Find Net Value Added at Market Price: | ||
(i) | Depreciation (Rs.) | 700 |
(ii) | Output sold (units) | 900 |
(iii) | Price per unit of output (Rs.) | 40 |
(iv) | Closing stock (Rs.) | 1,000 |
(v) | Opening stock (Rs.) | 800 |
(vi) | Sales tax (Rs.) | 3,000 |
(vii) | Intermediate cost (Rs.) | 20,000 |
Answer:
Net Value Added at Market Price = (Units of output sold x Price per unit of output) + Closing stock - Opening stock - Intermediate cost - Depreciation = (ii) \[\times \] (iii) + (iv) - (v) - (vii) - (i) \[=(900\times ~40)+1,000-800-20,000-700\] \[=36,000+1,000-21,500\] = Rs. 15,500
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