12th Class Economics Sample Paper Economics - Sample Paper-3

  • question_answer
    Find compensation of employees.   
    S. No. Items (Rs.) in crores
    (i) Profit 500
    (ii) Net Domestic Product at Factor Cost\[(ND{{P}_{FC}})\] 4,000
    (iii) Interest 400
    (iv) Depreciation in the Value of Fixed Capital 800
    (v) Mixed Income 1,500
    (vi) Indirect Tax 300
    (vii) Subsidies 100
    (viii) Rent 600
                                                 

    Answer:

    Net Domestic Product at Factor Cost\[(ND{{P}_{FC}})\] \[ND{{P}_{FC}}\]=compensation of Employees + Operating Surplus (Profit + Interest-l- Rent) + Mixed Income  \[\therefore \]Compensation of Employees =\[ND{{P}_{FC}}-\] Operating Surplus - Mixed Income             \[=\text{ }4,000-(500+400+600)-1,500\]                           \[=4,000-3,000=Rs.\,\,1,000\,\,~crore\] So, compensation of employees =Rs. 1,000 crore                                              


You need to login to perform this action.
You will be redirected in 3 sec spinner