What is Net Value Added at Market Price?
We know that
GDP at Market Price is equal to Total Value Added by All Sectors/Companies
From this Depreciation is Reduced
So we get Net Value Added at Market Price
Example 3
Calculate Net Value Added at Market Price
Particulars | Amt in Crores |
Sales | 90 |
Closing Stock | 25 |
Opening Stock | 15 |
Indirect Taxes | 10 |
Depreciation | 20 |
Intermediate consumption | 40 |
Purchase of raw material | 15 |
rent | 5 |
Question 1
Find Net Value Added at Market Price
Particulars | Amt in Lakhs |
Fixed Capital good with a life span of 5 years | 15 |
Raw Materials | 6 |
Sales | 25 |
Net change in stock | -2 |
Taxes on Production | 1 |
NCERT Questions
No questions in this part