Find gross value added at market price : (i) Depreciation 20 (ii) Domestic sales 200 (iii) Net change in stocks (-)10 (iv) Exports 10 (v) Single use producer goods 120 (₹ lacs)

CBSE 2016 Class 12 Economics Delhi Set-3 - Question 3

Question : 3 of 5

Marks: +1, -0

Find gross value added at market price :

(₹ lacs)

Solution:

\;\;\text " Value of output "\;=\;\text " Sales "\;- \;\text " Net Change in stock "\;

\;=(\;\text " Domestic Sales "\;+ \;\text " Exports) "\;+ \;\text " Net Change in Stock "\;

\;=(200+10)+(-10)

\;=₹ 200 \;\text " lakh "\;

Grows value added at market price = Value of output = Intermediate Consumption

\;=200-120

\;=₹ 80 \;\text " lakh. "\;

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