| Calculate 'Sales' from the following data: | ||
| (Rs. in lakhs) | ||
| (i) | Subsidies | 200 |
| (ii) | Opening stock | 100 |
| (iii) | Closing stock | 600 |
| (iv) | Intermediate consumption | 3,000 |
| (v) | Consumption of fixed capital | 700 |
| (vi) | Profit | 750 |
| (vii) | Net value added at factor cost | 2,000 |
Answer:
\[GD{{P}_{mp}}\] = \[ND{{P}_{FC}}\] - Subsidies + Depreciation
\[=2000-200+700\]
= Rs. 2,500 lakhs
Now,
\[GD{{P}_{mp}}\]= Sales + (Closing Stock - Opening Stock) - Intermediate Consumption
Or, Sales = \[GD{{P}_{mp}}\] - (Closing Stock - Opening Stock) + Intermediate Consumption
\[=2,500-(600-100)+3000\]
= Rs. 5,000 lakhs
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