From the following data about a firm ‘X’ for the year 2000-01, cal

1.	From the following data about a firm ‘X’ for the year 2000-01, calculate the net value added at a market price during the year.Particular₹ in croresSales90Closing stock25Opening stock15Indirect taxes10Depreciation20Intermediate consumption40Purchase of raw materials15Rent5
Answer» Net value added at market price = Sales + (Closing stock- Opening stock) – Intermediate consumption – Depreciation = 90+ (25-15) -40 – 20 = ₹ 40 crores

From the following data about a firm ‘X’ for the year 2000-01, calculate the net value added at a market price during the year.Particular₹ in croresSales90Closing stock25Opening stock15Indirect taxes10Depreciation20Intermediate consumption40Purchase of raw materials15Rent5

Answer»

Net value added at market price

= Sales + (Closing stock- Opening stock) – Intermediate consumption – Depreciation

= 90+ (25-15) -40 – 20

= ₹ 40 crores