Question
Calculate “sales” from the following data:
| S.No | Particulars | (Rs in lakhs) |
| (i) | Net Value added at factor cost | 560 |
| (ii) | Depreciation | 60 |
| (iii) | Change in stock | (-) 30 |
| (iv) | Intermediate cost | 1000 |
| (v) | Exports | 200 |
| (vi) | Indirect taxes | 60 |
Solution
Net value added at factor cost (NDPFC) = 560
Now,
GDPmp = NDPFC +indirect tax + depreciation
Therefore GDPMp = 560+60+60=680
GDPMP = sales + change in stock – intermediate cost
Or
sales = GDPMp - change in stock + intermediate cost
= sales = 680 - (-30) + 1000 = 1710
Thus sales = 1710.
