₹ 155 Crore
Anurag Pathak Changed status to publish December 21, 2023
Solution:-
Calculation of Net Value added at factor cost
Value of Output = Sales + Change in Stock
Value of Output = ₹ 300 + ₹ 20
Value of Output = ₹ 320
Gross Value added at Market Price = Value of Output – Intermediate Consumption
Gross Value added at Market Price = ₹ 320 – ₹ 120
Gross Value added at Market Price = ₹ 200
Net Value added at Factor Cost = Gross Value added at Market Price – Depreciation – Net Indirect taxes
Net Value added at Factor Cost = ₹ 200 – ₹ 30 – ₹ 15
Net Value added at Factor Cost = ₹ 155 Crore
Anurag Pathak Changed status to publish November 7, 2023
