Question

Calculate 'sales' from the following data:-

S. No.	Particulars	(Rs in laths)
(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

Answer 1

Given that

NDP_fc = 560

GDP_mp = NDP_fc + Indirect taxes + Depreciation

GDP_mp = 560 +60 +60 =680

GDP_mp = Sales + Change in stock - Intermediate cost

Sales = GDP_mp - Change in stock + Intermediate cost

         = 680 - (-)30+1000 = 1710