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Question
Calculate 'sales' from the following data:-
S. No. | Particulars | (Rs in laths) |
(i) | Net value added at factor cost | 560 |
(ii) | Depreciation | 60 |
(iii) | Change in stock | (-)30 |
(iv) | Intermediate cost | 1000 |
(v) | Exports | 200 |
(vi) | Indirect taxes | 60 |
Solution
Given that
NDPfc = 560
GDPmp = NDPfc + Indirect taxes + Depreciation
GDPmp = 560 +60 +60 =680
GDPmp = Sales + Change in stock - Intermediate cost
Sales = GDPmp - Change in stock + Intermediate cost
= 680 - (-)30+1000 = 1710
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