# 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