Saved Bookmarks
| 1. |
Calculate Gross Value Added at Factor Cost.S.No.ContentsRs(in crore)(i)Units of Output Sold(units)1000(ii)Price Per Unit of Output30(iii)Depreciation1000(iv)Intermediate Cost12000(v)Closing Stock3000(vi)Opening Stock2000(vii)Excise2500 |
|
Answer» Sales = Units of Output sold x Price Per Unit of Output 30000 crore Value of Output = Sales + Change in Stock = 30000 + (3000 - 2000) = Rs 31000 crore Hence, GV{{A}{PC}} = Value of Output - Intermediate Cost - Net Indirect Taxes (Excise + Sales Tax) = 31000 -12000 - (2500 + 3500) GV{{A}{PC}} = Rs 13000 crore |
|