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Solution - Aggregates Related to National Income - Gross Value Added and Net Value Added

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Question

Calculate Gross Value Added at Factor Cost:

iUnits of output sold (units)1,000
iiPrice per unit of output (Rs)30
iii.Depreciation (Rs)1,000
iv.Intermediate cost (Rs)12,000
v.Closing stock (Rs)3,000
vi.Opening stock (Rs)2,000
vii.Excise (Rs)2,500
viii.Sales tax (Rs)3,500

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Solution for concept: Aggregates Related to National Income - Gross Value Added and Net Value Added. For the courses 12th CBSE (Arts), 12th CBSE (Commerce), 12th CBSE (Science)
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