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Find Gross Value Added at Market Price - Economics

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Find gross value added at market price

    (Rs lakh)
(i) Depreciation 20
(ii) Domestic sales 200
(iii) Net change in stocks (-) 10
(iv) Exports 10
(v) Single use producer goods 120
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Solution

Value o f output = sales + Net change in stock

= (Domestic sales + Exports) + Net change in stock

= (200+10) + (-10)

= Rs 200

Gross Value Added at Market Price = Value o f output — Intermediate consumption

= 200 — 120

= Rs 80

Concept: Aggregates Related to National Income - Gross Value Added and Net Value Added
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