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National Income Accounting

Question
CBSEENEC12013382
Wired Faculty App

Calculate sales from the following data:
   

(र in lakhs)

(i)

Net value added at FC

600

(ii)

Intermediate Consumption

400

(iii)

Indirect tax

40

(iv)

Change in stocks

-100

(v)

Depreciation

60

 

Solution
Solution not provided

Tips: -

Hint. Gross value added at MP = Sales + Change in stock - Intermediate consumption
Sales = Gross value added at MP - Change in stock + Intermediate consumption
= (600 + 60 + 40) - (-100) + 400
= 700 + 100 + 400 = र 1200 lakhs

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