12th Class Economics Solved Paper - Economics 2012 Delhi Set-III

  • question_answer
    Find Net Value Added at Market Price:
    S. No. Items Amount
    (i) Output sold (units) 800
    (ii) Price per unit of output (Rs) 20
    (iii) Excise (Rs) 1,600
    (iv) Import duty (Rs) 400
    (v) Net change in stocks (Rs) (-) 500
    (vi) Depreciation (Rs) 1,000
    (vii) Intermediate Cost (Rs)           8,000

    Answer:

    Net Value Added at Market Prices (\[ND{{P}_{MP}}\]) = Total Value of Sales + Change in Stock - Intermediate Consumption ? Depreciation
    \[ND{{P}_{MP}}=(800\times ~20)+(-500)-8000-1000\]
    or,        \[ND{{P}_{MP}}\] = Rs. 6,500


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